Ledn

company

About

Ledn builds financial products with a mission to help more people save in digital assets

Details

Last Funding Type
Series A
Last Funding Money Raised
$30M
Industries
Financial Services,FinTech
Founded date
Aug 3, 2018
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Ledn Inc.

Ledn builds financial products with a mission to help more people save in digital assets. Ledn’s suite of products consists of Borrow - A bitcoin-backed loan which allows customers to access dollars without selling their bitcoin, B2X - Allowing clients to instantly double their bitcoin holdings through the use of a Ledn loan and Save - A bitcoin and USDC savings account that pays interest on bitcoin or USDC with no minimums. For more information visit ledn.io.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$102.70M $1.55M
Ledn has raised a total of $102.70M $1.55M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 15, 2021 Series B $70M 15 10T Holdings Detail
May 26, 2021 Series A $30M 13 Kingsway Capital Detail
Feb 8, 2021 Seed $2.70M 6 White Star Capital Detail
Oct 16, 2019 Debt Financing 2 Arctos Capital
Colchis Capital Management
Detail
Sep 10, 2018 Angel $500K 2 Andrew Clark Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Ledn has made 1 investments. Their most recent investment was on Nov 2, 2022, when Arta Finance raised $90M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 2, 2022 Arta Finance
Series A $90M Finance

Investors

Number of Lead Investors
Number of Investors
6
23
Ledn is funded by 23 investors. 10T Holdings and Arctos Capital are the most recent investors.
Investor Name Lead Investor Funding Round
10T Holdings Yes Series B
Arctos Capital Yes Debt Financing
Colchis Capital Management Yes Debt Financing
Andrew Clark Yes Angel
Hashed Series B
ParaFi Capital Series B
Alan Howard Series B
Ascendant Capital Series B
CMT Digital Ventures Series B
Coinbase Ventures Series B

Employee Profiles

Number of Employee Profiles
4
Ledn has 4 current employee profiles, including Board member Dan Tapiero
Board member
Executive
Executive

Acquisition

Ledn has acquired 1 organizations. Their most recent acquisition was Arxnovum Investments on Oct 6, 2022. They acquired Arxnovum Investments for 0.

Date Company Name
Industry Acquisition Type Price
Bitcoin acquisition Detail