When was Wintermute founded?

Wintermute was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Wintermute located?

Wintermute is headquartered in London, United Kingdom. It is registered at BUKIT PASOH ROAD, Singapore, 89835.

Who is the current CEO of Wintermute?

Evgeny Gaevoy and Masaaki Hirano s of Wintermute. Evgeny Gaevoy has also founded 1 company.

How many employees does Wintermute have?

As of Aug 31, 2026, the latest employee count at Wintermute is 184.

Is Wintermute a funded company?

Wintermute is a funded company, having raised a total of $56.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 2020.

When was the latest funding round of Wintermute?

Wintermute's latest funding was a $***** Series C round on Jul 16, 2024, with participation from 1 investor. Its primary sector is Cryptocurrencies. In United Kingdom, the Cryptocurrencies sector has seen $252M in funding in 2026 to date.

Where does Wintermute rank among its competitors?

Wintermute ranks 1st amongst 129 active competitors, of which 31 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Keyrock, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Wintermute?

Wintermute's top competitors include Keyrock, Flowdesk and B2C2. Among them, Keyrock secured the most recent funding round in March, 2026.

Wintermute - 2026 Company Profile, Team, Funding & Competitors

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 129 active competitors, including 31 funded and 6 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/
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Registered Address: BUKIT PASOH ROAD, Singapore, 89835

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series C

Total Funding

$56.8M in 4 rounds

Latest Funding Round

Series C, Jul 16, 2024, $*****

Investors

Lightspeed Venture Partners & 13 more

Ranked

1^st among 129 active competitors

Employee Count

184 as on Aug 31, 2026

Investment & Acquisitions

Jeeves & 88 more

Similar Companies

Keyrock & 135 more

View Wintermute's full profile

Wintermute is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WINTERMUTE ASIA PTE. LTD. UEN: 202108542H , Singapore, Active	Mar 10, 2021	-	-

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:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 16, 2024	8607130	Series C	3990027	5079794	1182770	6111545
Jan 20, 2021	8923367	Series B	4964108	5406905	1919155	Pantera Capital & 7 more
Jun 2020	7625254	Series A	2012510	5502567	Lightspeed Venture Partners	9461043

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View details of Wintermute's funding rounds and investors

The 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 184 employees as of Aug 26. Here is Wintermute's employee count trend over the years:

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Top competitors of Wintermute include Keyrock, Flowdesk and B2C2. Here is the list of Top 10 competitors of Wintermute, ranked by Tracxn score:

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	Hack VC, F-Prime Capital & 12 others	74/100
2nd	Keyrock 2017, Brussels (Belgium), Series C	Provider of crypto and finance trading services	$79.4M	SIX, MiddleGame Ventures & 5 others	68/100
3rd	Flowdesk 2020, Paris (France), Series B	Crypto liquidity pool for digital assets marketplace	$122M	HV Capital, Aglae Ventures & 29 others	65/100
4th	B2C2 2015, London (United Kingdom), Acquired	Cryptocurrency trading platform for crypto market makers	$30.4M	Matzliach Capital	65/100
5th	Portofino Technologies 2021, London (United Kingdom), Series C	Platform providing financial infrastructure technology to power digital asset adoption	$50M	Global Founders Capital, Valar Ventures & 1 others	56/100
6th	CoinAlpha 2017, Sunnyvale (United States), Series B	Crypto funds operating on blockchain	$19M	Bain Capital Ventures, StartX & 3 others	48/100
7th	Keyrock 2017, Brussels (Belgium), Funding Raised	Provider of liquidity solutions for digital assets, including market making	-	Seeder Fund, Tenity	52/100
8th	Mellow 2021, Tortola (United Kingdom), Seed	Online platform providing liquidity management strategies and tools	$2.75M	ParaFi, Arrington Capital & 6 others	47/100
9th	FinchTrade 2019, Zug (Switzerland), Unfunded	FinchTrade is a Swiss-based institutional digital asset and payments infrastructure provider	-	-	44/100
10th	Saddle 2020, San Francisco (United States), Series A	Decentralized automated market maker for cryptocurrency	$11.8M	Electric Capital, Polychain & 5 others	42/100

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Wintermute has not made any acquisitions yet. Wintermute has made 89 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 29, 2026	Investments	Jeeves	2019	New York City (United States)
Aug 11, 2026	Investments	Silicon Data		New York City (United States)
Jul 14, 2026	Investments	Velocity	2025	London (United Kingdom)