Paradigm

About

Paradigm automates OTC trading within chat for institutional traders

New York,New York,United States
11 - 50
https://www.paradigm.co/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $35M
Industries: Cryptocurrency,FinTech,Information Technology,Internet
Founded date: Aug 28, 2016
Number Of Employee: 11 - 50
Operating Status: Active

Paradigm was born out of our own frustrations with the institutional OTC trading process. After spending hundreds of hours trading and navigating the inefficient, multi-channel nature of traditional OTC markets, we thought to ourselves: “there has to be a better way.” Paradigm is that better way.
We are building the next generation of institutional OTC trading that is powered by conversation and automated with AI. We are backed by XBTO Ventures, Vectr Fintech Partners and some of the most influential private investors in the OTC markets.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$36.65M

Paradigm has raised a total of $36.65M in funding over 2 rounds. Their latest funding was raised on Dec 9, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 9, 2021	Series A	$35M	17	Alameda Ventures	—	Detail
Jul 1, 2020	Seed	—	5	Dragonfly	—	Detail
Jun 1, 2018	Seed	$1.65M	3	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

22

Paradigm is funded by 22 investors. Alameda Ventures and Digital Currency Group are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alameda Ventures	Yes	Series A
Digital Currency Group	—	Series A
GSR	—	Series A
QCP Capital	—	Series A
BitDAO	—	Series A
Akuna Capital	—	Series A
Avon Ventures	—	Series A
Babel Finance	—	Series A
CMT Digital Ventures	—	Series A
Dragonfly	—	Series A