CipherTrace Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 81

Employees

  • Latest Deal Type
  • M&A

CipherTrace General Information

Description

Developer of a digital currency risk assessment technology designed to strengthen the blockchain economy through improved security. The company's technology offers customers an anti-money laundering analysis tool for cryptocurrency that assesses the risk of the wallet and assists clients in addressing risk involved in a transaction, providing a risk score, enabling banks, exchanges and other financial institutions to trace transaction flows and comply with regulatory AML requirements.

Contact Information

Website
www.ciphertrace.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 140 Victory Lane
  • Los Gatos, CA 95030
  • United States
Primary Industry
Other Financial Services
Acquirer
MasterCard
Vertical(s)
Cryptocurrency/Blockchain, FinTech
Corporate Office
  • 140 Victory Lane
  • Los Gatos, CA 95030
  • United States

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CipherTrace Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 27-Oct-2021 Completed Generating Revenue
6. Later Stage VC (Series B) 30-May-2021 Completed Generating Revenue
5. Debt - PPP 27-Apr-2020 Completed Startup
4. Early Stage VC (Series A) 04-Feb-2019 Completed Generating Revenue
3. Seed Round 18-Apr-2018 Completed Startup
2. Grant 01-Jan-2017 $141K Completed Startup
1. Accelerator/Incubator Completed Startup
To view CipherTrace’s complete valuation and funding history, request access »

CipherTrace Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A
Seed 7,790,636 $0.000010 6% $0.41 $0.41 1x $0.41 10.05%
To view CipherTrace’s complete cap table history, request access »

CipherTrace Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital currency risk assessment technology designed to strengthen the blockchain economy through improve
Other Financial Services
Los Gatos, CA
81 As of 2021

Sioux Falls, SD
 

London, United Kingdom
 
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CipherTrace Competitors (18)

One of CipherTrace’s 18 competitors is BitGo Holdings, a Formerly VC-backed company based in Sioux Falls, SD.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BitGo Holdings Formerly VC-backed Sioux Falls, SD
Elliptic Venture Capital-Backed London, United Kingdom
Chainalysis Venture Capital-Backed New York, NY
Binance Venture Capital-Backed United Arab Emirates
Scorechain Venture Capital-Backed Esch-sur-Alzette, Luxembourg
You’re viewing 5 of 18 competitors. Get the full list »

CipherTrace Patents

  • 50

    Total Documents Applications and Grants

  • Total Patents Families

  • 33

    Granted

  • 6

    Pending

  • Expiring in next 12 mo

CipherTrace Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2023234289-A1 Systems and processes for generating a single cryptocurrency address mapping space for a plurality of cryptocurrencies by clustering Pending 14-Mar-2022
EP-4494300-A1 Systems and processes for generating a single cryptocurrency address mapping space for a plurality of cryptocurrencies by clustering Pending 14-Mar-2022
US-12033150-B2 Systems and processes for generating a single cryptocurrency address mapping space for a plurality of cryptocurrencies by clustering Active 14-Mar-2022
US-12380447-B2 Systems and processes for generating a single cryptocurrency address mapping space for a plurality of cryptocurrencies by clustering Active 14-Mar-2022
US-20230289795-A1 Systems and processes for generating a single cryptocurrency address mapping space for a plurality of cryptocurrencies by clustering Active 14-Mar-2022 G06Q20/401
To view CipherTrace’s complete patent history, request access »

CipherTrace Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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CipherTrace Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Acrew Capital Venture Capital Minority
Aspect Ventures Venture Capital Minority
Block.one Growth/Expansion Minority
BootUP World Accelerator/Incubator Minority
Galaxy Interactive Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

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CipherTrace FAQs

  • When was CipherTrace founded?

    CipherTrace was founded in 2015.

  • Where is CipherTrace headquartered?

    CipherTrace is headquartered in Los Gatos, CA.

  • What is the size of CipherTrace?

    CipherTrace has 81 total employees.

  • What industry is CipherTrace in?

    CipherTrace’s primary industry is Other Financial Services.

  • Is CipherTrace a private or public company?

    CipherTrace is a Private company.

  • What is CipherTrace’s current revenue?

    The current revenue for CipherTrace is .

  • How much funding has CipherTrace raised over time?

    CipherTrace has raised $45.1M.

  • Who are CipherTrace’s investors?

    Acrew Capital, Aspect Ventures, Block.one, BootUP World, and Galaxy Interactive are 5 of 11 investors who have invested in CipherTrace.

  • Who are CipherTrace’s competitors?

    BitGo Holdings, Elliptic, Chainalysis, Binance, and Scorechain are some of the 18 competitors of CipherTrace.

  • When was CipherTrace acquired?

    CipherTrace was acquired on 27-Oct-2021.

  • Who acquired CipherTrace?

    CipherTrace was acquired by MasterCard.

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