About Ember
Ember is a company based in Los Angeles (United States) founded in 2018 by Guillaume Torche, Alex Wang, and Mario Lazaro. It operates as a Freemium, and FinTech. Ember has raised $5.3 million across 1 funding round from investors including Uncorrelated Ventures, Anthos Capital and Calm Ventures. Ember offers products and services including Ember App, Sports Betting, and Prediction Markets. Ember operates in a competitive market with competitors including Revix, Index Coop, Koinbasket, Amun and Domain Money, among others.
- Headquarter Los Angeles, United States
- Founders Guillaume Torche, Alex Wang, Mario Lazaro
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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 Ember Fund Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.3 M (USD)
in 1 rounds
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Latest Funding Round
$5.3 M (USD), Seed
Mar 31, 2021
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Investors
Uncorrelated Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of Ember
Ember offers a comprehensive portfolio of products and services, including Ember App, Sports Betting, and Prediction Markets. 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 platform for earning Bitcoin through games.
Betting on sports outcomes to win Satoshis.
Predicting events to earn Satoshi rewards online.
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Funding Insights of Ember
Ember has successfully raised a total of $5.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.3 million completed in March 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 1
- Last Round Seed — $5.3M
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First Round
First Round
(31 Mar 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Ember | Valuation | Richard Jun |
| 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 Ember
Ember has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Uncorrelated Ventures, Anthos Capital and Calm Ventures. 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 is directed toward infrastructure software companies.
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Founded Year | Domain | Location | |
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Investment in innovative consumer and technology companies based in Santa Monica.
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Founded Year | Domain | Location | |
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Investments in tech companies are managed by Calm Ventures.
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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 Ember
| 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 - Ember
| 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 |
Ember Comparisons
Competitors of Ember
Ember 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 Revix, Index Coop, Koinbasket, Amun and Domain Money, 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 |
Online trading of crypto portfolios is enabled by Revix platform.
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| domain | founded_year | HQ Location |
Crypto index financial and risk management solutions are offered.
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| domain | founded_year | HQ Location |
Diversified crypto portfolios are offered online for investors.
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| domain | founded_year | HQ Location |
Cryptocurrency exchange-traded products are provided via an online platform.
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| domain | founded_year | HQ Location |
Stock and cryptocurrency strategies are provided via app-based platform.
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| domain | founded_year | HQ Location |
Online platform that provides various options for crypto assets to invest in a diversified portfolio
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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 Ember
Frequently Asked Questions about Ember
When was Ember founded?
Ember was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Ember located?
Ember is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Ember a funded company?
Ember is a funded company, having raised a total of $5.3M across 1 funding round to date. The company's 1st funding round was a Seed of $5.3M, raised on Mar 31, 2021.
What does Ember do?
Ember is operated as a mobile application focused on Web3 integration, allowing users to earn Satoshi rewards by playing free-to-play games, participating in sports betting, and engaging in prediction markets. The platform is designed to cater to cryptocurrency enthusiasts and gamers, offering community-driven features and tournaments. Solutions are provided in the FinTech sector with an emphasis on user-friendly access to digital currency rewards without mandatory purchases.
Who are the top competitors of Ember?
Ember's top competitors include Domain Money, Revix and Amun.
What products or services does Ember offer?
Ember offers Ember App, Sports Betting, and Prediction Markets.
Who are Ember's investors?
Ember has 4 investors. Key investors include Uncorrelated Ventures, Anthos Capital, Calm Ventures, and Richard Jun.
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