About DFlow
DFlow is a Financial Services company based in Chicago (United States) founded in 2021 by Nitesh Nath, and was acquired by MoonPay in May 2026. Order flow is auctioned in a decentralized crypto marketplace. DFlow has raised $7.5 million across 2 funding rounds from investors including Circle, Coinbase and MoonPay. The company has 4 employees. Its chief executive, as recorded, is Nitesh Nath. Its website dflow.net draws about 24 thousand monthly visits. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its legal entity is DFLOW INC. Its competitors include Kraken, Coinbase and CoinList; 3 of its 3 listed competitors have raised funding.
Company details
DFlow was founded in 2021 in Chicago, United States, as a platform in the cryptocurrency sector. A decentralized marketplace is operated for payment-for-order-flow, where order flow from crypto-native brokerages is sold to professional market makers. Fully decentralized and customizable auctions are utilized to enable market-driven price discovery. Operations focus on facilitating these transactions without intermediaries.
Funding Insights of DFlow
DFlow has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in April 2023. 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 $7.5M
- Total Rounds 2
- Last Round Series A — $5.5M
- First Round $2M
(Jun 2022)
- Investors Count 11
All 2 funding rounds of DFlow 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 |
|---|---|---|---|---|---|
| Apr 2023 | $5.5M | Series A | – | Framework Ventures | |
| Jun 2022 | $2M | Seed | – | Framework Ventures | – |
12 investors in total: 8 institutional and 4 angel.
Investors in DFlow
DFlow has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Circle, Coinbase and MoonPay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain startups are funded by Framework Ventures venture capital. | 2019 | framework.ventures | San Francisco, United States | |
Advisory, venture capital, and startup services for blockchain are provided. | spartangroup.io | Singapore, Singapore | ||
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | circle.com | Boston, United States | |
Crypto-based algorithmic market maker for digital assets | 2008 | wintermute.com | Reston, United States | |
Blockchain investments are managed by Zee Prime Capital. | zeeprime.capital | Gibraltar, Gibraltar | ||
Liquidity is provided for institutional investors in cryptoassets by Cumberland. | cumberland.io | |||
Cryptocurrencies and NFTs are traded through an online platform. | 2018 | moonpay.com | Dover, United States | |
SG Stephane Gosselin | unknown_0ce2e8d336534e85b | |||
EY Evgeny Yurtaev | Co-founder of Zerodha, angel investor in Indian startups | unknown_239cbea1020e42cb9 |
Investor details for DFlow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of DFlow
4 people are tracked at DFlow (4 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Nitesh Nath | Founder & CEO | Leadership |
Nitesh N. | CEO | Leadership |
Jeff Delonge | Chief Technology Officer | Leadership |
Dan Jablonski | Director Of Growth | Leadership |
Complete people profiles for DFlow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of DFlow
4 dated milestones of DFlow across 5 years, from founding to its latest funding, stage changes and deals.
- Founded DFlow is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $5.5M.
- Exit Acquired by MoonPay.
Competitors of DFlow
DFlow has 3 listed competitors in our database, 3 of them funded. They include Kraken, Coinbase and CoinList.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kraken.com | 2011 | San Francisco, United States | $866.01M | 4 | Provider of an app-based trading and exchange platform for cryptocurrency | |
| coinbase.com | 2012 | San Francisco, United States | $546.62M | 3,416 | Cryptocurrency trading, storage, and exchange services are offered online. | |
| coinlist.co | 2017 | San Francisco, United States | $119.2M | 27 | App-based trading platform for cryptocurrency |
Detailed competitors of DFlow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of DFlow
The website of DFlow (dflow.net) receives about 23.6K visits a month and ranks #732,681 among all websites worldwide, #7,079 in Investing.
- Monthly visits23.6K
▲ 6.9% vs previous month
- Unique visitors9.9K
per month
- Global rank#732,681
among all websites
- Category rank#7,079
Finance · Investing
- Bounce rate37%
- Pages per visit7.7
- Average visit1 min 55 sec
- DevicesDesktop 48% · Mobile 52%
Top companies in Cryptocurrencies
3 companies that operate in the same segment as DFlow (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about Dflow
Complete news archive for DFlow
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Frequently Asked Questions about DFlow
DFlow was founded in 2021 and raised its 1st funding round 1 year after it was founded.
DFlow is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Nitesh Nath is the CEO of DFlow, as recorded in our data. They have also founded this company.
DFlow is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 2022.
DFlow has 4 employees.
DFlow was founded in 2021 in Chicago, United States, as a platform in the cryptocurrency sector. A decentralized marketplace is operated for payment-for-order-flow, where order flow from crypto-native brokerages is sold to professional market makers. Fully decentralized and customizable auctions are utilized to enable market-driven price discovery. Operations focus on facilitating these transactions without intermediaries.
DFlow has 12 investors. Key investors include Circle, Coinbase, MoonPay, Wintermute, and Framework Ventures.
DFlow operates through Dflow Inc.
Yes. DFlow was acquired by MoonPay in May 2026.