About Portofino Technologies
Portofino Technologies is a company based in London (United Kingdom) founded in 2021 by Alex Casimo.. Portofino Technologies has raised $50 million across 1 funding round from investors including Valar Ventures, Global Founders Capital and Coatue. The company has 8 employees as of December 31, 2022. Portofino Technologies offers products and services including Market Making, OTC Trading, and Treasury Management. Portofino Technologies operates in a competitive market with competitors including Wintermute, Flowdesk, Keyrock, CoinAlpha and Jumbo.Exchange, among others.
- Headquarter London, United Kingdom
- Employees 8 as on 31 Dec, 2022
- Founders Alex Casimo
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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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- Legal Name Portofino Technologies Uk Ltd
- Date of Incorporation 07 Dec, 2021
- Jurisdiction ALTRINCHAM, CHESHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series C
Sep 15, 2022
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Investors
Valar Ventures
& 2 more
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Employee Count
8
as on Dec 31, 2022
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Products & Services of Portofino Technologies
Portofino Technologies offers a comprehensive portfolio of products and services, including Market Making, OTC Trading, and Treasury Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides ultra-low latency infrastructure for crypto market making.
Facilitates spot and derivatives trading across various crypto pairs.
Offers lending, borrowing, and risk hedging strategies for crypto assets.
Funding Insights of Portofino Technologies
Portofino Technologies has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in September 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 Total Funding
- Total Rounds 1
- Last Round Series C — $50.0M
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First Round
First Round
(15 Sep 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Portofino Technologies | Valuation | Valar Ventures , Global Founders Capital |
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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 Portofino Technologies
Portofino Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Valar Ventures, Global Founders Capital and Coatue. 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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Global investments in tech sectors are conducted by Valar Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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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 Portofino Technologies
| 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 |
Financial Statements - Portofino Technologies
| 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 |
Portofino Technologies Comparisons
Competitors of Portofino Technologies
Portofino Technologies 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 Wintermute, Flowdesk, Keyrock, CoinAlpha and Jumbo.Exchange, 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 |
Crypto-based algorithmic market maker for digital assets
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| domain | founded_year | HQ Location |
Crypto liquidity pool for digital assets marketplace
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| domain | founded_year | HQ Location |
Liquidity solutions and trading services for digital assets are provided.
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| domain | founded_year | HQ Location |
Crypto funds are operated on blockchain by CoinAlpha.
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| domain | founded_year | HQ Location |
Online platform offering an AMM DEX
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Portofino Technologies
Frequently Asked Questions about Portofino Technologies
When was Portofino Technologies founded?
Portofino Technologies was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Portofino Technologies located?
Portofino Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Portofino Technologies a funded company?
Portofino Technologies is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Sep 15, 2022.
How many employees does Portofino Technologies have?
As of Dec 31, 2022, the latest employee count at Portofino Technologies is 8.
What does Portofino Technologies do?
Portofino Technologies was founded in 2021 in London, United Kingdom, within the fintech sector focused on digital assets. Proprietary market-making technology is deployed across centralized, decentralized, and OTC markets. Token services and investments are offered to web3 companies to support their operations and growth in the digital asset ecosystem.
Who are the top competitors of Portofino Technologies?
Portofino Technologies's top competitors include Wintermute, Flowdesk and Keyrock.
What products or services does Portofino Technologies offer?
Portofino Technologies offers Market Making, OTC Trading, and Treasury Management.
Who are Portofino Technologies's investors?
Portofino Technologies has 3 investors. Key investors include Valar Ventures, Global Founders Capital, and Coatue.
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