When was Entropy founded?

Entropy was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Entropy located?

Entropy is headquartered in New York City, United States.

Is Entropy a funded company?

Entropy is a funded company, having raised a total of $28.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 01, 2021.

When was the latest funding round of Entropy?

Entropy's latest funding was a $***** Seed round on Jun 08, 2022, with participation from 8 investors. Its primary sector is Asset Management. In United States, the Asset Management sector has seen $976M in funding in 2026 to date.

Where does Entropy rank among its competitors?

Entropy ranks 11th amongst 36 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Onramp Bitcoin, which secured $12.5M in May, 2026.

Who are the top competitors of Entropy?

Entropy's top competitors include Wave Financial, XBTO and Napier Park Global Capital. Among them, Onramp Bitcoin secured the most recent funding round in May, 2026.

Entropy - 2026 Company Profile, Funding & Competitors

Company Details

Website: entropy.xyz
Social

Key Metrics

Founded Year

2018

Location

New York City, United States

Stage

Seed

Total Funding

$28.8M in 3 rounds

Latest Funding Round

Seed, Jun 08, 2022, $*****

Investors

Andreessen Horowitz & 10 more

Ranked

11^th among 36 active competitors

Similar Companies

Hyperithm & 132 more

View Entropy's full profile

Entropy has raised a total funding of $28.8M over 3 rounds. Its first funding round was on Dec 01, 2021. Its latest funding round was a Seed round on Jun 08, 2022 for $*****. 8 investors participated in its latest round. Entropy has 11 institutional investors.

Here is the list of recent funding rounds of Entropy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 08, 2022	9806176	Seed	9293810	6409634	3773311	6197745
Jan 12, 2022	6767736	Seed	6695146	9629507	2176191	The LAO & 1 more
Dec 01, 2021	3196829	Seed	7141832	4425540	3862219	7807344

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Top competitors of Entropy include Wave Financial, XBTO and Napier Park Global Capital. Here is the list of Top 10 competitors of Entropy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wave Financial 2018, Los Angeles (United States), Series A	Diversified investment firm	$3.76M	IOHK, 9Yards & 2 others	57/100
2nd	XBTO 2015, Miami (United States), Unfunded	Online platform offering cryptocurrency financial services	-	-	56/100
3rd	Napier Park Global Capital 2013, New York City (United States), Acquired	PE firm investing in the US	-	-	54/100
4th	DigitalX 1988, Boston (United States), Public	Blockchain technology for money transfer & trading services	-	Animoca Brands, ParaFi & 1 others	49/100
5th	Hartmann Capital 2018, Miami (United States), Unfunded	Provider of digital asset management services	-	-	48/100
6th	Madison Energy Investments 2019, New York City (United States), Acquired	Provider of platform for investors	-	Stonepeak Infrastructure Partners, BNP Paribas ... & 7 others	46/100
7th	Diamond Lake Minerals 1954, Salt Lake City (United States), Acquired	Provider of tokenization services for real estate and other assets	-	-	42/100
8th	Onramp Bitcoin 2022, Austin (United States), Series A	Provider of Bitcoin financial services built on multi-institution custody	$12.5M	Early Riders	42/100
9th	BXE Capital 2017, Denver (United States), Unfunded	Blockchain investment management firm investing in digital assets and asset companies	-	-	32/100
10th	DRW 1992, Chicago (United States), Acquired	Provider of diversified trading and investment services across various asset classes	-	TriplePoint Capital	31/100
11th	Entropy 2018, New York City (United States), Seed	Provider of digital asset custody services	$28.8M	Andreessen Horowitz, P2P Capital & 9 others	30/100