What is AlphaPoint?
Founded in 2013 and headquartered in New York, New York, AlphaPoint specializes in offering a robust digital currency exchange technology platform. The company's suite of services includes cryptocurrency and foreign exchange enterprise software licensing, alongside an asset integration system. AlphaPoint serves a global clientele, with operations extending to customers in the United States and India. Its core business revolves around providing the foundational technology for digital asset exchanges, positioning it as a key player in the evolving financial technology landscape.
How much funding has AlphaPoint raised?
AlphaPoint has raised a total of $26.3M across 7 funding rounds:
Unspecified
$1.4M
Other Financing Round
$1.5M
Other Financing Round
$50K
Series A
$15M
Private Equity
$5.6M
Debt
$1M
Debt
$1.8M
Unspecified (2014): $1.4M with participation from Robin Hood Ventures and Ben Franklin Technology Partners of Southeastern Pennsylvania
Other Financing Round (2014): $1.5M led by Ben Franklin Technology Partners of Southeastern Pennsylvania, Scott Becker, Robin Hood Ventures, and Blockchain Capital
Other Financing Round (2016): $50K supported by Social Starts
Series A (2018): $15M, investors not publicly disclosed
Private Equity (2020): $5.6M, investors not publicly disclosed
Debt (2020): $1M with participation from PPP
Debt (2021): $1.8M led by PPP
Key Investors in AlphaPoint
Ben Franklin Technology Partners of Southeastern Pennsylvania
Ben Franklin Technology Partners is a state-funded initiative that invests in and supports technology startups and established companies in Pennsylvania. They focus on commercializing new technologies and fostering economic growth through innovation.
Robin Hood Ventures
Robin Hood Ventures is an angel investment group based in Philadelphia that focuses on early-stage, high-growth startups. They provide capital and strategic guidance to entrepreneurs across various industries.
Blockchain Capital
Blockchain Capital is an early and active venture investor in the blockchain industry, providing capital and expertise to companies building on blockchain technology. They invest in both equity and crypto assets across multiple stages.
What's next for AlphaPoint?
The recent major strategic investment in AlphaPoint signals a pivotal moment for the exchange software technology company. This influx of capital, coupled with the company's established presence in both the US and India, suggests a strategic focus on scaling operations, enhancing its technological offerings, and potentially expanding into new markets. The enterprise-level funding context indicates AlphaPoint is likely in a growth or scaling phase, aiming to solidify its position against competitors and capitalize on the increasing adoption of digital assets and blockchain technology.
See full AlphaPoint company page
