About Shrimpy
Shrimpy is a Financial Services company based in Sunnyvale (United States) founded in 2017 by Matthew Wesly and Michael McCarty, and was acquired by BitcoinIRA in November 2023. It operates as an automated cryptocurrency portfolio balancing is enabled through exchange integrations. Its chief executive is Michael McCarty. Shrimpy offers products and services including Shrimpy Platform, Automations, and Backtesting. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Trading Enablers. Its legal entity is BENTHOS LABS, INC. Its competitors include Hedgehog, Pillow Fund, Onramp Invest, Marginfi and Blockfolio and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Shrimpy was founded in 2017 in Sunnyvale, United States, as a platform for managing cryptocurrency portfolios. Integration with exchanges such as Binance, Bittrex, and Poloniex is supported, allowing users to specify desired percentages for each coin. Automatic buying and selling are executed to maintain these balances. A dashboard is provided for monitoring asset performance in the cryptocurrency sector.
- Headquarters Sunnyvale, United States
- Founders Matthew Wesly, Michael McCarty
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website shrimpy.io
- Social LinkedIn X Facebook YouTube
- Acquired by BitcoinIRA (Nov 2023)
- Legal Name Benthos Labs, Inc
- InvestorsPlug and Play Tech Center
& 3 more
- Acquired byBitcoinIRA
(Nov 2023)
Products & Services of Shrimpy
Shrimpy offers a comprehensive portfolio of products and services, including Shrimpy Platform, Automations, and Backtesting.
Tool for automating crypto investments and strategy testing
Features for rebalancing portfolios and setting stop-losses
Simulates strategies using historical crypto data
Apps and channels of Shrimpy
its YouTube channel Shrimpy has 9.46K subscribers and 30 videos.
Videos from Shrimpy
The most watched videos on Shrimpy's YouTube channel, Shrimpy (9.46K subscribers). Click a video to play it here.
More on Shrimpy.
Funding Insights of Shrimpy
- Total Rounds 1
- Investors Count 3
All 1 funding rounds of Shrimpy 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 |
|---|---|---|---|---|---|
| Jul 2021 | – | Seed | – | Oriza Ventures, Plug and Play Tech Center | – |
4 investors in total: 4 institutional.
Investors in Shrimpy
Shrimpy has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, BitcoinIRA and Oriza Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | orizaventures.com | - | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Telescopic Ventures is focused on early-stage technology investments. | – | telescopicventures.com | Oakland, United States | |
Bitcoin and other cryptocurrencies are purchased via an online platform. | 2016 | bitcoinira.com | Los Angeles, United States |
Investor details for Shrimpy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Shrimpy
3 people are tracked at Shrimpy (3 in leadership).
| Name | Role | Group |
|---|---|---|
Matthew Wesly | Co-Founder & CTO | Leadership |
Michael McCarty | Co-Founder & CEO | Leadership |
Victor Bay | Head of Operations | Leadership |
Complete people profiles for Shrimpy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Shrimpy
3 dated milestones of Shrimpy across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Shrimpy is founded.
- Funding First funding round.
- Exit Acquired by BitcoinIRA.
Competitors of Shrimpy
Shrimpy has 9 listed competitors in our database, 9 of them funded. They include Hedgehog, Pillow Fund, Onramp Invest, Marginfi and Blockfolio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hedgehog.app | 2019 | Los Angeles, United States | $5.1M | – | Cryptocurrency portfolios are managed via trading, monitoring, and research tools. | |
| pillow.fund | 2021 | Bengaluru, India | $21M | – | Operates a digital platform for cryptocurrency exchange services. | |
| onrampinvest.com | 2018 | San Diego, United States | $13M | – | Cryptoasset management solutions are offered to financial advisors. | |
| marginfi.com | 2021 | Solana Beach, United States | $3M | – | Decentralized margin trading is enabled across the Solana ecosystem. | |
| blockfolio.com | 2014 | Los Angeles, United States | $14.67M | – | Crypto portfolios are tracked and managed via a mobile app. | |
| instadapp.io | 2018 | Hyderabad, India | $12.4M | – | Developer of decentralized finance (DeFi) applications and tools | |
| cryptio.co | 2017 | Paris, France | $25M | – | Cryptocurrency portfolios are managed and tracked via integrated platform. | |
| cryptact.com | 2018 | Chiyoda, Japan | $3.84M | – | Cryptocurrency portfolio management and tax solutions are provided to users. | |
| blockpit.io | 2017 | Hagenberg, Austria | $10M | – | Decentralized crypto tax reporting and portfolio management platform |
Detailed competitors of Shrimpy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Shrimpy
The website of Shrimpy (shrimpy.io) receives about 7.3K visits a month.
- Monthly visits7.3K
▼ 47.3% vs previous month
Websites whose visitors overlap most with Shrimpy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tokenomist.ai | tokenomist.ai | 100% | – | #220,171 | – |
| altfins.com | 99% | 291K | #187,201 | View details | |
| clarisco.com | 97% | 7.2K | #3,025,403 | View details | |
| livingfromtrading.com | 97% | – | #1,061,136 | View details | |
forexbee.co | forexbee.co | 97% | – | #298,319 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Shrimpy
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
10 companies that operate in the same segment as Shrimpy (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 | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
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, Ile de France, France | USD 575.4 M | – | 802 | |
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 | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Related news about Shrimpy
Complete news archive for Shrimpy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Shrimpy
Shrimpy was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Shrimpy is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Michael McCarty is the current CEO of Shrimpy. They have also founded this company.
Shrimpy was founded in 2017 in Sunnyvale, United States, as a platform for managing cryptocurrency portfolios. Integration with exchanges such as Binance, Bittrex, and Poloniex is supported, allowing users to specify desired percentages for each coin. Automatic buying and selling are executed to maintain these balances. A dashboard is provided for monitoring asset performance in the cryptocurrency sector.
Shrimpy's top competitors include Pillow Fund, Cryptact and Marginfi.
Shrimpy offers Shrimpy Platform, Automations, and Backtesting.
Shrimpy has 4 investors. Key investors include Plug and Play Tech Center, BitcoinIRA, Oriza Ventures, and Telescopic Ventures.
Shrimpy operates through Benthos Labs, Inc.
Yes. Shrimpy was acquired by BitcoinIRA in November 2023.