
About Path Finance
Path Finance is a Financial Services company based in Chicago (United States) founded in 2019 by Stephen Beavis. It operates as a platform for investing managing the crypto portfolio. Path Finance has raised $36 million across 2 funding rounds from investors including CoinFund, Alameda Research and Mirana Ventures. The company has 26 employees. Path Finance has completed 1 acquisition, including Alertatron. Path Finance offers products and services including Stacked Managed Portfolios, Self-Directed & Wallet, and Mobile App. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms. Its legal entity is PATH DIGITAL ADVISORS, LLC. Its competitors include KuCoin, Bitso, Coinsquare, Coinbase and Kraken and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Path Finance was founded in 2019 in Chicago, United States, as a platform focused on cryptocurrency investing and portfolio management. Services provided include investments in crypto indices, access to trading bots, automated portfolio management, and a custom backtesting engine for evaluating historical index strategies. Operations support long-term investments and diversification across digital assets in the fintech sector.
- Headquarters Chicago, United States
- Employees 26
- Founders Stephen Beavis
- SectorsFinancial Services
- Website pathcrypto.com
- Social LinkedIn X Facebook Instagram
- Legal Name Path Digital Advisors, Llc
- Total Equity Funding$36M (USD)
in 2 rounds
- Latest Funding Round$35M (USD), Series A
Dec 2021
- InvestorsCoinFund
& 6 more
- Employee Count26
- Investments & Acquisitions
Products & Services of Path Finance
Path Finance offers a comprehensive portfolio of products and services, including Stacked Managed Portfolios, Self-Directed & Wallet, and Mobile App.
Automated tool for risk-adjusted crypto portfolio building and management
Platform for users to buy, sell, and track their own crypto assets
Application for on-the-go portfolio tracking and investment decisions
Funding Insights of Path Finance
Path Finance has successfully raised a total of $36M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in December 2021. 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 $36M
- Total Rounds 2
- Last Round Series A β $35M
- First Round $1M
(Sep 2020)
- Investors Count 7
All 2 funding rounds of Path Finance 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 |
|---|---|---|---|---|---|
| Dec 2021 | $35M | Series A | β | Alameda Research, Mirana | |
| Sep 2020 | $1M | Seed | β | β |
7 investors in total: 7 institutional.
Investors in Path Finance
Path Finance has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include CoinFund, Alameda Research and Mirana Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mirana Ventures is focused on blockchain and Web3 investments. | – | mirana.xyz | - | |
Venture capital is invested in fintech sectors by the firm. | – | fisv.com | London, United Kingdom | |
Venture capital and funds of fund firm focused on multiple sectors | – | jumpcap.com | Chicago, United States | |
Venture capital investing and portfolio management services for accredited investors. | – | av.vc | - | |
Operates a digital hub for cryptocurrency trading and services. | 2017 | alameda-research.com | San Francisco, United States | |
Diversified trading firm providing liquidity and technology solutions in finance. | 1992 | drw.com | Chicago, United States | |
Capital and support are provided to early-stage web3 companies. | 2016 | coinfund.io | Brooklyn, United States |
Investor details for Path Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Path Finance
6 people are tracked at Path Finance (4 in leadership, 2 in team); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Stephen Beavis | Co-Founder | Leadership |
Joel B. | Founder & CEO, Executive Board Member | Leadership |
Alan Eschweiler | Chief Operating Officer | Leadership |
Colin Ahern | VP of Engineering | Leadership |
Abby MacCormack, MBA, SHRM-CP, CPSP | Human Resources Manager | Team |
Kyle Schmidt | Portfolio Manager | Team |
Complete people profiles for Path Finance
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Investments & Acquisitions by Path Finance
Path Finance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alertatron.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Blockchain trading services are provided through Alertatron's platform. | alertatron.com | Charlestown, United States | 2019 | Jan 2021 | β’β’β’β’ |
Complete acquisition details for Path Finance
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Path Finance
4 dated milestones of Path Finance across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Path Finance is founded.
- Funding First funding round of $1.0M.
- Acquisition Acquires Alertatron.
- Funding Latest funding round, Series A, of $35.0M.
Competitors of Path Finance
Path Finance has 9 listed competitors in our database, 9 of them funded. They include KuCoin, Bitso, Coinsquare, Coinbase and Kraken, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kucoin.com | 2017 | Mahe, Seychelles | $180M | – | Cryptocurrencies are bought, sold, and traded via this exchange platform. | |
| bitso.com | 2014 | Mexico | $331.35M | – | Cryptocurrencies are traded and exchanged through an online platform. | |
| coinsquare.com | 2014 | Toronto, Canada | $124.67M | – | Digital assets are bought, sold, and traded on Coinsquare. | |
| coinbase.com | 2012 | San Francisco, United States | $546.62M | 3,416 | Cryptocurrency trading, storage, and exchange services are offered online. | |
| kraken.com | 2011 | San Francisco, United States | $32.49M | 4 | Provider of an app-based trading and exchange platform for cryptocurrency | |
| wealthsimple.com | 2014 | Toronto, Canada | $1.29B | 1,251 | Online robo advisory and stock trading services are provided. | |
| bitflyer.com | 2014 | Chiba, Japan | $36.61M | 15 | Bitcoin is bought, sold, and traded via an online platform. | |
| coinlist.co | 2017 | San Francisco, United States | $119.2M | 27 | App-based trading platform for cryptocurrency | |
| binance.us | 2019 | San Francisco, United States | $200M | – | Cryptocurrency trading is enabled through a mobile application platform. |
Detailed competitors of Path Finance
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 Path Finance
The website of Path Finance (pathcrypto.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 19.8% vs previous month
Websites whose visitors overlap most with Path Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gordiangroup.com | 100% | 5.6K | #3,769,698 | View details |
Top companies in Cryptocurrencies
10 companies that operate in the same segment as Path Finance (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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Related news about Path Finance
Complete news archive for Path Finance
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Frequently Asked Questions about Path Finance
Path Finance was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Path Finance is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Path Finance is a funded company, having raised a total of $36M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Sep 2020.
Path Finance has 26 employees.
Path Finance was founded in 2019 in Chicago, United States, as a platform focused on cryptocurrency investing and portfolio management. Services provided include investments in crypto indices, access to trading bots, automated portfolio management, and a custom backtesting engine for evaluating historical index strategies. Operations support long-term investments and diversification across digital assets in the fintech sector.
Path Finance offers Stacked Managed Portfolios, Self-Directed & Wallet, and Mobile App.
Path Finance has made 1 acquisition, including Alertatron.
Path Finance has 7 investors. Key investors include CoinFund, Alameda Research, Mirana Ventures, Fidelity International Strategic Ventures, and DRW Trading Group.
Path Finance operates through Path Digital Advisors, Llc.
