Rio - About the company
Rio is a seed company based in Mexico City (Mexico), founded in 2022 by Ricardo V, Eudelio Garza and Javier Roberts. It operates as an API-based infrastructure for virtual asset management. Rio has raised $500K in funding from Y Combinator. The company has 1616 active competitors, including 268 funded and 49 that have exited. Its top competitors include companies like Consensys, Coins.ph and Luno.
Company Details
API-based infrastructure for virtual asset management. It offers on and off ramp API infrastructure for buying, selling, and trading cryptocurrencies. It users algorithms for searching cryptocurrencies with best rates.
- Website
- riotransfer.co
- Email ID
- *****@riocrypto.com
Key Metrics
Founded Year
2022
Location
Mexico City, Mexico
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
220th among 1616 active competitors
Employee Count
22 as on Mar 31, 2026
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Rio's funding and investors
Rio has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2022 for $*****. 1 investor participated in its latest round. Rio has 2 institutional investors.
Here is the list of recent funding rounds of Rio:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2022 | 9196 | Seed | 2574 | 5503 | 5428 | 2285 |
View details of Rio's funding rounds and investors
Rio's founders and board of directors
Founder? Claim ProfileHere are the details of Rio's key team members:
- Ricardo V: Co-Founder of Rio and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Eudelio Garza: Co-Founder of Rio and founder of 2 other companies, Rio and Rio. Contact Info: 2 email addresses
- Javier Roberts: Co-Founder of Rio and founder of 2 other companies, Rio and Rio. Contact Info: 2 email addresses
View details of Rio's Founder profiles and Board Members
Rio's employee count trend
Rio has 22 employees as of Mar 26. Here is Rio's employee count trend over the years:
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Rio's Competitors and alternates
Top competitors of Rio include Consensys, Coins.ph and Luno. Here is the list of Top 10 competitors of Rio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 81/100 | |
2nd | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 81/100 | |
3rd | Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 80/100 | |
4th | FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 79/100 | |
5th | BlockFi 2017, Jersey City (United States), Acquired | Online platform for trading, crypto-backed loans, interest accounts, and wallets | $466M | 78/100 | |
6th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 76/100 | |
7th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
8th | Fireblocks 2018, New York (United States), Series E | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | $1.04B | 74/100 | |
9th | River Financial 2019, San Francisco (United States), Series B | Blockchain focused investment firm | $70M | 74/100 | |
10th | Safe Ecosystem Foundation 2018, Zug (Switzerland), Series D | Decentralized custody protocol and asset management platform on Ethereum and the EVM | $112M | 73/100 | |
220th | API-based infrastructure for virtual asset management | $500K | 38/100 |
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Rio's Investments and acquisitions
Rio has made no investments or acquisitions yet.
Reports related to Rio
Here is the latest report on Rio's sector:
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