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TRACXN TOP BUSINESS MODELS REPORT
June 02, 2021
BLOCKCHAIN - INDUSTRY APPLICATIONS
Blockchain - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Blockchain - Industry Applications
Funding - Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2
Blockchain - Industry Applications - Top Business Models
Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Funding in last
1 year
3
Blockchain in Financial Services $6.7B
Blockchain in Media and
Entertainment
$204M
Blockchain in Supply Chain and
Logistics
$118M
Blockchain in Retail $87.0M
Blockchain in Energy $41.8M
Blockchain IoT $24.4M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
AU21 Capital
Alameda Research
NGC
12
10
10
Early
Stage
Pantera Capital
Coinbase
Galaxy Digital
15
10
9
Late
Stage
Ribbit Capital
Coatue
Tiger Global Management
4
4
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (51%)
United Kingdom (15%)
Luxembourg (7%)
Mexico (4%)
China (3%)
Austria (3%)
Israel (3%)
Others (13%)
$ Funding # Rounds
Checkout.com
(2012, United Kingdom)
$450M - Series C
Circle
(2013, United States)
$440M - Series F
SoFi
(2011, United States)
$370M - Series G
BlockFi
(2017, United States)
$350M - Series D
Paxos
(2013, United States)
$300M - Series D
Blockchain.com
(2011, Luxembourg)
$300M - Series C
Bitso
(2013, Mexico)
$250M - Series C
Figure
(2018, United States)
$200M - Series D
Bitpanda
(2014, Austria)
$170M - Series B
Yuanbao
(2014, China)
$156M - Series C
Checkout.com
(2012, United Kingdom)
$150M - Series B
Paxos
(2013, United States)
$142M - Series C
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲2 Cryptocurrencies Based Financial Services $1.6B 37 Circle | $440M | Series F Link
2-- Payment Card Issuer Processors $600M 17 Checkout.com | $450M | Series C Link
3▲7 Crypto Exchanges $510M 42 Bitso | $250M | Series C Link
4▲64 P2P Cryptocurrency Based Money Transfer $449M 5 Circle | $440M | Series F Link
5▲1 Crypto Trading Platforms $448M 36 Bitpanda | $170M | Series B Link
6▲16 Post Trade Clearing and Settlement $442M 2 Paxos | $300M | Series D Link
7▼6 Forex Trading Platforms $370M 4 SoFi | $370M | Series G Link
8▲3 Cryptocurrency Custodian Services $206M 10 Anchorage | $80.0M | Series C Link
9▼1 Internet First Residential Mortage Loans $200M 4 Better Mortgage | $500M | Series E Link
10▼3 Fundraising Platforms for Startups $200M 10 Pipe | $250M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11--
Alternative Lending > Online Lenders > Consumer
Loans > Asset Backed Loans > Diversified > Ma..
$156M 1 Yuanbao | $156M | Series C Link
12▲20 Cryptocurrencies for Payments $139M 5 Bitcoin | $100M | Series C Link
13▲20 Crypto Mobile Wallets $120M 16 imToken | $30.0M | Series B Link
14-- Internet First Crypto Backed Loans $103M 7 BabelFinance | $40.0M | Series A Link
15▲28 Crypto Tax Filing Platforms $100M 3 TaxBit | $100M | Series A Link
16-- Peer Assisted Video Content Delivery Network $100M 1 Theta Token | $100M | Series A Link
17▼5 Crypto Banks $93.3M 10 Dicalet | $61.6M | Series C Link
18▼16 Digital Native Banks $80.0M 10 Starling Bank | $376M | Series D Link
19▲31 Cryptocurrency Market Makers $72.7M 14 B2C2 | $30.0M | Series B Link
20▼6 Supply Chain Track & Trace $65.6M 8 Slync | $60.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21<> 0 Softwares for Crypto Cold Wallets $63.6M 8 ZenGo | $20.0M | Series A Link
22--
B2B E-Commerce > Technology Enablers >
Storefront
$61.5M 3 INXEPTION | $61.5M | Series D Link
23-- Equity Crowdfunding for Startups $49.9M 8 OurCrowd | $60.0M | Series C Link
24▼4 Asset Tokenization Platforms $44.8M 9 OpenSea | $23.0M | Series A Link
25▲6 Stable Coins $35.8M 8 Celo | $20.0M | Series B Link
26▲45 B2B Remittance $33.0M 14 Tipalti | $150M | Series E Link
27-- Crypto Pool Mining $27.1M 11 BitDeer | $12.0M | Series B Link
28▼3
Internet First Retail Banks with Partner Bank's
License
$23.2M 57 Chime | $534M | Series F Link
29▲27 Supply Chain Financing $21.0M 13 Taulia | $60.0M | Series F Link
30▲50 Cap Table Management $19.2M 13 Carta | $210M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲21 Crypto Payment Cards $19.0M 5 Card for Coin | $17.5M | Series A Link
32▲16 Crypto Portfolio Management $16.9M 7 TokenSets | $14.0M | Series A Link
33▲5 Cryptocurrency Mining Hardware Providers $16.6M 7 ePIC Blockchain | $7.5M | Series A Link
34-- Treasury Management $16.0M 6 Trovata | $20.0M | Series A Link
35▲19
Islamic FinTech > Cryptocurrency > Crypto
Exchanges
$15.4M 2 Rain | $9.4M | Series A Link
36▲3 IT Solutions for Crypto Exchanges $15.0M 1 0x | $15.0M | Series A Link
37▲44
Portfolio Management Solution for Wealth
Managers
$14.2M 19 Vise | $65.0M | Series C Link
38▲20 Crypto Based Lending Platforms $14.2M 16 Yuanbao | $156M | Series C Link
39-- Oil and Gas Downhole Solutions $13.4M 1 Zyfra | $13.4M | Series B Link
40--
Investment Tech > Online Trading Platforms > Forex
> Regular Trading > Brokers
$12.6M 3 Webull | $150M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼32 RegTech > KYC $12.6M 29 Jumio | $150M | Series D Link
42▲19 P2P Energy Trading Platforms $12.0M 3 LO3 Energy | $11.0M | Series B Link
43▼16 Trade Management Software $10.5M 16 Enfusion | $150M | Series D Link
44-- Edge Computing Development Platforms $10.3M 7 EDJX | $10.3M | Series A Link
45▲6
Renewable Energy Asset Portfolio Management
Software
$10.0M 4 VIA | $10.0M | Series A Link
46-- Health Insurance Comparison Platforms $10.0M 3 Decent | $10.0M | Series B Link
47▼30 Crypto Based Online Business Payments $8.7M 5 Limepay | $6.0M | Series A Link
48▲9 Accounts Receivables Payment Solutions $8.0M 7 Limepay | $6.0M | Series A Link
49▲6 Freight Software $7.0M 42 Outrider | $65.0M | Series B Link
50-- Property & Casualty Insurance Software Suite $6.4M 7 Duck Creek | $230M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Circle (2013, United States)
$440M - Series F - May 2021
BlockFi (2017, United States)
$350M - Series D - Mar 2021
Blockchain.com (2011, Luxembourg)
$300M - Series C - Mar 2021
Fireblocks (2018, United States)
$133M - Series C - Mar 2021
Blockchain.com (2011, Luxembourg)
$120M - Series C - Feb 2021
Blockchain.com (2011, Luxembourg)
$100M - Series C - Apr 2021
PolySign (2017, United States)
$53.1M - Series B - May 2021
View all 37 Funding Rounds on Tracxn Platform
Cryptocurrencies Based Financial
Services
01
9
Back to index
Cryptocurrencies (Brave)
(# Cos: 15430 | $11.3B)
Financial Services (Blockchain.com)
(# Cos: 10464 | $8.2B)
Diversified (Coinbase)
(# Cos: 673 | $3.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.6B (▲247%)
37(▲147%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$3.5B
128
4
673
26
Coinbase
(2012, United States, $547M)
Blockchain.com
(2011, Luxembourg, $590M)
Coins.ph
(2014, Philippines, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Checkout.com (2012, United Kingdom)
$450M - Series C - Jan 2021
PPRO (2006, United Kingdom)
$270M - Series D - Jan 2021
Checkout.com (2012, United Kingdom)
$150M - Series B - Jun 2020
Conductor (1997, Brazil)
$150M - Series D - Oct 2020
PPRO (2006, United Kingdom)
$50.0M - Series C - Aug 2020
CardInfoLink (2010, China)
$40.0M - Series C - Sep 2020
Conductor (1997, Brazil)
$20.0M - Series D - Dec 2020
View all 17 Funding Rounds on Tracxn Platform
Payment Card Issuer Processors
02
10
Back to index
Payments (PayPal)
(# Cos: 11883 | $105B)
Enablers (Fiserv)
(# Cos: 1541 | $16.2B)
Issuer Processor (Checkout.com)
(# Cos: 234 | $3.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$600M ( -- )
17( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
47
$3.3B
105
19
234
19
Checkout.com
(2012, United Kingdom, $830M)
Heartland Payment Syst..
(1997, United States, $40.0M)
Bancorp
(2000, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Exchanges
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$510M (▲488%)
42(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
42
$919M
244
-
3920
39
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Binance)
(# Cos: 7817 | $2.9B)
Crypto Exchanges (Huobi)
(# Cos: 3920 | $919M)
Huobi
(2013, China, $9.6M)
Binance
(2017, Malta)
Gemini
(2015, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bitso (2013, Mexico)
$250M - Series C - May 2021
Bitso (2013, Mexico)
$62.0M - Series B - Dec 2020
Mercado Bitcoin (2013, Brazil)
$37.6M - Series C - Jan 2021
CoinDCX (2017, India)
$13.9M - Series B - Dec 2020
BTCDirect (2013, Netherlands)
$12.9M - Series A - Oct 2020
1inch.exchange (2019, Germany)
$12.0M - Series A - Dec 2020
ACDX (2020, Seychelles)
$10.0M - Seed - Sep 2020
View all 42 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
P2P Cryptocurrency Based Money
Transfer
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$449M (▲ >10K%)
5(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$703M
22
-
74
5
Remittance (WorldRemit)
(# Cos: 1726 | $7.0B)
Internet First Platforms (Payoneer)
(# Cos: 1394 | $5.9B)
P2P Remittance (Remitly)
(# Cos: 980 | $4.3B)
Cryptocurrency (Circle)
(# Cos: 74 | $703M)
Circle
(2013, United States, $686M)
Wirex
(2014, United Kingdom, $7.2M)
Metal Pay
(2016, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Circle (2013, United States)
$440M - Series F - May 2021
Cashaa (2016, United Kingdom)
$5.0M - Series A - Sep 2020
Wirex (2014, United Kingdom)
$4.2M - Series A - Sep 2020
ZeFi (2020, United States)
$125K - Seed - Jul 2020
Roxe Chain Founda.. (2019, Singapore)
Undisclosed - Seed - Apr 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Trading Platforms
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$448M (▲305%)
36(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$1.1B
138
1
1768
29
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Huobi)
(# Cos: 7817 | $2.9B)
Online Trading Platforms (Kraken)
(# Cos: 2679 | $1.3B)
Regular Trading (Abra)
(# Cos: 1768 | $1.1B)
Abra
(2014, United States, $35.0M)
Kraken
(2011, United States, $19.0M)
CoinSwitch
(2017, India, $41.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bitpanda (2014, Austria)
$170M - Series B - Mar 2021
Coinsquare (2014, Canada)
$56.4M - Series C - Feb 2021
Bitpanda (2014, Austria)
$52.0M - Series A - Sep 2020
FalconX (2018, United States)
$50.0M - Series B - Mar 2021
CoinSwitch (2017, India)
$25.0M - Series B - Apr 2021
CoinSwitch (2017, India)
$15.0M - Series A - Jan 2021
Bitpanda (2014, Austria)
$12.0M - Series B - May 2021
View all 36 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Post Trade Clearing and Settlement
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$442M (▲1956%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$606M
10
1
30
5
Investment Tech (Robinhood)
(# Cos: 16157 | $46.9B)
Capital Market IT (Capitolis)
(# Cos: 1004 | $4.1B)
Trade Management (FIS)
(# Cos: 961 | $4.0B)
Trade Life Cycle Management (ION Group)
(# Cos: 161 | $1.1B)
Post Trade Solutions (Baton Systems)
(# Cos: 35 | $606M)
Clearing and Settlement (Paxos)
(# Cos: 30 | $606M)
Paxos
(2013, United States, $535M)
Baton Systems
(2016, United States, $28.3M)
Clear
(2017, Singapore, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Paxos (2013, United States)
$300M - Series D - Apr 2021
Paxos (2013, United States)
$142M - Series C - Dec 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Forex Trading Platforms
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$370M (▼31.4%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$3.6B
36
6
1710
3
Investment Tech (Fidelity Investments)
(# Cos: 16157 | $46.9B)
Online Trading Platforms (Robinhood)
(# Cos: 6761 | $20.7B)
Forex (Oanda)
(# Cos: 2155 | $3.7B)
Regular Trading (SoFi)
(# Cos: 1710 | $3.6B)
SoFi
(2011, United States, $3.0B)
Oanda
(1995, United States, $117M)
Edelweiss
(1995, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SoFi (2011, United States)
$370M - Series G - Jan 2021
Webull (2016, China)
$150M - Series C - Feb 2021
Injective Pro.. (2018, United States)
$10.0M - Series A - Apr 2021
Injective Pro.. (2018, United States)
$2.6M - Seed - Jul 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Cryptocurrency Custodian Services
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$206M (▲169%)
10(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$317M
30
1
64
9
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Huobi)
(# Cos: 7817 | $2.9B)
Custodian Services (Anchorage)
(# Cos: 64 | $317M)
Anchorage
(2017, United States, $137M)
Copper
(2018, United Kingdom, $70.9M)
Kingdom Trust
(2010, United States, $2.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Anchorage (2017, United States)
$80.0M - Series C - Feb 2021
Copper (2018, United Kingdom)
$50.0M - Series B - May 2021
Komainu (2001, United States)
$25.0M - Series A - Mar 2021
Finoa (2018, Germany)
$22.0M - Series A - Apr 2021
Metaco (2014, Switzerland)
$18.0M - Series A - Jul 2020
Hex Trust (2018, China)
$6.0M - Series A - Mar 2021
First Digital (2001, China)
$3.0M - Seed - Oct 2020
View all 10 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Internet First Residential Mortage Loans
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▲94.2%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.8B
17
-
44
4
Alternative Lending (Klarna)
(# Cos: 8623 | $64.3B)
Online Lenders (Affirm)
(# Cos: 6063 | $57.4B)
Mortgages (Landbay)
(# Cos: 449 | $3.8B)
Residential (Figure)
(# Cos: 196 | $2.6B)
Direct Lender (Better Mortgage)
(# Cos: 44 | $1.8B)
Better Mortgage
(2016, United States, $980M)
Figure
(2018, United States, $428M)
Athena
(2017, Australia, $200M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Better Mortgage (2016, United States)
$500M - Series E - Apr 2021
Better Mortgage (2016, United States)
$200M - Series D - Nov 2020
Figure (2018, United States)
$200M - Series D - May 2021
Athena (2017, Australia)
$90.0M - Series D - May 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Fundraising Platforms for Startups
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▲86%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$846M
101
-
496
7
Investment Tech (Robinhood)
(# Cos: 16157 | $46.9B)
Alternative Investment Platforms (Crowdcube)
(# Cos: 2476 | $4.2B)
Private Companies (Forge Global)
(# Cos: 652 | $1.4B)
Fundraising (Figure)
(# Cos: 496 | $846M)
Figure
(2018, United States, $428M)
Pipe
(2019, United States, $316M)
Clean Capital
(2015, United States, $3.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pipe (2019, United States)
$250M - Series C - Mar 2021
Figure (2018, United States)
$200M - Series D - May 2021
Pipe (2019, United States)
$50.0M - Series B - Mar 2021
Pipe (2019, United States)
$10.0M - Series A - Jun 2020
Capital (2019, United States)
$9.0M - Seed - Jun 2020
Opportunity Network (2014, Spain)
$1.1M - Seed - Jun 2020
Infinity Cir.. (2010, United Kingdom)
$440K - Seed - Apr 2021
View all 10 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Alternative Lending > Online Lenders > Consumer Loans >
Asset Backed Loans > Diversified > Marketplace > P2P
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$156M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$378M
14
1
31
1
Alternative Lending (Credit Karma)
(# Cos: 8623 | $64.3B)
Online Lenders (Klarna)
(# Cos: 6063 | $57.4B)
Consumer Loans (Affirm)
(# Cos: 3157 | $30.2B)
Asset Backed Loans (Rupeek)
(# Cos: 277 | $2.0B)
Diversified (Creditas)
(# Cos: 77 | $1.0B)
Marketplace (Weidai)
(# Cos: 43 | $393M)
P2P (Yuanbao)
(# Cos: 31 | $378M)
Yuanbao
(2014, China, $156M)
Weidai
(2011, China, $192M)
FundingSecure
(2012, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanbao (2014, China)
$156M - Series C - May 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Bitcoin (2009, United Kingdom)
$100M - Series C - Dec 2020
Eco (1998, United States)
$26.0M - Series B - Mar 2021
MobileCoin (2018, United States)
$11.3M - Series B - Feb 2021
Edge (2018, United Kingdom)
$1.5M - Seed - Nov 2020
Aspire (2015, United States)
$1.2M - Seed - Sep 2020
Cryptocurrencies for Payments
12
20
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Coins (Ripple)
(# Cos: 1789 | $880M)
Payments (Bitcoin)
(# Cos: 1097 | $267M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M (▲1606%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$267M
69
2
1097
7
Bitcoin
(2009, United Kingdom, $100M)
MobileCoin
(2018, United States, $41.4M)
Codex Protocol
(2017, United Kingdom, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Crypto Mobile Wallets
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$120M (▲1392%)
16(▲129%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$260M
59
1
476
9
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Wallet (ZenGo)
(# Cos: 1235 | $572M)
Hot Wallets (Luno)
(# Cos: 723 | $266M)
Mobile Wallets (imToken)
(# Cos: 476 | $260M)
imToken
(2016, Singapore, $40.0M)
Luno
(2013, United Kingdom, $13.0M)
Bitcoin
(2008, Saint Kitts And..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
imToken (2016, Singapore)
$30.0M - Series B - Mar 2021
Curv (2018, United States)
$23.0M - Series A - Jul 2020
Change Invest (2016, Estonia)
$17.2M - Series B - Nov 2020
Bottlepay (2015, United Kingdom)
$15.5M - Seed - Feb 2021
Conio (2015, United States)
$14.0M - Series B - Dec 2020
Kirobo (2018, Israel)
$5.0M - Series A - May 2021
Wirex (2014, United Kingdom)
$4.2M - Series A - Sep 2020
View all 16 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Internet First Crypto Backed Loans
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$103M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$108M
23
-
110
3
Alternative Lending (Credit Karma)
(# Cos: 8623 | $64.3B)
Online Lenders (Klarna)
(# Cos: 6063 | $57.4B)
Consumer Loans (Affirm)
(# Cos: 3157 | $30.2B)
Asset Backed Loans (Rupeek)
(# Cos: 277 | $2.0B)
Crypto Backed (Airfox)
(# Cos: 114 | $167M)
Direct Lender (Celsius Network)
(# Cos: 110 | $108M)
Celsius Network
(2017, United Kingdom, $30.0M)
BabelFinance
(2018, China, $40.0M)
Cred
(2017, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BabelFinance (2018, China)
$40.0M - Series A - May 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021
Celsius Netw.. (2017, United Kingdom)
$20.0M - Series B - Jun 2020
Celsius Netw.. (2017, United Kingdom)
$10.0M - Series B - Jun 2020
Ledn (2018, Canada)
$2.7M - Seed - Feb 2021
Draw Bridge L.. (2018, United States)
$150K - Seed - Jun 2020
Celsius Netw.. (2017, United Kingdom)
Undisclosed - Series B - Aug 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Crypto Tax Filing Platforms
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M (▲1900%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$107M
4
-
26
1
Finance & Accounting Tech (Bill.com)
(# Cos: 8734 | $24.9B)
Tech-Enabled Services (Cleartax)
(# Cos: 992 | $1.5B)
Tax Filing (H&R Block)
(# Cos: 520 | $953M)
Crypto Tax (TaxBit)
(# Cos: 26 | $107M)
TaxBit
(2017, United States, $107M)
Accointing
(2017, Switzerland)
Bitcoin.Tax
(2013, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TaxBit (2017, United States)
$100M - Series A - Mar 2021
TaxBit (2017, United States)
Undisclosed - Seed - Jan 2021
Computis (2019, United States)
Undisclosed - Seed - Oct 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Peer Assisted Video Content Delivery
Network
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$187M
18
-
31
3
OTT Video (Netflix)
(# Cos: 4469 | $25.1B)
Video Distribution (Streamlabs)
(# Cos: 453 | $1.9B)
Content Delivery Network (Gracenote)
(# Cos: 116 | $524M)
Peer2Peer (Theta Token)
(# Cos: 31 | $187M)
Theta Token
(2017, United States, $100M)
StreamRoot
(2013, United States, $8.2M)
Teltoo
(2015, Spain, $50.0K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Theta Token (2017, United States)
$100M - Series A - Mar 2021
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Recent Funding Rounds
Dicalet (2018, Japan)
$61.6M - Series C - Mar 2021
SEBA (2018, Switzerland)
$22.6M - Series B - Dec 2020
Ziglu (2018, United Kingdom)
$8.3M - Seed - Dec 2020
Ziglu (2018, United Kingdom)
$6.5M - Seed - Jun 2020
Cashaa (2016, United Kingdom)
$5.0M - Series A - Sep 2020
Ziglu (2018, United Kingdom)
$3.9M - Seed - Aug 2020
Multis (2018, United States)
$2.2M - Seed - Sep 2020
View all 10 Funding Rounds on Tracxn Platform
Crypto Banks
17
25
Back to index
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Banking (Nexo)
(# Cos: 195 | $282M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$93.3M (▲56.4%)
10(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$282M
28
-
195
6
Nexo
(2017, Switzerland)
SEBA
(2018, Switzerland, $126M)
Ziglu
(2018, United Kingdom, $19.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Digital Native Banks
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M (▼84%)
10(▼9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$5.4B
24
2
81
8
Banking Tech (Ally)
(# Cos: 5339 | $38.6B)
Internet First Banks (Monzo)
(# Cos: 972 | $16.2B)
Digital Native Banks (Nubank)
(# Cos: 185 | $10.1B)
Diversified (Revolut)
(# Cos: 81 | $5.4B)
Revolut
(2015, United Kingdom, $1.0B)
Monzo
(2015, United Kingdom, $646M)
Starling Bank
(2014, United Kingdom, $803M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Starling Bank (2014, United Kingdom)
$376M - Series D - Mar 2021
Monzo (2015, United Kingdom)
$80.3M - Series G - Dec 2020
Revolut (2015, United Kingdom)
$80.0M - Series D - Jun 2020
Monzo (2015, United Kingdom)
$75.3M - Series F - Jun 2020
Starling Bank (2014, United Kingdom)
$69.2M - Series D - Apr 2021
Monzo (2015, United Kingdom)
$68.7M - Series G - Feb 2021
Atom Bank (2014, United Kingdom)
$55.0M - Series D - Apr 2021
View all 10 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Cryptocurrency Market Makers
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$72.7M (▲2495%)
14(▲600%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$77.8M
13
-
16
5
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Huobi)
(# Cos: 7817 | $2.9B)
Crypto Market Makers (Kyber
Network)
(# Cos: 16 | $77.8M)
Kyber Network
(2017, Singapore)
B2C2
(2015, United Kingdom, $30.0M)
Wintermute
(2008, United States, $22.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
B2C2 (2015, United Kingdom)
$30.0M - Series B - Jul 2020
Wintermute (2008, United States)
$20.0M - Series B - Jan 2021
Keyrock (2017, Belgium)
$5.1M - Series A - Oct 2020
DODO (2020)
$5.0M - Series A - Oct 2020
Saddle (2020)
$4.3M - Seed - Jan 2021
ParaSwap (2019, France)
$3.0M - Seed - May 2021
ParaSwap (2019, France)
$2.7M - Seed - Sep 2020
View all 14 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Supply Chain Track & Trace
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$65.6M (▲85.7%)
8(▼42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$239M
76
1
199
12
SCM Software (Coupa)
(# Cos: 3105 | $11.6B)
Visibility & Compliance (EcoVadis)
(# Cos: 518 | $1.6B)
Supply Chain Visibility (FourKites)
(# Cos: 347 | $910M)
Track & Trace (Slync)
(# Cos: 199 | $239M)
Slync
(2017, United States, $74.8M)
Provenance
(2014, United Kingdom, $2.5M)
DUST Identity
(2018, United States, $14.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Slync (2017, United States)
$60.0M - Series B - Feb 2021
Finboot (2016, Spain)
$3.3M - Series A - Mar 2021
Transmute (2017, United States)
$2.0M - Series A - Oct 2020
Diamante Bloc.. (2018, United States)
$233K - Seed - May 2021
Circulor (2017, United Kingdom)
Undisclosed - Seed - Dec 2020
Circulor (2017, United Kingdom)
Undisclosed - Seed - Jul 2020
Tramés (2019, Singapore)
Undisclosed - Seed - Oct 2020
View all 8 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Softwares for Crypto Cold Wallets
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$63.6M (▲181%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$146M
44
-
290
7
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Wallet (imToken)
(# Cos: 1235 | $572M)
Cold Wallets (Ledger)
(# Cos: 457 | $284M)
Software (ZenGo)
(# Cos: 290 | $146M)
ZenGo
(2017, Israel, $28.0M)
Argent
(2017, United Kingdom, $16.0M)
Xapo
(2012, United States, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ZenGo (2017, Israel)
$20.0M - Series A - Apr 2021
Bitski (2008, United States)
$19.0M - Series A - May 2021
MathWallet (2018, Singapore)
$12.0M - Series B - Dec 2020
MathWallet (2018, Singapore)
$7.8M - Series A - Oct 2020
Bitski (2008, United States)
$4.7M - Series A - Jul 2020
Ethereum Push Notific.. (2020, India)
$750K - Seed - Dec 2020
Raison (2017, Estonia)
$147K - Angel - Nov 2020
View all 8 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
INXEPTION (2017, United States)
$61.5M - Series D - May 2021
Convictional (2017, Canada)
$8.9M - Series A - May 2021
Violet (2015, United States)
$3.0M - Seed - May 2021
B2B E-Commerce > Technology Enablers
> Storefront
22
30
Back to index
B2B E-Commerce (Alibaba Group)
(# Cos: 5069 | $29.0B)
Technology Enablers (VTEX)
(# Cos: 801 | $2.8B)
Storefront (Drync)
(# Cos: 99 | $259M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$61.5M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$259M
37
-
99
2
Drync
(2008, United States, $5.2M)
INXEPTION
(2017, United States, $61.5M)
BOTTLECAPPS
(2012, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
OurCrowd (2013, Israel)
$60.0M - Series C - Nov 2020
Republic (2016, United States)
$45.2M - Series A - Mar 2021
AngelMD (2013, United States)
$12.1M - Series B - Jul 2020
Propel(x) (2014, United States)
$5.5M - Series A - Jul 2020
STOKR (2018, Luxembourg)
$4.6M - Seed - Mar 2021
Envestors (2004, United Kingdom)
$2.5M - Seed - Jul 2020
Vegan Launch (2018)
$10.0K - Seed - Mar 2021
View all 8 Funding Rounds on Tracxn Platform
Equity Crowdfunding for Startups
23
31
Back to index
Crowdfunding (Patreon)
(# Cos: 4422 | $3.7B)
Equity (Crowdcube)
(# Cos: 1222 | $1.5B)
Startups (Seedrs)
(# Cos: 364 | $405M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$49.9M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$405M
91
-
364
13
Seedrs
(2012, United Kingdom, $39.0M)
Republic
(2016, United States, $57.2M)
OurCrowd
(2013, Israel, $167M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
OpenSea (2017, United States)
$23.0M - Series A - Mar 2021
Arianee (2018, France)
$9.5M - Seed - Mar 2021
Neufund (2016, Germany)
$4.8M - Series A - Dec 2020
Trovio (2017, Australia)
$4.8M - Series B - Feb 2021
DealBox (2017, United States)
$1.5M - Seed - Dec 2020
Barnbridge (2015, Nigeria)
$1.0M - Seed - Sep 2020
Raison (2017, Estonia)
$147K - Angel - Nov 2020
View all 9 Funding Rounds on Tracxn Platform
Asset Tokenization Platforms
24
32
Back to index
Investment Tech (Robinhood)
(# Cos: 16158 | $46.9B)
Alternative Investment Platforms (Crowdcube)
(# Cos: 2476 | $4.2B)
Asset Tokenization Platforms (OpenSea)
(# Cos: 106 | $153M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$44.8M (▲83.9%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$153M
32
-
106
5
OpenSea
(2017, United States, $27.2M)
Securitize
(2017, United States, $26.8M)
Polymath
(2017, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Celo (2011, United States)
$20.0M - Series B - Feb 2021
Synthetix (2017, Australia)
$12.0M - Series B - Feb 2021
StableCorp (2019, Canada)
$1.6M - Seed - Feb 2021
DUSD (2020, India)
$1.2M - Seed - Oct 2020
RAMP DEFI (2020, Singapore)
$1.0M - Seed - Aug 2020
StableTech (2019, United Kingdom)
Undisclosed - Seed - Sep 2020
Celo (2011, United States)
Undisclosed - Series B - Apr 2021
View all 8 Funding Rounds on Tracxn Platform
Stable Coins
25
33
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Coins (Ripple)
(# Cos: 1789 | $880M)
Stable Coins (Celo)
(# Cos: 296 | $307M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.8M (▲280%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$307M
50
-
296
8
Celo
(2011, United States, $65.0M)
TrustToken
(2017, United States, $20.0M)
MakerDAO
(2014, United States, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Tipalti (2010, United States)
$150M - Series E - Oct 2020
Airwallex (2015, China)
$100M - Series D - Mar 2021
Airwallex (2015, China)
$40.0M - Series D - Jul 2020
Veem (2014, United States)
$31.0M - Series D - Sep 2020
iBanFirst (2013, France)
$23.9M - Series C - Jun 2020
3S Money (2018, United Kingdom)
$4.2M - Series B - Apr 2021
Neat (2015, China)
$4.0M - Series A - Aug 2020
View all 14 Funding Rounds on Tracxn Platform
B2B Remittance
26
34
Back to index
Remittance (WorldRemit)
(# Cos: 1726 | $7.0B)
Internet First Platforms (Remitly)
(# Cos: 1394 | $5.9B)
B2B Remittance (Payoneer)
(# Cos: 193 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$33.0M (▲5900%)
14(▲7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.6B
55
1
193
20
Payoneer
(2005, United States, $270M)
Ebury
(2009, United Kingdom, $119M)
Airwallex
(2015, China, $502M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
BitDeer (2013, China)
$12.0M - Series B - Apr 2021
Compute North (2017, United States)
$10.0M - Series A - Feb 2021
Compute North (2017, United States)
$5.1M - Series A - Apr 2021
StakeWise (2018, Israel)
$2.0M - Seed - Mar 2021
Lido (2020, Finland)
$2.0M - Seed - Dec 2020
Moonstake (2017, Singapore)
$1.0M - Seed - Oct 2020
Luxor (2017, United States)
$725K - Seed - Dec 2020
View all 11 Funding Rounds on Tracxn Platform
Crypto Pool Mining
27
35
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Mining (Bitmain)
(# Cos: 1929 | $1.6B)
Pool Mining (ViaBTC)
(# Cos: 379 | $38.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$27.1M ( -- )
11( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$38.0M
31
-
379
3
ViaBTC
(2016, China, $2.9M)
HashQuark
(2018, Cayman Islands)
Compute North
(2017, United States, $15.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Internet First Retail Banks with Partner
Bank's License
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$23.2M (▲27.4%)
57(▲46.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$4.5B
137
1
382
48
Banking Tech (Revolut)
(# Cos: 5339 | $38.6B)
Internet First Banks (Nubank)
(# Cos: 972 | $16.2B)
Through Bank Partnerships (Stash)
(# Cos: 671 | $5.9B)
Retail Banking (Chime)
(# Cos: 382 | $4.5B)
Chime
(2013, United States, $1.3B)
Stash
(2015, United States, $448M)
Varo
(2015, United States, $481M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Chime (2013, United States)
$534M - Series F - Sep 2020
Neon (2016, Brazil)
$300M - Series C - Sep 2020
Varo (2015, United States)
$241M - Series D - Jun 2020
Current (2015, United States)
$220M - Series D - Apr 2021
Stash (2015, United States)
$133M - Series F - Jul 2020
Current (2015, United States)
$131M - Series C - Nov 2020
Stash (2015, United States)
$130M - Series G - Feb 2021
View all 57 Funding Rounds on Tracxn Platform
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Supply Chain Financing
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.0M (▲740%)
13( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$2.0B
78
1
137
19
SCM Software (FourKites)
(# Cos: 3105 | $11.6B)
Spend Management (Coupa)
(# Cos: 948 | $4.4B)
Procure To Pay (Tradeshift)
(# Cos: 514 | $2.6B)
Supply Chain Financing (Taulia)
(# Cos: 137 | $2.0B)
Taulia
(2009, United States, $221M)
Tradeshift
(2010, United States, $773M)
C2FO
(2008, United States, $424M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Taulia (2009, United States)
$60.0M - Series F - Jul 2020
Incomlend (2016, Singapore)
$20.0M - Series A - Aug 2020
LiquidX (2015, United States)
$14.0M - Series A - Nov 2020
DLT (2017, Singapore)
$7.0M - Series A - Mar 2021
FQX (2019, Switzerland)
$4.7M - Seed - Jun 2021
CredAble (2017, India)
$4.5M - Series A - Oct 2020
Twinco Capital (2016, Spain)
$3.6M - Series B - Feb 2021
View all 13 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Cap Table Management
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.2M (▲ >10K%)
13(▲160%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$789M
28
-
47
7
Finance & Accounting Tech (Bill.com)
(# Cos: 8734 | $24.9B)
Financial Planning & Analysis (Anaplan)
(# Cos: 1003 | $3.3B)
Equity Administration (Vertalo)
(# Cos: 83 | $796M)
Cap Table Management (Carta)
(# Cos: 47 | $789M)
Carta
(2012, United States, $658M)
Vertalo
(2017, United States, $5.0M)
Certent
(2002, United States, $36.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Carta (2012, United States)
$210M - Series E - Jun 2020
Pulley (2019, United States)
$10.0M - Series A - Oct 2020
Globacap (2017, United Kingdom)
$9.0M - Series A - Feb 2021
Globacap (2017, United Kingdom)
$5.2M - Series A - Nov 2020
Qapita (2019, Singapore)
$5.0M - Seed - Apr 2021
Vertalo (2017, United States)
$5.0M - Series A - May 2021
Equa Start (2018, United States)
$2.3M - Seed - Mar 2021
View all 13 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Crypto Payment Cards
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$19.0M (▲630%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$50.6M
21
1
109
2
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Payments (Brave)
(# Cos: 1028 | $574M)
Consumer Payments (Bitrefill)
(# Cos: 188 | $61.4M)
Payment Cards (Card for Coin)
(# Cos: 109 | $50.6M)
Card for Coin
(2014, United States, $20.1M)
Bitrefill
(2014, United States, $2.4M)
Apto Payments
(2014, United States, $23.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Card for Coin (2014, United States)
$17.5M - Series A - Apr 2021
Yellow Card F.. (2016, United States)
$1.5M - Seed - Aug 2020
Plutus (2015, United Kingdom)
Undisclosed - Series A - Feb 2021
Bitcoinblackcreditcard (2021, Canada)
Undisclosed - Seed - Mar 2021
Bitcoinblackcreditcard (2021, Canada)
Undisclosed - Seed - Apr 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Crypto Portfolio Management
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.9M (▲453%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$78.7M
41
-
335
3
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Huobi)
(# Cos: 7817 | $2.9B)
Trading Enablers (Tagomi)
(# Cos: 483 | $236M)
Portfolio Management (Blockfolio)
(# Cos: 335 | $78.7M)
Blockfolio
(2014, United States, $14.7M)
Gem
(2013, United States, $10.4M)
Lumina
(2018, United States, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TokenSets (2017, United States)
$14.0M - Series A - May 2021
Cryptocurrenc.. (2017, United States)
$8.0M - Series A - May 2021
Balancer (2019)
$5.0M - Series A - Feb 2021
TeraBlock (2021, United Kingdom)
$2.4M - Seed - May 2021
Coin Stats (2017, Armenia)
$1.2M - Seed - Mar 2021
WealthBlock (2018, United States)
$250K - Seed - Feb 2021
B21 (2017, Gibraltar)
Undisclosed - Seed - Dec 2020
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Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
ePIC Blockchain (2017, Canada)
$7.5M - Series A - Apr 2021
Nebulous (2017, United States)
$6.2M - Series A - Sep 2020
SOLminer.io (2017, United States)
$1.8M - Seed - Apr 2021
HASHR8 (2019, United States)
$1.7M - Seed - Feb 2021
Compass (2020, United States)
$1.7M - Seed - Feb 2021
Comino (2017, Cyprus)
$1.1M - Series A - Jan 2021
MintGreen (2017, Canada)
Undisclosed - Seed - Mar 2021
Cryptocurrency Mining Hardware
Providers
33
41
Back to index
Cryptocurrencies (Coinbase)
(# Cos: 15430 | $11.3B)
Mining (Helium)
(# Cos: 1929 | $1.6B)
Hardware (Bitmain)
(# Cos: 217 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.6M (▲189%)
7(▲250%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.3B
35
8
217
7
Bitmain
(2013, China, $950M)
Canaan
(2013, China, $43.5M)
Marathon Patent Group
(2013, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Treasury Management
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.0M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$832M
46
3
153
6
Finance & Accounting Tech (FLEETCOR)
(# Cos: 8734 | $24.9B)
Accounting Solutions (Bill.com)
(# Cos: 5830 | $17.3B)
Record to Report (KhataBook)
(# Cos: 1113 | $2.8B)
Treasury Management (SunGard)
(# Cos: 153 | $832M)
SunGard
(1982, United States)
ION Group
(1998, Ireland, $400M)
Reval
(1999, United States, $107M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Trovata (2016, United States)
$20.0M - Series A - Jan 2021
Finlync (2015, France)
$16.0M - Series B - May 2021
Flowcast (2015, United States)
$3.0M - Series A - Mar 2021
Crowd Data S.. (2018, United Kingdom)
$500K - Seed - Dec 2020
Ledgermatic (2020)
Undisclosed - Seed - Feb 2021
CubeLogic (2009, United Kingdom)
Undisclosed - PE - Jun 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Rain (2016, Bahrain)
$9.4M - Series A - Dec 2020
Rain (2016, Bahrain)
$6.0M - Series A - Jan 2021
Islamic FinTech > Cryptocurrency >
Crypto Exchanges
35
43
Back to index
Islamic FinTech (Wealthsimple)
(# Cos: 137 | $1.5B)
Cryptocurrency (OneGram)
(# Cos: 5 | $17.9M)
Crypto Exchanges (Rain)
(# Cos: 3 | $17.9M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.4M (▲515%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$17.9M
1
-
3
1
Rain
(2016, Bahrain, $17.9M)
Adab Solutions
(2017, United Arab Emi..)
FICE
(2018, United Arab Emi..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
IT Solutions for Crypto Exchanges
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.0M (▲168%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$73.1M
18
-
100
4
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Investment Industry (Huobi)
(# Cos: 7817 | $2.9B)
Trading Enablers (Blockfolio)
(# Cos: 483 | $236M)
Crypto Exchanges (OKCoin)
(# Cos: 100 | $73.1M)
OKCoin
(2013, China, $10.0M)
Bitfinex
(2012, China)
AlphaPoint
(2013, United States, $23.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
0x (2016, United States)
$15.0M - Series A - Feb 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Vise (2016, United States)
$65.0M - Series C - May 2021
Altruist (1999, United States)
$50.0M - Series B - May 2021
Vise (2016, United States)
$45.0M - Series B - Dec 2020
Exabel (2016, Norway)
$9.0M - Seed - Mar 2021
Globacap (2017, United Kingdom)
$9.0M - Series A - Feb 2021
Qutke (2014, China)
$7.7M - Series C - Feb 2021
Globacap (2017, United Kingdom)
$5.2M - Series A - Nov 2020
View all 19 Funding Rounds on Tracxn Platform
Portfolio Management Solution for
Wealth Managers
37
45
Back to index
Investment Tech (Robinhood)
(# Cos: 16158 | $46.9B)
Wealth Management IT (Addepar)
(# Cos: 1041 | $3.7B)
Portfolio Management (iCapital)
(# Cos: 297 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.2M (▲ >10K%)
19(▲35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
39
$1.3B
93
3
297
11
iCapital
(2013, United States, $180M)
FNZ
(2003, United Kingdom)
Vise
(2016, United States, $125M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Crypto Based Lending Platforms
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.2M (▲478%)
16(▲167%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$372M
41
-
165
10
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Lending (Aave)
(# Cos: 213 | $389M)
Consumer Loans (Airfox)
(# Cos: 172 | $372M)
Personal Loans (Compound)
(# Cos: 165 | $372M)
Compound
(2017, United States, $41.3M)
Airfox
(2016, United States, $58.1M)
Aave
(1997, Switzerland, $29.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanbao (2014, China)
$156M - Series C - May 2021
Ledn (2018, Canada)
$30.0M - Series A - May 2021
Aave (1997, Switzerland)
$25.0M - Series B - Oct 2020
Notional (2020, United States)
$11.3M - Series A - Apr 2021
Liquity (2020, Switzerland)
$6.0M - Series A - Mar 2021
Unchained Cap.. (2017, United States)
$5.8M - Seed - Mar 2021
Aave (1997, Switzerland)
$4.5M - Series A - Jul 2020
View all 16 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
Oil and Gas Downhole Solutions
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$98.3M
18
4
39
2
Oil & Gas Tech (Select Energy Services)
(# Cos: 1446 | $5.6B)
Upstream (Drillinginfo)
(# Cos: 813 | $3.5B)
Downhole (Nabors)
(# Cos: 325 | $1.2B)
Diversified (NCS Multistage)
(# Cos: 39 | $98.3M)
NCS Multistage
(2006, United States, $20.0M)
Getech
(1986, United Kingdom)
4Subsea
(2007, Norway)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zyfra (2017, Finland)
$13.4M - Series B - Jan 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Investment Tech > Online Trading Platforms >
Forex > Regular Trading > Brokers
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.6M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$506M
31
6
1669
2
Investment Tech (Fidelity Investments)
(# Cos: 16158 | $46.9B)
Online Trading Platforms (Robinhood)
(# Cos: 6762 | $20.7B)
Forex (Edelweiss)
(# Cos: 2156 | $3.7B)
Regular Trading (SoFi)
(# Cos: 1711 | $3.6B)
Brokers (Oanda)
(# Cos: 1669 | $506M)
Oanda
(1995, United States, $117M)
Edelweiss
(1995, India)
ETX Capital
(1965, United Kingdom, $25.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Webull (2016, China)
$150M - Series C - Feb 2021
Injective Pro.. (2018, United States)
$10.0M - Series A - Apr 2021
Injective Pro.. (2018, United States)
$2.6M - Seed - Jul 2020
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Recent Funding Rounds
RegTech > KYC
41
49
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RegTech (Onfido)
(# Cos: 2162 | $11.2B)
KYC (IDnow)
(# Cos: 627 | $2.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.6M (▼87.1%)
29(▼27.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
46
$2.3B
210
8
627
42
IDnow
(2014, Germany, $40.0M)
Onfido
(2012, United Kingdom, $242M)
Jumio
(2010, United States, $196M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jumio (2010, United States)
$150M - Series D - Mar 2021
TYME (2012, South Africa)
$110M - Series B - Feb 2021
Socure (2012, United States)
$100M - Series D - Mar 2021
idwall (2016, Brazil)
$40.1M - Series C - Jun 2021
Socure (2012, United States)
$35.0M - Series D - Aug 2020
Intelligo Group (2014, Israel)
$15.0M - Series B - Nov 2020
Spring Labs (2017, United States)
$15.0M - Series B - May 2021
View all 29 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
LO3 Energy (2015, United States)
$11.0M - Series B - Mar 2021
Dash Energy (2019, United States)
$1.4M - Seed - Oct 2020
NAD Grid (2017, United States)
$1.0M - Seed - Mar 2021
P2P Energy Trading Platforms
42
50
Back to index
Smart Grid (Tendril)
(# Cos: 1998 | $7.1B)
Energy Trading Platforms (LevelTen Energy)
(# Cos: 73 | $161M)
P2P (LO3 Energy)
(# Cos: 51 | $58.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M (▲500%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$58.3M
26
-
51
4
LO3 Energy
(2015, United States, $17.6M)
Vandebron
(2013, Netherlands, $2.2M)
Drift
(2015, United States, $10.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Trade Management Software
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.5M (▼30%)
16(▲45.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$990M
75
7
244
17
Investment Tech (Robinhood)
(# Cos: 16158 | $46.9B)
Capital Market IT (Ideanomics)
(# Cos: 1004 | $4.1B)
Trade Management (Capitolis)
(# Cos: 961 | $4.0B)
Suite (FIS)
(# Cos: 244 | $990M)
FIS
(1968, United States)
Capitolis
(2016, United States, $173M)
Ideanomics
(2002, United States, $7.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enfusion (1997, United States)
$150M - Series D - Jan 2021
Capitolis (2016, United States)
$90.0M - Series C - Mar 2021
DriveWealth (2012, United States)
$56.7M - Series C - Oct 2020
Genesis (2012, United Kingdom)
$45.0M - Series B - Mar 2021
Halo Investing (2015, United States)
$35.8M - Series C - Apr 2021
Vórtx (2015, Brazil)
$35.0M - Series B - Mar 2021
Derivative Path (2013, United States)
$35.0M - Series A - Jul 2020
View all 16 Funding Rounds on Tracxn Platform
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Recent Funding Rounds
EDJX (2018, United States)
$10.3M - Series A - Jan 2021
Kneron (2015, United States)
$10.0M - Series A - Mar 2021
Macrometa (2017, United States)
$7.0M - Seed - Oct 2020
Kneron (2015, United States)
$7.0M - Series A - May 2021
Kneron (2015, United States)
Undisclosed - Series A - Jan 2021
Macrometa (2017, United States)
Undisclosed - Seed - Nov 2020
Azion (2011, United States)
Undisclosed - Seed - Nov 2020
Edge Computing Development Platforms
44
52
Back to index
Edge Computing (Akamai)
(# Cos: 133 | $1.6B)
Edge Computing Platforms (Fastly)
(# Cos: 81 | $1.2B)
Development (StackPath)
(# Cos: 31 | $612M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.3M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$612M
17
-
31
6
StackPath
(2015, United States, $396M)
Kneron
(2015, United States, $100M)
Packet
(2014, United States, $34.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
VIA (2016, United States)
$10.0M - Series A - Mar 2021
Clir (2016, Canada)
$4.1M - Series B - May 2021
Green Eagle Solutions (2012, Spain)
$3.1M - Series A - May 2021
Clir (2016, Canada)
Undisclosed - Series A - Jun 2020
Renewable Energy Asset Portfolio
Management Software
45
53
Back to index
Renewable Energy Tech (First Solar)
(# Cos: 2153 | $12.3B)
Horizontal (Ambri)
(# Cos: 331 | $725M)
Portfolio Management Software (Power
Factors)
(# Cos: 104 | $88.0M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M (▲285%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$88.0M
50
-
104
4
Power Factors
(1978, United States)
Greenbyte
(2010, Sweden, $6.2M)
VIA
(2016, United States, $20.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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Blockchain - Industry Applications - Top Business Models
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Recent Funding Rounds
Decent (2018, United States)
$10.0M - Series B - Sep 2020
HealthCare.com (2006, United States)
$5.0M - Series B - Jun 2020
KindHealth (2014, United States)
$4.0M - Series A - Feb 2021
Health Insurance Comparison Platforms
46
54
Back to index
Internet First Insurance Platforms (Lemonade)
(# Cos: 2985 | $27.2B)
Insurance Comparison Platforms (Borrowell)
(# Cos: 1651 | $9.7B)
Health (Stride Health)
(# Cos: 145 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.1B
34
1
145
8
Stride Health
(2013, United States, $38.9M)
Decent
(2018, United States, $18.0M)
Health IQ
(2014, United States, $140M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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Recent Funding Rounds
Crypto Based Online Business Payments
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$8.7M (▼69.1%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$154M
61
1
484
4
Cryptocurrencies (Blockchain.com)
(# Cos: 15430 | $11.3B)
Financial Services (Coinbase)
(# Cos: 10464 | $8.2B)
Payments (Bitpay)
(# Cos: 1028 | $574M)
Business Payments (Brave)
(# Cos: 709 | $224M)
Online Payments (Simplex)
(# Cos: 484 | $154M)
Simplex
(2014, Israel, $19.0M)
ACINQ
(2014, France, $10.0M)
UTRUST
(2017, Switzerland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Limepay (2018, United States)
$6.0M - Series A - Jul 2020
Public Mint (2018, United Kingdom)
$2.5M - Seed - Feb 2021
Stark Payments (2018, United Kingdom)
$183K - Seed - Oct 2020
Xago (2019, South Africa)
Undisclosed - Seed - Nov 2020
UTRUST (2017, Switzerland)
Undisclosed - Seed - Apr 2021
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Recent Funding Rounds
Accounts Receivables Payment Solutions
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$8.0M (▲220%)
7(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$637M
54
2
245
13
Payments (Square)
(# Cos: 11883 | $105B)
Business Payments (PayPal)
(# Cos: 6523 | $22.0B)
Mass Payouts (Tipalti)
(# Cos: 405 | $2.5B)
Invoice Payments (FLEETCOR)
(# Cos: 381 | $2.1B)
Accounts Receivables (Zuora)
(# Cos: 245 | $637M)
Zuora
(2007, United States, $243M)
PayMate
(2006, India, $68.9M)
AND.CO
(2015, United States, $5.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Limepay (2018, United States)
$6.0M - Series A - Jul 2020
Ordermentum (2014, Australia)
$5.0M - Series B - Feb 2021
PayGround (2010, United States)
$4.0M - Seed - Mar 2021
Biller Genie (2018, United States)
$2.4M - Seed - Mar 2021
Crowdz (2014, United States)
$2.0M - Series A - Aug 2020
Ftni (2008, United States)
Undisclosed - Series A - Oct 2020
QuickaPay (2019, Australia)
Undisclosed - Seed - May 2021
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Recent Funding Rounds
Freight Software
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.0M (▲180%)
42(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
93
$2.5B
334
9
1394
45
Logistics Tech (DoorDash)
(# Cos: 15169 | $87.7B)
Freight (Samsara)
(# Cos: 7365 | $25.1B)
Multimodal (Flexport)
(# Cos: 1749 | $4.8B)
Technology Enablers (Locus)
(# Cos: 1394 | $2.5B)
Locus
(2014, India, $32.5M)
SAP Ariba
(1996, United States)
Suplari
(2016, United States, $13.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Outrider (2017, United States)
$65.0M - Series B - Oct 2020
Slync (2017, United States)
$60.0M - Series B - Feb 2021
Stedi (1999, United States)
$50.1M - Series B - Aug 2020
PayCargo (2005, United States)
$35.0M - Series C - Sep 2020
Optimal Dynamic (2014, United States)
$17.4M - Series A - Apr 2021
Hubei Prolog Technology (2012, China)
$15.3M - Series B - Jan 2021
enVista (2002, United States)
$12.0M - Series B - Nov 2020
View all 42 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Blockchain - Industry Applications - Top Business Models
Report
Recent Funding Rounds
Property & Casualty Insurance Software
Suite
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.4M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$730M
34
2
96
10
Insurance IT (BitSight)
(# Cos: 2277 | $7.5B)
Insurance Policy Solutions (Bold Penguin)
(# Cos: 1461 | $3.5B)
Insurance Software Suite (Connecture)
(# Cos: 536 | $2.0B)
Property & Casualty (Guidewire)
(# Cos: 96 | $730M)
Guidewire
(2001, United States)
Bold Penguin
(2016, United States, $50.1M)
Duck Creek
(2000, United States, $353M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Duck Creek (2000, United States)
$230M - Series D - Jun 2020
Flyreel (2013, United States)
$10.0M - Series A - Nov 2020
BetterView (2014, United States)
$7.5M - Series B - Jun 2020
Insurwave (2018, United Kingdom)
$6.4M - Series A - Sep 2020
Flueid (2017, United States)
$5.8M - Series A - Feb 2021
Westhill (2017, United States)
$3.3M - Series A - Sep 2020
tech11 (2018, Germany)
Undisclosed - Seed - Apr 2021
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Tracxn - Blockchain - Industry Applications - Top Business Models - Jun 2021

  • 1. TRACXN TOP BUSINESS MODELS REPORT June 02, 2021 BLOCKCHAIN - INDUSTRY APPLICATIONS
  • 2. Blockchain - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Contents Blockchain - Industry Applications Funding - Overview 3 Top Funded Business Models 4 One pagers 9 Appendix 59 2
  • 3. Blockchain - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Funding in last 1 year 3 Blockchain in Financial Services $6.7B Blockchain in Media and Entertainment $204M Blockchain in Supply Chain and Logistics $118M Blockchain in Retail $87.0M Blockchain in Energy $41.8M Blockchain IoT $24.4M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage AU21 Capital Alameda Research NGC 12 10 10 Early Stage Pantera Capital Coinbase Galaxy Digital 15 10 9 Late Stage Ribbit Capital Coatue Tiger Global Management 4 4 3 Funding by Geography Top Feeds by $ Funding Top Funding Rounds United States (51%) United Kingdom (15%) Luxembourg (7%) Mexico (4%) China (3%) Austria (3%) Israel (3%) Others (13%) $ Funding # Rounds Checkout.com (2012, United Kingdom) $450M - Series C Circle (2013, United States) $440M - Series F SoFi (2011, United States) $370M - Series G BlockFi (2017, United States) $350M - Series D Paxos (2013, United States) $300M - Series D Blockchain.com (2011, Luxembourg) $300M - Series C Bitso (2013, Mexico) $250M - Series C Figure (2018, United States) $200M - Series D Bitpanda (2014, Austria) $170M - Series B Yuanbao (2014, China) $156M - Series C Checkout.com (2012, United Kingdom) $150M - Series B Paxos (2013, United States) $142M - Series C
  • 4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Top Funded Business Models - last 1 year (1/5) 4 Rank Business Model $ Funding # Rounds Top Funding Round Details 1▲2 Cryptocurrencies Based Financial Services $1.6B 37 Circle | $440M | Series F Link 2-- Payment Card Issuer Processors $600M 17 Checkout.com | $450M | Series C Link 3▲7 Crypto Exchanges $510M 42 Bitso | $250M | Series C Link 4▲64 P2P Cryptocurrency Based Money Transfer $449M 5 Circle | $440M | Series F Link 5▲1 Crypto Trading Platforms $448M 36 Bitpanda | $170M | Series B Link 6▲16 Post Trade Clearing and Settlement $442M 2 Paxos | $300M | Series D Link 7▼6 Forex Trading Platforms $370M 4 SoFi | $370M | Series G Link 8▲3 Cryptocurrency Custodian Services $206M 10 Anchorage | $80.0M | Series C Link 9▼1 Internet First Residential Mortage Loans $200M 4 Better Mortgage | $500M | Series E Link 10▼3 Fundraising Platforms for Startups $200M 10 Pipe | $250M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Top Funded Business Models - last 1 year (2/5) 5 Rank Business Model $ Funding # Rounds Top Funding Round Details 11-- Alternative Lending > Online Lenders > Consumer Loans > Asset Backed Loans > Diversified > Ma.. $156M 1 Yuanbao | $156M | Series C Link 12▲20 Cryptocurrencies for Payments $139M 5 Bitcoin | $100M | Series C Link 13▲20 Crypto Mobile Wallets $120M 16 imToken | $30.0M | Series B Link 14-- Internet First Crypto Backed Loans $103M 7 BabelFinance | $40.0M | Series A Link 15▲28 Crypto Tax Filing Platforms $100M 3 TaxBit | $100M | Series A Link 16-- Peer Assisted Video Content Delivery Network $100M 1 Theta Token | $100M | Series A Link 17▼5 Crypto Banks $93.3M 10 Dicalet | $61.6M | Series C Link 18▼16 Digital Native Banks $80.0M 10 Starling Bank | $376M | Series D Link 19▲31 Cryptocurrency Market Makers $72.7M 14 B2C2 | $30.0M | Series B Link 20▼6 Supply Chain Track & Trace $65.6M 8 Slync | $60.0M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Top Funded Business Models - last 1 year (3/5) 6 Rank Business Model $ Funding # Rounds Top Funding Round Details 21<> 0 Softwares for Crypto Cold Wallets $63.6M 8 ZenGo | $20.0M | Series A Link 22-- B2B E-Commerce > Technology Enablers > Storefront $61.5M 3 INXEPTION | $61.5M | Series D Link 23-- Equity Crowdfunding for Startups $49.9M 8 OurCrowd | $60.0M | Series C Link 24▼4 Asset Tokenization Platforms $44.8M 9 OpenSea | $23.0M | Series A Link 25▲6 Stable Coins $35.8M 8 Celo | $20.0M | Series B Link 26▲45 B2B Remittance $33.0M 14 Tipalti | $150M | Series E Link 27-- Crypto Pool Mining $27.1M 11 BitDeer | $12.0M | Series B Link 28▼3 Internet First Retail Banks with Partner Bank's License $23.2M 57 Chime | $534M | Series F Link 29▲27 Supply Chain Financing $21.0M 13 Taulia | $60.0M | Series F Link 30▲50 Cap Table Management $19.2M 13 Carta | $210M | Series E Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Top Funded Business Models - last 1 year (4/5) 7 Rank Business Model $ Funding # Rounds Top Funding Round Details 31▲21 Crypto Payment Cards $19.0M 5 Card for Coin | $17.5M | Series A Link 32▲16 Crypto Portfolio Management $16.9M 7 TokenSets | $14.0M | Series A Link 33▲5 Cryptocurrency Mining Hardware Providers $16.6M 7 ePIC Blockchain | $7.5M | Series A Link 34-- Treasury Management $16.0M 6 Trovata | $20.0M | Series A Link 35▲19 Islamic FinTech > Cryptocurrency > Crypto Exchanges $15.4M 2 Rain | $9.4M | Series A Link 36▲3 IT Solutions for Crypto Exchanges $15.0M 1 0x | $15.0M | Series A Link 37▲44 Portfolio Management Solution for Wealth Managers $14.2M 19 Vise | $65.0M | Series C Link 38▲20 Crypto Based Lending Platforms $14.2M 16 Yuanbao | $156M | Series C Link 39-- Oil and Gas Downhole Solutions $13.4M 1 Zyfra | $13.4M | Series B Link 40-- Investment Tech > Online Trading Platforms > Forex > Regular Trading > Brokers $12.6M 3 Webull | $150M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Top Funded Business Models - last 1 year (5/5) 8 Rank Business Model $ Funding # Rounds Top Funding Round Details 41▼32 RegTech > KYC $12.6M 29 Jumio | $150M | Series D Link 42▲19 P2P Energy Trading Platforms $12.0M 3 LO3 Energy | $11.0M | Series B Link 43▼16 Trade Management Software $10.5M 16 Enfusion | $150M | Series D Link 44-- Edge Computing Development Platforms $10.3M 7 EDJX | $10.3M | Series A Link 45▲6 Renewable Energy Asset Portfolio Management Software $10.0M 4 VIA | $10.0M | Series A Link 46-- Health Insurance Comparison Platforms $10.0M 3 Decent | $10.0M | Series B Link 47▼30 Crypto Based Online Business Payments $8.7M 5 Limepay | $6.0M | Series A Link 48▲9 Accounts Receivables Payment Solutions $8.0M 7 Limepay | $6.0M | Series A Link 49▲6 Freight Software $7.0M 42 Outrider | $65.0M | Series B Link 50-- Property & Casualty Insurance Software Suite $6.4M 7 Duck Creek | $230M | Series D Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Circle (2013, United States) $440M - Series F - May 2021 BlockFi (2017, United States) $350M - Series D - Mar 2021 Blockchain.com (2011, Luxembourg) $300M - Series C - Mar 2021 Fireblocks (2018, United States) $133M - Series C - Mar 2021 Blockchain.com (2011, Luxembourg) $120M - Series C - Feb 2021 Blockchain.com (2011, Luxembourg) $100M - Series C - Apr 2021 PolySign (2017, United States) $53.1M - Series B - May 2021 View all 37 Funding Rounds on Tracxn Platform Cryptocurrencies Based Financial Services 01 9 Back to index Cryptocurrencies (Brave) (# Cos: 15430 | $11.3B) Financial Services (Blockchain.com) (# Cos: 10464 | $8.2B) Diversified (Coinbase) (# Cos: 673 | $3.5B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $1.6B (▲247%) 37(▲147%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 8 $3.5B 128 4 673 26 Coinbase (2012, United States, $547M) Blockchain.com (2011, Luxembourg, $590M) Coins.ph (2014, Philippines, $10.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Checkout.com (2012, United Kingdom) $450M - Series C - Jan 2021 PPRO (2006, United Kingdom) $270M - Series D - Jan 2021 Checkout.com (2012, United Kingdom) $150M - Series B - Jun 2020 Conductor (1997, Brazil) $150M - Series D - Oct 2020 PPRO (2006, United Kingdom) $50.0M - Series C - Aug 2020 CardInfoLink (2010, China) $40.0M - Series C - Sep 2020 Conductor (1997, Brazil) $20.0M - Series D - Dec 2020 View all 17 Funding Rounds on Tracxn Platform Payment Card Issuer Processors 02 10 Back to index Payments (PayPal) (# Cos: 11883 | $105B) Enablers (Fiserv) (# Cos: 1541 | $16.2B) Issuer Processor (Checkout.com) (# Cos: 234 | $3.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $600M ( -- ) 17( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 47 $3.3B 105 19 234 19 Checkout.com (2012, United Kingdom, $830M) Heartland Payment Syst.. (1997, United States, $40.0M) Bancorp (2000, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Exchanges 03 11 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $510M (▲488%) 42(▲75%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 42 $919M 244 - 3920 39 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Binance) (# Cos: 7817 | $2.9B) Crypto Exchanges (Huobi) (# Cos: 3920 | $919M) Huobi (2013, China, $9.6M) Binance (2017, Malta) Gemini (2015, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Bitso (2013, Mexico) $250M - Series C - May 2021 Bitso (2013, Mexico) $62.0M - Series B - Dec 2020 Mercado Bitcoin (2013, Brazil) $37.6M - Series C - Jan 2021 CoinDCX (2017, India) $13.9M - Series B - Dec 2020 BTCDirect (2013, Netherlands) $12.9M - Series A - Oct 2020 1inch.exchange (2019, Germany) $12.0M - Series A - Dec 2020 ACDX (2020, Seychelles) $10.0M - Seed - Sep 2020 View all 42 Funding Rounds on Tracxn Platform
  • 12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds P2P Cryptocurrency Based Money Transfer 04 12 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $449M (▲ >10K%) 5(▲400%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $703M 22 - 74 5 Remittance (WorldRemit) (# Cos: 1726 | $7.0B) Internet First Platforms (Payoneer) (# Cos: 1394 | $5.9B) P2P Remittance (Remitly) (# Cos: 980 | $4.3B) Cryptocurrency (Circle) (# Cos: 74 | $703M) Circle (2013, United States, $686M) Wirex (2014, United Kingdom, $7.2M) Metal Pay (2016, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Circle (2013, United States) $440M - Series F - May 2021 Cashaa (2016, United Kingdom) $5.0M - Series A - Sep 2020 Wirex (2014, United Kingdom) $4.2M - Series A - Sep 2020 ZeFi (2020, United States) $125K - Seed - Jul 2020 Roxe Chain Founda.. (2019, Singapore) Undisclosed - Seed - Apr 2021
  • 13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Trading Platforms 05 13 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $448M (▲305%) 36(▲80%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 18 $1.1B 138 1 1768 29 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Huobi) (# Cos: 7817 | $2.9B) Online Trading Platforms (Kraken) (# Cos: 2679 | $1.3B) Regular Trading (Abra) (# Cos: 1768 | $1.1B) Abra (2014, United States, $35.0M) Kraken (2011, United States, $19.0M) CoinSwitch (2017, India, $41.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Bitpanda (2014, Austria) $170M - Series B - Mar 2021 Coinsquare (2014, Canada) $56.4M - Series C - Feb 2021 Bitpanda (2014, Austria) $52.0M - Series A - Sep 2020 FalconX (2018, United States) $50.0M - Series B - Mar 2021 CoinSwitch (2017, India) $25.0M - Series B - Apr 2021 CoinSwitch (2017, India) $15.0M - Series A - Jan 2021 Bitpanda (2014, Austria) $12.0M - Series B - May 2021 View all 36 Funding Rounds on Tracxn Platform
  • 14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Post Trade Clearing and Settlement 06 14 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $442M (▲1956%) 2(▼60%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $606M 10 1 30 5 Investment Tech (Robinhood) (# Cos: 16157 | $46.9B) Capital Market IT (Capitolis) (# Cos: 1004 | $4.1B) Trade Management (FIS) (# Cos: 961 | $4.0B) Trade Life Cycle Management (ION Group) (# Cos: 161 | $1.1B) Post Trade Solutions (Baton Systems) (# Cos: 35 | $606M) Clearing and Settlement (Paxos) (# Cos: 30 | $606M) Paxos (2013, United States, $535M) Baton Systems (2016, United States, $28.3M) Clear (2017, Singapore, $13.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Paxos (2013, United States) $300M - Series D - Apr 2021 Paxos (2013, United States) $142M - Series C - Dec 2020
  • 15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Forex Trading Platforms 07 15 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $370M (▼31.4%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $3.6B 36 6 1710 3 Investment Tech (Fidelity Investments) (# Cos: 16157 | $46.9B) Online Trading Platforms (Robinhood) (# Cos: 6761 | $20.7B) Forex (Oanda) (# Cos: 2155 | $3.7B) Regular Trading (SoFi) (# Cos: 1710 | $3.6B) SoFi (2011, United States, $3.0B) Oanda (1995, United States, $117M) Edelweiss (1995, India) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. SoFi (2011, United States) $370M - Series G - Jan 2021 Webull (2016, China) $150M - Series C - Feb 2021 Injective Pro.. (2018, United States) $10.0M - Series A - Apr 2021 Injective Pro.. (2018, United States) $2.6M - Seed - Jul 2020
  • 16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Cryptocurrency Custodian Services 08 16 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $206M (▲169%) 10(▲25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $317M 30 1 64 9 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Huobi) (# Cos: 7817 | $2.9B) Custodian Services (Anchorage) (# Cos: 64 | $317M) Anchorage (2017, United States, $137M) Copper (2018, United Kingdom, $70.9M) Kingdom Trust (2010, United States, $2.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Anchorage (2017, United States) $80.0M - Series C - Feb 2021 Copper (2018, United Kingdom) $50.0M - Series B - May 2021 Komainu (2001, United States) $25.0M - Series A - Mar 2021 Finoa (2018, Germany) $22.0M - Series A - Apr 2021 Metaco (2014, Switzerland) $18.0M - Series A - Jul 2020 Hex Trust (2018, China) $6.0M - Series A - Mar 2021 First Digital (2001, China) $3.0M - Seed - Oct 2020 View all 10 Funding Rounds on Tracxn Platform
  • 17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Internet First Residential Mortage Loans 09 17 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $200M (▲94.2%) 4(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $1.8B 17 - 44 4 Alternative Lending (Klarna) (# Cos: 8623 | $64.3B) Online Lenders (Affirm) (# Cos: 6063 | $57.4B) Mortgages (Landbay) (# Cos: 449 | $3.8B) Residential (Figure) (# Cos: 196 | $2.6B) Direct Lender (Better Mortgage) (# Cos: 44 | $1.8B) Better Mortgage (2016, United States, $980M) Figure (2018, United States, $428M) Athena (2017, Australia, $200M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Better Mortgage (2016, United States) $500M - Series E - Apr 2021 Better Mortgage (2016, United States) $200M - Series D - Nov 2020 Figure (2018, United States) $200M - Series D - May 2021 Athena (2017, Australia) $90.0M - Series D - May 2021
  • 18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Fundraising Platforms for Startups 10 18 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $200M (▲86%) 10( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $846M 101 - 496 7 Investment Tech (Robinhood) (# Cos: 16157 | $46.9B) Alternative Investment Platforms (Crowdcube) (# Cos: 2476 | $4.2B) Private Companies (Forge Global) (# Cos: 652 | $1.4B) Fundraising (Figure) (# Cos: 496 | $846M) Figure (2018, United States, $428M) Pipe (2019, United States, $316M) Clean Capital (2015, United States, $3.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Pipe (2019, United States) $250M - Series C - Mar 2021 Figure (2018, United States) $200M - Series D - May 2021 Pipe (2019, United States) $50.0M - Series B - Mar 2021 Pipe (2019, United States) $10.0M - Series A - Jun 2020 Capital (2019, United States) $9.0M - Seed - Jun 2020 Opportunity Network (2014, Spain) $1.1M - Seed - Jun 2020 Infinity Cir.. (2010, United Kingdom) $440K - Seed - Apr 2021 View all 10 Funding Rounds on Tracxn Platform
  • 19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Alternative Lending > Online Lenders > Consumer Loans > Asset Backed Loans > Diversified > Marketplace > P2P 11 19 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $156M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $378M 14 1 31 1 Alternative Lending (Credit Karma) (# Cos: 8623 | $64.3B) Online Lenders (Klarna) (# Cos: 6063 | $57.4B) Consumer Loans (Affirm) (# Cos: 3157 | $30.2B) Asset Backed Loans (Rupeek) (# Cos: 277 | $2.0B) Diversified (Creditas) (# Cos: 77 | $1.0B) Marketplace (Weidai) (# Cos: 43 | $393M) P2P (Yuanbao) (# Cos: 31 | $378M) Yuanbao (2014, China, $156M) Weidai (2011, China, $192M) FundingSecure (2012, United Kingdom) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Yuanbao (2014, China) $156M - Series C - May 2021
  • 20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Bitcoin (2009, United Kingdom) $100M - Series C - Dec 2020 Eco (1998, United States) $26.0M - Series B - Mar 2021 MobileCoin (2018, United States) $11.3M - Series B - Feb 2021 Edge (2018, United Kingdom) $1.5M - Seed - Nov 2020 Aspire (2015, United States) $1.2M - Seed - Sep 2020 Cryptocurrencies for Payments 12 20 Back to index Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Coins (Ripple) (# Cos: 1789 | $880M) Payments (Bitcoin) (# Cos: 1097 | $267M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $139M (▲1606%) 5(▲25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $267M 69 2 1097 7 Bitcoin (2009, United Kingdom, $100M) MobileCoin (2018, United States, $41.4M) Codex Protocol (2017, United Kingdom, $5.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Mobile Wallets 13 21 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $120M (▲1392%) 16(▲129%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $260M 59 1 476 9 Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Wallet (ZenGo) (# Cos: 1235 | $572M) Hot Wallets (Luno) (# Cos: 723 | $266M) Mobile Wallets (imToken) (# Cos: 476 | $260M) imToken (2016, Singapore, $40.0M) Luno (2013, United Kingdom, $13.0M) Bitcoin (2008, Saint Kitts And..) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. imToken (2016, Singapore) $30.0M - Series B - Mar 2021 Curv (2018, United States) $23.0M - Series A - Jul 2020 Change Invest (2016, Estonia) $17.2M - Series B - Nov 2020 Bottlepay (2015, United Kingdom) $15.5M - Seed - Feb 2021 Conio (2015, United States) $14.0M - Series B - Dec 2020 Kirobo (2018, Israel) $5.0M - Series A - May 2021 Wirex (2014, United Kingdom) $4.2M - Series A - Sep 2020 View all 16 Funding Rounds on Tracxn Platform
  • 22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Internet First Crypto Backed Loans 14 22 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $103M ( -- ) 7( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $108M 23 - 110 3 Alternative Lending (Credit Karma) (# Cos: 8623 | $64.3B) Online Lenders (Klarna) (# Cos: 6063 | $57.4B) Consumer Loans (Affirm) (# Cos: 3157 | $30.2B) Asset Backed Loans (Rupeek) (# Cos: 277 | $2.0B) Crypto Backed (Airfox) (# Cos: 114 | $167M) Direct Lender (Celsius Network) (# Cos: 110 | $108M) Celsius Network (2017, United Kingdom, $30.0M) BabelFinance (2018, China, $40.0M) Cred (2017, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. BabelFinance (2018, China) $40.0M - Series A - May 2021 Ledn (2018, Canada) $30.0M - Series A - May 2021 Celsius Netw.. (2017, United Kingdom) $20.0M - Series B - Jun 2020 Celsius Netw.. (2017, United Kingdom) $10.0M - Series B - Jun 2020 Ledn (2018, Canada) $2.7M - Seed - Feb 2021 Draw Bridge L.. (2018, United States) $150K - Seed - Jun 2020 Celsius Netw.. (2017, United Kingdom) Undisclosed - Series B - Aug 2020
  • 23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Tax Filing Platforms 15 23 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M (▲1900%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $107M 4 - 26 1 Finance & Accounting Tech (Bill.com) (# Cos: 8734 | $24.9B) Tech-Enabled Services (Cleartax) (# Cos: 992 | $1.5B) Tax Filing (H&R Block) (# Cos: 520 | $953M) Crypto Tax (TaxBit) (# Cos: 26 | $107M) TaxBit (2017, United States, $107M) Accointing (2017, Switzerland) Bitcoin.Tax (2013, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. TaxBit (2017, United States) $100M - Series A - Mar 2021 TaxBit (2017, United States) Undisclosed - Seed - Jan 2021 Computis (2019, United States) Undisclosed - Seed - Oct 2020
  • 24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Peer Assisted Video Content Delivery Network 16 24 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $187M 18 - 31 3 OTT Video (Netflix) (# Cos: 4469 | $25.1B) Video Distribution (Streamlabs) (# Cos: 453 | $1.9B) Content Delivery Network (Gracenote) (# Cos: 116 | $524M) Peer2Peer (Theta Token) (# Cos: 31 | $187M) Theta Token (2017, United States, $100M) StreamRoot (2013, United States, $8.2M) Teltoo (2015, Spain, $50.0K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Theta Token (2017, United States) $100M - Series A - Mar 2021
  • 25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Dicalet (2018, Japan) $61.6M - Series C - Mar 2021 SEBA (2018, Switzerland) $22.6M - Series B - Dec 2020 Ziglu (2018, United Kingdom) $8.3M - Seed - Dec 2020 Ziglu (2018, United Kingdom) $6.5M - Seed - Jun 2020 Cashaa (2016, United Kingdom) $5.0M - Series A - Sep 2020 Ziglu (2018, United Kingdom) $3.9M - Seed - Aug 2020 Multis (2018, United States) $2.2M - Seed - Sep 2020 View all 10 Funding Rounds on Tracxn Platform Crypto Banks 17 25 Back to index Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Banking (Nexo) (# Cos: 195 | $282M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $93.3M (▲56.4%) 10(▲66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $282M 28 - 195 6 Nexo (2017, Switzerland) SEBA (2018, Switzerland, $126M) Ziglu (2018, United Kingdom, $19.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Native Banks 18 26 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $80.0M (▼84%) 10(▼9.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $5.4B 24 2 81 8 Banking Tech (Ally) (# Cos: 5339 | $38.6B) Internet First Banks (Monzo) (# Cos: 972 | $16.2B) Digital Native Banks (Nubank) (# Cos: 185 | $10.1B) Diversified (Revolut) (# Cos: 81 | $5.4B) Revolut (2015, United Kingdom, $1.0B) Monzo (2015, United Kingdom, $646M) Starling Bank (2014, United Kingdom, $803M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Starling Bank (2014, United Kingdom) $376M - Series D - Mar 2021 Monzo (2015, United Kingdom) $80.3M - Series G - Dec 2020 Revolut (2015, United Kingdom) $80.0M - Series D - Jun 2020 Monzo (2015, United Kingdom) $75.3M - Series F - Jun 2020 Starling Bank (2014, United Kingdom) $69.2M - Series D - Apr 2021 Monzo (2015, United Kingdom) $68.7M - Series G - Feb 2021 Atom Bank (2014, United Kingdom) $55.0M - Series D - Apr 2021 View all 10 Funding Rounds on Tracxn Platform
  • 27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Cryptocurrency Market Makers 19 27 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $72.7M (▲2495%) 14(▲600%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $77.8M 13 - 16 5 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Huobi) (# Cos: 7817 | $2.9B) Crypto Market Makers (Kyber Network) (# Cos: 16 | $77.8M) Kyber Network (2017, Singapore) B2C2 (2015, United Kingdom, $30.0M) Wintermute (2008, United States, $22.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. B2C2 (2015, United Kingdom) $30.0M - Series B - Jul 2020 Wintermute (2008, United States) $20.0M - Series B - Jan 2021 Keyrock (2017, Belgium) $5.1M - Series A - Oct 2020 DODO (2020) $5.0M - Series A - Oct 2020 Saddle (2020) $4.3M - Seed - Jan 2021 ParaSwap (2019, France) $3.0M - Seed - May 2021 ParaSwap (2019, France) $2.7M - Seed - Sep 2020 View all 14 Funding Rounds on Tracxn Platform
  • 28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Supply Chain Track & Trace 20 28 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $65.6M (▲85.7%) 8(▼42.9%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $239M 76 1 199 12 SCM Software (Coupa) (# Cos: 3105 | $11.6B) Visibility & Compliance (EcoVadis) (# Cos: 518 | $1.6B) Supply Chain Visibility (FourKites) (# Cos: 347 | $910M) Track & Trace (Slync) (# Cos: 199 | $239M) Slync (2017, United States, $74.8M) Provenance (2014, United Kingdom, $2.5M) DUST Identity (2018, United States, $14.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Slync (2017, United States) $60.0M - Series B - Feb 2021 Finboot (2016, Spain) $3.3M - Series A - Mar 2021 Transmute (2017, United States) $2.0M - Series A - Oct 2020 Diamante Bloc.. (2018, United States) $233K - Seed - May 2021 Circulor (2017, United Kingdom) Undisclosed - Seed - Dec 2020 Circulor (2017, United Kingdom) Undisclosed - Seed - Jul 2020 Tramés (2019, Singapore) Undisclosed - Seed - Oct 2020 View all 8 Funding Rounds on Tracxn Platform
  • 29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Softwares for Crypto Cold Wallets 21 29 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $63.6M (▲181%) 8( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $146M 44 - 290 7 Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Wallet (imToken) (# Cos: 1235 | $572M) Cold Wallets (Ledger) (# Cos: 457 | $284M) Software (ZenGo) (# Cos: 290 | $146M) ZenGo (2017, Israel, $28.0M) Argent (2017, United Kingdom, $16.0M) Xapo (2012, United States, $40.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ZenGo (2017, Israel) $20.0M - Series A - Apr 2021 Bitski (2008, United States) $19.0M - Series A - May 2021 MathWallet (2018, Singapore) $12.0M - Series B - Dec 2020 MathWallet (2018, Singapore) $7.8M - Series A - Oct 2020 Bitski (2008, United States) $4.7M - Series A - Jul 2020 Ethereum Push Notific.. (2020, India) $750K - Seed - Dec 2020 Raison (2017, Estonia) $147K - Angel - Nov 2020 View all 8 Funding Rounds on Tracxn Platform
  • 30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds INXEPTION (2017, United States) $61.5M - Series D - May 2021 Convictional (2017, Canada) $8.9M - Series A - May 2021 Violet (2015, United States) $3.0M - Seed - May 2021 B2B E-Commerce > Technology Enablers > Storefront 22 30 Back to index B2B E-Commerce (Alibaba Group) (# Cos: 5069 | $29.0B) Technology Enablers (VTEX) (# Cos: 801 | $2.8B) Storefront (Drync) (# Cos: 99 | $259M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $61.5M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $259M 37 - 99 2 Drync (2008, United States, $5.2M) INXEPTION (2017, United States, $61.5M) BOTTLECAPPS (2012, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds OurCrowd (2013, Israel) $60.0M - Series C - Nov 2020 Republic (2016, United States) $45.2M - Series A - Mar 2021 AngelMD (2013, United States) $12.1M - Series B - Jul 2020 Propel(x) (2014, United States) $5.5M - Series A - Jul 2020 STOKR (2018, Luxembourg) $4.6M - Seed - Mar 2021 Envestors (2004, United Kingdom) $2.5M - Seed - Jul 2020 Vegan Launch (2018) $10.0K - Seed - Mar 2021 View all 8 Funding Rounds on Tracxn Platform Equity Crowdfunding for Startups 23 31 Back to index Crowdfunding (Patreon) (# Cos: 4422 | $3.7B) Equity (Crowdcube) (# Cos: 1222 | $1.5B) Startups (Seedrs) (# Cos: 364 | $405M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $49.9M ( -- ) 8( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $405M 91 - 364 13 Seedrs (2012, United Kingdom, $39.0M) Republic (2016, United States, $57.2M) OurCrowd (2013, Israel, $167M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds OpenSea (2017, United States) $23.0M - Series A - Mar 2021 Arianee (2018, France) $9.5M - Seed - Mar 2021 Neufund (2016, Germany) $4.8M - Series A - Dec 2020 Trovio (2017, Australia) $4.8M - Series B - Feb 2021 DealBox (2017, United States) $1.5M - Seed - Dec 2020 Barnbridge (2015, Nigeria) $1.0M - Seed - Sep 2020 Raison (2017, Estonia) $147K - Angel - Nov 2020 View all 9 Funding Rounds on Tracxn Platform Asset Tokenization Platforms 24 32 Back to index Investment Tech (Robinhood) (# Cos: 16158 | $46.9B) Alternative Investment Platforms (Crowdcube) (# Cos: 2476 | $4.2B) Asset Tokenization Platforms (OpenSea) (# Cos: 106 | $153M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $44.8M (▲83.9%) 9(▲28.6%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $153M 32 - 106 5 OpenSea (2017, United States, $27.2M) Securitize (2017, United States, $26.8M) Polymath (2017, Canada) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Celo (2011, United States) $20.0M - Series B - Feb 2021 Synthetix (2017, Australia) $12.0M - Series B - Feb 2021 StableCorp (2019, Canada) $1.6M - Seed - Feb 2021 DUSD (2020, India) $1.2M - Seed - Oct 2020 RAMP DEFI (2020, Singapore) $1.0M - Seed - Aug 2020 StableTech (2019, United Kingdom) Undisclosed - Seed - Sep 2020 Celo (2011, United States) Undisclosed - Series B - Apr 2021 View all 8 Funding Rounds on Tracxn Platform Stable Coins 25 33 Back to index Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Coins (Ripple) (# Cos: 1789 | $880M) Stable Coins (Celo) (# Cos: 296 | $307M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $35.8M (▲280%) 8(▲14.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $307M 50 - 296 8 Celo (2011, United States, $65.0M) TrustToken (2017, United States, $20.0M) MakerDAO (2014, United States, $15.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Tipalti (2010, United States) $150M - Series E - Oct 2020 Airwallex (2015, China) $100M - Series D - Mar 2021 Airwallex (2015, China) $40.0M - Series D - Jul 2020 Veem (2014, United States) $31.0M - Series D - Sep 2020 iBanFirst (2013, France) $23.9M - Series C - Jun 2020 3S Money (2018, United Kingdom) $4.2M - Series B - Apr 2021 Neat (2015, China) $4.0M - Series A - Aug 2020 View all 14 Funding Rounds on Tracxn Platform B2B Remittance 26 34 Back to index Remittance (WorldRemit) (# Cos: 1726 | $7.0B) Internet First Platforms (Remitly) (# Cos: 1394 | $5.9B) B2B Remittance (Payoneer) (# Cos: 193 | $1.6B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $33.0M (▲5900%) 14(▲7.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $1.6B 55 1 193 20 Payoneer (2005, United States, $270M) Ebury (2009, United Kingdom, $119M) Airwallex (2015, China, $502M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds BitDeer (2013, China) $12.0M - Series B - Apr 2021 Compute North (2017, United States) $10.0M - Series A - Feb 2021 Compute North (2017, United States) $5.1M - Series A - Apr 2021 StakeWise (2018, Israel) $2.0M - Seed - Mar 2021 Lido (2020, Finland) $2.0M - Seed - Dec 2020 Moonstake (2017, Singapore) $1.0M - Seed - Oct 2020 Luxor (2017, United States) $725K - Seed - Dec 2020 View all 11 Funding Rounds on Tracxn Platform Crypto Pool Mining 27 35 Back to index Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Mining (Bitmain) (# Cos: 1929 | $1.6B) Pool Mining (ViaBTC) (# Cos: 379 | $38.0M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $27.1M ( -- ) 11( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $38.0M 31 - 379 3 ViaBTC (2016, China, $2.9M) HashQuark (2018, Cayman Islands) Compute North (2017, United States, $15.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Internet First Retail Banks with Partner Bank's License 28 36 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $23.2M (▲27.4%) 57(▲46.2%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 17 $4.5B 137 1 382 48 Banking Tech (Revolut) (# Cos: 5339 | $38.6B) Internet First Banks (Nubank) (# Cos: 972 | $16.2B) Through Bank Partnerships (Stash) (# Cos: 671 | $5.9B) Retail Banking (Chime) (# Cos: 382 | $4.5B) Chime (2013, United States, $1.3B) Stash (2015, United States, $448M) Varo (2015, United States, $481M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Chime (2013, United States) $534M - Series F - Sep 2020 Neon (2016, Brazil) $300M - Series C - Sep 2020 Varo (2015, United States) $241M - Series D - Jun 2020 Current (2015, United States) $220M - Series D - Apr 2021 Stash (2015, United States) $133M - Series F - Jul 2020 Current (2015, United States) $131M - Series C - Nov 2020 Stash (2015, United States) $130M - Series G - Feb 2021 View all 57 Funding Rounds on Tracxn Platform
  • 37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Supply Chain Financing 29 37 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $21.0M (▲740%) 13( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $2.0B 78 1 137 19 SCM Software (FourKites) (# Cos: 3105 | $11.6B) Spend Management (Coupa) (# Cos: 948 | $4.4B) Procure To Pay (Tradeshift) (# Cos: 514 | $2.6B) Supply Chain Financing (Taulia) (# Cos: 137 | $2.0B) Taulia (2009, United States, $221M) Tradeshift (2010, United States, $773M) C2FO (2008, United States, $424M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Taulia (2009, United States) $60.0M - Series F - Jul 2020 Incomlend (2016, Singapore) $20.0M - Series A - Aug 2020 LiquidX (2015, United States) $14.0M - Series A - Nov 2020 DLT (2017, Singapore) $7.0M - Series A - Mar 2021 FQX (2019, Switzerland) $4.7M - Seed - Jun 2021 CredAble (2017, India) $4.5M - Series A - Oct 2020 Twinco Capital (2016, Spain) $3.6M - Series B - Feb 2021 View all 13 Funding Rounds on Tracxn Platform
  • 38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Cap Table Management 30 38 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $19.2M (▲ >10K%) 13(▲160%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $789M 28 - 47 7 Finance & Accounting Tech (Bill.com) (# Cos: 8734 | $24.9B) Financial Planning & Analysis (Anaplan) (# Cos: 1003 | $3.3B) Equity Administration (Vertalo) (# Cos: 83 | $796M) Cap Table Management (Carta) (# Cos: 47 | $789M) Carta (2012, United States, $658M) Vertalo (2017, United States, $5.0M) Certent (2002, United States, $36.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Carta (2012, United States) $210M - Series E - Jun 2020 Pulley (2019, United States) $10.0M - Series A - Oct 2020 Globacap (2017, United Kingdom) $9.0M - Series A - Feb 2021 Globacap (2017, United Kingdom) $5.2M - Series A - Nov 2020 Qapita (2019, Singapore) $5.0M - Seed - Apr 2021 Vertalo (2017, United States) $5.0M - Series A - May 2021 Equa Start (2018, United States) $2.3M - Seed - Mar 2021 View all 13 Funding Rounds on Tracxn Platform
  • 39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Payment Cards 31 39 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $19.0M (▲630%) 5(▲66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $50.6M 21 1 109 2 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Payments (Brave) (# Cos: 1028 | $574M) Consumer Payments (Bitrefill) (# Cos: 188 | $61.4M) Payment Cards (Card for Coin) (# Cos: 109 | $50.6M) Card for Coin (2014, United States, $20.1M) Bitrefill (2014, United States, $2.4M) Apto Payments (2014, United States, $23.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Card for Coin (2014, United States) $17.5M - Series A - Apr 2021 Yellow Card F.. (2016, United States) $1.5M - Seed - Aug 2020 Plutus (2015, United Kingdom) Undisclosed - Series A - Feb 2021 Bitcoinblackcreditcard (2021, Canada) Undisclosed - Seed - Mar 2021 Bitcoinblackcreditcard (2021, Canada) Undisclosed - Seed - Apr 2021
  • 40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Portfolio Management 32 40 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.9M (▲453%) 7(▲133%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 7 $78.7M 41 - 335 3 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Huobi) (# Cos: 7817 | $2.9B) Trading Enablers (Tagomi) (# Cos: 483 | $236M) Portfolio Management (Blockfolio) (# Cos: 335 | $78.7M) Blockfolio (2014, United States, $14.7M) Gem (2013, United States, $10.4M) Lumina (2018, United States, $4.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. TokenSets (2017, United States) $14.0M - Series A - May 2021 Cryptocurrenc.. (2017, United States) $8.0M - Series A - May 2021 Balancer (2019) $5.0M - Series A - Feb 2021 TeraBlock (2021, United Kingdom) $2.4M - Seed - May 2021 Coin Stats (2017, Armenia) $1.2M - Seed - Mar 2021 WealthBlock (2018, United States) $250K - Seed - Feb 2021 B21 (2017, Gibraltar) Undisclosed - Seed - Dec 2020
  • 41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds ePIC Blockchain (2017, Canada) $7.5M - Series A - Apr 2021 Nebulous (2017, United States) $6.2M - Series A - Sep 2020 SOLminer.io (2017, United States) $1.8M - Seed - Apr 2021 HASHR8 (2019, United States) $1.7M - Seed - Feb 2021 Compass (2020, United States) $1.7M - Seed - Feb 2021 Comino (2017, Cyprus) $1.1M - Series A - Jan 2021 MintGreen (2017, Canada) Undisclosed - Seed - Mar 2021 Cryptocurrency Mining Hardware Providers 33 41 Back to index Cryptocurrencies (Coinbase) (# Cos: 15430 | $11.3B) Mining (Helium) (# Cos: 1929 | $1.6B) Hardware (Bitmain) (# Cos: 217 | $1.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.6M (▲189%) 7(▲250%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $1.3B 35 8 217 7 Bitmain (2013, China, $950M) Canaan (2013, China, $43.5M) Marathon Patent Group (2013, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Treasury Management 34 42 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.0M ( -- ) 6( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 22 $832M 46 3 153 6 Finance & Accounting Tech (FLEETCOR) (# Cos: 8734 | $24.9B) Accounting Solutions (Bill.com) (# Cos: 5830 | $17.3B) Record to Report (KhataBook) (# Cos: 1113 | $2.8B) Treasury Management (SunGard) (# Cos: 153 | $832M) SunGard (1982, United States) ION Group (1998, Ireland, $400M) Reval (1999, United States, $107M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Trovata (2016, United States) $20.0M - Series A - Jan 2021 Finlync (2015, France) $16.0M - Series B - May 2021 Flowcast (2015, United States) $3.0M - Series A - Mar 2021 Crowd Data S.. (2018, United Kingdom) $500K - Seed - Dec 2020 Ledgermatic (2020) Undisclosed - Seed - Feb 2021 CubeLogic (2009, United Kingdom) Undisclosed - PE - Jun 2020
  • 43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Rain (2016, Bahrain) $9.4M - Series A - Dec 2020 Rain (2016, Bahrain) $6.0M - Series A - Jan 2021 Islamic FinTech > Cryptocurrency > Crypto Exchanges 35 43 Back to index Islamic FinTech (Wealthsimple) (# Cos: 137 | $1.5B) Cryptocurrency (OneGram) (# Cos: 5 | $17.9M) Crypto Exchanges (Rain) (# Cos: 3 | $17.9M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $15.4M (▲515%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $17.9M 1 - 3 1 Rain (2016, Bahrain, $17.9M) Adab Solutions (2017, United Arab Emi..) FICE (2018, United Arab Emi..) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds IT Solutions for Crypto Exchanges 36 44 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $15.0M (▲168%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $73.1M 18 - 100 4 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Investment Industry (Huobi) (# Cos: 7817 | $2.9B) Trading Enablers (Blockfolio) (# Cos: 483 | $236M) Crypto Exchanges (OKCoin) (# Cos: 100 | $73.1M) OKCoin (2013, China, $10.0M) Bitfinex (2012, China) AlphaPoint (2013, United States, $23.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. 0x (2016, United States) $15.0M - Series A - Feb 2021
  • 45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Vise (2016, United States) $65.0M - Series C - May 2021 Altruist (1999, United States) $50.0M - Series B - May 2021 Vise (2016, United States) $45.0M - Series B - Dec 2020 Exabel (2016, Norway) $9.0M - Seed - Mar 2021 Globacap (2017, United Kingdom) $9.0M - Series A - Feb 2021 Qutke (2014, China) $7.7M - Series C - Feb 2021 Globacap (2017, United Kingdom) $5.2M - Series A - Nov 2020 View all 19 Funding Rounds on Tracxn Platform Portfolio Management Solution for Wealth Managers 37 45 Back to index Investment Tech (Robinhood) (# Cos: 16158 | $46.9B) Wealth Management IT (Addepar) (# Cos: 1041 | $3.7B) Portfolio Management (iCapital) (# Cos: 297 | $1.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $14.2M (▲ >10K%) 19(▲35.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 39 $1.3B 93 3 297 11 iCapital (2013, United States, $180M) FNZ (2003, United Kingdom) Vise (2016, United States, $125M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Based Lending Platforms 38 46 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $14.2M (▲478%) 16(▲167%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $372M 41 - 165 10 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Lending (Aave) (# Cos: 213 | $389M) Consumer Loans (Airfox) (# Cos: 172 | $372M) Personal Loans (Compound) (# Cos: 165 | $372M) Compound (2017, United States, $41.3M) Airfox (2016, United States, $58.1M) Aave (1997, Switzerland, $29.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Yuanbao (2014, China) $156M - Series C - May 2021 Ledn (2018, Canada) $30.0M - Series A - May 2021 Aave (1997, Switzerland) $25.0M - Series B - Oct 2020 Notional (2020, United States) $11.3M - Series A - Apr 2021 Liquity (2020, Switzerland) $6.0M - Series A - Mar 2021 Unchained Cap.. (2017, United States) $5.8M - Seed - Mar 2021 Aave (1997, Switzerland) $4.5M - Series A - Jul 2020 View all 16 Funding Rounds on Tracxn Platform
  • 47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Oil and Gas Downhole Solutions 39 47 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $13.4M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $98.3M 18 4 39 2 Oil & Gas Tech (Select Energy Services) (# Cos: 1446 | $5.6B) Upstream (Drillinginfo) (# Cos: 813 | $3.5B) Downhole (Nabors) (# Cos: 325 | $1.2B) Diversified (NCS Multistage) (# Cos: 39 | $98.3M) NCS Multistage (2006, United States, $20.0M) Getech (1986, United Kingdom) 4Subsea (2007, Norway) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Zyfra (2017, Finland) $13.4M - Series B - Jan 2021
  • 48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Investment Tech > Online Trading Platforms > Forex > Regular Trading > Brokers 40 48 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $12.6M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $506M 31 6 1669 2 Investment Tech (Fidelity Investments) (# Cos: 16158 | $46.9B) Online Trading Platforms (Robinhood) (# Cos: 6762 | $20.7B) Forex (Edelweiss) (# Cos: 2156 | $3.7B) Regular Trading (SoFi) (# Cos: 1711 | $3.6B) Brokers (Oanda) (# Cos: 1669 | $506M) Oanda (1995, United States, $117M) Edelweiss (1995, India) ETX Capital (1965, United Kingdom, $25.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Webull (2016, China) $150M - Series C - Feb 2021 Injective Pro.. (2018, United States) $10.0M - Series A - Apr 2021 Injective Pro.. (2018, United States) $2.6M - Seed - Jul 2020
  • 49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds RegTech > KYC 41 49 Back to index RegTech (Onfido) (# Cos: 2162 | $11.2B) KYC (IDnow) (# Cos: 627 | $2.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $12.6M (▼87.1%) 29(▼27.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 46 $2.3B 210 8 627 42 IDnow (2014, Germany, $40.0M) Onfido (2012, United Kingdom, $242M) Jumio (2010, United States, $196M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Jumio (2010, United States) $150M - Series D - Mar 2021 TYME (2012, South Africa) $110M - Series B - Feb 2021 Socure (2012, United States) $100M - Series D - Mar 2021 idwall (2016, Brazil) $40.1M - Series C - Jun 2021 Socure (2012, United States) $35.0M - Series D - Aug 2020 Intelligo Group (2014, Israel) $15.0M - Series B - Nov 2020 Spring Labs (2017, United States) $15.0M - Series B - May 2021 View all 29 Funding Rounds on Tracxn Platform
  • 50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds LO3 Energy (2015, United States) $11.0M - Series B - Mar 2021 Dash Energy (2019, United States) $1.4M - Seed - Oct 2020 NAD Grid (2017, United States) $1.0M - Seed - Mar 2021 P2P Energy Trading Platforms 42 50 Back to index Smart Grid (Tendril) (# Cos: 1998 | $7.1B) Energy Trading Platforms (LevelTen Energy) (# Cos: 73 | $161M) P2P (LO3 Energy) (# Cos: 51 | $58.3M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $12.0M (▲500%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $58.3M 26 - 51 4 LO3 Energy (2015, United States, $17.6M) Vandebron (2013, Netherlands, $2.2M) Drift (2015, United States, $10.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Trade Management Software 43 51 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.5M (▼30%) 16(▲45.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 30 $990M 75 7 244 17 Investment Tech (Robinhood) (# Cos: 16158 | $46.9B) Capital Market IT (Ideanomics) (# Cos: 1004 | $4.1B) Trade Management (Capitolis) (# Cos: 961 | $4.0B) Suite (FIS) (# Cos: 244 | $990M) FIS (1968, United States) Capitolis (2016, United States, $173M) Ideanomics (2002, United States, $7.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Enfusion (1997, United States) $150M - Series D - Jan 2021 Capitolis (2016, United States) $90.0M - Series C - Mar 2021 DriveWealth (2012, United States) $56.7M - Series C - Oct 2020 Genesis (2012, United Kingdom) $45.0M - Series B - Mar 2021 Halo Investing (2015, United States) $35.8M - Series C - Apr 2021 Vórtx (2015, Brazil) $35.0M - Series B - Mar 2021 Derivative Path (2013, United States) $35.0M - Series A - Jul 2020 View all 16 Funding Rounds on Tracxn Platform
  • 52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds EDJX (2018, United States) $10.3M - Series A - Jan 2021 Kneron (2015, United States) $10.0M - Series A - Mar 2021 Macrometa (2017, United States) $7.0M - Seed - Oct 2020 Kneron (2015, United States) $7.0M - Series A - May 2021 Kneron (2015, United States) Undisclosed - Series A - Jan 2021 Macrometa (2017, United States) Undisclosed - Seed - Nov 2020 Azion (2011, United States) Undisclosed - Seed - Nov 2020 Edge Computing Development Platforms 44 52 Back to index Edge Computing (Akamai) (# Cos: 133 | $1.6B) Edge Computing Platforms (Fastly) (# Cos: 81 | $1.2B) Development (StackPath) (# Cos: 31 | $612M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.3M ( -- ) 7( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $612M 17 - 31 6 StackPath (2015, United States, $396M) Kneron (2015, United States, $100M) Packet (2014, United States, $34.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds VIA (2016, United States) $10.0M - Series A - Mar 2021 Clir (2016, Canada) $4.1M - Series B - May 2021 Green Eagle Solutions (2012, Spain) $3.1M - Series A - May 2021 Clir (2016, Canada) Undisclosed - Series A - Jun 2020 Renewable Energy Asset Portfolio Management Software 45 53 Back to index Renewable Energy Tech (First Solar) (# Cos: 2153 | $12.3B) Horizontal (Ambri) (# Cos: 331 | $725M) Portfolio Management Software (Power Factors) (# Cos: 104 | $88.0M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.0M (▲285%) 4(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 10 $88.0M 50 - 104 4 Power Factors (1978, United States) Greenbyte (2010, Sweden, $6.2M) VIA (2016, United States, $20.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Decent (2018, United States) $10.0M - Series B - Sep 2020 HealthCare.com (2006, United States) $5.0M - Series B - Jun 2020 KindHealth (2014, United States) $4.0M - Series A - Feb 2021 Health Insurance Comparison Platforms 46 54 Back to index Internet First Insurance Platforms (Lemonade) (# Cos: 2985 | $27.2B) Insurance Comparison Platforms (Borrowell) (# Cos: 1651 | $9.7B) Health (Stride Health) (# Cos: 145 | $1.1B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.0M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 8 $1.1B 34 1 145 8 Stride Health (2013, United States, $38.9M) Decent (2018, United States, $18.0M) Health IQ (2014, United States, $140M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Crypto Based Online Business Payments 47 55 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $8.7M (▼69.1%) 5(▲25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $154M 61 1 484 4 Cryptocurrencies (Blockchain.com) (# Cos: 15430 | $11.3B) Financial Services (Coinbase) (# Cos: 10464 | $8.2B) Payments (Bitpay) (# Cos: 1028 | $574M) Business Payments (Brave) (# Cos: 709 | $224M) Online Payments (Simplex) (# Cos: 484 | $154M) Simplex (2014, Israel, $19.0M) ACINQ (2014, France, $10.0M) UTRUST (2017, Switzerland) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Limepay (2018, United States) $6.0M - Series A - Jul 2020 Public Mint (2018, United Kingdom) $2.5M - Seed - Feb 2021 Stark Payments (2018, United Kingdom) $183K - Seed - Oct 2020 Xago (2019, South Africa) Undisclosed - Seed - Nov 2020 UTRUST (2017, Switzerland) Undisclosed - Seed - Apr 2021
  • 56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Accounts Receivables Payment Solutions 48 56 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $8.0M (▲220%) 7(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $637M 54 2 245 13 Payments (Square) (# Cos: 11883 | $105B) Business Payments (PayPal) (# Cos: 6523 | $22.0B) Mass Payouts (Tipalti) (# Cos: 405 | $2.5B) Invoice Payments (FLEETCOR) (# Cos: 381 | $2.1B) Accounts Receivables (Zuora) (# Cos: 245 | $637M) Zuora (2007, United States, $243M) PayMate (2006, India, $68.9M) AND.CO (2015, United States, $5.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Limepay (2018, United States) $6.0M - Series A - Jul 2020 Ordermentum (2014, Australia) $5.0M - Series B - Feb 2021 PayGround (2010, United States) $4.0M - Seed - Mar 2021 Biller Genie (2018, United States) $2.4M - Seed - Mar 2021 Crowdz (2014, United States) $2.0M - Series A - Aug 2020 Ftni (2008, United States) Undisclosed - Series A - Oct 2020 QuickaPay (2019, Australia) Undisclosed - Seed - May 2021
  • 57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Freight Software 49 57 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $7.0M (▲180%) 42(▼22.2%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 93 $2.5B 334 9 1394 45 Logistics Tech (DoorDash) (# Cos: 15169 | $87.7B) Freight (Samsara) (# Cos: 7365 | $25.1B) Multimodal (Flexport) (# Cos: 1749 | $4.8B) Technology Enablers (Locus) (# Cos: 1394 | $2.5B) Locus (2014, India, $32.5M) SAP Ariba (1996, United States) Suplari (2016, United States, $13.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Outrider (2017, United States) $65.0M - Series B - Oct 2020 Slync (2017, United States) $60.0M - Series B - Feb 2021 Stedi (1999, United States) $50.1M - Series B - Aug 2020 PayCargo (2005, United States) $35.0M - Series C - Sep 2020 Optimal Dynamic (2014, United States) $17.4M - Series A - Apr 2021 Hubei Prolog Technology (2012, China) $15.3M - Series B - Jan 2021 enVista (2002, United States) $12.0M - Series B - Nov 2020 View all 42 Funding Rounds on Tracxn Platform
  • 58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Recent Funding Rounds Property & Casualty Insurance Software Suite 50 58 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $6.4M ( -- ) 7( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 19 $730M 34 2 96 10 Insurance IT (BitSight) (# Cos: 2277 | $7.5B) Insurance Policy Solutions (Bold Penguin) (# Cos: 1461 | $3.5B) Insurance Software Suite (Connecture) (# Cos: 536 | $2.0B) Property & Casualty (Guidewire) (# Cos: 96 | $730M) Guidewire (2001, United States) Bold Penguin (2016, United States, $50.1M) Duck Creek (2000, United States, $353M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Duck Creek (2000, United States) $230M - Series D - Jun 2020 Flyreel (2013, United States) $10.0M - Series A - Nov 2020 BetterView (2014, United States) $7.5M - Series B - Jun 2020 Insurwave (2018, United Kingdom) $6.4M - Series A - Sep 2020 Flueid (2017, United States) $5.8M - Series A - Feb 2021 Westhill (2017, United States) $3.3M - Series A - Sep 2020 tech11 (2018, Germany) Undisclosed - Seed - Apr 2021
  • 59. Blockchain - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies US Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Israel Tech Key News in FinTech Events in Bay Area Angel Investors in United States Bluebox Companies Investment Activity Miscellaneous Company Detail Page of DoorDash Competitors of Freshworks Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 59
  • 60. Blockchain - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports FinTech Europe Consumer Digital SEA HiTech US Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 60
  • 61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Blockchain - Industry Applications - Top Business Models Report Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com