About Amber Group
Amber Group is a company based in Singapore (Singapore) founded in 2017 by Thomas Zhu, Junwei Huo, Michael Wu, Luke Peijiu Li, Wayne Huo, and Tony YuHao He. Amber Group has raised $628 million across 4 funding rounds from investors including Blockchain, Coinbase and Math Wallet. Amber Group has completed 3 acquisitions, including Celera Group, Dicalet and Sparrow Exchange. Amber Group operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Singapore, Singapore
- Founders Thomas Zhu, Junwei Huo, Michael Wu, Luke Peijiu Li, Wayne Huo, Tony YuHao He
- Stage Unicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-$4.59 K (USD)-6as on Sep 30, 2015
-
EBITDA
-$4.59 K (USD)0as on Sep 30, 2015
-
Total Equity Funding
$628 M (USD)
in 4 rounds
-
Latest Funding Round
$300 M (USD), Series C
Dec 16, 2022
-
Investors
Blockchain
& 22 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Celera Group
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Amber Group
Unlock access to complete
Funding Insights of Amber Group
Amber Group has successfully raised a total of $628M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $300 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $300.0M
-
First Round
First Round
(14 Feb 2020)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series C - Amber Group | Valuation | Fenbushi Capital |
|
| Feb, 2022 | Amount | Series B - Amber Group | Valuation | Temasek | |
| Jun, 2021 | Amount | Series B - Amber Group | Valuation | China Renaissance Group |
Investors in Amber Group
Amber Group has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blockchain, Coinbase and Math Wallet.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital firm investing in the US and UK
|
Founded Year | Domain | Location | |
|
M&A advisory, asset management firm, and private equity fund focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Amber Group
Amber Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Celera Group, Dicalet and Sparrow Exchange.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cryptocurrency exchanges and payments are enabled via a mobile platform.
|
2018 | ||||
|
Online exchange platform for cryptocurrency
|
2018 | ||||
|
Temples and religious trust services are provided by Celera Group.
|
2012 |
Financial Statements - Amber Group
Amber Group Comparisons
Competitors of Amber Group
Amber Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
|
|
| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
|
|
| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
|
|
| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
|
|
| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
|
|
| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
|
Frequently Asked Questions about Amber Group
Amber Group was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Amber Group is headquartered in Singapore, Singapore.
Michael Wu is the current CEO of Amber Group. They have also founded this company.
Amber Group is a funded company, having raised a total of $628M across 4 funding rounds to date. The company's 1st funding round was a Series B of $100M, raised on Feb 14, 2020.
Founded in 2017 and headquartered in Singapore, Amber Group operates in the blockchain and cryptocurrency sector. Crypto-based services, including payments, exchanges, and digital wallets, are provided to users. Digital currencies such as Bitcoin, Ripple, and Ethereum can be bought, sold, and traded through the platform. Collateralized loans involving stablecoins and various currencies are facilitated, alongside margin trading and over-the-counter liquidity options.
Amber Group has made 3 acquisitions, including Celera Group, Dicalet, and Sparrow Exchange.
Amber Group has 23 investors. Key investors include Blockchain, Coinbase, Math Wallet, Polychain, and Temasek.
The valuation of Amber Group is $3B as of Feb 2022.