About Taproot Wizards
Taproot Wizards is a company based in Iceland founded in 2023 by Eric Wall and Udi Wertheimer.. Taproot Wizards has raised $37.5 million across 2 funding rounds from investors including StarkWare, Standard Crypto and Collider. Taproot Wizards operates in a competitive market with competitors including MakersPlace, Autograph, Art Blocks, SuperRare and KnownOrigin, among others.
- Headquarter Iceland
- Founders Eric Wall, Udi Wertheimer
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Sectors
TechnologyFinancial Services
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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
$37.5 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series A
Feb 04, 2025
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Investors
StarkWare
& 9 more
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Employee Count
Employee Count
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Funding Insights of Taproot Wizards
Taproot Wizards has successfully raised a total of $37.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in February 2025. 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 A — $30.0M
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First Round
First Round
(11 Nov 2023)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series A - Taproot Wizards | Valuation | Standard Crypto | |
| Nov, 2023 | Amount | Seed - Taproot Wizards | Valuation | Utxo Management |
| 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 Taproot Wizards
Taproot Wizards has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include StarkWare, Standard Crypto and Collider. 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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Venture capital is invested in the cryptocurrencies sector.
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Founded Year | Domain | Location | |
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Collider is engaged in backing crypto and Web3 startups.
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Founded Year | Domain | Location | |
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Tech startups are funded by Newman Capital's venture capital operations.
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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 Taproot Wizards
| 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 - Taproot Wizards
| 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 |
Taproot Wizards Comparisons
Competitors of Taproot Wizards
Taproot Wizards 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 MakersPlace, Autograph, Art Blocks, SuperRare and KnownOrigin, 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 |
Digital art products are traded on an online marketplace platform.
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| domain | founded_year | HQ Location |
Unique digital collections are created and traded using NFTs.
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| domain | founded_year | HQ Location |
Digital card collectibles are traded through an online NFT marketplace.
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| domain | founded_year | HQ Location |
Online marketplace to sell and collect digital art
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| domain | founded_year | HQ Location |
Digital art and NFTs are discovered, collected, and traded online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Taproot Wizards
Frequently Asked Questions about Taproot Wizards
When was Taproot Wizards founded?
Taproot Wizards was founded in 2023.
Where is Taproot Wizards located?
Taproot Wizards is headquartered in Iceland.
Is Taproot Wizards a funded company?
Taproot Wizards is a funded company, having raised a total of $37.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Nov 11, 2023.
What does Taproot Wizards do?
Taproot Wizards was established in 2023 in Iceland by co-founders Eric Wall and Udi Wertheimer. A platform is operated that inscribes JPEGs directly on the Bitcoin blockchain, creating digital collectibles. Users are permitted to browse the collection, purchase items, sell holdings, or invest in the assets. The service functions within the cryptocurrency and blockchain sector, focusing on decentralized art and trading mechanisms.
Who are the top competitors of Taproot Wizards?
Taproot Wizards's top competitors include MakersPlace, Art Blocks and DRiP.
Who are Taproot Wizards's investors?
Taproot Wizards has 10 investors. Key investors include StarkWare, Standard Crypto, Collider, MASTERKEY, and Newman Capital.
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