Elliptic raise $60M to advance crypto analytics service

Elliptic raise $60M to advance crypto analytics service

Cryptocurrency risk management firm Elliptic have announced a $60 million Series C funding round led by Evolution Equity Partners and supported by a panoply of venture capital firms including SoftBank Vision Fund 2, as well as existing relations AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital and SBI Group, amongst others.

Elliptic’s history of funding charts a consistent increase, with their debut funding raise in 2016 totalling $5 million, while their second raise across late 2019 to early 2020 raising an additional $28 million.

Founded in 2013 and headquartered in London, Elliptic captures analytical data from the blockchain sector to provide anti money laundering and compliance services to fintech institutions, governmental and legislative groups and crypto organizations from financial crime, in addition to enhancing their tolerability to

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