/Companies

Unchained Capital

also invests · investor profile

Austin, US · Founded 2016 · 112 employees on LinkedIn · 18 known investors

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Unchained provides bitcoin financial services including loans and custody solutions built on collaborative custody structures. The company serves bitcoin holders seeking to preserve, grow, and transfer wealth while maintaining ownership and control.

Founders & leadership

Unchained Capital was founded in 2016 by Joe Kelly and Dhruv Bansal.

JKJoe Kelly
Joe KellyFounderJoe Kelly is founder of Unchained, which provides bitcoin financial services including loans and custody solutions. He has held entrepreneurial roles and worked on technology initiatives in big data and bitcoin over his career.
DBDhruv Bansal
Dhruv BansalFounderDhruv Bansal holds a PhD in statistical physics from UT Austin where he conducted research on networks and data systems. He co-founded Infochimps, a big data platform company acquired by CSC in 2013, and subsequently founded Unchained Capital in 2016 to develop financial services for bitcoin holders, including collateralized lending and custody solutions.
MK
Michael KomaranskyNamed on SEC filing
MEMike Erwin
Mike ErwinNamed on SEC filingFounder, General Partner, and Chief Investment Officer at Ecliptic Capital
JK
Joseph KellyFounder

Board

EGEzra Galston
Ezra GalstonBoard directorInvestor at Starting Line

Investors · 18

Starting Linelisted by Starting LineChicago · $750K – $2M

How we know: Starting Line's portfolio page · a partner's Signal profile · board seat on SEC Form D · funding news · press coverage · the VCSheet dataset · Not right? Tell us

G20 VenturesreportedCambridge · $2M – $5M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 2

AllianceGlobelink

Funding

SEC filings, press & company announcements

$96.3M disclosed across 5 of 6 rounds · 2018–2026

▶$8.6MraisedJul 2022 · 6 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph KellyExecutive Officer, Director
  • Richard GorelickDirector
  • Mike W. ErwinDirector
  • Tejas ShahDirector
  • Dhruv BansalDirector
Offering amount
$15M
Amount sold
$8.6M
First sale
Jul 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$19.2MraisedJun 2021 · 3 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph KellyExecutive Officer, Director
  • Mike W. ErwinDirector
  • Tejas ShahDirector
  • Dhruv BansalExecutive Officer, Director
  • Richard GorelickDirector
Offering amount
$25M
Amount sold
$19.2M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.8MraisedMar 2021 · 19 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Mike W. ErwinDirector
  • Richard GorelickDirector
  • Joseph KellyExecutive Officer, Director
  • Dhruv BansalExecutive Officer, Director
  • Ezra GalstonDirector
Offering amount
$6.3M
Amount sold
$5.8M
First sale
Feb 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.7MraisedJun 2018 · 14 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Ezra GalstonDirector
  • Michael KomaranskyDirector
  • Joseph KellyExecutive Officer, Director
  • Mike ErwinDirector
  • Dhruv BansalExecutive Officer, Director
Offering amount
$3M
Amount sold
$2.7M
First sale
May 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.

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Companies working in the same space as Unchained Capital.

In the news

Frequently asked questions

What does Unchained Capital do?
Unchained provides bitcoin financial services including loans and custody solutions built on collaborative custody structures. The company serves bitcoin holders seeking to preserve, grow, and transfer wealth while maintaining ownership and control.
Who founded Unchained Capital?
Unchained Capital was founded by Joe Kelly, Dhruv Bansal in 2016.
Who are Unchained Capital's investors?
Unchained Capital's investors include Kube VC, Lightning Ventures, Starting Line, Ten31, Trammell Venture Partners (TVP), Valor Equity Partners, Visary Capital, Aptos Foundation and 8 more.
How much funding has Unchained Capital raised?
Unchained Capital has disclosed $96.3M raised across 5 of its 6 known rounds.
Where is Unchained Capital headquartered?
Unchained Capital is headquartered in Austin, US.