When was RYSK founded?

RYSK was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is RYSK located?

RYSK is headquartered in London, United Kingdom.

Is RYSK a funded company?

RYSK is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 31, 2023.

When was the latest funding round of RYSK?

RYSK's latest funding was a $***** Seed round on Jan 31, 2023, with participation from 5 investors.

Where does RYSK rank among its competitors?

RYSK ranks 2nd amongst 23 active competitors, of which 11 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Chainge, which secured $13M in May, 2024.

Who are the top competitors of RYSK?

RYSK's top competitors include Chainge, Forward and Synquote. Among them, Chainge secured the most recent funding round in May, 2024.

RYSK - 2026 Company Profile, Team, Funding & Competitors

RYSK is a seed company based in London (United Kingdom), founded in 2021 by Dan Ugolini. It operates as a Platform providing products that will produce yield in all market conditions. RYSK has raised $1.4M in funding from Lemniscap. The company has 23 active competitors, including 11 that are funded. Its top competitors include companies like Chainge, Forward and Synquote.

Company Details

Platform providing products that will produce a yield in all market conditions. It offers a dynamic hedging vault that enables buying and selling crypto options using a fully decentralized and automated on-chain counterparty.

Website: app.rysk.finance/
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Key Metrics

Founded Year

2021

Location

London, United Kingdom

Stage

Seed

Total Funding

$1.4M in 1 round

Latest Funding Round

Seed, Jan 31, 2023, $*****

Investors

Lemniscap & 4 more

Ranked

2^nd among 23 active competitors

Similar Companies

Chainge & 25 more

View RYSK's full profile

RYSK has raised a total funding of $1.4M over 1 round. Its latest funding round was a Seed round on Jan 31, 2023 for $*****. 5 investors participated in its latest round. RYSK has 5 institutional investors.

Here is the list of recent funding rounds of RYSK:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 31, 2023	5055182	Seed	1729807	2519333	3884771	2675436

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View details of RYSK's funding rounds and investors

The founders of RYSK is Dan Ugolini.

Here are the details of RYSK's key team members:

Dan Ugolini: Co-Founder of RYSK.

View details of RYSK's Founder profiles and Board Members

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Top competitors of RYSK include Chainge, Forward and Synquote. Here is the list of Top 10 competitors of RYSK, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chainge 2020, Jinzhong (China), Series B	App-based platform for trading in cryptocurrency	$13M	Gem Dgital, Alpha Token Capital	49/100
2nd	RYSK 2021, London (United Kingdom), Seed	Platform providing products that will produce yield in all market conditions	$1.4M	Lemniscap, Ascensive Assets & 3 others	45/100
3rd	Forward 2021, Bangkok (Thailand), Seed	Decentralized platform for derivatives exchange, built on EVM-based chains	$5M	Beacon VC, Varys Capital & 4 others	40/100
4th	Synquote 2021, San Francisco (United States), Seed	Decentralized platform for crypto options markets	$2.8M	Initialized Capital, Coinbase & 3 others	40/100
5th	Thetanuts Finance 2021, Panama City (United States), Seed	Online platform offering cryptocurrency option strategies	$35M	Three Arrows Capital, Polychain & 7 others	39/100
6th	Etrading Software 2005, London (United Kingdom), Late Stage	Provider of financial services for investment industries	-	LDC	37/100
7th	Clear 2021, United States, Seed	Decentralized platform to create options, notes, perpetual futures, and NFT derivatives	$2.5M	Huobi, Foresight Group & 17 others	34/100
8th	Spin 2021, Finland, Seed	Operator of decentralized platform for spot, perpetual, and options trading	$3.75M	Lemniscap, GSR & 5 others	33/100
9th	Smilee 2022, Weymouth (United Kingdom), Seed	Decentralized options protocol for volatility trading	$2M	Dewhales, Outlier Ventures & 8 others	33/100
10th	Kibo Wealth Hub Arizona City (United States), Seed	Online platform offering crypto trading solutions	$1.5M	Huobi, Fenbushi Capital & 13 others	31/100