What is ShapeShift?
Founded in 2014 and maintaining a dual presence in Switzerland and Denver, Colorado, ShapeShift operates as a sophisticated blockchain technology firm. The company provides a robust digital marketplace that facilitates the seamless exchange of digital assets, positioning itself as a critical node in the broader crypto-economy. By offering a suite of crypto-centric products, ShapeShift addresses the growing demand for secure, efficient, and user-friendly interfaces for navigating the complexities of decentralized finance. Its market position is defined by its commitment to non-custodial trading, which aligns with the industry's shift toward user sovereignty and decentralized protocols.
How much funding has ShapeShift raised?
ShapeShift has raised a total of $12.8M across 3 funding rounds:
Angel/Seed
$792K
Debt
$1.6M
Series A
$10.4M
Angel/Seed (2015): $792K, investors not publicly disclosed
Debt (2015): $1.6M led by Digital Currency Group
Series A (2017): $10.4M supported by Earlybird Venture Capital, Blockchain Capital, Lakestar, Pantera Capital, Access Venture Partners, Digital Currency Group, and FundersClub
Key Investors in ShapeShift
Blockchain Capital
A pioneering venture firm dedicated to the blockchain ecosystem, providing founders with capital, domain expertise, and strategic partnerships to disrupt legacy financial models.
Digital Currency Group
A prominent holding company focused on accelerating the development of the digital currency industry through strategic investments and the operation of key infrastructure entities.
Lakestar
A European venture capital firm that partners with visionary entrepreneurs across sectors like Fintech and Deep Tech, supporting companies from seed through growth stages.
What's next for ShapeShift?
With the infusion of this latest capital, ShapeShift is well-positioned to accelerate its product development roadmap and expand its footprint in the competitive digital asset landscape. The strategic focus will likely center on enhancing platform liquidity, integrating advanced security features, and scaling its operational capacity to meet the demands of a global user base. As the company transitions into its next phase of growth, it will leverage its deep-rooted industry partnerships and institutional backing to navigate the evolving regulatory environment while continuing to innovate within the blockchain infrastructure sector.
See full ShapeShift company page
