About Burnt Finance
Burnt Finance is a company based in Solana Beach (United States) founded in 2021 by Burnt Banksy.. Burnt Finance has raised $55 million across 5 funding rounds from investors including Circle, Animoca Brands and Figment. Burnt Finance offers products and services including XION. Burnt Finance operates in a competitive market with competitors including AirWire, IPAssets, Wincast, token.art and Kalamint, among others.
- Headquarter Solana Beach, United States
- Founders Burnt Banksy
-
Sectors
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$55 M (USD)
in 5 rounds
-
Latest Funding Round
$25 M (USD), Series A
Apr 01, 2024
-
Investors
Circle
& 21 more
-
Employee Count
Employee Count
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
Products & Services of Burnt Finance
Burnt Finance offers a comprehensive portfolio of products and services, including XION. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Blockchain designed to make crypto accessible for developers and users worldwide.
Unlock access to complete
Funding Insights of Burnt Finance
Burnt Finance has successfully raised a total of $55M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in April 2024. 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 5
- Last Round Series A — $25.0M
-
First Round
First Round
(06 May 2021)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Burnt Finance | Valuation | Laser Digital , Arrington Capital | |
| Oct, 2023 | Amount | Series A - Burnt Finance | Valuation | Circle | |
| Jan, 2022 | Amount | Series A - Burnt Finance | Valuation | Animoca Brands |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Burnt Finance
Burnt Finance has secured backing from 22 investors, including institutional and venture fund investors. Prominent investors backing the company include Circle, Animoca Brands and Figment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on digital assets and web3
|
Founded Year | Domain | Location | |
|
Early-stage centric VC firm funding companies in the US and China
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on non-fungible tokens and associated assets
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Burnt Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Burnt Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Burnt Finance Comparisons
Competitors of Burnt Finance
Burnt Finance 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 AirWire, IPAssets, Wincast, token.art and Kalamint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cryptocurrency transfers are enabled through a secure app-based platform.
|
|
| domain | founded_year | HQ Location |
Platform offering technology applications for creating, managing, and distributing digital assets
|
|
| domain | founded_year | HQ Location |
NFT-based platform for sports bidding
|
|
| domain | founded_year | HQ Location |
App-based NFT and crypto marketplace is facilitated for users.
|
|
| domain | founded_year | HQ Location |
Multi-category art products are auctioned via an online platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Burnt Finance
Frequently Asked Questions about Burnt Finance
When was Burnt Finance founded?
Burnt Finance was founded in 2021.
Where is Burnt Finance located?
Burnt Finance is headquartered in Solana Beach, United States. It is registered at Solana Beach, California, United States.
Is Burnt Finance a funded company?
Burnt Finance is a funded company, having raised a total of $55M across 5 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on May 06, 2021.
What does Burnt Finance do?
Burnt Finance was founded in 2021 and is headquartered in Solana Beach, United States. The platform operates in the blockchain and NFT sector, providing an online service for financializing non-fungible tokens on the Solana network. A unified auction protocol is utilized for NFT trading, while a decentralized auction house supports digital asset exchanges. Unique art projects are also minted through the system.
Who are the top competitors of Burnt Finance?
What products or services does Burnt Finance offer?
Burnt Finance offers XION.
Who are Burnt Finance's investors?
Burnt Finance has 22 investors. Key investors include Circle, Animoca Brands, Figment, Injective, and Fantom.