About Balance
Balance is a Financial Services company based in Toronto (Canada) founded in 2017 by George Bordianu and Baha Nurlybayev. Digital asset custody and related services are provided by Balance. It operates on a Managed Services and FinTech model. Balance has raised $120 thousand across 3 funding rounds from investors including Techstars, Bicameral Ventures and Accelerator Centre. Its chief executive, as recorded, is George Bordianu. Balance offers products and services including Balance Custody, Balance Yield, Balance Compliance, and Balance Settlements. Its focus areas include Financials, Capital Markets and Asset Management & Custody. Its legal entity is Paradiso Ventures Inc.
Company details
Balance is engaged in providing secure digital asset custody and related financial services. Operations are focused on secure offline storage, compliance automation, and collateral management for institutional clients. Sectors served include OTC desks, trading platforms, lending desks, and corporate entities. Solutions such as escrow services, warm wallet infrastructure, and integrated third-party lending are offered to qualifying individuals and entities in Canada and the US.
- Headquarters Toronto, Canada
- Founders George Bordianu, Baha Nurlybayev
- SectorsFinancial Services
- Phone•••• ••••
- Website balance.ca
- Social LinkedIn X
- Legal Name Paradiso Ventures Inc.
- Total Equity Funding$120K (USD)
in 3 rounds
- InvestorsTechstars
& 2 more
Products & Services of Balance
Balance offers a comprehensive portfolio of products and services, including Balance Custody, Balance Yield, Balance Compliance, and Balance Settlements.
Secure offline storage for digital assets is provided.
Yield generation on digital assets is facilitated here.
Automated regulatory record keeping and reporting are offered.
Escrow services for high-value transactions are provided.
Funding Insights of Balance
Balance has successfully raised a total of $120K across 3 strategic funding rounds. 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 $120,000
- Total Rounds 3
- First Round $120,000
(Feb 2019)
- Investors Count 3
All 3 funding rounds of Balance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | Seed | – | Bicameral Ventures | – | |
| Jun 2019 | Seed | – | Accelerator Centre | – | |
| Feb 2019 | $120,000 | Seed | – | Techstars | – |
3 investors in total: 3 institutional.
Investors in Balance
Balance has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, Bicameral Ventures and Accelerator Centre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bicameralventures.com | ||||
Startups are built and accelerated in a structured studio environment. | acceleratorcentre.com | Waterloo, Canada | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Balance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Balance
8 people are tracked at Balance (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
George Bordianu | Co-Founder & CEO | Leadership |
Baha Nurlybayev | Co-Founder | Leadership |
Nuno Silva | Chief Product Officer | Leadership |
Dustin Plett | Chief Sales Officer | Leadership |
Vladimir Li | Chief Technology Officer | Leadership |
Joshua le | Director Of Operations | Leadership |
Rick Walters | Senior Full-stack Software Developer | Team |
Kevin Martin | Senior Staff Software Developer | Team |
Complete people profiles for Balance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Balance
3 dated milestones of Balance across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Balance is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Seed,.
Web traffic of Balance
The website of Balance (balance.ca) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 132.9% vs previous month
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Frequently Asked Questions about Balance
Balance was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Balance is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
George Bordianu is the CEO of Balance, as recorded in our data. They have also founded this company.
Balance is a funded company, having raised a total of $120K across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Feb 2019.
Balance is engaged in providing secure digital asset custody and related financial services. Operations are focused on secure offline storage, compliance automation, and collateral management for institutional clients. Sectors served include OTC desks, trading platforms, lending desks, and corporate entities. Solutions such as escrow services, warm wallet infrastructure, and integrated third-party lending are offered to qualifying individuals and entities in Canada and the US.
Balance offers Balance Custody, Balance Yield, Balance Compliance, and Balance Settlements.
Balance has 3 investors. Key investors include Techstars, Bicameral Ventures, and Accelerator Centre.
Balance operates through Paradiso Ventures Inc..