Entropy

About

Entropy provides crypto custody services to keep private keys secure and make assets available on demand.

New York,New York,United States
1 - 10
https://entropy.xyz

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $25M
Industries: Blockchain,Cryptocurrency,Finance,FinTech
Founded date: Jul 1, 2021
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Entropy Cryptography, Inc.

Entropy provides crypto custody services to keep private keys secure and make assets available on demand. Its services specialize in creating a decentralized network leveraging advanced threshold cryptography and multi-party computation.

The company was founded in 2021 and is headquartered in New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$26.95M

Entropy has raised a total of $26.95M in funding over 2 rounds. Their latest funding was raised on Jun 8, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 8, 2022	Seed	$25M	7	a16z crypto	—	Detail
Dec 28, 2021	Pre-seed	$1.95M	2	Dragonfly	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

8

Entropy is funded by 8 investors. a16z crypto and Coinbase Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
a16z crypto	Yes	Seed
Coinbase Ventures	—	Seed
Robot Ventures	—	Seed
Dragonfly	—	Seed
Ethereal Ventures	—	Seed
Inflection	—	Seed
Variant	—	Seed
Dean Eigenmann	—	Pre-seed