When was Ledn founded?

Ledn was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Ledn located?

Ledn is headquartered in Toronto, Canada.

Who is the current CEO of Ledn?

Adam Reeds and Mauricio Di Bartolomeo s of Ledn.

How many employees does Ledn have?

As of Mar 31, 2026, the latest employee count at Ledn is 75.

Is Ledn a funded company?

Ledn is a funded company, having raised a total of $104M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 11, 2018.

How much is Ledn worth?

The latest valuation of Ledn is $***** as of Dec 15, 2021.

When was the latest funding round of Ledn?

Ledn's latest funding was a $***** Series B round on Nov 18, 2025, with participation from 1 investor. Its primary sector is Alternative Lending. In Canada, the Alternative Lending sector has seen $30.2M in funding in 2026 to date.

Where does Ledn rank among its competitors?

Ledn ranks 1st amongst 4 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Ledn, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Ledn?

Ledn's top competitors include APX Lending, Macmonet and Qoda. Among them, Ledn secured the most recent funding round in November, 2025.

Ledn - 2026 Company Profile, Team, Funding & Competitors

Ledn is a series B company based in Toronto (Canada), founded in 2018 by Adam Reeds and Mauricio Di Bartolomeo. It operates as a Blockchain-based & crypto-backed lending platform. Ledn has raised $104M in funding from investors like Kingsway Capital, White Star Capital and 10T, with a current valuation of $*****. The company has 4 active competitors, including 2 that are funded. Its top competitors include companies like APX Lending, Macmonet and Qoda.

Company Details

Ledn is a blockchain-based &crypto-backed lending platform. Offers loans secured by Bitcoin. Provides a segregated wallet address allowing for real-time proof of reserves on-chain. Allows users to repay the loan in Dollars and Bitcoin. Uses the Coindesk Bitcoin price index to determine loan-to-value ratios for Ledn loans.

Website: www.ledn.io/
Social
Email ID: *****@ledn.io

Key Metrics

Founded Year

2018

Location

Toronto, Canada

Stage

Series B

Total Funding

$104M in 7 rounds

Latest Funding Round

Series B, Nov 18, 2025, $*****

Post Money Valuation

$***** as on Dec 15, 2021

Investors

Kingsway Capital & 27 more

Ranked

1^st among 4 active competitors

Employee Count

75 as on Mar 31, 2026

Similar Companies

BlockFi & 302 more

View Ledn's full profile

Ledn has raised a total funding of $104M over 7 rounds. Its first funding round was on Sep 11, 2018. Its latest funding round was a Series B round on Nov 18, 2025 for $*****. 1 investor participated in its latest round. Ledn has 24 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Ledn:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 18, 2025	4345706	Series B	4979621	6900044	4029953	1374217
Aug 20, 2024	5314710	Conventional Debt	5216480	9415349	3488096	Sygnum
Dec 15, 2021	8090609	Series B	6653544	8323016	10T	GoldenTree & 13 more

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View details of Ledn's funding rounds and investors

The founders of Ledn are Adam Reeds and Mauricio Di Bartolomeo.

Here are the details of Ledn's key team members:

Adam Reeds: Co-Founder & CEO of Ledn.
Contact Info: 1 email address
Mauricio Di Bartolomeo: Co-Founder & CEO of Ledn.
Contact Info: 1 email address

View details of Ledn's Founder profiles and Board Members

Ledn's employee count trend

Ledn has 75 employees as of Mar 26. Here is Ledn's employee count trend over the years:

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Top competitors of Ledn include APX Lending, Macmonet and Qoda. Here is the list of Top 10 competitors of Ledn, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ledn 2018, Toronto (Canada), Series B	Blockchain-based & crypto-backed lending platform	$104M	FJ Labs, Global Founders Capital & 26 others	62/100
2nd	APX Lending 2023, Toronto (Canada), Seed	Digital platform offering cryptocurrency loans	-	BIGG Digital Assets, CHP	45/100
3rd	Macmonet 2019, Markham (Canada), Unfunded	Online P2P marketplace for crypto loans	-	-	24/100
4th	Qoda 2022, Moonbeam (Canada), Funding Raised	DeFi lending/borrowing protocol built on Moonbeam network	-	AK44 Venture	23/100
5th	MiltonFi 2021, Montreal (Canada), Deadpooled	Provider of crypto-based real estate financing solutions	-	-	17/100