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Merkle Science - About the company

Merkle Science is a series B company based in Singapore (Singapore), founded in 2018 by Mriganka Pattnaik and Nirmal Ak. It operates as a Blockchain analytics platform for cryptocurrency risk and threat detection. Merkle Science has raised $25.6M in funding from investors like Darrow Holdings, BECO Capital and SGInnovate. The company has 378 active competitors, including 117 funded and 24 that have exited. Its top competitors include companies like Ledger, Chainalysis and CertiK.

Company Details

Blockchain analytics platform for cryptocurrency risk and threat detection. It offers tools for identifying suspicious transactions and preventing fraud. It helps with compliance regarding regulations. The platform also provides forensic analysis of cryptocurrency transactions. It assists in tracking stolen funds and investigating illicit activities.
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Email ID
*****@merklescience.com
Registered Address
6 RAFFLES QUAY #11-07 SINGAPORE 048580
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Series B
Total Funding
$25.6M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
2.17M SGD as on Oct 31, 2022
Employee Count
58 as on Mar 31, 2026
Investment & Acquisitions
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Merkle Science's funding and investors

Merkle Science has raised a total funding of $25.6M over 3 rounds. Its first funding round was on May 14, 2019. Its latest funding round was a Series B round on Aug 05, 2022 for $*****. 16 investors participated in its latest round. Merkle Science has 35 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Merkle Science:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 05, 2022
1027924
Series B
8771628
5593541
8116678
4706395
Sep 29, 2021
1350339
Series A
6132323
6429272
1115521
May 14, 2019
1571953
Seed
8531813
6351547
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Merkle Science's founders and board of directors

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The founders of Merkle Science are Mriganka Pattnaik and Nirmal Ak. Mriganka Pattnaik is the CEO of Merkle Science.
Here are the details of Merkle Science's key team members:

Merkle Science's Board of Directors

Merkle Science's board has 3 active members. Mriganka Pattnaik and Nirmal Ak are part of team and Anthony Gravanis is independent board member.
Here is the list of Merkle Science's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 5m
Team
-
Current
7y 5m
Independent board member
-
Current
6y 7m

Merkle Science's employee count trend

Merkle Science has 58 employees as of Mar 26. Here is Merkle Science's employee count trend over the years:
Employee count trend for Merkle Science
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Merkle Science's Competitors and alternates

Top competitors of Merkle Science include Ledger, Chainalysis and CertiK. Here is the list of Top 10 competitors of Merkle Science, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ledger
Ledger
2014, Paris (France), Series C
Blockchain based hardware wallet for cryptocurrency
$575M
82/100
2nd
Logo for Chainalysis
Chainalysis
2014, New York City (United States), Series F
Blockchain data platform providing crypto insights
$538M
77/100
3rd
Logo for CertiK
CertiK
2017, New York City (United States), Series B
Provider of comprehensive blockchain security solutions, including smart contract audits, due diligence, and cyber threat monitoring
$296M
75/100
4th
Logo for SpiderOak
SpiderOak
2007, Northbrook (United States), Series C
Provider of zero-trust security solutions for data protection and access control
$35M
69/100
5th
Logo for MetaMask
MetaMask
2015, San Francisco (United States), Funding Raised
Developer of a platform for managing digital assets and blockchain interactions
-
69/100
6th
Logo for Elliptic
Elliptic
2014, London (United Kingdom), Series C
Provider of blockchain analytics and crypto compliance solutions for enterprises
$104M
69/100
7th
Logo for Casa
Casa
2016, Denver (United States), Series A
Platform offering self-custody solutions for cryptocurrency
$52.5M
69/100
8th
Logo for Solidus Labs
Solidus Labs
2017, New York City (United States), Series B
Digital asset trade surveillance solution
$83M
67/100
9th
Logo for Concordium
Concordium
2018, Cham (Switzerland), Series B
Provider of Layer 1 blockchain platform
$15M
67/100
10th
Logo for TRM Labs
TRM Labs
2018, San Francisco (United States), Series C
Provider of blockchain intelligence for detecting crypto-facilitated crime and compliance
$220M
67/100
13th
Logo for Merkle Science
Merkle Science
2018, Singapore (Singapore), Series B
Blockchain analytics platform for cryptocurrency risk and threat detection
$25.6M
64/100
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Merkle Science's Investments and acquisitions

Merkle Science has a total of 1 investment in Staging Labs. Merkle Science has not made any acquisitions as of now.

Reports related to Merkle Science

Here is the latest report on Merkle Science's sector:

News related to Merkle Science

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Media has covered Merkle Science for 1 event in last 1 year, It was about partnerships.
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