About Strike
Strike is a company based in Chicago (United States) founded in 2018.. Strike has raised $90 million across 2 funding rounds from investors including General Atlantic, University of Wyoming and Washington University. Strike offers products and services including Strike App, Lightning Payments, and Global Money Transfers. Strike operates in a competitive market with competitors including Phantom, Rainbow, imToken, Ripio and Argent, among others.
- Headquarter Chicago, United States
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$90 M (USD)
in 2 rounds
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Latest Funding Round
$90 M (USD), Series B
Sep 27, 2022
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Investors
General Atlantic
& 3 more
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Employee Count
Employee Count
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Products & Services of Strike
Strike offers a comprehensive portfolio of products and services, including Strike App, Lightning Payments, and Global Money Transfers. 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.
App for buying, selling, and sending bitcoin with low fees.
Service for instant bitcoin transactions via Lightning Network.
Tool for sending funds internationally with no transaction fees.
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Funding Insights of Strike
Strike has successfully raised a total of $90M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $90 million completed in September 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 Funding
- Total Rounds 2
- Last Round Series B — $90.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Strike | Valuation | TEN31 | |
| Dec, 2021 | Amount | Private Equity Round - Strike | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Strike
Strike has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include General Atlantic, University of Wyoming and Washington University. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on global markets
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Crypto banking solutions are delivered via an integrated platform.
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Multiple courses and degrees are offered across diversified streams.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Strike
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Strike
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Strike Comparisons
Competitors of Strike
Strike 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 Phantom, Rainbow, imToken, Ripio and Argent, 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 |
Mobile app offering live fitness training & workout programs for the users
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| domain | founded_year | HQ Location |
Rainbow is recognized for providing secure crypto wallets.
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| domain | founded_year | HQ Location |
Digital asset wallet for cryptocurrency exchange
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| domain | founded_year | HQ Location |
Online reseller of Bitcoins
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| domain | founded_year | HQ Location |
Mobile wallet for cryptocurrency and NFTs is provided.
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| domain | founded_year | HQ Location |
Provider of a community-based cryptocurrency and digital asset exchange
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Strike
Frequently Asked Questions about Strike
When was Strike founded?
Strike was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Strike located?
Strike is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Strike?
Jack Mallers is the current CEO of Strike.
Is Strike a funded company?
Strike is a funded company, having raised a total of $90M across 2 funding rounds to date.
What does Strike do?
Strike was founded in 2018 in Chicago, United States, within the fintech sector focused on cryptocurrency. Mobile app-based services are provided for buying, selling, storing, spending, and remitting bitcoins. A debit card option is included for earning rewards on transactions. The app operates on Android and iOS platforms, supporting users in the United States and select international markets.
Who are the top competitors of Strike?
What products or services does Strike offer?
Strike offers Strike App, Lightning Payments, and Global Money Transfers.
Who are Strike's investors?
Strike has 4 investors. Key investors include General Atlantic, University of Wyoming, Washington University, and TEN31.
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