How much funding has Celsius Network raised?

Celsius Network has raised $477.1M in total funding, most recently a Venture Round.

Who are Celsius Network's investors?

Celsius Network's investors include WestCap, Caisse de dépôt et placement du Québec, Tether, Tiger Global, Alan Howard, Kevin O'Leary.

When was Celsius Network founded?

Celsius Network was founded in 2017.

Where is Celsius Network headquartered?

Celsius Network is headquartered in Hoboken, New Jersey, United States.

What industry is Celsius Network in?

Celsius Network operates in Crypto & Web3, Fintech.

How many employees does Celsius Network have?

Celsius Network has 201-500 employees.

Celsius Network

Closed

Earn, Borrow, Pay

Hoboken, United States · Founded 2017 · $477.1M raised

Crypto & Web3

Fintech

Headquarters: Hoboken, New Jersey
Employees: 201–500
Founded: 2017
Business Model: B2C

Website: celsius.network
Total Funding: $477.1M
Last Round: $34.0M Venture RoundMar 2022
Rounds: 4

About

Celsius Network was a cryptocurrency lending and borrowing platform that allowed users to earn yield on crypto deposits and take out crypto-backed loans. Founded in 2017 and headquartered in Hoboken, New Jersey, the company grew to over 1.7 million customers before freezing withdrawals in June 2022 amid extreme market conditions. Celsius filed for Chapter 11 bankruptcy on July 13, 2022, reporting a $1.2 billion balance-sheet shortfall. The company emerged from bankruptcy on January 31, 2024, and shut down its apps on February 29, 2024, completing the winding down of operations.

Summary

Celsius Network is a Crypto & Web3 company based in Hoboken, United States, founded in 2017. It has raised $477.1M in total across 4 rounds, most recently a $34.0M Venture Round round in Mar 2022. Investors include WestCap, Caisse de dépôt et placement du Québec and Tether.

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