About Tesseract
Tesseract is a Financial Services company based in Helsinki (Finland) founded in 2017 by Ilkka Salo. Crypto loans are provided to businesses and senior investors. It operates on a FinTech model in Financial Services and Technology sectors. Tesseract has raised $25 million across 2 funding rounds from investors including Coinbase, Wintermute and Augmentum Fintech. Tesseract offers products and services including Earn Partners and Earn Customers. Its focus areas include Financials, Capital Markets and Cryptocurrency Services. Its legal entity is Tesseract Investment Oy.
Company details
Tesseract is focused on delivering institutional-grade yield solutions for digital assets. Services are provided to both institutions and private individuals through proprietary platforms. The company operates in the cryptocurrency and DeFi sectors, offering lending and yield products across multiple tokens. Regulated by the Finland FSA and authorized under MiCA, operations include portfolio management, custody, and investment advice. Secure technology and compliance with ISO27K and SOC 2 standards are maintained to ensure trust and transparency.
- Headquarters Helsinki, Finland
- Founders Ilkka Salo
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website tesseractinvestment.com
- Social LinkedIn X
- Legal Name Tesseract Investment Oy
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$25M (USD), Series A
Jun 2021
- InvestorsCoinbase
& 10 more
Products & Services of Tesseract
Tesseract offers a comprehensive portfolio of products and services, including Earn Partners and Earn Customers.
Yield solutions are provided for custodial company revenue.
Institutional-grade yield is offered for digital asset holders.
Funding Insights of Tesseract
Tesseract has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in June 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 $25M
- Total Rounds 2
- Last Round Series A — $25M
- Investors Count 11
All 2 funding rounds of Tesseract 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 |
|---|---|---|---|---|---|
| Jun 2021 | $25M | Series A | – | Augmentum Fintech | |
| Jun 2018 | Seed | – | Icebreaker | – |
11 investors in total: 11 institutional.
Investors in Tesseract
Tesseract has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, Wintermute and Augmentum Fintech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in fintech startups | 2009 | augmentum.vc | London, United Kingdom | |
Venture capital firm focused on software, fintech, marketplaces, and consumer internet | dncapital.com | London, United Kingdom | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Early-stage blockchain startups are funded by LeadBlock Partners. | leadblockpartners.com | London, United Kingdom | ||
Seed and early-stage tech investments are targeted in Finland. | icebreaker.vc | Helsinki, Finland | ||
Early-stage investments in software companies are targeted by Concentric VC. | concentric.vc | London, United Kingdom | ||
| blackfin.com | ||||
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
Provides wealth management, asset management, and investment strategies for high-net-worth individuals. | 2006 | jabcap.com | Meyrin, Switzerland | |
Crypto-based algorithmic market maker for digital assets | 2008 | wintermute.com | Reston, United States |
Investor details for Tesseract
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 Tesseract
8 people are tracked at Tesseract (5 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Ilkka Salo | Co-Founder | Leadership |
Leo Wuoristo | Chief Product Officer | Leadership |
Veli Pyykönen | Head of Finance and Operations | Leadership |
Yichen Wu | CEO & Co-Founder | Leadership |
Adam Saville-Brown | Head Of Commercial | Leadership |
Alex Lindholm | Portfolio Manager | Team |
Kat Puciata | Senior Compliance Operations Specialist | Team |
Huy Nguyen | Legal Counsel | Team |
Complete people profiles for Tesseract
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 Tesseract
3 dated milestones of Tesseract across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Tesseract is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $25.0M.
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Frequently Asked Questions about Tesseract
Tesseract was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Tesseract is headquartered in Helsinki, Finland.
Tesseract is a funded company, having raised a total of $25M across 2 funding rounds to date.
Tesseract is focused on delivering institutional-grade yield solutions for digital assets. Services are provided to both institutions and private individuals through proprietary platforms. The company operates in the cryptocurrency and DeFi sectors, offering lending and yield products across multiple tokens. Regulated by the Finland FSA and authorized under MiCA, operations include portfolio management, custody, and investment advice. Secure technology and compliance with ISO27K and SOC 2 standards are maintained to ensure trust and transparency.
Tesseract offers Earn Partners and Earn Customers.
Tesseract has 11 investors. Key investors include Coinbase, Wintermute, Augmentum Fintech, Woorton, and DN Capital.
Tesseract operates through Tesseract Investment Oy.