Cypherock

Delhi, India Founded: 2018 • Age: 8 yrs
Platform offering a crypto wallet
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About Cypherock

Cypherock is a company based in Delhi (India) founded in 2018 by Rohan Agarwal and Vipul Saini. Cypherock has raised $1 million across 1 funding round from investors including OrangeDAO, Gnosis and ConsenSys Mesh. Cypherock offers products and services including Cypherock X1. Cypherock operates in a competitive market with competitors including Ledger, Coolwallet, Tangem, Ballet and TREZOR, among others.

  • Headquarter Delhi, India
  • Founders Rohan Agarwal, Vipul Saini
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Faucet Labs Private Limited
  • Date of Incorporation 11 Mar, 2019
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    Dec 01, 2022

  • Investors
    OrangeDAO

    & 9 more

  • Employee Count
    Not available
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Products & Services of Cypherock

Cypherock offers a comprehensive portfolio of products and services, including Cypherock X1.

Product name locked
Category locked
Primary

Secure device for offline storage and management of cryptocurrency private keys.

People of Cypherock

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Kanishk Tiwari
Technical Product Manager
People
Vipul Saini
Co-Founder & CTO
People
Gaurav Malviya
Software Development Engineer In Test
People
Irshad Ansari
Full Stack Developer

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Funding Insights of Cypherock

Cypherock has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 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.

Investors in Cypherock

Cypherock has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include OrangeDAO, Gnosis and ConsenSys Mesh.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Crypto and deep tech investments are made by Infinite Capital.
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Provider of blockchain development services
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Multiple cryptocurrency financial services are provided via decentralized platforms.
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Investor details for Cypherock

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Cypherock

Investments
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Investment portfolio details for Cypherock

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Cypherock

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Detailed financials for Cypherock

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  • Profit trends
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Cypherock Comparisons

Cypherock Primary company
Description
Platform offering a crypto wallet
Location
Delhi, India
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cypherock

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Competitors of Cypherock

Cypherock 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, Coolwallet, Tangem, Ballet 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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Hardware wallet for cryptocurrencies
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NFC-enabled hardware wallets for secure cryptocurrency storage are provided.
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Hardware solutions for cryptocurrency wallets are provided.
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A Bitcoin Hardware Wallet
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Cryptocurrency cold storage hardware is offered through an online platform.
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Detailed competitors of Cypherock

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Latest news on Cypherock

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Complete news archive for Cypherock

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  • Source and publication date
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Frequently Asked Questions about Cypherock

Cypherock was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Cypherock is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Rohan Agarwal is the current CEO of Cypherock. They have also founded this company.

Cypherock is a funded company, having raised a total of $1M across 1 funding round to date.

Security storage solutions for blockchain-based digital assets and private keys are developed by Cypherock, founded in 2018 in Delhi, India. A platform for crypto wallets is offered to facilitate secure management of these assets. Operations are centered in the cryptocurrency sector, with services aimed at protecting user data across global blockchain networks. The company is led by co-founders Rohan Agarwal as CEO and Vipul Saini as CTO.

Cypherock's top competitors include Ledger, Coolwallet and Tangem.

Cypherock offers Cypherock X1.

Cypherock has 10 investors. Key investors include OrangeDAO, Gnosis, ConsenSys Mesh, Infinite Capital, and Stefan George.

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