About OpenNode
OpenNode is a company based in Los Angeles (United States) founded in 2018 by Joao Almeida and Afnan Rahman. OpenNode has raised $22.5 million across 5 funding rounds from investors including European Union, Twitter and Kingsway Capital. OpenNode offers products and services including Bitcoin API, Hosted Checkout, and Integrations. OpenNode operates in a competitive market with competitors including Simplex, ACINQ, Helio, CoinPayments and Coinflow, among others.
- Headquarter Los Angeles, United States
- Founders Joao Almeida, Afnan Rahman
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website opennode.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$22.5M (USD)
in 5 rounds
- Latest Funding Round$20M (USD), Series A
Feb 2022
- InvestorsEuropean Union
& 4 more
Products & Services of OpenNode
OpenNode offers a comprehensive portfolio of products and services, including Bitcoin API, Hosted Checkout, and Integrations.
Enables instant Bitcoin payments and payouts for businesses.
Secure platform for accepting Bitcoin transactions online.
Plugins for seamless Bitcoin payment processing in applications.
Funding Insights of OpenNode
OpenNode has successfully raised a total of $22.5M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in February 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 $22.5M
- Total Rounds 5
- Last Round Series A — $20M
- First Round $1.25M
(Dec 2018)
- Investors Count 5
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $220M | •••••••• |
Last known valuation $220M (Feb 2022). 5 investors in total: 4 institutional and 1 angel.
Investors in OpenNode
OpenNode has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include European Union, Twitter and Kingsway Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Kingsway Capital is engaged in providing investment management services. | – | kingswaycap.com | London, United Kingdom | |
Early-stage technology companies receive venture capital investments. | – | draper.vc | San Mateo, United States | |
Social platform for microblogging | – | twitter.com | San Francisco, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
TD Tim Draper | Venture capitalist, founder of Draper Associates, early Bitcoin investor, active in India | – | unknown_cc02416902f54093a | - |
Investor details for OpenNode
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of OpenNode
9 people are tracked at OpenNode (9 in leadership).
| Name | Role | Group |
|---|---|---|
Joao Almeida | Co-Founder | Leadership |
Afnan Rahman | Co-Founder & CEO | Leadership |
João Almeida | Co-Founder & CTO | Leadership |
Matthew Fox | CEO | Leadership |
Christian Saw | Director Platform/Customer Operations | Leadership |
Chirag Patel | Director Platform/Customer Operations | Leadership |
Allen DeRonde | Head of Business Affairs | Leadership |
Rui Gomes | CTO | Leadership |
Jude Ogene | General Counsel and Chief Compliance Officer | Leadership |
Complete people profiles for OpenNode
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Timeline of OpenNode
4 dated milestones of OpenNode across 4 years, from founding to its latest funding, stage changes and deals.
- Founded OpenNode is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series A, of $20.0M.
- Milestone Reaches Minicorn status.
Competitors of OpenNode
OpenNode 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 Simplex, ACINQ, Helio, CoinPayments and Coinflow, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simplex.com | 2014 | Ramat Gan, Israel | $8M | 2 | AI-based crypto payments and fraud prevention are provided for businesses. | |
| acinq.co | 2014 | Paris, France | $9.7M | – | Crypto payment solutions are offered to businesses through API integration. | |
| hel.io | 2022 | London, United Kingdom | $3.3M | – | Seamless crypto checkout solutions are provided for merchants. | |
| coinpayments.net | 2013 | Vancouver, Canada | $30.1M | – | Cryptocurrency payments are facilitated through a merchant gateway. | |
| coinflow.cash | 2022 | Chicago, United States | $28.7M | – | Crypto-to-fiat payment solutions are provided to web3 companies. | |
| januar.com | 2017 | Copenhagen, Denmark | $10.59M | 15 | Financial infrastructure is provided for crypto businesses managing global payments. | |
| avaprotocol.org | 2021 | San Francisco, United States | $10M | – | Private autonomous transactions for Web3 are provided by Ava Protocol. | |
| neutronpay.com | 2018 | Vancouver, Canada | $3.75M | 4 | Payment gateway solutions for businesses are provided via Bitcoin Lightning. | |
| voltage.cloud | 2020 | Wichita, United States | $6M | – | Crypto payment acceptance solutions are provided for e-commerce via APIs. | |
| kotanipay.com | 2021 | Nairobi, Kenya | $2M | – | AI-backed payroll management platform for gig workers |
Detailed competitors of OpenNode
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 OpenNode
The website of OpenNode (opennode.com) receives about 17.9K visits a month.
- Monthly visits17.9K
▲ 4% vs previous month
Websites whose visitors overlap most with OpenNode. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| btcpayserver.org | 100% | 75.7K | #433,323 | View details | |
| bitcoinmagazine.com | 80% | 532.1K | #116,830 | View details | |
| nadcab.com | 60% | 26.8K | #341,322 | View details | |
| bvnk.com | 60% | 179.1K | #193,126 | View details |
Latest news on Opennode
Complete news archive for OpenNode
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- Full article archive
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Similar companies to OpenNode
10 companies that operate in the same segment as OpenNode (Cryptocurrencies), 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 | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about OpenNode
OpenNode was founded in 2018.
OpenNode is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Afnan Rahman is the current CEO of OpenNode. They have also founded this company.
OpenNode is a funded company, having raised a total of $22.5M across 5 funding rounds to date.
OpenNode was founded in 2018 in Los Angeles, United States, as a payments gateway focused on cryptocurrency transactions. Bitcoin acceptance is facilitated for businesses on websites using credit and debit cards, with conversions to local currency executed at transaction time to mitigate volatility risks. Solutions are provided to sectors including gaming, eCommerce, non-profits, and streaming services.
OpenNode's top competitors include Simplex, ACINQ and CoinPayments.
OpenNode offers Bitcoin API, Hosted Checkout, and Integrations.
OpenNode has 5 investors. Key investors include European Union, Twitter, Kingsway Capital, Tim Draper, and Draper Associates.
The valuation of OpenNode is $220M as of Feb 2022.