Celsius - About the company
Celsius is an acquired company based in Hoboken (United States), founded in 2017 by Shlomi Daniel Leon and Candy. It operates as an Online exchange, swap, and liquidity solutions for cryptocurrency. Celsius has raised $956M in funding from investors like CDPQ, Tether and WestCap, with last known valuation of $3.25B. The company has 93 active competitors, including 33 funded and 5 that have exited. Its top competitors include companies like Salt lending, Milo and EVAA.
Sectors and market segments that Celsius operate in
Celsius serves in the FinTech, Blockchain Technology market segments.The primary business model of Celsius are:Company Details
Online exchange, swap, and liquidity solutions for cryptocurrency. Users can borrow loans using the crypto holdings as collateral. Users can earn interest via the coins that are sent from the user's wallet or used as POS collateral. It also offers P2P crypto transfer solutions to users.
- Website
- celsius.network
- Email ID
- *****@celsius.network
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Hoboken, United States
Stage
Acquired
Total Funding
$956M in 9 rounds
Latest Funding Round
Last Known Valuation
$3.25B as on Jun 17, 2022
Ranked
1st among 93 active competitors
Annual Revenue
£10M - £50M as on Feb 29, 2020
Employee Count
118 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Fahrenheit chain (May 25, 2023)
Legal entities associated with Celsius
Celsius is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CELSIUS NETWORK LLC CIN: 20231414413 , United States, Active | Apr 18, 2023 | - | - | - |
Celsius Network Limited CIN: 11198050 , United Kingdom, Active | Feb 08, 2018 | £10M - £50M (As on Feb 29, 2020) | 2 (As on Feb 29, 2020) |
Celsius's acquisition details
Celsius got acquired by Fahrenheit chain on May 25, 2023.
Click here to take a look at Celsius's acquisition in detail
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Celsius's funding and investors
Celsius has raised a total funding of $956M over 9 rounds. Its latest funding round was a Series B round on Aug 19, 2022 for $150M. 1 investor participated in its latest round. Celsius has 17 institutional investors.
Here is the list of recent funding rounds of Celsius:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2022 | $150M | Series B | - | - | - | |
Apr 05, 2022 | $1M | Series B | - | - | - | |
Oct 12, 2021 | $750M | Series B | $3B | - | - |
View details of Celsius's funding rounds and investors
Celsius' founders and board of directors
Founder? Claim ProfileThe founders of Celsius are Shlomi Daniel Leon and Candy.
Here are the details of Celsius' key team members:
- Shlomi Daniel Leon: Former Co-Founder of Celsius. They serve on the board of 1 company.
- Candy: Founder & Managing Director of Celsius.
Celsius' Board of Directors
Celsius's board has 1 active member. Shlomi Daniel Leon is part of team.Here is the list of Celsius' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 8m |
View details of Celsius's Founder profiles and Board Members
Celsius' employee count trend
Celsius has 118 employees as of Sep 26. Here is Celsius's employee count trend over the years:
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Celsius's Competitors and alternates
Top competitors of Celsius include Salt lending, Milo and EVAA. Here is the list of Top 10 competitors of Celsius, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Celsius 2017, Hoboken (United States), Acquired | Online exchange, swap, and liquidity solutions for cryptocurrency | $956M | 71/100 | |
2nd | Salt lending 2016, Denver (United States), Acquired | Online platform for asset-backed loans for cryptocurrency | $65.1M | 70/100 | |
3rd | Milo 2018, Miami (United States), Series A | Online crypto-backed mortgage lender for consumers | $30.1M | 56/100 | |
4th | EVAA 2022, Prague (Czech Republic), Seed | Decentralized lending protocol on TON blockchain | $2.5M | 48/100 | |
5th | Debifi 2021, Majuro (Marshall Islands), Seed | Online platform offering crypto-backed consumer loans | - | 46/100 | |
6th | Sats Terminal 2024, Dover (United States), Seed | Operator of a non-custodial marketplace for bitcoin backed stablecoin loans | $1.7M | 44/100 | |
7th | Archimedes 2022, Los Angeles (United States), Seed | Crypto-based lending and borrowing platform | $7.3M | 44/100 | |
8th | Blockchain-based decentralized finance platform | $11.2M | 42/100 | ||
9th | Teller 2020, San Francisco (United States), Series A | Provider of a lending platform for cryptocurrency loans | $8.71M | 42/100 | |
10th | Online marketplace for invoice financing | $5.1M | 40/100 |
Looking for more details on Celsius's competitors? Click here to see the top ones
Celsius's Investments and acquisitions
Celsius has made 8 investments in companies including 21.co and CoinRoutes. Celsius has also acquired 1 companies including BSave.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 06, 2022 | Investments | 2013 | New York City (United States) | |
Mar 18, 2022 | Investments | 2017 | San Francisco (United States) | |
Feb 02, 2022 | Investments | 2017 | George Town (Cayman Islands) |
See all investments by Celsius
Reports related to Celsius
Here is the latest report on Celsius's sector:
News related to Celsius
Media has covered Celsius for a total of 2 events in the last 1 year.
•
Celsius Sues BitMEX for $495 Million Over Alleged Wrongful LiquidationCryptoSlate•Sep 16, 2026•BitMEX, Celsius
•
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Tether Pays $299.5M to Settle Celsius Bankruptcy as CEO Paolo Ardonio Targets $20B FundraiseCoinspeaker•Oct 15, 2025•Blockchain Investors Consortium, Celsius, VanEck, Tether and 1 other
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Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from TetherCryptoSlate•Jul 02, 2025•Celsius, Tether
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•
Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy processCryptoSlate•Jun 21, 2025•Celsius
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Celsius Holdings to Acquire Alani Nu®, Creating a Leading Better-For-You, Functional Lifestyle PlatformThe Joplin Globe•Feb 21, 2025•Celsius Holdings, Alani Nutrition, Celsius, Celsius
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Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 EachCryptobreaking•Nov 30, 2024•Celsius
•
Celsius Distributes $2.53 Billion to Creditors Amid Complex Bankruptcy ProceedingCryptoGlobe•Aug 27, 2024•Celsius
•
Celsius Network Plans to Repay Creditors via PayPal’s HyperwalletCryptonews•Aug 20, 2024•Celsius, Hyperwallet Systems
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