Hermetica - About the company
Hermetica is a seed company based in Finland, founded in 2018 by Jakob Schillinger. It operates as a Provider of bitcoin-backed yield-bearing synthetic dollar. Hermetica has raised $1.7M in funding from Utxo Management. The company has 801 active competitors, including 27 funded and 2 that have exited. Its top competitors include companies like TYB, Nem and ApeCoin.
Company Details
Provider of bitcoin-backed yield-bearing synthetic dollar. It allows users to earn up APY without leaving Bitcoin. It utilizes automated options yield strategies to provide a new way for investors to generate returns.
- Website
- hermetica.fi
- Email ID
- *****@hermetica.fi
Key Metrics
Founded Year
2018
Location
Stage
Seed
Total Funding
$1.7M in 1 round
Latest Funding Round
Investors
Ranked
34th among 801 active competitors
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Hermetica's funding and investors
Hermetica has raised a total funding of $1.7M over 1 round. Its latest funding round was a Seed round on Oct 16, 2024 for $*****. 9 investors participated in its latest round. Hermetica has 5 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Hermetica:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 16, 2024 | 5694911 | Seed | 7906908 | 4121514 | 5407377 | 6582413 |
View details of Hermetica's funding rounds and investors
Hermetica's founders and board of directors
Founder? Claim ProfileThe founders of Hermetica is Jakob Schillinger. Jakob Schillinger is the CEO of Hermetica.
Here are the details of Hermetica's key team members:
- Jakob Schillinger: Founder & CEO of Hermetica.
View details of Hermetica's Founder profiles and Board Members
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Hermetica's Competitors and alternates
Top competitors of Hermetica include TYB, Nem and ApeCoin. Here is the list of Top 10 competitors of Hermetica, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TYB 2021, Tucson (United States), Series A | Crypto tokens for influencers | $23.5M | 65/100 | |
2nd | Nem 2014, Daegu (South Korea), Funding Raised | P2P crypto platform for blockchain-based solutions. | - | 49/100 | |
3rd | ApeCoin 2018, Cayman Islands, Funding Raised | ERC-20 governance and utility token | - | 44/100 | |
4th | Provider of blockchain network and application development tools | - | 43/100 | ||
5th | Blockchain and asset creation platform | $250K | 42/100 | ||
6th | U2U Network 2019, Hanoi (Vietnam), Series A | Decentralized data platform | $13.8M | 42/100 | |
7th | Student Coin 2019, Warsaw (Poland), Funding Raised | Digital platform offering cryptocurrency tokens | - | - | 42/100 |
8th | VSolidus 2022, Manchester (United Kingdom), Unfunded | Peer-to-peer digital currency that allows instant transactions | - | - | 42/100 |
9th | Pirate Chain 2018, France, Unfunded | Digital platform offering diversified cryptocurrency solutions | - | - | 40/100 |
10th | Bitbama 2023, United Kingdom, Funding Raised | Digital currency platform designed to educate and onboard users into the web3 ecosystem | - | - | 40/100 |
34th | Provider of bitcoin-backed yield-bearing synthetic dollar | $1.7M | 34/100 |
Looking for more details on Hermetica's competitors? Click here to see the top ones
Hermetica's Investments and acquisitions
Hermetica has made no investments or acquisitions yet.
News related to Hermetica
•
Hermetica raises $1.7 million seed funding to boost Bitcoin DeFi with USDhZephyrnet•Oct 16, 2024•Hermetica, Utxo Management, CMS Holdings, Ethos Fund and 4 others
•
Hermetica, the platform behind Bitcoin-backed USDh, raises $1.7mBitcoin Ethereum News•Oct 16, 2024•Hermetica, Utxo Management, CMS Holdings, Ethos Fund and 3 others
•
Hermetica Completes $1.7M Seed Round to Boost Bitcoin DeFi with USDhThenewscrypto•Oct 16, 2024•Hermetica, CMS Holdings, Ethos Fund, Trust Machines and 2 others
•
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