Solrise

London, United Kingdom Founded: 2021 • Age: 5 yrs
Blockchain-based platform for the finance industry
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About Solrise

Solrise is a company based in London (United Kingdom) founded in 2021 by Matthew Martin.. Solrise has raised $3.4 million across 2 funding rounds from investors including Delphi Digital, ParaFi and Alameda Research. Solrise offers products and services including Solflare Wallet, NFT Gallery, and Quick Transfer Service. Solrise operates in a competitive market with competitors including Ripple, Compound, Axoni, Injective and Pi Network, among others.

  • Headquarter London, United Kingdom
  • Founders Matthew Martin
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.4 M (USD), Series A

    Jul 06, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Solrise

Solrise offers a comprehensive portfolio of products and services, including Solflare Wallet, NFT Gallery, and Quick Transfer Service. 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 platform for trading, staking, and managing crypto assets on Solana.

Tool for buying, collecting, and selling NFTs within the Solana ecosystem.

Feature for fast sending and receiving of Solana-based assets.

Funding Insights of Solrise

Solrise has successfully raised a total of $3.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.4 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $3.4M
  • First Round

    (05 Jul 2021)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series A - Solrise Valuation Alameda Research , CMS Holdings
Jul, 2021 Amount Token Sale - Solrise Valuation

investors

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 Solrise

Solrise has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Delphi Digital, ParaFi and Alameda Research. 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 and funds of fund firm focused on multiple sectors
Founded Year Domain Location
Investments are focused on crypto and tech companies by ParaFi.
Founded Year Domain Location
Alliance is recognized as a leading crypto startup accelerator.
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 Solrise

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

Financial Statements - Solrise

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

Solrise Comparisons

Employees
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Competitors of Solrise

Solrise 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 Ripple, Compound, Axoni, Injective and Pi Network, 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
Blockchain-based payment network for cross-border transfers is developed.
domain founded_year HQ Location
P2P lending platform based on the Ethereum blockchain
domain founded_year HQ Location
A blockchain network for capital markets is operated.
domain founded_year HQ Location
Programmable processor architecture is developed for energy-efficient computing.
domain founded_year HQ Location
Provider of blockchain-based platform offering to mine coins
domain founded_year HQ Location
Index investing in cryptocurrencies is managed by Hashdex.
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 Solrise

Frequently Asked Questions about Solrise

When was Solrise founded?

Solrise was founded in 2021.

Where is Solrise located?

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

Is Solrise a funded company?

Solrise is a funded company, having raised a total of $3.4M across 2 funding rounds to date. The company's 1st funding round was a Token Sale of $3.33M, raised on Jul 05, 2021.

What does Solrise do?

Solrise was founded in 2021 and is headquartered in London, United Kingdom. A blockchain-based platform is operated within the finance industry, where tools are supplied to fund managers for fund establishment and to investors for hedge-fund level setup. Capabilities for fund exploration and oversight are also included in the services offered.

Who are the top competitors of Solrise?

Solrise's top competitors include Ripple, Compound and Injective.

What products or services does Solrise offer?

Solrise offers Solflare Wallet, NFT Gallery, and Quick Transfer Service.

Who are Solrise's investors?

Solrise has 8 investors. Key investors include Delphi Digital, ParaFi, Alameda Research, CMS Holdings, and Jump Capital.

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