Startup Fundraising

Elliptic reels in $120M for its cryptocurrency analytics platform

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Elliptic raised $120.0M (Series D) from One Peak, Nasdaq Ventures, Deutsche Bank, British Business Bank.
  • Sector: Financial Services & Fintech, Technology, Software & Gaming.
  • Geography: United Kingdom.

Analysis

  • Elliptic, a startup focused on detecting illicit blockchain transactions, has secured $120 million in Series D funding.
  • The funding round was led by growth equity firm One Peak.
  • Notable participants in the round include Nasdaq Ventures, Deutsche Bank, and the British Business Bank.
  • The company's platform is designed to assist players in the crypto industry with transaction monitoring.
  • This significant funding indicates strong investor confidence in the cryptocurrency analytics and compliance sector.