Xapo

About

Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault.

Palo Alto,California,United States
11 - 50
http://xapo.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $20M
Industries: Bitcoin,Financial Services
Founded date: Jan 1, 2012
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Xapo, Inc.

Xapo combines the convenience of an everyday bitcoin wallet with the security of a deep cold storage vault. They believe that bitcoin’s ultimate success will be based on trust – whether individuals trust the digital currency’s stability and whether they trust the industry’s security. That’s why they’ve assembled a team of financial services and security experts to build an entirely new bitcoin storage experience.

By offering two distinct products – an easy access wallet and a locked-down vault – they’re marrying the convenience bitcoin users want for everyday needs with the security they require for confident bitcoin saving. It’s the most secure, reliable, and the most convenient.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$40M

Xapo has raised a total of $40M in funding over 2 rounds. Their latest funding was raised on Jul 8, 2014 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 8, 2014	Series A	$20M	10	Greylock Index Ventures	—	Detail
Mar 13, 2014	Series A	$20M	7	Benchmark Fortress Investment Group	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

17

Xapo is funded by 17 investors. Greylock and Index Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Greylock	Yes	Series A
Index Ventures	Yes	Series A
Benchmark	Yes	Series A
Fortress Investment Group	Yes	Series A
Blockchain Capital	—	Series A
David Marcus	—	Series A
Emergence	—	Series A
Endeavor Catalyst	—	Series A
Jerry Yang	—	Series A
Max Levchin	—	Series A