Fundz

Babel Finance Closes Us$80 Million Series B Fundraising Round At Us$2 Billion Valuation

PRIVATEMay 25, 2022

Amount Raised

$80 Million

Round Type

Series B

Financial ServicesLending And Investments

Description

Babel Finance, the world's leading wholesale crypto financial services provider, announced the completion of a US$80 million Series B financing round at a valuation of US$2 billion. The main investors in this round include Jeneration Capital and 10T Holdings, as well as existing shareholders Dragonfly Capital and BAI Capital. Other investors include Circle Ventures and a number of family offices in the Asia-Pacific region.

Quick answer

Babel Finance raised $80 Million in a Series B round, dated May 25, 2022.

How much did Babel Finance raise?
Babel Finance raised $80 Million in a Series B round on May 25, 2022.
What does Babel Finance do?
Babel Finance is a leader in the crypto financial institutional investor services market, dedicated to providing institutional investors and ultra-high-net-worth accredited investors with professional services and..

Source: Fundz verified event record.

Who else raised in Financial Services and Lending And Investments around the same time

Companies in the same sectors as Babel Finance that raised within 45 days of this round, from Fundz verified event records.

  • Synchrony raised an undisclosed amount (Funding Round) on July 7, 2022.
  • Logan Ridge raised an undisclosed amount on July 6, 2022.
  • PolySign, Inc. raised $53M (Series C) on June 28, 2022.
  • Hercules Capital raised an undisclosed amount (Debt Financing) on June 23, 2022.
  • Ledger Investing raised $75M (Series B) on June 22, 2022.
  • My Ome raised $23M (Series B) on June 21, 2022.

Who to call at Babel Finance, and when

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Company Information

Company

Babel Finance

About

Babel Finance is a leader in the crypto financial institutional investor services market, dedicated to providing institutional investors and ultra-high-net-worth accredited investors with professional services and customized solutions in crypto asset lending and trading. Babel Finance is supported by well-known investment institutions including Sequoia Capital China, Tiger Global Management, Dragonfly Capital, BAI Capital, Jeneration Capital, and 10T Holdings. For more information please visit: https://babel.finance/ SOURCE Babel Finance

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Babel Finance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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