Young Platform - About the company
Young Platform is a series A company based in Turin (Italy), founded in 2018 by Daniele Rinaldi, Andrea Carollo, Andrea Ferrero, Samuele Raimondo and Marco Ciarmoli. It operates as an Exchange platform for cryptocurrencies. Young Platform has raised $26.2M in funding from investors like Azimut, United Ventures and Azimut Investments. The company has 1968 active competitors, including 188 funded and 66 that have exited. Its top competitors include companies like Binance, Blockchain and Uphold.
Company Details
Exchange platform for cryptocurrencies. It allows the user to buy, sell, and exchange crypto assets with fiat currency instantly. It supports a wide range of digital currencies including bitcoin, ethereum, litecoin, bitcoin cash, and more. It offers market analysis charts as reference to the user. The application is available on the Android and iOS platforms.
- Website
- youngplatform.com
- Email ID
- *****@youngplatform.com
Key Metrics
Founded Year
2018
Location
Turin, Italy
Stage
Series A
Total Funding
$26.2M in 7 rounds
Latest Funding Round
Ranked
149th among 1968 active competitors
Annual Revenue
€2.44M as on Dec 31, 2023
Employee Count
57 as on Apr 30, 2026
Legal entities associated with Young Platform
Young Platform is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Young Platform S.P.A. CIN: 11931440017 , Italy, Active | Jan 01, 2018 | $2.64M (As on Dec 31, 2023) | - | - |
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Young Platform's funding and investors
Young Platform has raised a total funding of $26.2M over 7 rounds. Its latest funding round was a Series A round on Sep 16, 2024 for $*****. 1 investor participated in its latest round. Young Platform has 11 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Young Platform:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2024 | 4326898 | Series A | 8659381 | 4129649 | 2290782 | 4761446 |
Jun 13, 2022 | 5951755 | Series A | 5211480 | 1429756 | 6357725 | |
Jun 22, 2021 | 9300348 | Series A | 4865022 | 2760569 |
View details of Young Platform's funding rounds and investors
Young Platform's founders and board of directors
Founder? Claim ProfileThe founders of Young Platform are Daniele Rinaldi, Andrea Carollo, Andrea Ferrero, Samuele Raimondo and Marco Ciarmoli. and Andrea Ferrero are the CEOs of Young Platform.
Here are the details of Young Platform's key team members:
- Daniele Rinaldi: Co-Founder of Young Platform. Contact Info: 1 email address
- Andrea Carollo: Co-Founder of Young Platform. Contact Info: 1 email address
- Andrea Ferrero: Co-Founder & Co-CEO of Young Platform. Contact Info: 1 email address
- Samuele Raimondo: Co-Founder & CTO of Young Platform. Contact Info: 1 email address
- Marco Ciarmoli: Co-Founder of Young Platform. Contact Info: 1 email address
View details of Young Platform's Founder profiles and Board Members
Young Platform's employee count trend
Young Platform has 57 employees as of Apr 26. Here is Young Platform's employee count trend over the years:
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Young Platform's Competitors and alternates
Top competitors of Young Platform include Binance, Blockchain and Uphold. Here is the list of Top 10 competitors of Young Platform, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 86/100 | |
2nd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 85/100 | |
3rd | Uphold 2013, London (United Kingdom), Series B | App-based wallet and exchange platform for cross-border money transfers | $73.4M | 82/100 | |
4th | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
5th | Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
6th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
9th | CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
10th | Bitstamp 2011, London (United Kingdom), Acquired | App-based platform for cryptocurrency exchange | $11.4M | 75/100 | |
149th | Young Platform 2018, Turin (Italy), Series A | Exchange platform for cryptocurrencies | $26.2M | 41/100 |
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Young Platform's Investments and acquisitions
Young Platform has made no investments or acquisitions yet.
Reports related to Young Platform
Here is the latest report on Young Platform's sector:
News related to Young Platform
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Young Platform receives an investment of 2.65 million euros from AzimutFinanza.com•Sep 16, 2024•Azimut Investments, Young Platform, Azimutyachts, Azimut and 1 other
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Musixmatch backer United Ventures targets €150mVCJ•Jul 25, 2023•United Ventures, Faceit, Young Platform, Moneyfarm and 1 other
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Young Platform launches the “Tax Report”: now it is easier to declare crypto-assetsYoung Platform•May 10, 2023•Young Platform
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Italian crypto exchange Young Platform cements French trading licenceTech.eu•Jan 04, 2023•Young Platform
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Young Platform raises €16 million from AzimutYoung Platform•Jun 13, 2022•Young Platform, Azimut Investments
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Seedrs Funded Crypto Exchange Young Raises More CapitalCrowdfund Insider•May 22, 2020•Young Platform
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Italian Crypto Exchange Young Platform Nears €800,000 During the Final Hours on SeedrsCrowdfund Insider•Aug 30, 2019•Young Platform, Seedrs
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