Ledger is a technology company.
Ledger has raised $573.0M across 5 funding rounds.
Key people at Ledger.
Ledger has raised $573.0M in total across 5 funding rounds.
Ledger has raised $573.0M in total across 5 funding rounds.
Ledger's investors include 10T Holdings, Dragonfly Capital Partners, Hoxton Ventures, Incisive Ventures, NGC Ventures, Penglan, Twenty Seven Ventures, White Loop Capital, Mik Attisani, Andreessen Horowitz, Bowery Capital, Draper Associates.
Ledger is a Paris-based technology company founded in 2014, specializing in hardware wallets and software platforms for securing cryptocurrencies and digital assets.[1][2][4] It serves individual retail investors, advanced traders, and institutions across 180+ countries, solving the critical problem of protecting crypto assets from hacks and thefts through self-custody solutions like Ledger Nano X, Nano S Plus, Ledger Stax, Ledger Live app, and Ledger Enterprise for businesses.[1][3][6] With over 6 million devices sold, 20% of global crypto assets secured, and 100+ institutional customers, Ledger maintains strong growth momentum, evidenced by a $380 million Series C round in 2022 valuing it at over $1.5 billion and expansions into DeFi, staking, NFTs, and enterprise custody.[1][2][3]
Ledger was founded in 2014 in Paris, France, amid the rising popularity of Bitcoin and early blockchain applications, positioning itself as a pioneer in hardware security for cryptocurrencies.[1][2][4] While specific founders are not detailed in available sources, the company quickly gained traction by launching its first hardware wallets, becoming the de facto standard for digital asset protection and selling over 3 million units by 2022 across 190 countries.[2] Pivotal moments include the 2020 rollout of Ledger Live for seamless trading and swapping, a $380 million Series C funding round to fuel global expansion, and the development of Ledger Enterprise for institutions, growing its team to over 900 professionals with offices in New York, London, Singapore, and Vierzon.[1][2][3]
Ledger rides the explosive growth of Web3, DeFi, and tokenized assets, where self-custody addresses centralization risks in crypto exchanges post-high-profile hacks.[1][3][6] Its timing aligns with mainstream adoption—post-2014 Bitcoin surge and 2020s DeFi boom—capitalizing on market forces like regulatory pushes for secure custody (e.g., institutional inflows) and rising NFT/digital asset utility.[2][3] By securing 20% of global crypto and enabling seamless on-ramps for retail/institutions, Ledger influences the ecosystem as the trusted gateway, fostering innovation in staking, trading, and enterprise blockchain while reducing barriers to entry and enhancing overall network security.[1][3]
Ledger is poised to dominate as the secure infrastructure layer for an expanding multitrillion-dollar digital asset economy, with upcoming focuses on OS enhancements, DeFi integrations, geographic scaling, and enterprise automation.[2][3] Trends like tokenization of real-world assets, AI-driven security, and clearer global regulations will amplify its momentum, potentially evolving it from hardware leader to full Web3 platform powering retail, finance, and beyond. As the go-to for critical asset protection amid rising adoption, Ledger exemplifies how early security bets yield enduring tech dominance.[1][6]
Key people at Ledger.
Ledger has raised $573.0M across 5 funding rounds. Most recently, it raised $110.0M Series C in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $110.0M Series C | 10T Holdings, Dragonfly Capital Partners, Hoxton Ventures, Incisive Ventures, NGC Ventures, Penglan, Twenty Seven Ventures, White Loop Capital, Mik Attisani | |
| Jun 1, 2021 | $380.0M Series C | 10T Holdings, Andreessen Horowitz, Bowery Capital, Dragonfly Capital Partners, Draper Associates, Felix Capital, FirstMark Capital, Innovius Capital, March Capital, NGC Ventures, Penglan, Sequoia Capital | |
| Jan 1, 2018 | $75.0M Series B | Andreessen Horowitz, Bowery Capital, Draper Associates, FirstMark Capital, Innovius Capital, March Capital, Sequoia Capital, XAnge | |
| Mar 1, 2017 | $7.0M Series A | XAnge | |
| Feb 1, 2015 | $1.0M Seed | XAnge |
