About Tassat
Tassat is a company based in New York (United States) founded in 2017.. Tassat has raised $78.58 million across 4 funding rounds from investors including Consensys, Signature NY and gCC. The company has 46 employees as of December 31, 2021. Tassat offers products and services including TassatPay. Tassat operates in a competitive market with competitors including Incedo, Allied Payment, CredoPay, Souhoola and Waave, among others.
- Headquarter New York, United States
- Employees 46 as on 31 Dec, 2021
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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
*********
- Legal Name Tassat Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$78.58 M (USD)
in 4 rounds
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Latest Funding Round
$15.14 M (USD), Series B
Sep 11, 2023
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Investors
Consensys
& 4 more
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Employee Count
46
as on Dec 31, 2021
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Products & Services of Tassat
Tassat offers a comprehensive portfolio of products and services, including TassatPay. 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.
Enables secure real-time financial transactions for institutional partners
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Funding Insights of Tassat
Tassat has successfully raised a total of $78.58M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15.14 million completed in September 2023. 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 4
- Last Round Series B — $15.1M
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First Round
First Round
(29 Mar 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Tassat | Valuation |
investors |
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| Nov, 2021 | Amount | Series B - Tassat | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Tassat | Valuation | gCC , HashKey Capital |
| 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 Tassat
Tassat has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Consensys, Signature NY and gCC. 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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Blockchain startups are invested in by gCC venture capital fund.
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Founded Year | Domain | Location | |
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Early-stage blockchain technology companies are invested in by the firm.
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Founded Year | Domain | Location | |
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A venture capital fund is focused on fintech startup investments.
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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 Tassat
| 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 - Tassat
| 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 |
Tassat Comparisons
Competitors of Tassat
Tassat 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 Incedo, Allied Payment, CredoPay, Souhoola and Waave, 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 transformation services are provided by Incedo for enterprises.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to banks and credit unions.
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| domain | founded_year | HQ Location |
Merchant acquirer payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Offers an app-based platform for consumer finance and merchant payment management.
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| domain | founded_year | HQ Location |
Merchant payments are facilitated via open banking technology.
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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 Tassat
Frequently Asked Questions about Tassat
When was Tassat founded?
Tassat was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Tassat located?
Tassat is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Tassat?
Kevin Greene is the current CEO of Tassat.
Is Tassat a funded company?
Tassat is a funded company, having raised a total of $78.58M across 4 funding rounds to date. The company's 1st funding round was a Series A of $13.66M, raised on Mar 29, 2019.
How many employees does Tassat have?
As of Dec 31, 2021, the latest employee count at Tassat is 46.
What does Tassat do?
Tassat was founded in 2017 in New York, United States. Blockchain-based solutions are offered for the financial services sector. Operations include OTC trading, exchanges, and digital asset swapping. Cross-border fund transfers are enabled, along with purchases of goods and services. Organizational cash flows are managed through these tools. Market data and insights are provided for user reference.
Who are the top competitors of Tassat?
Tassat's top competitors include Allied Payment, Incedo and CredoPay.
What products or services does Tassat offer?
Tassat offers TassatPay.
Who are Tassat's investors?
Tassat has 5 investors. Key investors include Consensys, Signature NY, gCC, CMT Digital, and HashKey Capital.