About Ballet
Ballet is a company based in Las Vegas (United States) founded in 2019. Ballet has raised $13 million across 1 funding round from investors including Lightspeed Venture Partners, Digital Currency Group and Ribbit Capital. Ballet offers products and services including Ballet Cold Storage Card and Ballet Crypto App. Ballet operates in a competitive market with competitors including Ledger, Tangem, Coolwallet, Shift Cryptosecurity and TREZOR, among others.
- Headquarter Las Vegas, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Ballet Global Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$13 M (USD)
in 1 rounds
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Latest Funding Round
$13 M (USD), Series A
Jun 09, 2022
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Investors
Lightspeed Venture Partners
& 5 more
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Employee Count
Not available
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Products & Services of Ballet
Ballet offers a comprehensive portfolio of products and services, including Ballet Cold Storage Card and Ballet Crypto App.
Secure offline storage for cryptocurrencies and NFTs to prevent hacking.
App for managing and transacting crypto assets securely via mobile.
Funding Insights of Ballet
Ballet has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series A round of $13 million completed in June 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.
Investors in Ballet
Ballet has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Digital Currency Group and Ribbit Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Early-stage centric VC firm funding companies in the US and China
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Early-stage companies in fintech and multiple sectors are invested in.
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Investor details for Ballet
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Ballet
Investment portfolio details for Ballet
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Financial Statements - Ballet
Detailed financials for Ballet
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Ballet Comparisons
Peer comparison for Ballet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Ballet
Ballet 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 Ledger, Tangem, Coolwallet, Shift Cryptosecurity and TREZOR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ledger is recognized for providing secure cryptocurrency hardware wallets.
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NFC-enabled hardware wallets for secure cryptocurrency storage are provided.
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Hardware wallet for cryptocurrencies
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Bitcoin hardware wallet
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A Bitcoin Hardware Wallet
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Detailed competitors of Ballet
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Latest news on Ballet
Complete news archive for Ballet
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Frequently Asked Questions about Ballet
Ballet was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Ballet is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Ballet is a funded company, having raised a total of $13M across 1 funding round to date.
Provider of hardware solutions for cryptocurrency wallets. Its product portfolio includes the Real series, a physical cryptocurrency wallet that gives access to control digital assets, the QR code of the wallet provides the deposit address which allows users to deposit funds to the wallet without any need for configuration, Pure series, in which crypto is stored on the card in a completely non-electronic way, which eliminates the risk of hacking, Swap crypto, a ballet app for converting one crypto asset to another.
Ballet's top competitors include Ledger, Coolwallet and Tangem.
Ballet offers Ballet Cold Storage Card and Ballet Crypto App.
Ballet has 6 investors. Key investors include Lightspeed Venture Partners, Digital Currency Group, Ribbit Capital, Draper Dragon, and ACTAI Ventures.