Unchained Capital
Austin, US · Founded 2016 · Delaware corporation · 4 known investors
Unchained provides bitcoin financial services including custody, loans, and wealth management built on collaborative custody structures. The platform serves bitcoin holders seeking to preserve, grow, and transfer wealth while maintaining ownership and control.
Founders & leadership
Unchained Capital was founded in 2016 by Joseph Kelly and Dhruv Bansal.
JK
Joseph KellyCo-founder
DB

MK
Michael KomaranskyNamed on SEC filing
ME
Mike ErwinNamed on SEC filing
Board
EG

Investors · 4
Funding
SEC filings, press & company announcements$36.3M disclosed across 4 rounds · 2018–2022
- $60MSeries BApr 2023 · 2 sources
Valor Equity Partners (lead), Ecliptic Capital, Highland Capital Partners, NYDIG, Trammell Venture Partners
Source ↗
▶$8.6MraisedJul 2022 · 6 investors · Other Banking and Financial ServicesRule 506(b)
▶$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
▶$19.2MraisedJun 2021 · 3 investors · Other Banking and Financial ServicesRule 506(b)
▶$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
▶$5.8MraisedMar 2021 · 19 investors · Other Banking and Financial ServicesRule 506(b)
▶$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
▶$2.7MraisedJun 2018 · 14 investors · Other Banking and Financial ServicesRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Unchained Capital do?
- Unchained provides bitcoin financial services including custody, loans, and wealth management built on collaborative custody structures. The platform serves bitcoin holders seeking to preserve, grow, and transfer wealth while maintaining ownership and control.
- Who founded Unchained Capital?
- Unchained Capital was founded by Joseph Kelly, Dhruv Bansal in 2016.
- Who are Unchained Capital's investors?
- Unchained Capital's investors include Starting Line, Trammell Venture Partners (TVP), Ecliptic Capital, NYDIG.
- How much funding has Unchained Capital raised?
- Unchained Capital has disclosed $36.3M raised across 4 rounds.
- Where is Unchained Capital headquartered?
- Unchained Capital is headquartered in Austin, US.
