R3

London, United Kingdom Founded: 2014 • Age: 12 yrs
Provider of digital currency, digital asset and interoperability solutions
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About R3

R3 is a company based in London (United Kingdom) founded in 2014 by David Rutter.. R3 has raised $112 million across 4 funding rounds from investors including Yes Bank, Barclays and UBS. R3 has completed 2 acquisitions, including Adbrands.net and Ivno. R3 offers products and services including Corda, R3 Digital Markets, R3 Digital Lab, R3 Digital Assets, and R3 Digital Currency. R3 operates in a competitive market with competitors including PayPal, Zscaler, Binance, Chainalysis and Synchrony, among others.

  • Headquarter London, United Kingdom
  • Founders David Rutter
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $112 M (USD)

    in 4 rounds

  • Latest Funding Round
    $14.5 M (USD), Debt – Conventional

    Jul 11, 2019

  • Investors
    Yes Bank

    & 27 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of R3

R3 offers a comprehensive portfolio of products and services, including Corda, R3 Digital Markets, R3 Digital Lab, R3 Digital Assets, and R3 Digital Currency. 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.

Primary

Award-winning platform for financial asset digitalization and secure transactions.

Tools to accelerate production and lower costs in digital financial markets.

Platform for developing and testing financial technology solutions.

Solutions for managing and tokenizing digital and real-world assets.

Systems for digital currency issuance and offline payments.

People of R3
Headcount 200-500
Employee Profiles 63
Board Members and Advisors 1
Employee Profiles
People
David E. Rutter
Founder & CEO
People
Pavel Nenov
Staff Software Engineer
People
Sneha Damle
Technical Product Owner
People
Aditya Ratna Shakya
Software Engineer

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Board Members and Advisors
people
Mike Hearn
Technical Adviser

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Funding Insights of R3

R3 has successfully raised a total of $112M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $14.5 million completed in July 2019. 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 Rounds 4
  • Last Round Debt – Conventional — $14.5M
  • First Round

    (23 May 2017)

  • Investors Count 28
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Debt – Conventional - R3 Valuation

investors

Jun, 2018 Amount Series A - R3 Valuation TIS
May, 2018 Amount Series A - R3 Valuation CLS Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in R3

R3 has secured backing from 28 investors, including institutional and venture fund investors. Prominent investors backing the company include Yes Bank, Barclays and UBS. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital funding is provided by HSBC-backed firm in London.
Founded Year Domain Location
Venture capital funds are managed to support unlisted companies' growth.
Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by R3

R3 has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Adbrands.net and Ivno. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cryptocurrency token is provided for B2B payments and settlements.
2018
Branding and advertising services are provided to clients worldwide.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - R3

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

R3 Comparisons

Employees
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Competitors of R3

R3 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 PayPal, Zscaler, Binance, Chainalysis and Synchrony, 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
Online payment solutions are offered to consumers and businesses.
domain founded_year HQ Location
Cybersecurity and zero trust solutions are delivered for secure networks.
domain founded_year HQ Location
Online exchange platform for cryptocurrency
domain founded_year HQ Location
Blockchain data platform insights for cryptocurrency are delivered.
domain founded_year HQ Location
Synchrony is engaged in providing credit cards and banking services.
domain founded_year HQ Location
Hybrid cloud infrastructure solutions are delivered for business management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on R3

Frequently Asked Questions about R3

When was R3 founded?

R3 was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is R3 located?

R3 is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of R3?

David Rutter is the current CEO of R3. They have also founded this company.

Is R3 a funded company?

R3 is a funded company, having raised a total of $112M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 23, 2017.

What does R3 do?

Founded in 2014 and headquartered in London, United Kingdom, R3 operates in the financial technology sector. Digital currency and asset solutions are delivered to central banks, corporations, and financial market infrastructures. Tools for managing digitization complexities and token creation are supplied. Enterprise technologies and services enable direct digital collaboration, with operations centered on real-world asset tokenization and digital currency applications.

Who are the top competitors of R3?

R3's top competitors include Binance, Zscaler and Snowflake.

What products or services does R3 offer?

R3 offers Corda, R3 Digital Markets, R3 Digital Lab, R3 Digital Assets, and R3 Digital Currency.

How many acquisitions has R3 made?

R3 has made 2 acquisitions, including Adbrands.net, and Ivno.

Who are R3's investors?

R3 has 28 investors. Key investors include Yes Bank, Barclays, UBS, Canadian Imperial Bank of Commerce, and CommBank.

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