Fundraising Fox

CipherTrace

Menlo Park, US · Founded 2016 · Delaware corporation · 7 known investors

ciphertrace.com ↗

Founders & leadership

CipherTrace was founded in 2016 by David Jevans.

DJ
David JevansFounder

Board

AS
Aditya SinghBoard director
SR
Stephen RyanBoard director

Investors · 7

Acrew CapitalSan Francisco · $1M – $15M
Aspect VenturesPalo Alto
Neotribe VenturesMenlo Park · $250K – $2M
Owl Capitalvia Jennifer Fonstad · inferred
Third Point VenturesMenlo Park
Third PointreportedNew York
WestWave CapitalreportedRedwood City

Reported raises · per SEC filings

Form D private placements

$45.1M disclosed across 3 rounds · 2018–2021

▶$27.1MraisedJun 2021 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen RyanDirector
  • David JevansExecutive Officer, Director
  • Aditya SinghDirector
  • Mark KraynakDirector
  • Robert SchwartzDirector
Offering amount
$35.1M
Amount sold
$27.1M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedFeb 2019 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mark KraynakDirector
  • Aditya SinghDirector
  • Stephen RyanDirector
  • David JevansExecutive Officer, Director
Offering amount
$15M
Amount sold
$15M
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedApr 2018 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Aditya SinghDirector
  • David JevansExecutive Officer, Director
  • Stephen RyanDirector
Offering amount
$3M
Amount sold
$3M
Minimum investment
$25K
First sale
Mar 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase I2017$140.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Mastercard-owned CipherTrace tells clients it is shutting down key products | Fortunefortune.com · Mar 2024CipherTrace Closes $27.1M Series B Funding Led by Third Point Ventures - Coinspeakercoinspeaker.com · Jun 2021Daniel Loeb's Third Point Leads $27M Investment in Crypto Compliance Startup CipherTracecoindesk.com · Jun 2021CipherTrace Raises $15M in Funding - FinSMEsfinsmes.com · Feb 2019Blockchain Security Startup CipherTrace Emerges With $15M in Funding - SecurityWeeksecurityweek.com · Feb 2019CipherTrace Raises $15 Million to Boost Blockchain Analytics | Finance Magnatesfinancemagnates.com · Feb 2019

Frequently asked questions

Who founded CipherTrace?
CipherTrace was founded by David Jevans in 2016.
Who are CipherTrace's investors?
CipherTrace's investors include Acrew Capital, Aspect Ventures, Neotribe Ventures, Owl Capital, Third Point Ventures, Third Point, WestWave Capital.
How much funding has CipherTrace raised?
CipherTrace has disclosed $45.1M raised across 3 rounds.
Where is CipherTrace headquartered?
CipherTrace is headquartered in Menlo Park, US.