Wintermute - About the company
Wintermute is a series C company based in London (United Kingdom), founded in 2017 by Yoann Turpin, Evgeny Gaevoy and Masaaki Hirano. It operates as a Crypto-based algorithmic market maker for digital assets. Wintermute has raised $56.8M in funding from investors like Lightspeed Venture Partners, Blockchain Coinvestors and First Digital Labs. The company has 110 active competitors, including 29 funded and 5 that have exited. Its top competitors include companies like Keyrock, Flowdesk and B2C2.
Company Details
Crypto-based algorithmic market maker for digital assets. It also offers liquidity solutions. It features proprietary algorithms to provide for bids, offers, and exchange kiosks to make money. It also offers tools for managing security and risk assessment solutions for traders.
- Website
- www.wintermute.com/
- Registered Address
- EAN KIAM PLACE Pincode : 429115
Key Metrics
Founded Year
2017
Location
London, United Kingdom
Stage
Series C
Total Funding
$56.8M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 110 active competitors
Employee Count
176 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Wintermute
Wintermute is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WINTERMUTE ASIA PTE. LTD. CIN: 202108542H , Singapore, Active | Mar 09, 2021 | - | - |
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Wintermute's funding and investors
Wintermute has raised a total funding of $56.8M over 4 rounds. Its first funding round was on Jan 2020. Its latest funding round was a Series C round on Jul 16, 2024 for $*****. 1 investor participated in its latest round. Wintermute has 14 institutional investors.
Here is the list of recent funding rounds of Wintermute:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 16, 2024 | 8927570 | Series C | 7279892 | 3733546 | 6840260 | 4623854 |
Jan 20, 2021 | 3080442 | Series B | 5561884 | 9345890 | 9474130 | |
Jun 2020 | 1999330 | Series A | 7062691 | 7673562 | 6880776 |
View details of Wintermute's funding rounds and investors
Wintermute's founders and board of directors
Founder? Claim ProfileThe founders of Wintermute are Yoann Turpin, Evgeny Gaevoy and Masaaki Hirano. Masaaki Hirano and Evgeny Gaevoy are the CEOs of Wintermute.
Here are the details of Wintermute's key team members:
- Yoann Turpin: Co-Founder - BD & Ventures of Wintermute. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Evgeny Gaevoy: Founder & CEO of Wintermute and founder of 1 other company. Contact Info: 2 email addresses
- Masaaki Hirano: Founder &CEO of Wintermute. Contact Info: 1 email address
View details of Wintermute's Founder profiles and Board Members
Wintermute's employee count trend
Wintermute has 176 employees as of Jun 26. Here is Wintermute's employee count trend over the years:
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Wintermute's Competitors and alternates
Top competitors of Wintermute include Keyrock, Flowdesk and B2C2. Here is the list of Top 10 competitors of Wintermute, 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 |
Looking for more details on Wintermute's competitors? Click here to see the top ones
Wintermute's Investments and acquisitions
Wintermute has not made any acquisitions yet. Wintermute has made 88 investments.Here is the list of latest three $investments:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 11, 2026 | Investments | - | ||
Jul 14, 2026 | Investments | 2025 | London (United Kingdom) | |
Jun 04, 2026 | Investments | 2016 | San Francisco (United States) |
See all investments by Wintermute
Reports related to Wintermute
Here is the latest report on Wintermute's sector:
News related to Wintermute
Media has covered Wintermute for a total of 21 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.
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Wintermute Launches U.S. Broker-Dealer to Expand Regulated Institutional ReachPR Newswire•Aug 07, 2026•Wintermute
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Velocity Raises $38 Million Series A to Facilitate Stablecoin Payments for BusinessesDnyuz•Jul 14, 2026•Capital One Ventures, FirstMark, Wintermute, Coinbase and 6 others
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Velocity Raises $38 Million to Expand Stablecoin Treasury PlatformVentureburn•Jul 14, 2026•Capital One Ventures, QED Investors, Activant Capital, FirstMark and 5 others
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Morpho Raises $175M in FundingFinSMEs•Jun 09, 2026•Morpho, Paradigm, Andreessen Horowitz, Binance and 14 others
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Wintermute Expands Beyond Crypto Into Prediction Market TradingThe Crypto Times•May 29, 2026•Wintermute, Polymarket, Kalshi
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UnblockPay Raises $4.5M Seed Round Led by PreludeLatamList•Mar 30, 2026•UnblockPay, Wintermute, Signatureventures, Plug and Play Tech Center and 1 other
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