Abra
About
Abra is a digital asset financial platform where consumers and institutions can buy, sell, store, borrow, and generate yield on crypto.
- Mountain View,California,United States
- 101 - 250
- https://www.abra.com
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $11.98M
- Industries
- Bitcoin,Blockchain,Cryptocurrency,Ethereum,FinTech
- Founded date
- Jan 1, 2014
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- Plutus Financial Holdings, Inc.
Established in 2014, Abra is on a mission to create a simple and honest platform that enables millions of cryptocurrency holders to maximize the potential of their assets. Abra enables both individuals and businesses to safely and securely buy, trade, and borrow against cryptocurrencies – all in one place. Abra’s vision is an open, global financial system that is easily accessible to everyone.Based in the United States, Abra operates in over 150 countries and makes it easy to convert between crypto and a wide variety of local fiat currencies. With over 2MM customers and $9B in transactions processed, Abra continues to grow rapidly. Abra is widely loved and trusted – in April 2022, pymnts.com reviewed and rated Abra amongst the top 5 most popular crypto wallets in the market. Abra is backed by top-tier investors such as American Express Ventures and First Round Capital.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 15, 2021 | Series C | $55M | 15 |
Blockchain Capital
IGNIA
|
— | Detail |
| May 7, 2020 | Corporate Round | $5M | 1 |
Stellar Development Foundation
|
— | Detail |
| Aug 23, 2019 | Convertable Note | $4M | 1 | — | — | Detail |
| Mar 14, 2019 | Series B | $11.98M | 9 |
American Express Ventures
|
— | Detail |
| Oct 23, 2017 | Series B | $16M | 10 |
HCM Capital
IGNIA
|
— | Detail |
Investments
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Blockchain Capital
|
Yes | Series C |
|
IGNIA
|
Yes | Series C |
|
HCM Capital
|
Yes | Series B |
2TM
|
— | Series C |
|
American Express Ventures
|
— | Series C |
|
|
— | Series C |
CMT Digital Ventures
|
— | Series C |
Disrupt Ventures
|
— | Series C |
Kenetic
|
— | Series C |
Kingsway Capital
|
— | Series C |
Employee Profiles
