About Gem
Gem is a Financial Services company based in Los Angeles (United States) founded in 2013, and was acquired by Blockdaemon in March 2022. Cryptocurrency portfolios are managed with real-time exchange and wallet data. Gem has raised $10.4 million across 5 funding rounds from investors including Blockdaemon, Wavemaker Partners and Digital Currency Group. The company has 3 employees. The company was acqui-hired. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Trading Enablers. Its legal entity is BITVAULT INC. DBA GEM. Its competitors include FDCTech, Buttercoin and Match-Trade Technologies; 2 of its 3 listed competitors have raised funding.
Company details
Gem was founded in 2013 in Los Angeles, United States, as a platform in the cryptocurrency sector. Balances across multiple exchange accounts and offline wallets are monitored in real time. Data is automatically retrieved from 20 integrated exchanges, covering more than 1500 cryptocurrencies. Storage, receipt, and sending of digital assets are facilitated through the service. Private beta access was initiated in July 2018.
- Headquarters Los Angeles, United States
- Employees 3
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website gem.co
- Social LinkedIn X Facebook
- Acquired by Blockdaemon (Mar 2022)
- Legal Name Bitvault Inc. Dba Gem
- Total Equity Funding$10.4M (USD)
in 5 rounds
- Latest Funding Round$7.1M (USD), Series A
Jan 2016
- InvestorsBlockdaemon
& 17 more
- Employee Count3
- Acquired byBlockdaemon
(Mar 2022)
Funding Insights of Gem
Gem has successfully raised a total of $10.4M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.1 million completed in January 2016. 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 $10.4M
- Total Rounds 5
- Last Round Series A — $7.1M
- Investors Count 17
All 5 funding rounds of Gem 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 |
|---|---|---|---|---|---|
| Jan 2016 | $7.1M | Series A | – | Pelion Venture Partners | |
| Apr 2015 | $1.3M | Seed | – | KEC Ventures | |
| Sep 2014 | $2M | Seed | – | First Round Capital, Tekton Ventures | |
| Feb 2014 | Seed | – | – | ||
| Jan 2014 | Seed | – | – |
18 investors in total: 16 institutional and 2 angel.
Investors in Gem
Gem has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blockdaemon, Wavemaker Partners and Digital Currency Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused early-stage VC firm | pelionvp.com | Salt Lake City, United States | ||
Seed stage venture capital firm investing in the US | kecventures.com | New York, United States | ||
Venture capital firm investing in the blockchain sector | blockchain.capital | San Francisco, United States | ||
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
VC firm investing in seed and early stage companies in the US, UK, Israel, and parts of Asia | tektonventures.com | San Francisco, United States | ||
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
US focused early-stage VC firm investing in tech & life sciences start-ups | birchmerevc.com | Pittsburgh, United States | ||
Investments are made in US pre-seed and seed tech companies. | barodaventures.com | Beverly Hills, United States | ||
Startups in diverse technology sectors are incubated by Idealab. | idealab.com | Pasadena, United States | ||
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States |
Investor details for Gem
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.
Timeline of Gem
4 dated milestones of Gem across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Gem is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $7.1M.
- Exit Acquired by Blockdaemon.
Competitors of Gem
Gem has 3 listed competitors in our database, 2 of them funded. They include FDCTech, Buttercoin and Match-Trade Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fdctech.com | 2016 | Irvine, United States | $98,000 | Trade management solutions are provided for forex and cryptocurrency brokers. | ||
| buttercoin.com | 2013 | Palo Alto, United States | $1.38M | Delivers white-label bitcoin exchange services for businesses. | ||
| match-trade.com | 2013 | Irvine, United States | Develops trading platforms, servers, and CRM for Forex brokers worldwide. |
Detailed competitors of Gem
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.
Web traffic of Gem
Websites that share an audience with Gem (gem.co).
Websites whose visitors overlap most with Gem. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sfox.com | 100% | 31.1K | #898,968 | View details | |
| kecventures.com | 98% | View details | |||
| bitwall.io | 63% | View details | |||
| btcjam.com | 58% | View details | |||
| gyft.com | 58% | 173.5K | #228,298 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Gem
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Gem (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 Gem
Complete news archive for Gem
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Frequently Asked Questions about Gem
Gem was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Gem is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Gem is a funded company, having raised a total of $10.4M across 5 funding rounds to date.
Gem was founded in 2013 in Los Angeles, United States, as a platform in the cryptocurrency sector. Balances across multiple exchange accounts and offline wallets are monitored in real time. Data is automatically retrieved from 20 integrated exchanges, covering more than 1500 cryptocurrencies. Storage, receipt, and sending of digital assets are facilitated through the service. Private beta access was initiated in July 2018.
Gem's top competitors include FDCTech, Buttercoin and Match-Trade Technologies.
Gem has 18 investors. Key investors include Blockdaemon, Wavemaker Partners, Digital Currency Group, BTCS, and Pelion Venture Partners.
Gem operates through Bitvault Inc. Dba Gem.
Yes. Gem was acquired by Blockdaemon in March 2022.