About Ultimate
Ultimate is a company based in Berlin (Germany) founded in 2021 by Maximilian Von Wallenberg, Peter Grosskopf, and Omid Aladini was acquired by Jupiter in April 2024. It operates as a FinTech. Ultimate has raised $18.01 million across 2 funding rounds from investors including Lightspeed Venture Partners, Anagram and Jupiter. Ultimate offers products and services including Ultimate Crypto Wallet. Ultimate operates in a competitive market with competitors including imToken, Bitget, Rainbow, Ripio and Conio, among others.
- Headquarter Berlin, Germany
- Founders Maximilian Von Wallenberg, Peter Grosskopf, Omid Aladini
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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
$18.01 M (USD)
in 2 rounds
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Latest Funding Round
$12.77 M (USD), Series A
Aug 10, 2022
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Investors
Lightspeed Venture Partners
& 8 more
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Employee Count
Employee Count
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Acquired by
Jupiter
(Apr 23, 2024)
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Products & Services of Ultimate
Ultimate offers a comprehensive portfolio of products and services, including Ultimate Crypto Wallet. 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.
A self-custody wallet for tokens and NFTs.
Funding Insights of Ultimate
Ultimate has successfully raised a total of $18.01M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.77 million completed in August 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 A — $12.8M
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First Round
First Round
(01 Oct 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Ultimate | Valuation | Lightspeed Venture Partners | |
| Oct, 2021 | Amount | Seed - Ultimate | Valuation |
investors |
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| 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 Ultimate
Ultimate has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Anagram and Jupiter. 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 investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Early-stage web3 investments are targeted by RockawayX.
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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 Ultimate
| 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 - Ultimate
| 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 |
Ultimate Comparisons
Competitors of Ultimate
Ultimate 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 imToken, Bitget, Rainbow, Ripio and Conio, 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 asset wallet for cryptocurrency exchange
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| domain | founded_year | HQ Location |
Provider of a community-based cryptocurrency and digital asset exchange
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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 |
Online reseller of Bitcoins
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoins
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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 Ultimate
Frequently Asked Questions about Ultimate
When was Ultimate founded?
Ultimate was founded in 2021.
Where is Ultimate located?
Ultimate is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Ultimate?
Maximilian Von Wallenberg is the current CEO of Ultimate. They have also founded this company.
Is Ultimate a funded company?
Ultimate is a funded company, having raised a total of $18.01M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.24M, raised on Oct 01, 2021.
What does Ultimate do?
A self-custody crypto wallet is offered by Ultimate for buying and selling tokens and NFTs across Solana, Ethereum, and Bitcoin networks. Services are focused on secure and private transactions within the cryptocurrency sector.
Who are the top competitors of Ultimate?
What products or services does Ultimate offer?
Ultimate offers Ultimate Crypto Wallet.
Who are Ultimate's investors?
Ultimate has 9 investors. Key investors include Lightspeed Venture Partners, Anagram, Jupiter, Speedinvest, and Inflection.
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