Wintermute

Reston, United States Founded: 2008 • Age: 18 yrs
Crypto-based algorithmic market maker for digital assets
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About Wintermute

Wintermute is a company based in Reston (United States) founded in 2008.. Wintermute has raised $56.8 million across 4 funding rounds from investors including Lightspeed Venture Partners, FBG Capital and First Digital Labs. Wintermute operates in a competitive market with competitors including Flowdesk, Keyrock, Portofino Technologies, flovtec and CoinAlpha, among others.

  • Headquarter Reston, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $56.8 M (USD)

    in 4 rounds

  • Latest Funding Round
    $34 M (USD), Series C

    Jul 16, 2024

  • Investors
  • Employee Count
    Employee Count
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People of Wintermute
Headcount 10-50
Employee Profiles 40
Board Members and Advisors 1
Employee Profiles
People
Lilian Tan
Chief Compliance Officer
People
Nalaka Gamage
CFO
People
Marina Gurevich
Chief Operating Officer
People
Wesley Chow Aca
Head Of Finance - Asia

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Board Members and Advisors
people
Yoann Turpin
Co-founder

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Funding Insights of Wintermute

Wintermute has successfully raised a total of $56.8M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $34 million completed in July 2024. 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 Rounds 4
  • Last Round Series C — $34.0M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Series C - Wintermute Valuation First Digital Labs
Jan, 2021 Amount Series B - Wintermute Valuation Lightspeed Venture Partners
Jun, 2020 Amount Series A - Wintermute Valuation Lightspeed Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wintermute

Wintermute has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, FBG Capital and First Digital Labs. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
Blockchain-focused investment funds and venture capital are provided.
Founded Year Domain Location
Blockchain sectors are invested in by Sino Global Capital.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wintermute

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Wintermute

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wintermute Comparisons

Employees
+
Add Comparison
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Competitors of Wintermute

Wintermute 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 Flowdesk, Keyrock, Portofino Technologies, flovtec and CoinAlpha, 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
Crypto liquidity pool for digital assets marketplace
domain founded_year HQ Location
Liquidity solutions and trading services for digital assets are provided.
domain founded_year HQ Location
Financial infrastructure technology is provided to enable digital asset adoption.
domain founded_year HQ Location
Crypto market making services are provided globally by Flovtec.
domain founded_year HQ Location
Crypto funds are operated on blockchain by CoinAlpha.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wintermute

Frequently Asked Questions about Wintermute

When was Wintermute founded?

Wintermute was founded in 2008 and raised its 1st funding round 12 years after it was founded.

Where is Wintermute located?

Wintermute is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Is Wintermute a funded company?

Wintermute is a funded company, having raised a total of $56.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.8M, raised on Jan 01, 2020.

What does Wintermute do?

Wintermute was founded in 2008 and is headquartered in Reston, United States. Operations focus on the cryptocurrency sector, where proprietary algorithms are utilized to generate bids, offers, and support for exchange kiosks. Liquidity solutions are offered to facilitate trading in digital assets. Tools for security management and risk assessment are also provided to assist traders in evaluating market conditions.

Who are the top competitors of Wintermute?

Wintermute's top competitors include Flowdesk, Keyrock and Portofino Technologies.

Who are Wintermute's investors?

Wintermute has 10 investors. Key investors include Lightspeed Venture Partners, FBG Capital, First Digital Labs, Pantera Capital, and Sino Global Capital.

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