Shipyard Software

San Francisco, United States Founded: 2021 • Age: 5 yrs Acquired By Sushi
End-to-end software solutions for crypto services are provided online.
Annual revenue - Latest available
Total funding $21.0M 1 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Shipyard Software

Shipyard Software is a company based in San Francisco (United States) founded in 2021 by Abe Othman and Mark Mattappally Lurie was acquired by Sushi in February 2025. Shipyard Software has raised $21 million across 1 funding round from investors including 1inch, Quantstamp and Polychain. Shipyard Software offers products and services including DEX for Traders, Perpetual Contracts DEX, OFAC Sanctions Tool, and B2B White-Label Product. Shipyard Software operates in a competitive market with competitors including Talos, Orderly Network, Tagomi, Finhaven and Eaglebrook, among others.

  • Headquarter San Francisco, United States
  • Founders Abe Othman, Mark Mattappally Lurie
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Shipyard Software Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $21 M (USD)

    in 1 rounds

  • Latest Funding Round
    $21 M (USD), Series B

    Jul 13, 2021

  • Investors
    1inch

    & 14 more

  • Employee Count
    Not available
  • Acquired by
    Sushi

    (Feb 21, 2025)

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Products & Services of Shipyard Software

Shipyard Software offers a comprehensive portfolio of products and services, including DEX for Traders, Perpetual Contracts DEX, OFAC Sanctions Tool, and B2B White-Label Product.

Product name locked
Category locked
Primary

Offers optimized prices for smaller crypto trades.

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Enables leveraged long positions in crypto repo trades.

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Provides blockchain-ready list for regulatory compliance in crypto.

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Allows brands to gamify platforms for community growth.

Funding Insights of Shipyard Software

Shipyard Software has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Series B round of $21 million completed in July 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.

Investors in Shipyard Software

Shipyard Software has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include 1inch, Quantstamp and Polychain.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Robot Ventures is associated with technology or robotics.
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Investments are made in early-stage tech startups by IOSG Ventures.
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Investor details for Shipyard Software

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Shipyard Software

Investments
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Investment portfolio details for Shipyard Software

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  • Transaction dates
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Financial Statements - Shipyard Software

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Detailed financials for Shipyard Software

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  • Profit trends
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Shipyard Software Comparisons

Shipyard Software Primary company
Description
End-to-end software solutions for crypto services are provid...
Location
San Francisco, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Shipyard Software

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Competitors of Shipyard Software

Shipyard Software 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 Talos, Orderly Network, Tagomi, Finhaven and Eaglebrook, among others.

Company Name Domain Founded year HQ Location Description
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Trade management solutions for digital assets are offered.
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Decentralized exchange protocol that offers spot & margin trading, perpetual swaps, and lending & borrowing
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Trade management solutions for cryptocurrency
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End-to-end capital market infrastructure and investment platform is facilitated.
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Crypto SMAs are managed for wealth managers and investors.
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Detailed competitors of Shipyard Software

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Latest news on Shipyard Software

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Complete news archive for Shipyard Software

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Frequently Asked Questions about Shipyard Software

Shipyard Software was founded in 2021.

Shipyard Software is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Mark Mattappally Lurie is the current CEO of Shipyard Software. They have also founded this company.

Shipyard Software is a funded company, having raised a total of $21M across 1 funding round to date.

Shipyard Software was founded in 2021 in San Francisco, United States, within the cryptocurrency software sector. An online platform is operated to deliver end-to-end solutions for crypto services. Clipper DEX is offered as an exchange for retail crypto traders. The product lineup includes swap tokens, pools, and coves, which facilitate alt-coin swaps via an ecosystem of small liquidity pools holding alt-coins and Clipper pool tokens.

Shipyard Software's top competitors include Talos, Orderly Network and Tagomi.

Shipyard Software offers DEX for Traders, Perpetual Contracts DEX, OFAC Sanctions Tool, and B2B White-Label Product.

Shipyard Software has 15 investors. Key investors include 1inch, Quantstamp, Polychain, Sushi, and FJ Labs.

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