Safe Ecosystem Foundation

Zug, Switzerland Founded: 2018 • Age: 8 yrs
Decentralized custody protocol and asset management platform on Ethereum and the EVM
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About Safe Ecosystem Foundation

Safe Ecosystem Foundation is a company based in Zug (Switzerland) founded in 2018 by Lukas Schor and Christoph Simmchen.. Safe Ecosystem Foundation has raised $100 million across 1 funding round from investors including Lightspeed Venture Partners, Digital Currency Group and ParaFi. Safe Ecosystem Foundation has completed 1 acquisition, including Multis. Safe Ecosystem Foundation offers products and services including Safe WALLET, Safe CORE, and Safe Smart Account. Safe Ecosystem Foundation operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.

  • Headquarter Zug, Switzerland
  • Founders Lukas Schor, Christoph Simmchen
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Jul 15, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Safe Ecosystem Foundation

Safe Ecosystem Foundation offers a comprehensive portfolio of products and services, including Safe WALLET, Safe CORE, and Safe Smart Account. 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

Secure multi-sig wallet for managing blockchain assets and transactions.

Account abstraction stack for building secure smart accounts on blockchain.

Modular smart account for enhanced blockchain asset protection and usage.

People of Safe Ecosystem Foundation
Headcount 50-200
Employee Profiles 19
Employee Profiles
People
Lukas Schor
Co-founder
People
Tania Schultz
HR Lead, People Business Partner
People
Jacob Senftinger
General Counsel & Chief Of Staff
People
Patrick Nick
Head Of Legal

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Funding Insights of Safe Ecosystem Foundation

Safe Ecosystem Foundation has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series D round of $100 million completed in July 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 Rounds 1
  • Last Round Series D — $100.0M
  • First Round

    (15 Jul 2022)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series D - Safe Ecosystem Foundation Valuation 1kx
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 Safe Ecosystem Foundation

Safe Ecosystem Foundation has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Digital Currency Group and ParaFi. 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
ICO-based venture capital fund
Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
Founded Year Domain Location
Venture capital investments target early-stage tech startups.
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 Safe Ecosystem Foundation

Safe Ecosystem Foundation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Multis. 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 treasury management software for businesses
2019
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 - Safe Ecosystem Foundation

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

Safe Ecosystem Foundation Comparisons

Employees
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Competitors of Safe Ecosystem Foundation

Safe Ecosystem Foundation 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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
Developer of blockchain and web3 software platform
domain founded_year HQ Location
Mobile app for storing and trading cryptocurrencies is utilized.
domain founded_year HQ Location
App-based wallet and exchange platform for cross-border money transfers
domain founded_year HQ Location
Digital wallet for Bitcoin assets
domain founded_year HQ Location
Crypto trading, loans, interest accounts, and wallets are offered online.
domain founded_year HQ Location
App-based trading and deposit solutions for cryptocurrency are provided.
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 Safe Ecosystem Foundation

Frequently Asked Questions about Safe Ecosystem Foundation

When was Safe Ecosystem Foundation founded?

Safe Ecosystem Foundation was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Safe Ecosystem Foundation located?

Safe Ecosystem Foundation is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.

Is Safe Ecosystem Foundation a funded company?

Safe Ecosystem Foundation is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series D of $100M, raised on Jul 15, 2022.

What does Safe Ecosystem Foundation do?

The Safe Ecosystem Foundation was established in 2018 in Zug, Switzerland, within the blockchain and decentralized finance sector. A decentralized custody protocol and asset management platform are operated on Ethereum and compatible EVM chains. Core is included in the product portfolio as an account abstraction tool that enables access to account information for powering applications, alongside a web3 wallet designed for digital asset management.

Who are the top competitors of Safe Ecosystem Foundation?

Safe Ecosystem Foundation's top competitors include Uphold, Luno and Consensys.

What products or services does Safe Ecosystem Foundation offer?

Safe Ecosystem Foundation offers Safe WALLET, Safe CORE, and Safe Smart Account.

How many acquisitions has Safe Ecosystem Foundation made?

Safe Ecosystem Foundation has made 1 acquisition, including Multis.

Who are Safe Ecosystem Foundation's investors?

Safe Ecosystem Foundation has 10 investors. Key investors include Lightspeed Venture Partners, Digital Currency Group, ParaFi, 1kx, and Tiger Global.

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