Transak

company

About

Transak provides onboarding infrastructure to make web3 applications accessible.

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$150K
Industries
Apps,Cryptocurrency,Debit Cards,FinTech,Payments
Founded date
Jan 1, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Transak Inc.

Transak provides onboarding infrastructure to make web3 applications accessible. The company's Fiat On/Off-Ramp product powers over 120 apps, including - Wallets such as Metamask and Trust Wallet - DeFi and CeFi such as CakeDeFi and Quickswap - Games such as Splinterlands, and Decentraland. It also provides a suite of other onboarding solutions like Direct-to-protocol and NFT checkout, where users can onboard to a protocol or buy an NFT with fiat in a single click, making web3 apps more accessible for mainstream users.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$2.96M
Transak has raised a total of $2.96M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 1, 2021 Seed $2.40M 1 Third Kind Venture Capital Detail
Mar 16, 2021 Seed $410K 6 ConsenSys
Mask Network
IOSG Ventures
Koji Capital
LuneX Ventures
The LAO
Detail
Mar 4, 2020 Pre-seed $150K 1 Tachyon by Consensys Ventures Detail

Investors

Number of Lead Investors
Number of Investors
8
8
Transak is funded by 8 investors. Third Kind Venture Capital and ConsenSys are the most recent investors.
Investor Name Lead Investor Funding Round
Third Kind Venture Capital Yes Seed
ConsenSys Yes Seed
Mask Network Yes Seed
IOSG Ventures Yes Seed
Koji Capital Yes Seed
LuneX Ventures Yes Seed
The LAO Yes Seed
Tachyon by Consensys Ventures Yes Pre-seed

Employee Profiles

Number of Employee Profiles
2
Transak has 2 current employee profiles, including Executive Yeshu Agarwal
Executive
Executive