Ntropy - About the company
Ntropy is a series A company based in New York (United States), founded in 2019 by Ilia Zintchenko. It operates as a Provider of financial data standardization and enrichment API. Ntropy has raised $14.2M in funding from QED Investors and Lakestar. The company has 80 active competitors, including 29 funded and 11 that have exited. Its top competitors include companies like MX, Plaid and Belvo.
Company Details
Provider of financial data standardization and enrichment API. This API enhances risk assessment by enriching financial data, leading to more accurate and efficient underwriting decisions. It processes data from various sources, regardless of origin, to provide standardized and contextualized transaction information with high accuracy. The API offers features such as entities identification, categorization, and recurrence analysis, enabling clients to gain a deeper understanding of financial transactions.
- Website
- www.ntropy.com/
- Social
Key Metrics
Founded Year
2019
Location
New York, United States
Stage
Series A
Total Funding
$14.2M in 2 rounds
Latest Funding Round
Investors
Ranked
29th among 80 active competitors
Employee Count
15 as on Aug 31, 2026
Legal entities associated with Ntropy
Ntropy is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NTROPY INC. CIN: 5254426 , United States, Active | Dec 06, 2012 | - | - | - |
NTROPY NETWORK, INC. CIN: FC035537 , United States, Active | Aug 08, 2018 | - | 3 (As on Dec 31, 2023) | - |
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Ntropy's funding and investors
Ntropy has raised a total funding of $14.2M over 2 rounds. Its first funding round was on Jul 20, 2021. Its latest funding round was a Series A round on Oct 12, 2022 for $*****. 3 investors participated in its latest round. Ntropy has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Ntropy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 12, 2022 | 5180655 | Series A | 4158480 | 2438802 | 9298384 | 2365237 |
Jul 20, 2021 | 3361180 | Seed | 2924440 | 1980179 |
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Ntropy's founders and board of directors
Founder? Claim ProfileThe founders of Ntropy is Ilia Zintchenko.
Here are the details of Ntropy's key team members:
- Ilia Zintchenko: Co-Founder and CEO of Ntropy. Contact Info: 1 email address
View details of Ntropy's Founder profiles and Board Members
Ntropy's employee count trend
Ntropy has 15 employees as of Aug 26. Here is Ntropy's employee count trend over the years:
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Ntropy's Competitors and alternates
Top competitors of Ntropy include MX, Plaid and Belvo. Here is the list of Top 10 competitors of Ntropy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MX 2010, Lehi (United States), Series C | Provider of data-driven analytics and open banking API for businesses | $610M | 69/100 | |
2nd | Plaid 2012, San Francisco (United States), Series E | Provider of a network for connecting financial accounts to applications | $1.32B | 69/100 | |
3rd | Developer of open banking API solutions | $74.3M | 69/100 | ||
4th |  Finicity 1999, Salt Lake City (United States), Acquired | Open banking aggregation API solutions | $80M | 63/100 | |
5th |  Heron Data 2020, London (United Kingdom), Series A | Open banking APIs for banks & financial institutions | $17.4M | 59/100 | |
6th |  Spade 2021, New York City (United States), Series B | Online platform for data API | $61.2M | 59/100 | |
7th |  Atto 2010, Edinburgh (United Kingdom), Acquired | Transaction data platform for businesses | $14.6M | 58/100 | |
8th |  Dispatch 2010, Miami (United States), Series A | Developer of automated data orchestration software for wealth management systems | $30.3M | 56/100 | |
9th | Bridge 2015, Chicago (United States), Acquired | Cloud-based API-infrastructure for financial data, advanced analytics, and investment management solutions | $4.62M | 54/100 | |
10th |  Rutter 2019, San Francisco (United States), Series A | API-based finance and accounting management platform | $28.5M | 54/100 | |
29th | Ntropy 2019, New York (United States), Series A | Provider of financial data standardization and enrichment API | $14.2M | 39/100 |
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Ntropy's Investments and acquisitions
Ntropy has made no investments or acquisitions yet.
Reports related to Ntropy
Here is the latest report on Ntropy's sector:
News related to Ntropy
•
Ntropy Partners with Yapily to Elevate Financial Data Standardization and Enrichment Across EuropeFintech Finance•Sep 05, 2023•Yapily, Ntropy
•
Ntropy Raises $11M in Series A FundingFinSMEs•Oct 12, 2022•Ntropy, January Ventures, QED Investors, Lakestar
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