What is AlphaPoint?
Founded in 2013 and headquartered in 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 both the United States and India, positioning itself as a key player in the infrastructure supporting digital asset trading.
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 Blockchain Capital, Scott Becker, Robin Hood Ventures, and Ben Franklin Technology Partners of Southeastern Pennsylvania
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
Social Starts
Social Starts is a venture capital partnership specializing in early-stage and Series A financing rounds. They employ a data-driven approach to invest in promising companies across various sectors, including e-commerce, employment platforms, digital brands, next-generation food, and education.
Blockchain Capital
Blockchain Capital, founded in 2013, is an early and active venture investor in the blockchain industry, financing over 110 companies and projects. They invest in both equity and crypto assets across multiple stages and pioneered the world's first tokenized investment fund.
Robin Hood Ventures
Robin Hood Ventures is a leading angel investment group based in Philadelphia, specializing in early-stage, high-growth startups. They provide capital and guidance to entrepreneurs across various industries, collaborating with venture capitalists and other angel investors.
What's next for AlphaPoint?
The substantial enterprise-level funding AlphaPoint has attracted indicates a strategic push towards scaling its operations and enhancing its technological offerings. This capital infusion is likely to fuel further innovation in its exchange software, potentially expanding its market reach and solidifying its position in the competitive digital asset landscape. The company's focus on enterprise solutions suggests a trajectory aimed at providing foundational technology for financial institutions engaging with digital currencies.
See full AlphaPoint company page
