Onramp Invest is a technology company.
Onramp Invest has raised $13.0M across 2 funding rounds.
Onramp Invest has raised $13.0M in total across 2 funding rounds.
Onramp Invest is a technology company developing an integration Platform as a Service (iPaaS) that connects traditional financial infrastructure with cryptoassets, enabling registered investment advisors (RIAs) to educate clients, onboard them to digital assets, and manage investments seamlessly within existing workflows.[2][3][4] It serves RIAs managing over $40B in assets under management (AUM), asset managers like WisdomTree and Valkyrie Invest, and index providers like CoinDesk, solving barriers to crypto access such as illiquidity, restricted entry, and lack of interoperability between crypto and traditional finance.[1][3][5] The platform includes tools like Onramp Academy for crypto education in partnership with Galaxy Fund Management and CoinDesk, plus direct investment options in indices like the CoinDesk 20.[4][5] Onramp raised a $6M seed round from investors including Coinbase Ventures, Galaxy Digital, and Gemini Frontier Fund, fueling growth before its 2023 acquisition by Securitize, which extended access to tokenized alternative assets.[1][3]
Founded in 2020 in California, Onramp Invest emerged from the need to bridge crypto and traditional finance, co-founded by Tyrone Ross (initial CEO) and Eric Ervin.[1][2][4] Ross, a passionate advocate for democratizing finance, drew from his financial advisor background to create tools empowering RIAs amid rising client demand for crypto post-2020 market surges.[1][4] The idea crystallized as an "interstate of connectivity" for data flow between crypto-economy and legacy systems, launching from beta in 2021 with Onramp Academy for education and portfolio services.[4][6] Early traction included partnerships with Galaxy Digital and CoinDesk; however, 2022 brought challenges with Ross's sudden departure, board walkouts, layoffs due to capital shortages, and Ervin stepping in as CEO.[5] A $6M seed round in 2021 supported expansion, culminating in Securitize's acquisition to enhance tokenized alts access.[1][3]
Onramp rides the tokenization and crypto mainstreaming trend, timing perfectly with post-2020 crypto adoption by institutions and RIA clients demanding diversified alts amid volatile markets.[3][4][5] It counters market forces like regulatory hurdles (e.g., Advisers Act compliance) and crypto's silos by standardizing access, influencing the ecosystem via RIA education and partnerships that onboard traditional wealth to blockchain assets.[1][3][5] As the top crypto integration platform for advisors, it democratizes private markets—where most value is created—accelerating fintech convergence and tokenized real-world assets (RWAs).[1][3] The Securitize acquisition amplifies this, positioning Onramp to shape RIA portfolios with liquid alts, amid rising demand for non-traditional investments.[3]
Post-acquisition, Onramp will deepen tokenized alts integration for RIAs, leveraging Securitize's infrastructure to scale beyond crypto into broader private markets.[3] Trends like RWA tokenization, regulatory clarity, and AI-driven wealth tools (e.g., voice platforms) will propel growth, with its RIA network driving adoption.[1][3] Influence may evolve from crypto gateway to full alts platform, potentially expanding AUM served and setting standards for compliant digital-traditional hybrids—reinforcing its mission to break barriers for advisor-client opportunities in a democratized finance era.[1][3][4]
Onramp Invest has raised $13.0M in total across 2 funding rounds.
Onramp Invest's investors include FINTOP Capital, Countdown Capital, Aniq Kassam, Leawood Venture Capital, LombardStreet Ventures, Matterscale Ventures, Trajectory Ventures, Kyle Vogt.
Onramp Invest has raised $13.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $7.0M Series A | FINTOP Capital | |
| Aug 1, 2021 | $6.0M Seed | Countdown Capital, Aniq Kassam, Leawood Venture Capital, LombardStreet Ventures, Matterscale Ventures, Trajectory Ventures, Kyle Vogt |