Elliptic
cryptocurrency . blockchain . regtech . authentication and fraud prevention . risk management
FOUNDING YEAR: 2013
LOCATION: United Kingdom
Last Update: 19/01/2021
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About
Elliptic enables financial institutions and cryptocurrency businesses to manage risk on the blockchain. We are the global standard in AML crypto compliance.
MEDICI Analysis
Elliptic is a Bitcoin surveillance firm that identifies illicit activity on the Bitcoin blockchain. It further analyzes the transactions and provides actionable insights to financial institutions and law enforcement agencies. The transaction-tracing platform mines the public Bitcoin ledger to identify and flag up suspicious transaction patterns within the distributed digital currency.
Focus
PRODUCTS & SERVICES
The platform helps financial institutions and law enforcement agencies in the following way: The platform helps financial institutions to safeguard themselves from fraud and fines by delivering enterprise-scale Bitcoin transaction monitoring services. The platform enables FIs and banks to assess the risk that a customer poses to an enterprise. It further helps them to streamline their communications with law enforcement agencies, regulators, and banks. Elliptic helps law enforcement agencies by providing actionable insights for complex investigations. It monitors thousands of Bitcoin transactions across hundreds of entities and helps them connect illicit Bitcoin activity to real-world actors. The proprietary database links millions of Bitcoin addresses to thousands of clear web and dark web entities.
REVENUE MODEL
The customers will be charged an annual fee – 0.75% of their account value.
MAIN CLIENTS
Financial institutions and law enforcement agencies
Traction
VALUATION / MARKET CAP:
$33.33 M in 2016
COMPANY TYPE:
For Profit
People
FOUNDERS
Tom Robinson
Adam Joyce
BOARD MEMBERS AND ADVISORS
Manuel Silva Martinez
Chris Grew
James Smith
Tom Robinson
Adam Joyce
Eitan Jankelewitz
Martine Niejadlik
Nadav Rosenberg
NUMBER OF EMPLOYEES
11-50
INVESTORS:
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
7
TOTAL FUNDING
$17 M
DATE OF LAST FUNDING
Feb 2020
IPO STATUS
Private
ESTIMETED REVENUE RANGE
$1M to $10M
SEED & PRIOR FUNDING
$2 M
SEED CLOSED ON
Jul 2014
FUNDING SERIES
SERIES A · $5 M · Mar 2016
SERIES B · $5 M · Feb 2020
OTHERS · $5 M · Dec 2017
LISTED
NO
company provided insights
Web Traffic
MONTHLY VISITS
10,880
AVERAGE VISITS (6 MONTHS)
13,848.63
MONTHLY VISITS GROWTH
4.16%
VISIT DURATION
71
VISIT DURATION GROWTH
-4.56%
PAGE VIEWS VISIT
1.58
PAGE VIEWS VISIT GROWTH
-17.58%
BOUNCE RATE
72.96%
BOUNCE RATE GROWTH
9.55%
GLOBAL TRAFFIC RANK
1,537,854
MONTHLY RANK CHANGE
-466,489
MONTHLY RANK GROWTH
-23.27%
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