About Elixir Protocol
Elixir Protocol is a company. It operates as a Blockchain-as-a-Service. Elixir Protocol has raised $9.6 million across 2 funding rounds from investors including Angel List, FalconX and The Commonwealth. Elixir Protocol offers products and services including Elixir Protocol. Elixir Protocol operates in a competitive market with competitors including Wintermute, Flowdesk, Keyrock, Portofino Technologies and CoinAlpha, among others.
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$9.6 M (USD)
in 2 rounds
-
Latest Funding Round
$7.5 M (USD), Series A
Oct 18, 2023
-
Investors
Angel List
& 8 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 Elixir Protocol
Elixir Protocol offers a comprehensive portfolio of products and services, including Elixir Protocol. 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.
A blockchain protocol for financial solutions is provided.
Funding Insights of Elixir Protocol
Elixir Protocol has successfully raised a total of $9.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in October 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 Total Funding
- Total Rounds 2
- Last Round Series A — $7.5M
-
First Round
First Round
(17 Jan 2023)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Elixir Protocol | Valuation | Hack VC | |
| Jan, 2023 | Amount | Seed - Elixir Protocol | Valuation |
investors |
| 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 Elixir Protocol
Elixir Protocol has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, FalconX and The Commonwealth. 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 |
|---|---|---|---|---|
|
Web3 venture capital firm partnering on blockchain projects.
|
Founded Year | Domain | Location | |
|
Blockchain-based startups are funded by NGC venture capital firm.
|
Founded Year | Domain | Location | |
|
Bloccelerate VC is focused on investing in blockchain startups.
|
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 Elixir Protocol
| 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 - Elixir Protocol
| 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 |
Elixir Protocol Comparisons
Competitors of Elixir Protocol
Elixir Protocol 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 Wintermute, Flowdesk, Keyrock, Portofino Technologies and CoinAlpha, 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 |
Crypto-based algorithmic market maker for digital assets
|
|
| domain | founded_year | HQ Location |
Crypto liquidity pool for digital assets marketplace
|
|
| domain | founded_year | HQ Location |
Liquidity solutions and trading services for digital assets are provided.
|
|
| domain | founded_year | HQ Location |
Financial infrastructure technology is provided to enable digital asset adoption.
|
|
| domain | founded_year | HQ Location |
Crypto funds are operated on blockchain by CoinAlpha.
|
|
| domain | founded_year | HQ Location |
Online platform offering an AMM DEX
|
| 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.
|
Frequently Asked Questions about Elixir Protocol
Is Elixir Protocol a funded company?
Elixir Protocol is a funded company, having raised a total of $9.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.1M, raised on Jan 17, 2023.
What does Elixir Protocol do?
A blockchain protocol focused on financial solutions is developed by Elixir Protocol. Innovative technology is utilized to address needs in the financial sector. Decentralized systems are supported to enhance security and efficiency in transactions.
Who are the top competitors of Elixir Protocol?
Elixir Protocol's top competitors include Wintermute, Flowdesk and Keyrock.
What products or services does Elixir Protocol offer?
Elixir Protocol offers Elixir Protocol.
Who are Elixir Protocol's investors?
Elixir Protocol has 9 investors. Key investors include Angel List, FalconX, The Commonwealth, OP Crypto, and Hack VC.