About Kraken
Kraken is a Financial Services company based in San Francisco (United States) founded in 2011 by Jesse Powell. Kraken has raised $866.01 million across 9 funding rounds from investors including Animoca Brands, Citadel Securities and SBI Group. The company has 1,179 employees. Kraken has completed 17 acquisitions, including BCM, BTrade and Backed Finance. Kraken was last valued at $12.19 billion in June 2026. Its chief executive, as recorded, is Arjun Sethi. Its website kraken.com draws about 8.4 million monthly visits. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its competitors include Coinbase and CoinList; 2 of its 2 listed competitors have raised funding.
Company details
Provider of an app-based trading and exchange platform for cryptocurrency. It provides users with a platform that allows users to buy, sell, and trade multiple digital currencies such as bitcoin, litecoin, ripple, ven, and more. It supports margin trading, advanced ordering, fast deposits and withdrawals, accounts management, staking, and more.
- Headquarters San Francisco, United States
- Employees 1,179
- Founders Jesse Powell
- Stage Unicorn
- SectorsFinancial Services
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website kraken.com
- Social LinkedIn X Facebook
- Total Equity Funding$866.01M (USD)
in 9 rounds
- Latest Funding Round$34.21M (USD), Series D
Feb 2026
- InvestorsAnimoca Brands
& 85 more
- Employee Count1,179
- Investments & AcquisitionsBCM
& 16 more
Apps and channels of Kraken
Kraken publishes 4 mobile apps with over 2.1M+ downloads.
Funding Insights of Kraken
Kraken has successfully raised a total of $866.01M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $34.21 million completed in February 2026. 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 $866.01M
- Total Rounds 9
- Last Round Series D — $34.21M
- First Round $5M
(Mar 2014)
- Investors Count 86
All 9 funding rounds of Kraken 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 |
|---|---|---|---|---|---|
| Feb 2026 | $34.21M | Series D | – | – | |
| Nov 2025 | $200M | Series D | – | Citadel Securities | – |
| Sep 2025 | $600M | Series D | – | Jane Street | |
| Mar 2021 | Series C | – | RIT Capital Partners | – | |
| May 2020 | $13.99M | Series C | – | – | – |
| Jun 2019 | $13.5M | Series C | – | – | – |
| Apr 2016 | Series B | – | MoneyPartners Group | – | |
| Feb 2016 | Series B | – | SBI Group | – | |
| Mar 2014 | $5M | Series A | – | Hummingbird Ventures | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Kraken
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $12.19B (Jun 2026). 86 investors in total: 85 institutional and 1 angel.
Investors in Kraken
Kraken has secured backing from 86 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Animoca Brands, Citadel Securities and SBI Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage startups are focused on by Hummingbird Ventures. | hummingbird.vc | London, United Kingdom | ||
Venture capital and private equity investments are made across technologies. | hsgcap.com | Hong Kong, China | ||
Investments are made in global seed and early-stage startups. | 2018 | tribecap.co | Menlo Park, United States | |
Private debt fund and fund of funds focused on startups | 2014 | british-business-bank.co.uk | Sheffield, United Kingdom | |
Early-stage investments and mentoring services are conducted by Astir Ventures in various locations. | astir.vc | San Jose, United States | ||
Multiple sectors are invested in by Circusitlogic's venture capital fund. | circusitlogic.com | Bucharest, Romania | ||
Venture capital is directed toward multiple sectors by Unanimous Capital. | unanimous.vc | San Mateo, United States | ||
Tech startups are funded by Newman Capital's venture capital operations. | newmancapital.com | Tsim Sha Tsui, China | ||
Investments in tech startups are made by Evolution VC Partners. | evolutionvcp.com | New York, United States | ||
Investments in fintech startups are made by Armyn Capital. | armyn.capital | Hong Kong, China |
Investor details for Kraken
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 Kraken
183 people are tracked at Kraken (79 in leadership, 104 in team); the tracked headcount is 1,179.
| Name | Role | Group |
|---|---|---|
Jesse Powell | Co-Founder | Leadership |
Arjun Sethi | Co-CEO | Leadership |
David Ripley | Co-CEO | Leadership |
Brett McLain | Head Of Payments And Blockchain | Leadership |
Stephanie Lemmerman | Chief Financial Officer | Leadership |
Brian Gahan | Managing Director, Europe | Leadership |
Crystal Noe | Sr. Director - Enterprise Client Data Officer & Sanctions Advisor | Leadership |
Paul Ellis | Global Talent Partner | Leadership |
Mark Greenberg | VP Product & Global Head, Consumer Business | Leadership |
Fionnuala J. | Head Of Compliance Europe | Leadership |
Mike Nydegger | Global Head Of Tax | Leadership |
Tracy Hoyos-López | Chief Of Staff Of Strategic Initiatives | Leadership |
Pedro Lemos | Chief Of Staff | Leadership |
Evan Kohn | Global Head Of Marketing & Growth | Kraken Pro & Institutional | VIP Relationship Management | Leadership |
Darpan Khanna | Sr. Director - Global Head Of Compliance Strategy | Leadership |
John Zettler | Director Of Product, Earn | Leadership |
Felipe Maurano | Head Of Regional Growth - Latam | Leadership |
Natasha Powell | Chief Compliance Officer (uk) | Leadership |
Noha Afifi | Global Senior Director Of Client Onboarding | Leadership |
Andy Quach | Head Of Commercial, UK | Leadership |
163 more people are available in the full profile.
Complete people profiles for Kraken
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Kraken
Kraken has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include BCM, BTrade and Backed Finance.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Tokenized assets and blockchain-based financial solutions are provided by Backed Finance. | backed.fi | Baar, Switzerland | 2021 | Dec 2025 | •••• | |
Multi-asset trading access is provided to individual investors globally. | breakoutprop.com | Tampa, United States | 2023 | Sep 2025 | •••• | |
AI-based trading automation is offered to brokerage firms. | capitalise.ai | Tel Aviv, Israel | 2015 | Aug 2025 | •••• | |
Online trading software | ninjatrader.com | Denver, United States | 2003 | Mar 2025 | $1.5B | |
Discount brokerage services for stock trading are provided. | tradestation.com | Plantation, United States | 1982 | Apr 2024 | •••• | |
BCM is a cryptocurrency trading platform acquired by Kraken. | bcmtoday.com | Aalsmeer, Netherlands | 2017 | Oct 2023 | •••• | |
Holdings in proof-of-stake cryptocurrencies are staked and lent by investors. | staked.us | New York, United States | 2018 | Dec 2021 | •••• | |
Online trading platform for cryptocurrencies | btrade.io | Sydney, Australia | 2013 | Jan 2020 | •••• | |
Encrypted portfolio management for cryptocurrency investors is provided. | interchangehq.com | San Francisco, United States | 2017 | Jul 2019 | •••• | |
Online Bitcoin exchange in Netherlands. | clevercoin.com | Eindhoven, Netherlands | 2013 | Feb 2019 | •••• |
Complete acquisition details for Kraken
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Kraken
14 dated milestones of Kraken across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Kraken is founded.
- Funding First funding round of $5.0M.
- Acquisition Acquires CleverCoin.
- Acquisition Acquires Interchange HQ.
- Acquisition Acquires BTrade.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Staked.
- Acquisition Acquires BCM.
- Acquisition Acquires TradeStation.
- Acquisition Acquires NinjaTrader.
- Acquisition Acquires Capitalise.ai.
- Acquisition Acquires Breakout Prop.
- Acquisition Acquires Backed Finance.
- Funding Latest funding round, Series D, of $34.2M.
Competitors of Kraken
Kraken has 2 listed competitors in our database, 2 of them funded. They include Coinbase and CoinList.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 Kraken
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 Kraken
The website of Kraken (kraken.com) receives about 8.4M visits a month and ranks #5,207 among all websites worldwide, #334 in Finance.
- Monthly visits8.4M
▼ 7% vs previous month
- Unique visitors2.4M
per month
- Global rank#5,207
among all websites
- Category rank#334
Finance · Finance
- Bounce rate39%
- Pages per visit6.0
- Average visit4 min 02 sec
- DevicesDesktop 53% · Mobile 47%
Websites whose visitors overlap most with Kraken. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bitstamp.net | 100% | 672.4K | #65,464 | View details | |
| btc-e.com | 99% | View details | |||
shop.ledger.com | shop.ledger.com | 83% | #73,759 | – | |
| trustpilot.com | 82% | 91.2M | #636 | View details | |
| btcc.com | 81% | 11.3M | #2,571 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Kraken
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Cryptocurrencies
3 companies that operate in the same segment as Kraken (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 Kraken
Complete news archive for Kraken
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Frequently Asked Questions about Kraken
Kraken was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Kraken is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Arjun Sethi is the CEO of Kraken, as recorded in our data.
Kraken is a funded company, having raised a total of $866.01M across 9 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Mar 2014.
Kraken has 1,179 employees.
Provider of an app-based trading and exchange platform for cryptocurrency. It provides users with a platform that allows users to buy, sell, and trade multiple digital currencies such as bitcoin, litecoin, ripple, ven, and more. It supports margin trading, advanced ordering, fast deposits and withdrawals, accounts management, staking, and more.
Kraken has made 17 acquisitions, including BCM, BTrade, and Backed Finance.
Kraken has 86 investors. Key investors include Animoca Brands, Citadel Securities, SBI Group, General Electric, and Tribe Capital.
The valuation of Kraken is $12.19B as of Jun 2026.
Yes. Kraken publishes Kraken: Buy Stocks & Crypto and 3 more apps, with over 2.1 million downloads.
The website of Kraken receives about 8.4 million visits a month and ranks #5,207 among all websites worldwide.