Cointime

Ledn

company

About

Ledn builds financial products with a mission to help more people save in digital assets

Highlights

Total Funding Amount
$102.70M $1.55M
Funding Rounds
6
Investors
23
Investments
1
Acquisition
1
Employee Profiles
4

Details

Last Funding Type
Series A
Last Funding Money Raised
$30M
Industries
Financial Services,FinTech
Founded date
Aug 3, 2018
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Ledn Inc.

Ledn builds financial products with a mission to help more people save in digital assets. Ledn’s suite of products consists of Borrow - A bitcoin-backed loan which allows customers to access dollars without selling their bitcoin, B2X - Allowing clients to instantly double their bitcoin holdings through the use of a Ledn loan and Save - A bitcoin and USDC savings account that pays interest on bitcoin or USDC with no minimums. For more information visit ledn.io.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$102.70M $1.55M
Ledn has raised a total of $102.70M $1.55M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 15, 2021 Series B $70M 15 10T Holdings — Detail
May 26, 2021 Series A $30M 13 Kingsway Capital — Detail
Feb 8, 2021 Seed $2.70M 6 White Star Capital — Detail
Oct 16, 2019 Debt Financing — 2 Arctos Capital
Colchis Capital Management 		— Detail
Sep 10, 2018 Angel $500K 2 Andrew Clark — Detail
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Investments

Number of Investments
Number of Lead Investments
1
0
Ledn has made 1 investments. Their most recent investment was on Nov 2, 2022, when Arta Finance raised $90M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 2, 2022 Arta Finance
Series A $90M Finance —

Investors

Number of Lead Investors
Number of Investors
6
23
Ledn is funded by 23 investors. 10T Holdings and Arctos Capital are the most recent investors.
Investor Name Lead Investor Funding Round
10T Holdings Yes Series B
Arctos Capital Yes Debt Financing
Colchis Capital Management Yes Debt Financing
Andrew Clark Yes Angel
Hashed — Series B
ParaFi Capital — Series B
Alan Howard — Series B
Ascendant Capital — Series B
CMT Digital Ventures — Series B
Coinbase Ventures — Series B
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Employee Profiles

Number of Employee Profiles
4
Ledn has 4 current employee profiles, including Board member Dan Tapiero
Dan Tapiero
Board member
Adam Reeds
Executive
Esther Park
Executive

Acquisition

Ledn has acquired 1 organizations. Their most recent acquisition was Arxnovum Investments on Oct 6, 2022. They acquired Arxnovum Investments for 0.

Date Company Name
Industry Acquisition Type Price
Oct 6, 2022 Arxnovum Investments
Bitcoin acquisition — Detail
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