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1. TRACXN TOP BUSINESS MODELS REPORT
December 02, 2021
BLOCKCHAIN - INDUSTRY APPLICATIONS

2. Blockchain - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Blockchain - Industry Applications
Funding - Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Blockchain - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Funding in last
1 year
3
Blockchain in Financial Services $18.8B
Blockchain in Cybersecurity $351M
Blockchain in Supply Chain and
Logistics
$325M
Blockchain in Media and
Entertainment
$275M
Blockchain in Real Estate and
Construction
$237M
Blockchain in Retail $183M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
AU21 Capital
NGC
LD Capital
26
17
15
Early
Stage
Alameda Research
Coinbase
Andreessen Horowitz
20
19
18
Late
Stage
Andreessen Horowitz
Coatue
Tiger Global Management
8
8
7
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (40%)
United Kingdom (14%)
The Bahamas (7%)
France (6%)
Canada (5%)
Singapore (3%)
Luxembourg (3%)
Others (23%)
$ Funding # Rounds
FTX
(2018, The Bahamas)
$900M - Series B
Revolut
(2015, United Kingdom)
$800M - Series E
Celsius Network
(2017, United Kingdom)
$750M - Series B
Forte
(2016, United States)
$725M - Series B
Sorare
(2018, France)
$680M - Series B
MoonPay
(2019, United States)
$555M - Series A
Checkout
(2012, United Kingdom)
$450M - Series C
Circle
(2013, United States)
$440M - Series F
FTX
(2018, The Bahamas)
$421M - Series B
Gemini
(2015, United States)
$400M - Series A
Ledger
(2014, France)
$380M - Series C
BlockFi
(2017, United States)
$350M - Series D

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲1 Cryptocurrencies Based Financial Services $2.7B 61 Celsius Network | $750M | Series B Link
2▲5 Crypto Exchanges $2.4B 57 FTX | $900M | Series B Link
3▲2 Crypto Trading Platforms $2.0B 59 MoonPay | $555M | Series A Link
4▼3 Digital Native Banks $814M 14 N26 | $900M | Series E Link
5▼1 Business Payments Solutions $549M 51 Stripe | $600M | Series H Link
6▲65 Cryptocurrencies for Payments $449M 8 Masterworks | $110M | Series A Link
7▲21 P2P Cryptocurrency Based Money Transfer $441M 4 Circle | $440M | Series F Link
8▲11 Offline Crypto Wallet Devices $382M 2 Ledger | $380M | Series C Link
9-- Crypto Tax Filing Platforms $230M 3 TaxBit | $130M | Series B Link
10<> 0 Cryptocurrency Custodian Services $221M 12 Anchorage | $80.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼5 Financial Fraud $206M 23 Bolt | $393M | Series D Link
12-- Equity Crowdfunding Platforms $200M 10 Republic | $150M | Series B Link
13-- Internet First Residential Mortage Loans $200M 4 Figure | $200M | Series D Link
14-- Fundraising Platforms for Startups $200M 17 Pipe | $250M | Series C Link
15▼7 Crypto Mobile Wallets $136M 18 Cobo | $40.0M | Series B Link
16▲69 Cryptocurrency Mining Software Providers $129M 4 Helium | $111M | Series D Link
17▲25 Cryptocurrency Mining Hardware Providers $123M 12 Rhodium | $86.9M | Series C Link
18▼9 Crypto Banks $105M 8 Dicalet | $61.6M | Series C Link
19-- P2P OTT Video Content Delivery Network $100M 1 Theta Token | $100M | Series A Link
20▲13 Open Banking API Providers $94.1M 52 Solarisbank | $224M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21--
Islamic FinTech > Cryptocurrency > Crypto
Exchanges
$90.4M 3 Rain | $75.0M | Series B Link
22▼8 Online Business Payments $85.2M 64 Mollie | $800M | Series C Link
23▼5 KYC for Financial Institutions $83.6M 34 Socure | $450M | Series E Link
24-- Fitness Center Management Softwares $70.3M 8 Sport Alliance | $70.3M | Series C Link
25--
B2B E-Commerce > Technology Enablers >
Storefront
$61.5M 4 INXEPTION | $61.5M | Series D Link
26▼2 Collaaborative Logistics $60.0M 3 Slync | $60.0M | Series B Link
27▲60 Asset Tokenization Platforms $57.4M 11 Securitize | $48.0M | Series B Link
28▲28 Crypto Cloud Mining $55.9M 4 Core Scienti.. | $54.0M | Series C Link
29▲25 Crypto Portfolio Management $53.9M 21 Sommelier | $23.0M | Series A Link
30▼3 Softwares for Crypto Cold Wallets $51.0M 4 ZenGo | $20.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲5 Multi Factor Authentication (MFA) $50.3M 9 ID.me | $100M | Series C Link
32▼17 Account Receivables Invoicing Solutions $50.0M 28 PayStand | $50.0M | Series C Link
33-- Digital Art E-Commerce $45.2M 13 MakersPlace | $30.0M | Series A Link
34▼8 Open Banking Aggregation APIs $43.0M 27 Plaid | $425M | Series D Link
35-- Crypto Pool Mining $40.2M 17 Tokens.com | $25.0M | Series B Link
36▼25 Cryptocurrency Market Makers $39.8M 7 Wintermute | $20.0M | Series B Link
37▼6 IT Solutions for Crypto Exchanges $35.0M 2 XanPool | $27.0M | Series A Link
38<> 0 Stable Coins $34.1M 7 Celo | $20.0M | Series B Link
39▼10 Threat Intelligence Platforms $30.0M 14 ThreatBook | $76.9M | Series E Link
40▲8 Crypto Based Lending Platforms $28.5M 16 Yuanbao | $156M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▲11 Customer Identity Verification $20.5M 26 Persona | $150M | Series C Link
42-- Treasury Management $16.0M 13 Modern Treas.. | $85.0M | Series C Link
43▲4 Car Ride Hailing $15.0M 21 Bolt | $714M | Series E Link
44-- Data Privacy $14.9M 25 OneTrust | $300M | Series C Link
45<> 0 Cap Table Management $14.0M 14 Carta | $500M | Series G Link
46-- Oil and Gas Downhole Solutions $13.4M 1 Zyfra | $13.4M | Series B Link
47▼12 Open Banking APIs for Payments $13.0M 26 TrueLayer | $130M | Series E Link
48-- P2P Energy Trading Platforms $12.0M 2 LO3 Energy | $11.0M | Series B Link
49▼9 Crypto Based Online Business Payments $10.6M 8 Wyre | $5.8M | Series A Link
50▼30 Trade Management Software $10.5M 17 DriveWealth | $450M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Celsius Netw.. (2017, United Kingdom)
$750M - Series B - Oct 2021
Circle (2013, United States)
$440M - Series F - May 2021
BlockFi (2017, United States)
$350M - Series D - Mar 2021
Fireblocks (2018, United States)
$310M - Series D - Jul 2021
Blockchain.com (2011, Luxembourg)
$300M - Series C - Mar 2021
Fireblocks (2018, United States)
$133M - Series C - Mar 2021
Blockchain.com (2011, Luxembourg)
$120M - Series C - Feb 2021
View all 61 Funding Rounds on Tracxn Platform
Cryptocurrencies Based Financial
Services
01
9
Back to index
Cryptocurrencies (Gemini)
(# Cos: 16087 | $20.1B)
Financial Services (FTX)
(# Cos: 10949 | $15.3B)
Diversified (Coinbase)
(# Cos: 768 | $5.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.7B (▲400%)
61(▲144%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$5.2B
178
5
768
40
Coinbase
(2012, United States, $547M)
Celsius Network
(2017, United Kingdom, $780M)
Uphold
(2015, United Kingdom, $73.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Exchanges
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.4B (▲2619%)
57(▲119%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
44
$3.1B
281
-
3961
48
Cryptocurrencies (CoinSwitch)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (Gemini)
(# Cos: 8127 | $7.5B)
Crypto Exchanges (FTX)
(# Cos: 3961 | $3.1B)
FTX
(2018, The Bahamas, $1.3B)
CoinSwitch
(2017, India, $302M)
Bitso
(2014, Mexico, $331M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FTX (2018, The Bahamas)
$900M - Series B - Jul 2021
FTX (2018, The Bahamas)
$421M - Series B - Oct 2021
CoinSwitch (2017, India)
$260M - Series C - Oct 2021
Bitso (2014, Mexico)
$250M - Series C - May 2021
1inch (2020, United Kingdom)
$175M - Series B - Dec 2021
CoinDCX (2018, India)
$90.0M - Series C - Jun 2021
Korbit (2013, South Korea)
$75.2M - Series B - Nov 2021
View all 57 Funding Rounds on Tracxn Platform

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Trading Platforms
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.0B (▲1509%)
59(▲181%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$3.0B
189
1
1887
37
Cryptocurrencies (CoinSwitch)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (FTX)
(# Cos: 8127 | $7.5B)
Online Trading Platforms (Abra)
(# Cos: 2843 | $3.2B)
Regular Trading (Gemini)
(# Cos: 1887 | $3.0B)
Gemini
(2015, United States, $400M)
Abra
(2014, United States, $90.0M)
Voyager
(2018, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MoonPay (2019, United States)
$555M - Series A - Oct 2021
Gemini (2015, United States)
$400M - Series A - Nov 2021
Bitpanda (2014, Austria)
$263M - Series C - Aug 2021
FalconX (2018, Malta)
$210M - Series C - Aug 2021
Mercado Bitcoin (2013, Brazil)
$200M - Series B - Jul 2021
Bitpanda (2014, Austria)
$170M - Series B - Mar 2021
Coinsquare (2014, Canada)
$56.4M - Series C - Feb 2021
View all 59 Funding Rounds on Tracxn Platform

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Digital Native Banks
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$814M (▲10.9%)
14(▲7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$9.1B
31
3
94
12
Banking Tech (Fiserv)
(# Cos: 6272 | $51.9B)
Internet First Banks (Chime)
(# Cos: 1183 | $23.2B)
Digital Native Banks (Revolut)
(# Cos: 213 | $14.9B)
Diversified (Nubank)
(# Cos: 94 | $9.1B)
Nubank
(2013, Brazil, $2.3B)
Revolut
(2015, United Kingdom, $2.1B)
Starling Bank
(2014, United Kingdom, $852M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
N26 (2013, Germany)
$900M - Series E - Oct 2021
Revolut (2015, United Kingdom)
$800M - Series E - Jul 2021
Nubank (2013, Brazil)
$750M - Series G - Jun 2021
Nubank (2013, Brazil)
$400M - Series G - Jan 2021
Starling Bank (2014, United Kingdom)
$376M - Series D - Mar 2021
Bunq (2013, Netherlands)
$231M - Series A - Jun 2021
Starling Bank (2014, United Kingdom)
$69.2M - Series D - Apr 2021
View all 14 Funding Rounds on Tracxn Platform

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Stripe (2010, United States)
$600M - Series H - Mar 2021
SaltPay (2019, Portugal)
$500M - Series C - May 2021
Checkout (2012, United Kingdom)
$450M - Series C - Jan 2021
OPay (2018, Nigeria)
$400M - Series C - Aug 2021
EBANX (2012, Brazil)
$400M - Series C - Jun 2021
SaltPay (2019, Portugal)
$345M - Series C - Nov 2021
VNPAY (2007, Vietnam)
$250M - Series B - Aug 2021
View all 51 Funding Rounds on Tracxn Platform
Business Payments Solutions
05
13
Back to index
Payments (Grab)
(# Cos: 12543 | $121B)
Business Payments (PayPal)
(# Cos: 6874 | $32.1B)
Diversified (Square)
(# Cos: 888 | $9.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$549M (▲266%)
51(▲113%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
89
$9.3B
218
22
888
42
Square
(2009, United States, $520M)
Checkout
(2012, United Kingdom, $830M)
Flutterwave
(2016, United States, $239M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Masterworks (2017, United States)
$110M - Series A - Oct 2021
Bitcoin (2009, United Kingdom)
$100M - Series C - Dec 2020
MobileCoin (2018, United States)
$75.0M - Series B - Jul 2021
MobileCoin (2018, United States)
$66.0M - Series B - Aug 2021
Eco (2018, United States)
$60.0M - Series C - Jul 2021
Eco (2018, United States)
$26.0M - Series B - Mar 2021
MobileCoin (2018, United States)
$11.3M - Series B - Feb 2021
View all 8 Funding Rounds on Tracxn Platform
Cryptocurrencies for Payments
06
14
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Coins (TrustToken)
(# Cos: 1821 | $1.2B)
Payments (Dash)
(# Cos: 1093 | $573M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$449M (▲ >10K%)
8(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$573M
63
2
1093
8
Dash
(2014, United States, $16.2M)
MobileCoin
(2018, United States, $182M)
Beam
(2017, Israel)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
P2P Cryptocurrency Based Money
Transfer
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$441M (▲4171%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$704M
23
-
80
5
Remittance (Azimo)
(# Cos: 1844 | $9.2B)
Internet First Platforms (Payoneer)
(# Cos: 1488 | $7.5B)
P2P Remittance (Remitly)
(# Cos: 1043 | $5.1B)
Cryptocurrency (Circle)
(# Cos: 80 | $704M)
Circle
(2013, United States, $686M)
Wirex
(2014, United Kingdom, $7.2M)
Metal Pay
(2016, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Circle (2013, United States)
$440M - Series F - May 2021
Diamante Bloc.. (2018, United States)
$750K - Seed - Nov 2021
Diamante Bloc.. (2018, United States)
$233K - Seed - May 2021
Roxe Chain Founda.. (2019, Singapore)
Undisclosed - Seed - Apr 2021

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Offline Crypto Wallet Devices
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$382M (▲2124%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$533M
21
-
148
4
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Wallet (Luno)
(# Cos: 1284 | $1.1B)
Cold Wallets (ZenGo)
(# Cos: 456 | $661M)
Hardware (Ledger)
(# Cos: 148 | $533M)
Ledger
(2014, France, $466M)
Coolwallet
(2014, Taiwan, $13.5M)
Tangem
(2017, Switzerland, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ledger (2014, France)
$380M - Series C - Jun 2021
Foundation De.. (2020, United States)
$2.0M - Seed - Jun 2021

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Tax Filing Platforms
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$230M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$237M
4
-
28
1
Finance & Accounting Tech (Fiserv)
(# Cos: 11100 | $32.2B)
Tech-Enabled Services (H&R Block)
(# Cos: 1369 | $1.9B)
Tax Filing (Clear)
(# Cos: 669 | $1.2B)
Crypto Tax (TaxBit)
(# Cos: 28 | $237M)
TaxBit
(2017, United States, $237M)
Accointing
(2017, Switzerland)
CryptoTrader.Tax
(2018, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TaxBit (2017, United States)
$130M - Series B - Aug 2021
TaxBit (2017, United States)
$100M - Series A - Mar 2021
TaxBit (2017, United States)
Undisclosed - Seed - Jan 2021

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Cryptocurrency Custodian Services
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$221M (▲407%)
12(▲71.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$352M
35
1
71
12
Cryptocurrencies (Gemini)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (FTX)
(# Cos: 8127 | $7.5B)
Custodian Services (Anchorage)
(# Cos: 71 | $352M)
Anchorage
(2017, United States, $137M)
Finoa
(2018, Germany, $22.0M)
Metaco
(2014, Switzerland, $18.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anchorage (2017, United States)
$80.0M - Series C - Feb 2021
Copper (2018, United Kingdom)
$50.0M - Series B - May 2021
Komainu (2001, United States)
$25.0M - Series A - Mar 2021
Copper (2018, United Kingdom)
$25.0M - Series B - Jun 2021
Finoa (2018, Germany)
$22.0M - Series A - Apr 2021
Hex Trust (2018, China)
$10.0M - Series A - Oct 2021
Hex Trust (2018, China)
$6.0M - Series A - Mar 2021
View all 12 Funding Rounds on Tracxn Platform

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Bolt (2013, United States)
$393M - Series D - Oct 2021
Forter (2013, United States)
$300M - Series F - May 2021
Signifyd (2011, United States)
$205M - Series E - Apr 2021
Feedzai (2009, United Kingdom)
$200M - Series D - Mar 2021
Alloy (2015, United States)
$100M - Series C - Sep 2021
Chainalysis (2014, United States)
$100M - Series E - Jun 2021
Chainalysis (2014, United States)
$100M - Series D - Mar 2021
View all 23 Funding Rounds on Tracxn Platform
Financial Fraud
11
19
Back to index
Cybersecurity (Okta)
(# Cos: 14106 | $83.7B)
Anti Fraud (LifeLock)
(# Cos: 1009 | $8.2B)
Financial Fraud (Riskified)
(# Cos: 562 | $5.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$206M (▲82.4%)
23(▼30.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
69
$5.0B
209
8
562
50
Riskified
(2012, United States, $229M)
Alloy
(2015, United States, $156M)
Chainalysis
(2014, United States, $367M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Republic (2016, United States)
$150M - Series B - Oct 2021
Republic (2016, United States)
$45.2M - Series A - Mar 2021
FarmTogether (2018, United States)
$22.0M - Series A - Apr 2021
Crowdcube (2011, United Kingdom)
$13.5M - Series C - Nov 2021
Wefunder (2011, United States)
$6.3M - Series A - Mar 2021
Republic (2016, United States)
$5.0M - Series B - Nov 2021
FarmTogether (2018, United States)
$2.5M - Series A - Aug 2021
View all 10 Funding Rounds on Tracxn Platform
Equity Crowdfunding Platforms
12
20
Back to index
Crowdfunding (Patreon)
(# Cos: 4458 | $4.6B)
Equity (Seedrs)
(# Cos: 1243 | $1.9B)
Horizontal (Crowdcube)
(# Cos: 232 | $497M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$497M
61
1
232
8
Crowdcube
(2011, United Kingdom, $62.9M)
Republic
(2016, United States, $212M)
Wefunder
(2011, United States, $18.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Internet First Residential Mortage Loans
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$883M
17
-
82
5
Alternative Lending (Klarna)
(# Cos: 10868 | $77.7B)
Online Lenders (Affirm)
(# Cos: 7796 | $69.7B)
Mortgages (Landbay)
(# Cos: 709 | $4.4B)
Residential (Better Mortgage)
(# Cos: 392 | $3.3B)
Direct Lender (Figure)
(# Cos: 82 | $883M)
Figure
(2018, United States, $428M)
EHFL
(2017, India, $17.2M)
Athena
(2017, Australia, $200M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Figure (2018, United States)
$200M - Series D - May 2021
Athena (2017, Australia)
$90.0M - Series D - May 2021
EHFL (2017, India)
$15.0M - Series A - Jun 2021
Accept.inc (2019, United States)
$12.0M - Series B - Jun 2021

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Fundraising Platforms for Startups
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
17( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$892M
123
-
626
9
Investment Tech (SoFi)
(# Cos: 19264 | $55.5B)
Alternative Investment Platforms (Crowdcube)
(# Cos: 3071 | $5.8B)
Private Companies (Forge Global)
(# Cos: 836 | $1.5B)
Fundraising (Figure)
(# Cos: 626 | $892M)
Figure
(2018, United States, $428M)
LetsVenture
(2013, India, $670K)
Pipe
(2019, United States, $316M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pipe (2019, United States)
$250M - Series C - Mar 2021
Figure (2018, United States)
$200M - Series D - May 2021
Pipe (2019, United States)
$50.0M - Series B - Mar 2021
Hum Capital (2019, United States)
$21.0M - Series A - Nov 2021
Hum Capital (2019, United States)
$9.0M - Series A - Aug 2021
Requr (2021, Netherlands)
$5.9M - Series A - Aug 2021
Crush Capital (2020, United States)
$3.3M - Seed - Feb 2021
View all 17 Funding Rounds on Tracxn Platform

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Crypto Mobile Wallets
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$136M (▲102%)
18(▲38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$356M
74
1
508
11
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Wallet (ZenGo)
(# Cos: 1284 | $1.1B)
Hot Wallets (imToken)
(# Cos: 770 | $392M)
Mobile Wallets (Luno)
(# Cos: 508 | $356M)
Luno
(2013, United Kingdom, $13.0M)
imToken
(2016, Singapore, $40.0M)
BRD
(2015, Switzerland, $56.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cobo (2017, Cayman Islands)
$40.0M - Series B - Sep 2021
imToken (2016, Singapore)
$30.0M - Series B - Mar 2021
Valora (2020, Canada)
$20.0M - Series A - Jul 2021
Bottlepay (2015, United Kingdom)
$15.5M - Seed - Feb 2021
Conio (2015, United States)
$14.0M - Series B - Dec 2020
Coin98 (2016, Vietnam)
$11.3M - Series B - Jul 2021
Mercuryo (2018, Estonia)
$7.5M - Series A - Jun 2021
View all 18 Funding Rounds on Tracxn Platform

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Helium (2006, United States)
$111M - Series D - Aug 2021
Zhipu Huazhang (2018, China)
$15.5M - Series A - Sep 2021
Satoshi Energy (2018, United States)
$2.4M - Seed - Oct 2021
Elite Mining (2017, United States)
$109K - Series A - May 2021
Cryptocurrency Mining Software
Providers
16
24
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Mining (Bitmain)
(# Cos: 1989 | $2.1B)
Software (Helium)
(# Cos: 143 | $257M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$129M (▲ >10K%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$257M
16
4
143
3
Helium
(2006, United States, $170M)
Hut 8 Mining
(2011, Canada)
Electroneum
(2017, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Rhodium (2021, United States)
$86.9M - Series C - Oct 2021
Blockware Min.. (2019, United States)
$25.0M - Series B - Jun 2021
Gryphon Digit.. (2020, United States)
$14.0M - Series A - Mar 2021
ePIC Blockchain (2017, Canada)
$7.5M - Series A - Apr 2021
Gryphon Digit.. (2020, United States)
$6.7M - Series A - Jun 2021
CCM (2021, United States)
$2.5M - Seed - Jun 2021
Arthur Mining (2019, United States)
$2.0M - Seed - Sep 2021
View all 12 Funding Rounds on Tracxn Platform
Cryptocurrency Mining Hardware
Providers
17
25
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Mining (Helium)
(# Cos: 1989 | $2.1B)
Hardware (Bitmain)
(# Cos: 227 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$123M (▲1876%)
12(▲1100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.4B
40
8
227
9
Bitmain
(2013, China, $950M)
Bitfury
(2012, United States, $181M)
Spondoolies Tech
(2013, Israel, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Dicalet (2018, Japan)
$61.6M - Series C - Mar 2021
SEBA Bank (2018, Switzerland)
$22.6M - Series B - Dec 2020
Nuri (2013, Germany)
$10.7M - Series B - Jun 2021
The Luxury B.. (2018, United Kingdom)
$10.0M - Series A - Oct 2021
Ziglu (2018, United Kingdom)
$7.1M - Series A - Oct 2021
Ziglu (2018, United Kingdom)
$1.4M - Seed - Sep 2021
Ziglu (2018, United Kingdom)
$1.2M - Seed - Mar 2021
View all 8 Funding Rounds on Tracxn Platform
Crypto Banks
18
26
Back to index
Cryptocurrencies (FTX)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Banking (Ziglu)
(# Cos: 203 | $349M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$105M (▲97.1%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$349M
34
-
203
8
Ziglu
(2018, United Kingdom, $28.5M)
Nexo
(2017, Switzerland)
SEBA Bank
(2018, Switzerland, $126M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
P2P OTT Video Content Delivery
Network
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$227M
20
-
35
3
OTT Video (Netflix)
(# Cos: 4741 | $25.2B)
Video Distribution (Streamlabs)
(# Cos: 490 | $1.9B)
Content Delivery Network (Gracenote)
(# Cos: 129 | $518M)
Peer2Peer (Theta Token)
(# Cos: 35 | $227M)
Theta Token
(2017, United States, $100M)
Peer5
(2011, Israel, $4.0M)
StreamRoot
(2013, United States, $8.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Theta Token (2017, United States)
$100M - Series A - Mar 2021

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Solarisbank (2016, Germany)
$224M - Series D - Jul 2021
Tink (2012, Sweden)
$103M - Series D - Dec 2020
Railsbank (2015, United Kingdom)
$70.0M - Series C - Jul 2021
Prime Trust (2004, United States)
$64.0M - Series A - Jul 2021
Unit (2019, United States)
$51.0M - Series B - Jun 2021
Yapily (2017, United Kingdom)
$51.0M - Series B - Jul 2021
QI Tech (2018, Brazil)
$50.0M - Series A - Nov 2021
View all 52 Funding Rounds on Tracxn Platform
Open Banking API Providers
20
28
Back to index
Banking Tech (Nubank)
(# Cos: 6272 | $51.9B)
Open Banking (Plaid)
(# Cos: 484 | $5.2B)
Banking APIs (Tink)
(# Cos: 240 | $2.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$94.1M (▲948%)
52(▲10.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$2.9B
103
-
240
38
Tink
(2012, Sweden, $359M)
Cashfree
(2015, India, $42.0M)
Cross River Bank
(2008, United States, $228M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Rain (2016, Bahrain)
$75.0M - Series B - Nov 2021
Rain (2016, Bahrain)
$9.4M - Series A - Dec 2020
Rain (2016, Bahrain)
$6.0M - Series A - Jan 2021
Islamic FinTech > Cryptocurrency >
Crypto Exchanges
21
29
Back to index
Islamic FinTech (Wealthsimple)
(# Cos: 145 | $1.6B)
Cryptocurrency (OneGram)
(# Cos: 5 | $92.9M)
Crypto Exchanges (Rain)
(# Cos: 3 | $92.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.4M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$92.9M
1
-
3
1
Rain
(2016, Bahrain, $92.9M)
Adab Solutions
(2017, United Arab Emi..)
FICE
(2018, United Arab Emi..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Mollie (2004, Netherlands)
$800M - Series C - Jun 2021
Bolt (2013, United States)
$393M - Series D - Oct 2021
Rapyd (2016, United States)
$300M - Series E - Aug 2021
Rapyd (2016, United States)
$300M - Series D - Jan 2021
Airwallex (2015, Australia)
$200M - Series E - Sep 2021
Voyager Innovat.. (2013, Philippines)
$167M - Series E - Jun 2021
Razorpay (2014, India)
$160M - Series E - Apr 2021
View all 65 Funding Rounds on Tracxn Platform
Online Business Payments
22
30
Back to index
Payments (Grab)
(# Cos: 12543 | $121B)
Business Payments (Square)
(# Cos: 6874 | $32.1B)
Online Payments (PayPal)
(# Cos: 2564 | $8.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$85.2M (▲293%)
64(▲23.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
199
$8.2B
484
23
2564
67
PayPal
(1998, United States, $190M)
Razorpay
(2014, India, $367M)
Payoneer
(2005, United States, $269M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
KYC for Financial Institutions
23
31
Back to index
RegTech (Riskified)
(# Cos: 2464 | $14.7B)
KYC (Onfido)
(# Cos: 669 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.6M (▲377%)
34(▼15%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
53
$3.7B
223
9
669
48
Onfido
(2012, United Kingdom, $242M)
IDnow
(2014, Germany, $40.0M)
Jumio
(2010, United States, $196M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Socure (2012, United States)
$450M - Series E - Nov 2021
Trulioo (2011, Canada)
$394M - Series D - Jun 2021
Advance (2015, China)
$200M - Series D - Sep 2021
Jumio (2010, United States)
$150M - Series D - Mar 2021
Unico (2007, Brazil)
$121M - Series C - Aug 2021
TYME (2012, South Africa)
$110M - Series B - Feb 2021
Socure (2012, United States)
$100M - Series D - Mar 2021
View all 34 Funding Rounds on Tracxn Platform

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Fitness Center Management Softwares
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.3M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$418M
76
1
731
5
Fitness & Wellness Tech (Peloton)
(# Cos: 15652 | $16.5B)
Tools for Fitness Professionals (Glofox)
(# Cos: 1516 | $532M)
Fitness Centers (Virtuagym)
(# Cos: 1077 | $518M)
Suite (Mindbody)
(# Cos: 731 | $418M)
Mindbody
(2001, United States, $113M)
Virtuagym
(2008, Netherlands, $10.3M)
Glofox
(2014, Ireland, $23.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sport Alliance (2014, Germany)
$70.3M - Series C - Aug 2021
Lenus eHealth (2016, Denmark)
$61.0M - Series A - May 2021
Talent Hack (2015, United States)
$17.0M - Series A - Nov 2021
Talent Hack (2015, United States)
$4.7M - Seed - Jan 2021
Framework (2020, United States)
$3.0M - Seed - Jun 2021
Care Line Live (2014, United Kingdom)
$1.7M - Series A - Apr 2021
Approach (2019)
$1.5M - Seed - Oct 2021
View all 8 Funding Rounds on Tracxn Platform

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
INXEPTION (2017, United States)
$61.5M - Series D - May 2021
Centra eCommerce (2008, Sweden)
$11.2M - Series B - Nov 2021
Violet (2015, United States)
$10.0M - Series A - Oct 2021
Violet (2015, United States)
$3.0M - Seed - May 2021
B2B E-Commerce > Technology Enablers
> Storefront
25
33
Back to index
B2B E-Commerce (udaan)
(# Cos: 5988 | $34.8B)
Technology Enablers (Tradeshift)
(# Cos: 812 | $4.8B)
Storefront (Drync)
(# Cos: 113 | $269M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$61.5M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$269M
42
-
113
4
Drync
(2008, United States, $5.2M)
INXEPTION
(2017, United States, $61.5M)
Systum
(2015, United States, $18.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Collaaborative Logistics
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M (▲331%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$195M
6
-
26
3
Logistics Tech (Grab)
(# Cos: 17774 | $80.5B)
Freight (Samsara)
(# Cos: 9221 | $23.3B)
Multimodal (Flexport)
(# Cos: 2115 | $5.8B)
Technology Enablers (FourKites)
(# Cos: 1620 | $3.1B)
Collaborative Logistics (Slync)
(# Cos: 26 | $195M)
Slync
(2017, United States, $74.8M)
Turvo
(2014, United States, $100M)
Veratrak
(2017, United Kingdom, $1.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Slync (2017, United States)
$60.0M - Series B - Feb 2021
DIGILOGIC (2020, Belgium)
$2.3M - Seed - Mar 2021
Wenda (2015, Italy)
$697K - Seed - Jan 2021

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Securitize (2017, United States)
$48.0M - Series B - Jun 2021
Finpeak (2018, United States)
$8.2M - Series A - Jun 2021
Neufund (2016, Germany)
$4.8M - Series A - Dec 2020
Trovio (2017, Australia)
$4.8M - Series B - Feb 2021
Rialto (2016, United States)
$3.1M - Series A - Jul 2021
DealBox (2017, United States)
$1.5M - Seed - Dec 2020
Fraxtor (2017, Singapore)
$1.3M - Seed - Nov 2021
View all 11 Funding Rounds on Tracxn Platform
Asset Tokenization Platforms
27
35
Back to index
Investment Tech (SoFi)
(# Cos: 19264 | $55.5B)
Alternative Investment Platforms (Crowdcube)
(# Cos: 3071 | $5.8B)
Asset Tokenization Platforms
(Securitize)
(# Cos: 134 | $175M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$57.4M (▲ >10K%)
11(▲267%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$175M
45
-
134
6
Securitize
(2017, United States, $74.8M)
Polymath
(2017, Canada)
Rialto
(2016, United States, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Core Scientific (2017, United States)
$54.0M - Series C - Jul 2021
DMEX (2013, United Kingdom)
$1.0M - Seed - Feb 2021
HASHWATT (2018, United States)
$875K - Seed - Apr 2021
BitFuFu (2020, China)
Undisclosed - Seed - Apr 2021
Crypto Cloud Mining
28
36
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Mining (Bitmain)
(# Cos: 1989 | $2.1B)
Cloud Mining (DMG)
(# Cos: 1210 | $171M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.9M (▲2049%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$171M
42
5
1210
1
DMG
(2016, Canada, $172K)
Bitfarms
(2017, Canada)
Marathon
(2010, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Crypto Portfolio Management
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$53.9M (▲1696%)
21(▲425%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$165M
58
-
361
9
Cryptocurrencies (Gemini)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (FTX)
(# Cos: 8127 | $7.5B)
Trading Enablers (Zerion)
(# Cos: 528 | $421M)
Portfolio Management (Blockfolio)
(# Cos: 361 | $165M)
Blockfolio
(2014, United States, $14.7M)
Zerion
(2016, United States, $10.2M)
Blockpit
(2017, Austria, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sommelier (2020, United States)
$23.0M - Series A - Oct 2021
Zapper (2020, United States)
$17.2M - Series A - May 2021
TokenSets (2017, United States)
$14.0M - Series A - May 2021
InstaDApp (2018, India)
$10.0M - Series A - Jun 2021
Blockpit (2017, Austria)
$10.0M - Series A - Jul 2021
Zerion (2016, United States)
$8.2M - Series A - Jul 2021
Cryptocurrenc.. (2017, United States)
$8.0M - Series A - May 2021
View all 21 Funding Rounds on Tracxn Platform

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Softwares for Crypto Cold Wallets
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.0M (▲309%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$128M
40
-
287
6
Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Wallet (Luno)
(# Cos: 1284 | $1.1B)
Cold Wallets (Ledger)
(# Cos: 456 | $661M)
Software (ZenGo)
(# Cos: 287 | $128M)
ZenGo
(2017, Israel, $28.0M)
Xapo
(2012, United States, $40.0M)
Edge App
(2014, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ZenGo (2017, Israel)
$20.0M - Series A - Apr 2021
Bitski (2008, United States)
$19.0M - Series A - May 2021
MathWallet (2018, Singapore)
$12.0M - Series B - Dec 2020
Ethereum Push Notific.. (2020, India)
$750K - Seed - Dec 2020

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
ID.me (2010, United States)
$100M - Series C - Mar 2021
HYPR (2014, United States)
$35.0M - Series C - Apr 2021
IDEMIA (2007, France)
$12.8M - Series A - May 2021
Q5id (2018, United States)
$10.0M - Series B - Oct 2021
Loqr (2015, Portugal)
$9.5M - Series A - Jun 2021
Q5id (2018, United States)
$5.3M - Series A - Jan 2021
Hanko (2015, Germany)
Undisclosed - Seed - Dec 2020
View all 9 Funding Rounds on Tracxn Platform
Multi Factor Authentication (MFA)
31
39
Back to index
Cybersecurity (CloudFlare)
(# Cos: 14106 | $83.7B)
IAM (Ping Identity)
(# Cos: 2805 | $10.5B)
MFA (Okta)
(# Cos: 188 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.3M (▲581%)
9(▼18.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.3B
78
6
188
15
Okta
(2009, United States, $229M)
Ping Identity
(2002, United States, $136M)
Duo
(2010, United States, $119M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Account Receivables Invoicing Solutions
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M (▲137%)
28(▲55.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
45
$1.4B
151
2
1631
25
Finance & Accounting Tech (FLEETCOR)
(# Cos: 11100 | $32.2B)
Accounting Solutions (Fiserv)
(# Cos: 7438 | $20.8B)
Quote to Cash (Model N)
(# Cos: 2375 | $4.8B)
Account Receivables (Taulia)
(# Cos: 1958 | $2.6B)
Invoicing (Billtrust)
(# Cos: 1631 | $1.4B)
Billtrust
(2001, United States, $105M)
Paymentus
(2004, United States, $23.6M)
Transactis
(2001, United States, $61.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PayStand (2013, United States)
$50.0M - Series C - Jul 2021
Billogram (2011, Sweden)
$45.0M - Series B - Sep 2021
FloBiz (2019, India)
$31.0M - Series B - Sep 2021
MarginEdge (2015, United States)
$23.2M - Series B - Sep 2021
Upflow (2017, France)
$15.0M - Series A - Jun 2021
Axle Payments (2017, United States)
$10.0M - Series A - May 2021
Comma (2019, United Kingdom)
$6.0M - Seed - Aug 2021
View all 28 Funding Rounds on Tracxn Platform

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Digital Art E-Commerce
33
41
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Art E-Commerce (Catawiki)
(# Cos: 879 | $1.5B)
Digital Art (MakersPlace)
(# Cos: 84 | $120M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$45.2M ( -- )
13( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$120M
26
-
84
5
MakersPlace
(2012, United States, $32.0M)
Meural
(2014, United States, $8.2M)
Rarible
(2019, United States, $15.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MakersPlace (2012, United States)
$30.0M - Series A - Aug 2021
Rarible (2019, United States)
$14.2M - Series A - Jun 2021
Mintable (2018, Singapore)
$13.0M - Series A - Jul 2021
Nifty's (2021, United States)
$10.0M - Seed - Jul 2021
SuperRare (2018, United States)
$9.0M - Series A - Mar 2021
Curio (2017, United States)
$7.0M - Seed - Mar 2021
Paras (2019, Indonesia)
$5.0M - Seed - Nov 2021
View all 13 Funding Rounds on Tracxn Platform

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Plaid (2013, United States)
$425M - Series D - Mar 2021
TrueLayer (2016, United Kingdom)
$130M - Series E - Sep 2021
TrueLayer (2016, United Kingdom)
$70.0M - Series D - Apr 2021
Orum (2019, United States)
$56.0M - Series B - Jun 2021
Belvo (2019, Spain)
$43.0M - Series A - Jun 2021
Flinks (2016, Canada)
$23.7M - Series B - Aug 2021
Orum (2019, United States)
$21.0M - Series A - Apr 2021
View all 27 Funding Rounds on Tracxn Platform
Open Banking Aggregation APIs
34
42
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Banking Tech (Nubank)
(# Cos: 6272 | $51.9B)
Open Banking (Tink)
(# Cos: 484 | $5.2B)
Aggregation APIs (Plaid)
(# Cos: 194 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$43.0M (▲224%)
27(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.5B
75
-
194
25
Plaid
(2013, United States, $734M)
TrueLayer
(2016, United Kingdom, $273M)
Finicity
(1999, United States, $80.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Tokens.com (2020, Canada)
$25.0M - Series B - Jan 2021
BitDeer (2013, China)
$12.0M - Series B - Apr 2021
Compute North (2017, United States)
$10.0M - Series A - Feb 2021
Titan (2018)
$6.0M - Series A - Nov 2021
Compute North (2017, United States)
$5.1M - Series A - Apr 2021
MonoX Protocol (2021, Singapore)
$5.0M - Series A - Sep 2021
Luxor (2017, United States)
$5.0M - Series A - Jun 2021
View all 17 Funding Rounds on Tracxn Platform
Crypto Pool Mining
35
43
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Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Mining (Bitmain)
(# Cos: 1989 | $2.1B)
Pool Mining (Staked)
(# Cos: 407 | $92.4M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$40.2M ( -- )
17( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$92.4M
53
2
407
6
Staked
(2018, United States, $4.5M)
ViaBTC
(2016, China, $2.9M)
Tokens.com
(2020, Canada, $25.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Cryptocurrency Market Makers
36
44
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$39.8M (▼1.9%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$82.7M
12
-
15
4
Cryptocurrencies (Gemini)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (FTX)
(# Cos: 8127 | $7.5B)
Crypto Market Makers (Kyber
Network)
(# Cos: 15 | $82.7M)
Kyber Network
(2017, Singapore)
Wintermute
(2008, United States, $22.8M)
ParaSwap
(2019, France, $5.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wintermute (2008, United States)
$20.0M - Series B - Jan 2021
Saddle (2020)
$7.5M - Series A - Nov 2021
Saddle (2020)
$4.3M - Seed - Jan 2021
ParaSwap (2019, France)
$3.0M - Seed - May 2021
Primitive (2020, United States)
$3.0M - Seed - Jun 2021
Convergence Finance (2021, China)
$2.0M - Seed - Feb 2021
Convergence Finance (2021, China)
Undisclosed - Seed - Mar 2021

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
IT Solutions for Crypto Exchanges
37
45
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.0M (▲254%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$98.5M
21
-
105
5
Cryptocurrencies (Gemini)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Investment Industry (FTX)
(# Cos: 8127 | $7.5B)
Trading Enablers (Blockfolio)
(# Cos: 528 | $421M)
Crypto Exchanges (Gem)
(# Cos: 105 | $98.5M)
Gem
(2013, United States, $10.4M)
Bitfinex
(2012, China)
Alt 5 Sigma
(2017, United States, $241K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
XanPool (2018, China)
$27.0M - Series A - Oct 2021
X-Margin (2019, United States)
$8.0M - Series A - Sep 2021

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Celo (2011, United States)
$20.0M - Series B - Feb 2021
TrustToken (2017, United States)
$12.5M - Series A - Aug 2021
StableCorp (2019, Canada)
$1.6M - Seed - Feb 2021
UPFI (2021, United Kingdom)
Undisclosed - Seed - Oct 2021
Celo (2011, United States)
Undisclosed - Series B - Apr 2021
Fei Protocol (2020, United States)
Undisclosed - Seed - Mar 2021
Frax (2019, Cayman Islands)
Undisclosed - Seed - Aug 2021
Stable Coins
38
46
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Cryptocurrencies (Coinbase)
(# Cos: 16087 | $20.1B)
Coins (Ripple)
(# Cos: 1821 | $1.2B)
Stable Coins (TrustToken)
(# Cos: 317 | $303M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$34.1M (▲416%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$303M
56
-
317
7
TrustToken
(2017, United States, $32.5M)
Celo
(2011, United States, $65.0M)
Basis
(2017, United States, $133M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
ThreatBook (2015, China)
$76.9M - Series E - Mar 2021
Cyware (2016, United States)
$30.0M - Series B - Mar 2021
ThreatQuotient (2013, United States)
$22.5M - Series C - Apr 2021
CybSafe (2015, United Kingdom)
$7.9M - Series A - Jan 2021
Prevailion (2017, United States)
$5.0M - Series A - Apr 2021
Cyble (2019, United States)
$4.0M - Seed - Apr 2021
EclecticIQ (2014, Netherlands)
$3.5M - Series C - Aug 2021
View all 14 Funding Rounds on Tracxn Platform
Threat Intelligence Platforms
39
47
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Cybersecurity (Okta)
(# Cos: 14106 | $83.7B)
Threat Intelligence (BitSight)
(# Cos: 325 | $2.6B)
Platform & Services (Recorded Future)
(# Cos: 187 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.0M (▲200%)
14(▲55.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$1.5B
71
1
187
20
Recorded Future
(2009, United States, $51.2M)
Flashpoint
(2010, United States, $49.0M)
LookingGlass
(2009, United States, $114M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Crypto Based Lending Platforms
40
48
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$28.5M (▲488%)
16(▲45.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$412M
50
-
178
14
Cryptocurrencies (FTX)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Lending (Aave)
(# Cos: 228 | $449M)
Consumer Loans (Compound)
(# Cos: 185 | $412M)
Personal Loans (Airfox)
(# Cos: 178 | $412M)
Airfox
(2016, United States, $58.1M)
Compound
(2017, United States, $41.3M)
Aave
(2017, Switzerland, $29.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanbao (2014, China)
$156M - Series C - May 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021
TrueFi (2017, United States)
$12.5M - Series B - Aug 2021
Notional (2020, United States)
$11.3M - Series A - Apr 2021
Yield (2020, United States)
$10.0M - Series A - Jun 2021
Euler (2020, United Kingdom)
$8.0M - Series A - Aug 2021
Liquity (2020, Switzerland)
$6.0M - Series A - Mar 2021
View all 16 Funding Rounds on Tracxn Platform

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Customer Identity Verification
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.5M (▲448%)
26(▼10.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$1.6B
119
1
298
32
Cybersecurity (CloudFlare)
(# Cos: 14106 | $83.7B)
IAM (Okta)
(# Cos: 2805 | $10.5B)
Customer IAM (IDnow)
(# Cos: 341 | $2.2B)
Customer Identity Verification
(Onfido)
(# Cos: 298 | $1.6B)
Onfido
(2012, United Kingdom, $242M)
IDnow
(2014, Germany, $40.0M)
Jumio
(2010, United States, $196M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Persona (2018, United States)
$150M - Series C - Sep 2021
Jumio (2010, United States)
$150M - Series D - Mar 2021
Veriff (2015, Estonia)
$69.0M - Series B - Apr 2021
Persona (2018, United States)
$50.0M - Series B - May 2021
Identiq (2018, Israel)
$47.0M - Series A - Mar 2021
Owl Technologies (2018, Canada)
$30.0M - Series B - Nov 2021
itsme (2007, Belgium)
$29.3M - Series B - Jul 2021
View all 26 Funding Rounds on Tracxn Platform

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Treasury Management
42
50
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.0M ( -- )
13( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$974M
51
3
161
8
Finance & Accounting Tech (FLEETCOR)
(# Cos: 11100 | $32.2B)
Accounting Solutions (Fiserv)
(# Cos: 7438 | $20.8B)
Record to Report (KhataBook)
(# Cos: 1555 | $3.7B)
Treasury Management (Modern
Treasury)
(# Cos: 161 | $974M)
Modern Treasury
(2018, United States, $133M)
SunGard
(1982, United States)
Reval
(1999, United States, $107M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Modern Treasury (2018, United States)
$85.0M - Series C - Oct 2021
Modern Treasury (2018, United States)
$38.0M - Series B - Jan 2021
Trovata (2016, United States)
$20.0M - Series A - Jan 2021
Finlync (2015, France)
$16.0M - Series B - May 2021
Flowcast (2015, United States)
$3.0M - Series A - Mar 2021
Parcel (2020, United States)
$2.5M - Seed - Sep 2021
Coinshift (2021, United States)
$2.5M - Seed - Sep 2021
View all 13 Funding Rounds on Tracxn Platform

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Car Ride Hailing
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.0M (▲200%)
21(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
51
$61.7B
246
7
2978
34
Road Transport Tech (Lime)
(# Cos: 15443 | $117B)
Ride Hailing (Gojek)
(# Cos: 4883 | $69.4B)
Cars (Ola)
(# Cos: 4629 | $64.2B)
Taxi (Lyft)
(# Cos: 4476 | $63.9B)
Intracity (Careem)
(# Cos: 3852 | $63.8B)
Aggregator (Grab)
(# Cos: 2978 | $61.7B)
Grab
(2012, Singapore, $10.4B)
Careem
(2012, United Arab Emi.., $772M)
Lyft
(2012, United States, $5.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bolt (2013, Estonia)
$714M - Series E - Aug 2021
Cao Cao Car (2015, China)
$589M - Series B - Aug 2021
Ola (2010, India)
$500M - Series J - Jul 2021
Grab (2012, Singapore)
$375M - Series H - Jul 2021
Didi (2012, China)
$300M - Series I - Jan 2021
Grab (2012, Singapore)
$300M - Series H - Jan 2021
Kakao Mobility (2017, South Korea)
$200M - Series C - Feb 2021
View all 21 Funding Rounds on Tracxn Platform

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
OneTrust (2016, United States)
$300M - Series C - Dec 2020
OneTrust (2016, United States)
$210M - Series C - Apr 2021
Huakong Qinghai Infor.. (2018, China)
$77.4M - Series B - Oct 2021
BigID (2016, United States)
$70.0M - Series D - Dec 2020
Skyflow (2019, United States)
$45.0M - Series B - Oct 2021
BigID (2016, United States)
$30.0M - Series D - Apr 2021
Anonos (2012, United States)
$21.4M - Series B - Mar 2021
View all 25 Funding Rounds on Tracxn Platform
Data Privacy
44
52
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Cybersecurity (Okta)
(# Cos: 14106 | $83.7B)
Data Security (Slack)
(# Cos: 3176 | $11.4B)
Data Privacy (BigID)
(# Cos: 302 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.9M ( -- )
25( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.0B
80
-
302
23
BigID
(2016, United States, $246M)
TrustArc
(1997, United States, $97.2M)
Privitar
(2015, United Kingdom, $174M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Cap Table Management
45
53
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.0M (▲169%)
14(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.3B
31
-
50
8
Finance & Accounting Tech (Fiserv)
(# Cos: 11100 | $32.2B)
Financial Planning & Analysis (Anaplan)
(# Cos: 1223 | $5.2B)
Equity Administration (Ledgy)
(# Cos: 90 | $1.3B)
Cap Table Management (Carta)
(# Cos: 50 | $1.3B)
Carta
(2012, United States, $1.2B)
Ledgy
(2017, Switzerland, $11.1M)
Qapita
(2019, Singapore, $21.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Carta (2012, United States)
$500M - Series G - Aug 2021
Qapita (2019, Singapore)
$15.0M - Series A - Oct 2021
Ledgy (2017, Switzerland)
$10.0M - Series A - Sep 2021
Globacap (2017, United Kingdom)
$9.0M - Series A - Feb 2021
Quotabook (2019, South Korea)
$5.0M - Series A - Aug 2021
Qapita (2019, Singapore)
$5.0M - Seed - Apr 2021
Vertalo (2017, United States)
$5.0M - Series A - May 2021
View all 14 Funding Rounds on Tracxn Platform

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
Oil and Gas Downhole Solutions
46
54
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$98.3M
18
4
40
2
Oil & Gas Tech (PDI Software)
(# Cos: 1675 | $6.0B)
Upstream (Urbint)
(# Cos: 876 | $3.6B)
Downhole (Nabors)
(# Cos: 346 | $1.3B)
Diversified (NCS Multistage)
(# Cos: 40 | $98.3M)
NCS Multistage
(2006, United States, $20.0M)
Getech
(1986, United Kingdom)
4Subsea
(2007, Norway)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zyfra (2017, Finland)
$13.4M - Series B - Jan 2021

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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Recent Funding Rounds
TrueLayer (2016, United Kingdom)
$130M - Series E - Sep 2021
TrueLayer (2016, United Kingdom)
$70.0M - Series D - Apr 2021
Orum (2019, United States)
$56.0M - Series B - Jun 2021
Yapily (2017, United Kingdom)
$51.0M - Series B - Jul 2021
Primer (2020, United Kingdom)
$50.0M - Series B - Oct 2021
Orum (2019, United States)
$21.0M - Series A - Apr 2021
Swan (2017, France)
$18.7M - Series A - Sep 2021
View all 26 Funding Rounds on Tracxn Platform
Open Banking APIs for Payments
47
55
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Payments (PayPal)
(# Cos: 12543 | $121B)
Enablers (Fiserv)
(# Cos: 1581 | $17.0B)
Open Banking APIs (TrueLayer)
(# Cos: 137 | $908M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.0M (▲68%)
26(▼3.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$908M
61
-
137
24
TrueLayer
(2016, United Kingdom, $273M)
Sila
(2017, United States, $20.7M)
Payveris
(2011, United States, $35.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
LO3 Energy (2015, United States)
$11.0M - Series B - Mar 2021
NAD Grid (2017, United States)
$1.0M - Seed - Mar 2021
P2P Energy Trading Platforms
48
56
Back to index
Smart Grid (Autogrid)
(# Cos: 2179 | $9.5B)
Energy Trading Platforms (Open Energy Market)
(# Cos: 79 | $132M)
P2P (LO3 Energy)
(# Cos: 53 | $56.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$56.9M
26
-
53
3
LO3 Energy
(2015, United States, $17.6M)
Vandebron
(2013, Netherlands, $2.2M)
Power Ledger
(2016, Australia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Crypto Based Online Business Payments
49
57
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.6M (▲68%)
8(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$151M
64
1
495
4
Cryptocurrencies (FTX)
(# Cos: 16087 | $20.1B)
Financial Services (Coinbase)
(# Cos: 10949 | $15.3B)
Payments (Terra)
(# Cos: 1055 | $588M)
Business Payments (GreenBox POS)
(# Cos: 726 | $223M)
Online Payments (Simplex)
(# Cos: 495 | $151M)
Simplex
(2014, Israel, $19.0M)
ACINQ
(2014, France, $10.0M)
CoinPayments
(2013, Canada, $100K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wyre (2013, United States)
$5.8M - Series A - Jan 2021
Public Mint (2018, United Kingdom)
$2.5M - Seed - Feb 2021
Moon Technolo.. (2018, United States)
$2.1M - Series A - Sep 2021
Mazzuma (2015, Ghana)
$125K - Seed - Nov 2021
CityPay (2020, Georgia)
$100K - Angel - Nov 2021
Suterusu (2019, Singapore)
Undisclosed - Seed - May 2021
UTRUST (2017, Switzerland)
Undisclosed - Seed - Apr 2021
View all 8 Funding Rounds on Tracxn Platform

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Recent Funding Rounds
Trade Management Software
50
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.5M (▼36.2%)
17(▲41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
38
$1.9B
87
7
281
18
Investment Tech (SoFi)
(# Cos: 19264 | $55.5B)
Capital Market IT (Vestmark)
(# Cos: 1122 | $5.4B)
Trade Management (Capitolis)
(# Cos: 1061 | $5.0B)
Suite (FIS)
(# Cos: 281 | $1.9B)
FIS
(1968, United States)
Capitolis
(2016, United States, $173M)
Vestmark
(2001, United States, $64.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DriveWealth (2012, United States)
$450M - Series D - Aug 2021
Enfusion (1997, United States)
$150M - Series D - Jan 2021
M-DAQ (2010, Singapore)
$148M - Series D - Aug 2021
Halo Investing (2015, United States)
$100M - Series C - Apr 2021
Capitolis (2016, United States)
$90.0M - Series C - Mar 2021
Genesis (2012, United Kingdom)
$45.0M - Series B - Mar 2021
FIA Tech (2007, United States)
$44.0M - Series C - Jun 2021
View all 17 Funding Rounds on Tracxn Platform

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