Amber Group Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
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1,000
- Latest Deal Type
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Series C
- Latest Deal Amount
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$300M
- Investors
-
50
Amber Group General Information
Description
Developer of a digital currency exchange platform designed to empower everyone to build wealth by simplifying access to digital currency. The company's platform automatically converts the spare change from each transaction into different coins and permits to not only buy with spare change but also store, swap, send, and sell it, enabling users to feasibly accumulate cryptocurrency with their spare change and protect wealth over the long term.
Contact Information
Website
www.ambergroup.ioCorporate Office
- 65 Chulia Street
- OCBC Centre
- Singapore, 049513
- Singapore
Corporate Office
- 65 Chulia Street
- OCBC Centre
- Singapore, 049513
- Singapore
Amber Group Timeline
Amber Group Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC (Series C) | 24-Apr-2023 | $300M | Completed | Profitable | ||
| 8. Later Stage VC (Series B1) | 21-Feb-2022 | Completed | Profitable | |||
| 7. Early Stage VC | 01-Oct-2021 | Completed | Profitable | |||
| 6. Early Stage VC | 21-Jun-2021 | Completed | Profitable | |||
| 5. Early Stage VC | 24-Nov-2020 | Completed | Profitable | |||
| 4. Secondary Transaction - Private | 14-Aug-2020 | Completed | Profitable | |||
| 3. Early Stage VC (Series A) | 14-Aug-2019 | Completed | Profitable | |||
| 2. Seed Round | 18-Dec-2018 | $1M | $1.28M | Completed | Profitable | |
| 1. Angel (individual) | 01-Feb-2018 | $280K | $280K | Completed | Startup |
Amber Group Comparisons
Industry
Financing
Details
Amber Group Competitors (18)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| OKX | Private Equity-Backed | Victoria, Seychelles | ||||
| Gemini | Venture Capital-Backed | New York, NY | ||||
| Bitpanda | Venture Capital-Backed | Vienna, Austria | ||||
| BitPay | Venture Capital-Backed | Atlanta, GA | ||||
| Lykke | Venture Capital-Backed | Zug, Switzerland |
Amber Group Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Amber Group Executive Team (13)
| Name | Title | Board Seat |
|---|---|---|
| Michael Wu | Co-Founder & Chief Executive Officer | |
| Steve Zhang | Chief Financial Officer | |
| Wayne Huo | Co-Founder & Chief Operating Officer | |
| Thomas Zhu | Co-Founder & Chief Technology Officer | |
| YuHao He | Co-Founder & Partner |
Amber Group Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Bo Shen | Fenbushi Capital | Board Member | |
| Dan Morehead | Pantera Capital | Board Member | |
| Matthew Huang | Paradigm (Crypto Fund) | Board Member | |
| Noorsurainah Tengah | Brunei Investment Agency | Board Member | |
| Wenbo Yu | Self | Board Member |
Amber Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Amber Group Investors (50)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Brightway Future Capital | Venture Capital | Minority | ||
| Fundamental Labs | Venture Capital | Minority | ||
| L1 Digital | Venture Capital | Minority | ||
| PLUTUSVC | Venture Capital | Minority | ||
| Rubik Ventures (New York) | Venture Capital | Minority |
Amber Group Investments & Acquisitions (78)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Yala | 10-Oct-2024 | Financial Software | |||
| Meridian (decentralized liquidity marketplace) | 24-Sep-2024 | Specialized Finance | |||
| Layer3 | 20-Sep-2024 | Other Financial Services | |||
| Castile | 10-Sep-2024 | Entertainment Software | |||
| Uniquid Layer | 30-Aug-2024 | Early Stage VC | Financial Software |
Amber Group Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Sparrow (Singapore) | Financial Software | Singapore, Singapore |
Amber Group Exits (6)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| NFEX | 16-Feb-2023 | Completed |
|
||
| Vaporwave Finance | 29-Apr-2022 | Completed |
|
||
| Ren (Financial Software) | 23-Feb-2022 | Completed |
|
||
| Voltz | 08-Dec-2021 | Completed |
|
||
| Plutux | 01-Sep-2018 | Early Stage VC | Completed |
|
Amber Group FAQs
-
When was Amber Group founded?
Amber Group was founded in 2017.
-
Who is the founder of Amber Group?
Michael Wu, Wayne Huo, Thomas Zhu, YuHao He, Peijiu Li, and Tiantian Kullander are the founders of Amber Group.
-
Who is the CEO of Amber Group?
Michael Wu is the CEO of Amber Group.
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Where is Amber Group headquartered?
Amber Group is headquartered in Singapore, Singapore.
-
What is the size of Amber Group?
Amber Group has 1,000 total employees.
-
What industry is Amber Group in?
Amber Group’s primary industry is Financial Software.
-
Is Amber Group a private or public company?
Amber Group is a Private company.
-
What is Amber Group’s current revenue?
The current revenue for Amber Group is .
-
How much funding has Amber Group raised over time?
Amber Group has raised $630M.
-
Who are Amber Group’s investors?
Brightway Future Capital, Fundamental Labs, L1 Digital, PLUTUSVC, and Rubik Ventures (New York) are 5 of 50 investors who have invested in Amber Group.
-
Who are Amber Group’s competitors?
OKX, Gemini, Bitpanda, BitPay, and Lykke are some of the 18 competitors of Amber Group.
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