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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.
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
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
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Rio's founders and board of directors

Founder? Claim Profile
The founders of Rio are Ricardo V, Eudelio Garza and Javier Roberts.
Here are the details of Rio's key team members:

Rio's employee count trend

Rio has 22 employees as of Mar 26. Here is Rio's employee count trend over the years:
Employee count trend for Rio
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Consensys
Consensys
2014, Fort Worth (United States), Series D
Developer of blockchain and web3 software platform
$725M
81/100
2nd
Logo for Coins.ph
Coins.ph
2014, Pasig (Philippines), Acquired
Digital wallet for Bitcoin assets
$40M
81/100
3rd
Logo for Luno
Luno
2013, London (United Kingdom), Acquired
App-based platform for crypto wallet and investments
$13M
80/100
4th
Logo for FalconX
FalconX
2018, San Francisco (United States), Series D
Online platform offering cryptocurrency trading and investment solutions for institutions
$430M
79/100
5th
Logo for BlockFi
BlockFi
2017, Jersey City (United States), Acquired
Online platform for trading, crypto-backed loans, interest accounts, and wallets
$466M
78/100
6th
Logo for Amber Group
Amber Group
2017, Singapore (Singapore), Series C
Provider of blockchain-based financial solutions
$628M
76/100
7th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
75/100
8th
Logo for Fireblocks
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
Logo for River Financial
River Financial
2019, San Francisco (United States), Series B
Blockchain focused investment firm
$70M
74/100
10th
Decentralized custody protocol and asset management platform on Ethereum and the EVM
$112M
73/100
220th
Logo for Rio
Rio
2022, Mexico City (Mexico), Seed
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:

FAQs about Rio

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