Securrency - About the company
Securrency is an acquired company based in Washington, DC (United States), founded in 2015 by Ron Poe. It operates as a Compliance management solutions for the trading of digital assets. Securrency has raised $48.3M in funding from WisdomTree. The company has 140 active competitors, including 28 funded and 10 that have exited. Its top competitors include companies like Behavox, Concordium and Merkle Science.
Company Details
Securrency provides compliance management solutions for the trading of digital assets. It features “Securitization as a Service” through a platform to unlock latent asset value by converting income-earning potential tied to individual assets into highly-liquid exchangeable financial instruments. Users can further claim the capabilities for combining the investment-grade characteristics of a security (stability and yield) with the everyday utility of a currency (liquidity, transferability, and exchangeability).
- Website
- securrency.com
Key Metrics
Founded Year
2015
Location
Washington, DC, United States
Stage
Acquired
Total Funding
$48.3M in 5 rounds
Latest Funding Round
Investors
Ranked
11th among 140 active competitors
Employee Count
8 as on Dec 31, 2020
Similar Companies
Exit Details
Acquired by DTCC (Oct 19, 2023)
Legal entities associated with Securrency
Securrency is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Securrency, Inc. CIN: 47-5595639 , United States, Active | Nov 08, 2015 | - | 8 (As on Dec 31, 2020) | - |
Securrency's acquisition details
Click here to take a look at Securrency's acquisition in detail
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Securrency's funding and investors
Securrency has raised a total funding of $48.3M over 5 rounds. Its first funding round was on May 12, 2017. Its latest funding round was a Series B round on Mar 23, 2021 for $*****. 4 investors participated in its latest round. Securrency has 16 institutional investors.
Here is the list of recent funding rounds of Securrency:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2021 | 9763405 | Series B | 8984736 | 8526624 | 4200046 | 9168254 |
Jan 06, 2020 | 4507098 | Series A | 7304960 | 8072257 | 5006326 | |
Mar 08, 2018 | 8898111 | Conventional Debt | 7395015 | 2571259 | 7727221 | 8561845 |
View details of Securrency's funding rounds and investors
Securrency's founders and board of directors
Founder? Claim ProfileThe founders of Securrency is Ron Poe.
Here are the details of Securrency's key team members:
- Ron Poe: Co-Founder of Securrency.
View details of Securrency's Founder profiles and Board Members
Securrency's employee count trend
Securrency has 8 employees as of Dec 20. The total employee count is 60.0% more than what it was in Dec 19. Here is Securrency's employee count trend over the years:
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Securrency's Competitors and alternates
Top competitors of Securrency include Behavox, Concordium and Merkle Science. Here is the list of Top 10 competitors of Securrency, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Behavox 2014, London (United Kingdom), Series C | Provider of AI-driven platform for regulatory compliance and risk management | $343M | 72/100 | |
2nd | Concordium 2018, Cham (Switzerland), Series B | Layer-1 blockchain protocol focused on identity-first | $15M | 67/100 | |
3rd | Merkle Science 2018, Singapore (Singapore), Series B | Blockchain analytics platform for cryptocurrency risk and threat detection | $25.6M | 66/100 | |
4th | RedStone 2021, Baar (Switzerland), Series A | Provider of decentralised oracle network | $22.9M | 63/100 | |
5th | Lukka 2014, Cheshire (United Kingdom), Series E | Provider of enterprise data management SaaS for digital assets | $209M | 60/100 | |
6th | Eunice 2022, London (United Kingdom), Seed | AI-powered platform for digital asset compliance and due diligence | $8M | 59/100 | |
7th | Provider of AI-powered compliance solutions for financial services and fintechs | $22M | 59/100 | ||
8th | Notabene 2020, New York City (United States), Series B | Provider of crypto travel rule compliance and transaction authorization solutions | $26.6M | 57/100 | |
9th | Platform offering software for product compliance and risk management | $17M | 52/100 | ||
10th | SupraFin 2018, London (United Kingdom), Seed | Provider of risk and compliance intelligence for digital asset investments | $734K | 52/100 | |
11th | Securrency 2015, Washington, DC (United States), Acquired | Compliance management solutions for the trading of digital assets | $48.3M | 50/100 |
Looking for more details on Securrency's competitors? Click here to see the top ones
Securrency's Investments and acquisitions
Securrency has made no investments or acquisitions yet.
Reports related to Securrency
Here is the latest report on Securrency's sector:
News related to Securrency
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DTCC closes deal to buy Securrency amid TradFi-crypto integrationsCryptonews•Dec 12, 2023•DTCC, Securrency
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The Depository Trust & Clearing Corporation’s Acquisition of SecurrencyGlobal Legal Chronicle•Nov 06, 2023•DTCC, Securrency, JPMorgan Chase, Citi and 1 other
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State Street Appoints New Chief Executive Officer for State Street Bank International GmbHBusiness Wire•Jan 04, 2023•State Street, UBS, Securrency, WisdomTree and 1 other
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Securrency's New Patent for Ground-breaking Compliance Aware ...Financial IT•Nov 15, 2022•Securrency
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Securrency and Unqork Partner on Asset Tokenization SolutionCrowdfund Insider•Nov 11, 2022•Securrency, Unqork
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XDC Network to Integrate DeFi, Compliance Tech from SecurrencyCrowdfund Insider•Sep 13, 2022•Securrency, XinFin
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Securrency Capital Hires Neale Croutear-Foy and Chris Pugh in Executive RolesFinance Magnates•Aug 24, 2022•Securrency
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