Elliptic has publicized 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 current investors AlbionVC, Digital Currency Group, Wells Fargo Strategic Capital and SBI Group, amongst others.
Elliptic’s history of funding charts a consistent surge, with their debut funding raise in 2016 totaling to $5 million, while their second raise across late 2019 to early 2020 resulted in an additional $28 million.
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
According to the company’s announcement, two-thirds of all cryptocurrency volume traded worldwide occurs on exchanges that utilize Elliptic’s risk management and analytical data solutions.
