Pye - About the company
Pye is a seed company based in Helsinki (Finland), founded in 2014 by Erik Ashdown. It operates as an Online platform for buying, selling, and trading through blockchain. Pye has raised $6.07M in funding from Coinbase and Variant Fund. The company has 111 active competitors, including 29 funded and 5 that have exited. Its top competitors include companies like Wintermute, Keyrock and Flowdesk.
Company Details
Online platform for buying, selling, and trading through blockchain. It is a platform offering a marketplace for buying and selling time-locked stake accounts on Solana, allowing validators to issue and manage stake accounts with custom terms.
- Website
- pye.fi
- Email ID
- *****@pye.fi
Key Metrics
Founded Year
2014
Location
Helsinki, Finland
Stage
Seed
Total Funding
$6.07M in 2 rounds
Latest Funding Round
Ranked
20th among 111 active competitors
Employee Count
4 as on Jul 31, 2026
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Pye's funding and investors
Pye has raised a total funding of $6.07M over 2 rounds. Its first funding round was on Mar 10, 2024. Its latest funding round was a Seed round on Dec 08, 2025 for $*****. 5 investors participated in its latest round. Pye has 5 institutional investors.
Here is the list of recent funding rounds of Pye:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 08, 2025 | 8251115 | Seed | 8693852 | 9728124 | 8007716 | 2012800 |
Mar 10, 2024 | 1966266 | Seed | 2074605 | 6871074 | 6547551 | 2478081 |
View details of Pye's funding rounds and investors
Pye's founders and board of directors
Founder? Claim ProfileThe founders of Pye is Erik Ashdown.
Here are the details of Pye's key team members:
- Erik Ashdown: Co-Founder of Pye. They are also an angel investor in 3 startups.
View details of Pye's Founder profiles and Board Members
Pye's employee count trend
Pye has 4 employees as of Jul 26. Here is Pye's employee count trend over the years:
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Pye's Competitors and alternates
Top competitors of Pye include Wintermute, Keyrock and Flowdesk. Here is the list of Top 10 competitors of Pye, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wintermute 2017, London (United Kingdom), Series C | Crypto-based algorithmic market maker for digital assets | $56.8M | 74/100 | |
2nd | Provider of crypto and finance trading services | $79.4M | 68/100 | ||
3rd | Crypto liquidity pool for digital assets marketplace | $122M | 65/100 | ||
4th | B2C2 2015, London (United Kingdom), Acquired | Cryptocurrency trading platform for crypto market makers | $30.4M | 65/100 | |
5th | Portofino Technologies 2021, London (United Kingdom), Series C | Platform providing financial infrastructure technology to power digital asset adoption | $50M | 56/100 | |
6th | Provider of liquidity solutions for digital assets, including market making | - | 51/100 | ||
7th | CoinAlpha 2017, Sunnyvale (United States), Series B | Crypto funds operating on blockchain | $19M | 48/100 | |
8th | Mellow 2021, Tortola (United Kingdom), Seed | Online platform providing liquidity management strategies and tools | $2.75M | 46/100 | |
9th | Kamino 2022, London (United Kingdom), Seed | Platform offering automated liquidity solution | $6.1M | 43/100 | |
10th | FinchTrade 2019, Zug (Switzerland), Unfunded | FinchTrade is a Swiss-based institutional digital asset and payments infrastructure provider | - | - | 43/100 |
20th | Online platform for buying, selling, and trading through blockchain | $6.07M | 35/100 |
Looking for more details on Pye's competitors? Click here to see the top ones
Pye's Investments and acquisitions
Pye has made no investments or acquisitions yet.
Reports related to Pye
Here is the latest report on Pye's sector:
News related to Pye
Media has covered Pye for a total of 2 events in the last 1 year, 1 of them has been about company updates.
•
Pye Finance Secures $5M Funding to Enhance Solana LiquidityBitcoin Ethereum News•Dec 09, 2025•Coinbase, Solana, Variant Fund, Pye and 3 others
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