About Cobo
Cobo is a company based in Singapore (Singapore) founded in 2017 by Changhao Jiang and Discus Fish. It operates as a Wallet-as-a-Service, Managed Services, and FinTech. Cobo has raised $63 million across 5 funding rounds from investors including Neo, DST Global Partners and Capital Ant. Cobo offers products and services including Wallet-as-a-Service, Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets. Cobo operates in a competitive market with competitors including Metaco, Hex Trust, Unchained Capital, Finoa and Propine, among others.
- Headquarter Singapore, Singapore
- Founders Changhao Jiang, Discus Fish
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cobo
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$63 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series B
Sep 23, 2021
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Investors
Neo
& 7 more
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Employee Count
Employee Count
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Products & Services of Cobo
Cobo offers a comprehensive portfolio of products and services, including Wallet-as-a-Service, Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets. 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.
Digital asset wallets are provided for institutional security.
Secure custodial wallets are offered for asset protection.
Multi-party computation wallets are provided for enhanced security.
Smart contract wallets are supported for blockchain operations.
Exchange wallets are designed for high-frequency trading platforms.
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Funding Insights of Cobo
Cobo has successfully raised a total of $63M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in September 2021. 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 B — $40.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series B - Cobo | Valuation | DST Global , A&T Capital |
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| Oct, 2018 | Amount | Series A - Cobo | Valuation | DHVC , Wu Capital | |
| Apr, 2018 | Amount | Seed - Cobo | Valuation | Linear Venture , Frees Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cobo
Cobo has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Neo, DST Global Partners and Capital Ant. 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 |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Blockchain startups are funded by A&T Capital venture capital firm.
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Founded Year | Domain | Location | |
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VC firm investing in tech startups across US and China
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cobo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cobo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cobo Comparisons
Competitors of Cobo
Cobo 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 Metaco, Hex Trust, Unchained Capital, Finoa and Propine, 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 custody solutions are provided for banks.
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| domain | founded_year | HQ Location |
Custodian service for digital assets
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| domain | founded_year | HQ Location |
Cryptocurrency custody solutions with multi-signature storage are provided.
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| domain | founded_year | HQ Location |
Custodian solutions for cryptocurrencies and digital assets are offered.
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| domain | founded_year | HQ Location |
Digital custody and crypto management solutions are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cobo
Frequently Asked Questions about Cobo
When was Cobo founded?
Cobo was founded in 2017.
Where is Cobo located?
Cobo is headquartered in Singapore, Singapore.
Who is the current CEO of Cobo?
Discus Fish is the current CEO of Cobo. They have also founded this company.
Is Cobo a funded company?
Cobo is a funded company, having raised a total of $63M across 5 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Oct 01, 2017.
What does Cobo do?
Digital asset custody and wallet infrastructure solutions are offered by Cobo to institutions globally. Services are focused on secure wallet technologies, including custodial, MPC, smart contract, and exchange wallets. Support is provided for over 80 blockchains and 3,000 tokens, ensuring wide coverage. Compliance-ready tools with AMLKYT integration are included for regulatory adherence. Solutions are tailored for exchanges, payments, treasury, and asset management sectors. Security is maintained through bank-grade architecture, regular audits, and 247 monitoring. Operations are streamlined with automation for token sweeping and gas fee payments.
Who are the top competitors of Cobo?
Cobo's top competitors include Hex Trust, Unchained Capital and Propine.
What products or services does Cobo offer?
Cobo offers Wallet-as-a-Service, Custodial Wallets, MPC Wallets, Smart Contract Wallets, and Exchange Wallets.
Who are Cobo's investors?
Cobo has 8 investors. Key investors include Neo, DST Global Partners, Capital Ant, IMO Ventures, and DHVC.
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