Ledn

About

Ledn builds financial products with a mission to help more people save in digital assets

Toronto,Ontario,Canada
101 - 250
https://ledn.io/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $30M
Industries: Financial Services,FinTech
Founded date: Aug 3, 2018
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Ledn Inc.

Ledn builds financial products with a mission to help more people save in digital assets. Ledn’s suite of products consists of Borrow - A bitcoin-backed loan which allows customers to access dollars without selling their bitcoin, B2X - Allowing clients to instantly double their bitcoin holdings through the use of a Ledn loan and Save - A bitcoin and USDC savings account that pays interest on bitcoin or USDC with no minimums. For more information visit ledn.io.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$102.70M $1.55M

Ledn has raised a total of $102.70M $1.55M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 15, 2021	Series B	$70M	15	10T Holdings	—	Detail
May 26, 2021	Series A	$30M	13	Kingsway Capital	—	Detail
Feb 8, 2021	Seed	$2.70M	6	White Star Capital	—	Detail
Oct 16, 2019	Debt Financing	—	2	Arctos Capital Colchis Capital Management	—	Detail
Sep 10, 2018	Angel	$500K	2	Andrew Clark	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Ledn has made 1 investments. Their most recent investment was on Nov 2, 2022, when Arta Finance raised $90M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 2, 2022 Arta Finance	Series A	$90M	Finance	—

Investors

Number of Lead Investors

Number of Investors

6

23

Ledn is funded by 23 investors. 10T Holdings and Arctos Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
10T Holdings	Yes	Series B
Arctos Capital	Yes	Debt Financing
Colchis Capital Management	Yes	Debt Financing
Andrew Clark	Yes	Angel
Hashed	—	Series B
ParaFi Capital	—	Series B
Alan Howard	—	Series B
Ascendant Capital	—	Series B
CMT Digital Ventures	—	Series B
Coinbase Ventures	—	Series B