Entropy

New York, United States Founded: 2018 • Age: 8 yrs
Digital asset custody services are provided securely for clients.

About Entropy

Entropy is a company based in New York (United States) founded in 2018. It operates as a Blockchain-as-a-Service. Entropy has raised $28.76 million across 3 funding rounds from investors including DRAGONFLY, The LAO and Andreessen Horowitz. Entropy offers products and services including Autonomous Agent Network. Entropy operates in a competitive market with competitors including XBTO, Napier Park Global Capital, Madison Energy Investments, DigitalX and Hartmann Capital, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
  • Website entropy.xyz
  • Social X
Operational Areas
Key Metrics
  • Total Equity Funding
    $28.76M (USD)

    in 3 rounds

  • Latest Funding Round
    $25M (USD), Seed

    Jun 2022

  • Investors
    DRAGONFLY

    & 9 more

Products & Services of Entropy

Entropy offers a comprehensive portfolio of products and services, including Autonomous Agent Network.

Autonomous Agent Network
Technology

A network for autonomous agents is provided by Entropy.

Funding Insights of Entropy

Entropy has successfully raised a total of $28.76M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $25 million completed in June 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.

  • Total Funding $28.76M
  • Total Rounds 3
  • Last Round Seed β€” $25M
  • First Round $1.81M

    (Dec 2021)

  • Investors Count 10

All 3 funding rounds of Entropy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$25MSeed–a16z
Jan 2022$1.95MSeed–DRAGONFLY
Dec 2021$1.81MSeed––
–
Valuation history

10 investors in total: 10 institutional.

Investors in Entropy

Entropy has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include DRAGONFLY, The LAO and Andreessen Horowitz.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
–a16z.com-
Robot Ventures is associated with technology or robotics.
–robvc.comNew York, United States
-
–komerabifund.tcc.mode-
Blockchain projects and machine collaborations are invested in by Inflection.
–inflection.xyzBerlin, Germany
Venture capital and equity principal services are provided by Dragonfly.
2018dragonfly.xyzOakland, United States
Investments are focused on permissionless networks and blockchain technologies.
–ethereal.xyz-
Venture capital firm focused on blockchain investments and decentralized technologies.
2020variant.fundBrooklyn, United States
Investments are directed toward blockchain and cryptocurrency ventures.
–coinbase-ventures.com-
Blockchain investments and DeFi infrastructure are provided by the firm.
2019thelao.ioUnited States
Crypto assets are managed and invested in by P2P Capital.
–p2pcap.com-
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Investor details for Entropy

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Entropy

2 people are tracked at Entropy (1 in leadership, 1 in team).

NameRoleGroup
Tux Pacific
Founder & CEOLeadership
Frankie Pangilinan
Software EngineerTeam
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Complete people profiles for Entropy

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Entropy

3 dated milestones of Entropy across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Entropy is founded.
  2. Funding First funding round of $1.8M.
  3. Funding Latest funding round, Seed, of $25.0M.

Competitors of Entropy

Entropy 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 XBTO, Napier Park Global Capital, Madison Energy Investments, DigitalX and Hartmann Capital, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
xbto.com2015Miami, United States––
Offers crypto trading, liquidity, and investment services to institutional clients worldwide.
napierparkglobal.com2013New York, United States–18
PE firm investing in the US
madisonei.com2019New York, United States––
Platform for energy investors is provided by Madison Energy Investments.
digitalx.com1988Boston, United States––
Blockchain solutions for digital payments and cryptocurrency trading are offered.
hartmanncapital.com2018Miami, United States––
Invests in frontier tech like AI, crypto, and gaming ventures.
diamondlakeminerals.com1954Salt Lake, United States––
Provider of tokenization services for real estate and other assets
onrampbitcoin.com2022Austin, United States––
Delivers blockchain consulting and training services to businesses and professionals.
oathdigital.io2021New York, United States––
Diversified digital investment management is handled by Oath Digital.
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Detailed competitors of Entropy

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Similar companies to Entropy

10 companies that operate in the same segment as Entropy (Asset Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
1946Boston, Massachusetts, United StatesUSD 517.99 M––
Provides mutual funds management and financial advisory services.
1987Mumbai, Maharashtra, India–––
Global banking, investment, and wealth management services are offered worldwide.
1974London, England, United Kingdom–USD 6.37 B7,550
Insurance, banking, and wealth management services are provided worldwide.
1816Paris, France–USD 128.35 B100,040
Diversified investment management services are offered across multiple asset classes.
2001Rio De Janeiro, Rio De Janeiro, BrazilUSD 273 M––
Mutual funds, portfolio management, and retirement planning services are offered.
2001Mumbai, Maharashtra, IndiaUSD 142.4 MUSD 180.76 M1,840
Investment banking services are delivered across multiple financial sectors.
1869New York, New York, United States–USD 126.21 B46,500
Universal banking and financial advisory services are provided globally.
1865London, England, United Kingdom–USD 141.4 B211,000
Insurance and asset management services are offered in multiple regions.
1696London, England, United Kingdom–USD 78.79 B29,090
Online platform for stock trading, mutual funds, and investment tools.
1994Mumbai, Maharashtra, India–––
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Frequently Asked Questions about Entropy

Entropy was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Entropy is headquartered in New York, United States. It is registered at New York, New York, United States.

Entropy is a funded company, having raised a total of $28.76M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.81M, raised on Dec 2021.

Entropy is recognized as a provider of an autonomous agent network. Focus is placed on cryptography research and autonomous agents. Connections are maintained with entities like NuCypher, Polkadot, and Coinbase. Solutions are developed within the blockchain and decentralized technology sector.

Entropy's top competitors include Napier Park Global Capital, DigitalX and Diamond Lake Minerals.

Entropy offers Autonomous Agent Network.

Entropy has 10 investors. Key investors include DRAGONFLY, The LAO, Andreessen Horowitz, Ethereal Ventures, and Variant Fund.

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