Digital Asset

About

Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools.

New York,New York,United States
101 - 250
http://www.digitalasset.com

Highlights

Details

Last Funding Type: Series Unknown
Industries: Blockchain,Cryptocurrency,Developer Platform,Developer Tools,Finance,Financial Services,FinTech,Software
Founded date: Jan 1, 2014
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Digital Asset Holdings LLC
Also Known As: Digital Asset Holdings,Daml,Canton

Digital Asset develops distributed ledger technology intended to build distributed, encrypted straight-through processing tools.

The company builds platform, developer tools, and leverages modern infrastructure providers to change how businesses interact. Its service offering is Daml, an application platform unconstrained by organizational boundaries where companies can create new multi-party solutions that transform disparate silos into synchronized networks, eradicating latency and errors by guaranteeing consistent data. The company works with organizations in financial services, healthcare, and insurance, including 5 of the top 10 stock exchanges.

In 2014, the New York, New York-based company was established by Don Wilson, Eric Saraniecki, Sunil Hirani, and Yuval Rooz. Digital Asset is backed by strategic investors, including 7RIDGE, Eldridge, Salesforce, Samsung, VMware, Accenture, Citi, Goldman Sachs, IBM, and J.P. Morgan.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$307.20M

Digital Asset has raised a total of $307.20M in funding over 2 rounds. Their latest funding was raised on May 27, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 27, 2022	Series Unknown	—	1	SBI Group	—	Detail
Apr 21, 2021	Series D	$120M	2	7RIDGE Eldridge	—	Detail
Feb 4, 2020	Series C	$45M	3	—	—	Detail
Dec 11, 2019	Series C	$35M	9	—	—	Detail
Oct 16, 2017	Series B	$40M	2	Jefferson River Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

26

Digital Asset is funded by 26 investors. SBI Group and 7RIDGE are the most recent investors.

Investor Name	Lead Investor	Funding Round
SBI Group	Yes	Series Unknown
7RIDGE	Yes	Series D
Eldridge	Yes	Series D
Jefferson River Capital	Yes	Series B
GS Growth	Yes	Series Unknown
Salesforce Ventures	—	Series C
Samsung Venture Investment	—	Series C
VMware	—	Series C
Accenture	—	Series C
ASX Limited	—	Series C

Employee Profiles

Number of Employee Profiles

36

Digital Asset has 36 current employee profiles, including Employee Jarek Ratajski

Employee

Employee

Board member

Executive

Board member

Acquisition

Digital Asset has acquired 4 organizations. Their most recent acquisition was Hyper on Jun 25, 2015. They acquired Hyper for 0.

Date Company Name	Industry	Acquisition Type	Price
Jun 25, 2015 Hyper	Bitcoin	acquisition	—	Detail
Jun 25, 2015 Bits Of Proof	Bitcoin	acquisition	—	Detail
Oct 29, 2015 Blockstack.io	Enterprise Software	—	—	Detail
Apr 20, 2016 Elevence Digital Finance	Business Development	acquisition	—	Detail