About Kraken
Kraken is a company based in San Francisco (United States) founded in 2011 by Jesse Powell.. Kraken has raised $832.49 million across 8 funding rounds from investors including SBI Group, RIT Capital Partners and MoneyPartners Group. Kraken has completed 16 acquisitions, including BCM, BTrade and Backed Finance. Kraken operates in a competitive market with competitors including Coinbase, Bitso, KuCoin, Coinsquare and Wealthsimple, among others.
- Headquarter San Francisco, United States
- Founders Jesse Powell
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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
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Funding Insights of Kraken
Kraken has successfully raised a total of $832.49M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in November 2025. 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 8
- Last Round Series D — $200.0M
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First Round
First Round
(25 Mar 2014)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2025 | Amount | Series D - Kraken | Valuation | Citadel Securities |
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| Sep, 2025 | Amount | Series D - Kraken | Valuation | Jane Street | |
| Mar, 2021 | Amount | Series C - Kraken | Valuation | RIT Capital Partners |
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| 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 Kraken
Kraken has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include SBI Group, RIT Capital Partners and MoneyPartners Group. 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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Investments in early-stage startups are focused on by Hummingbird Ventures.
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Founded Year | Domain | Location | |
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Venture capital and private equity investments are made across technologies.
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Founded Year | Domain | Location | |
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Investments are made in global seed and early-stage startups.
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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 Kraken
Kraken has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include BCM, BTrade and Backed Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-asset trading access is provided to individual investors globally.
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2023 | ||||
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Tokenized assets and blockchain-based financial solutions are provided by Backed Finance.
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2021 | ||||
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Holdings in proof-of-stake cryptocurrencies are staked and lent by investors.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kraken
| 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 |
Kraken Comparisons
Competitors of Kraken
Kraken 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 Coinbase, Bitso, KuCoin, Coinsquare and Wealthsimple, 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 |
Cryptocurrency trading, storage, and exchange services are offered online.
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| domain | founded_year | HQ Location |
Cryptocurrencies are traded and exchanged through an online platform.
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| domain | founded_year | HQ Location |
Cryptocurrencies are bought, sold, and traded via this exchange platform.
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| domain | founded_year | HQ Location |
Digital assets are bought, sold, and traded on Coinsquare.
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services are provided.
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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 Kraken
Frequently Asked Questions about Kraken
When was Kraken founded?
Kraken was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Kraken located?
Kraken is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Kraken?
Arjun Sethi is the current CEO of Kraken.
Is Kraken a funded company?
Kraken is a funded company, having raised a total of $832.49M across 8 funding rounds to date.
What does Kraken do?
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.
How many acquisitions has Kraken made?
Kraken has made 16 acquisitions, including BCM, BTrade, and Backed Finance.
Who are Kraken's investors?
Kraken has 10 investors. Key investors include SBI Group, RIT Capital Partners, MoneyPartners Group, Hummingbird Ventures, and Citadel Securities.