# CipherTrace funding: rounds and investors > CipherTrace has raised $42M across 2 rounds since 2019. Investors include Neotribe Ventures, Neo and Galaxy Digital. Every round with its source. Source: https://millionrounds.com/company/ciphertrace (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *CipherTrace* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Big Data & Analytics Web3 & Crypto Funding summary Updated 26 Oct 2026 **$42M** raised across 2 rounds since 2019, from 2 sources **$15M** Round **$27M** Series B - **Latest round:** Series B, $27M May 2021 - **Step-up i:** 1.8× - **Investors:** 5 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2019 2020 2021 **$15M** Round **$27M** Series B - **First round:** Round, $15M - **Biggest round:** $27M - **Between rounds:** 2.2 years ## The rounds - **May 2021** Series B **$27M** *2 new* *1 returning* [Neo](https://millionrounds.com/fund/neo) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) Source recorded SEC filing: $27M sold, first sale Mar 2021 - **Feb 2019** Round **$15M** *3 new* [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) [WestWave](https://millionrounds.com/fund/westwave) Aspect Ventures/ Galaxy Digital Reported by FinSMEs SEC filing: $15M sold, first sale Feb 2019 ## Founders and team From the SEC filings it signed: 1 on the team. - **David Jevans** Executive Officer, Director i On the board, as filed i *Aditya Singh* *Mark Kraynak* *Robert Schwartz* *Stephen Ryan* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2019 **Series B** 2021 [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) [Neo](https://millionrounds.com/fund/neo) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [WestWave](https://millionrounds.com/fund/westwave) Aspect Ventures/ Galaxy Digital ## Everyone who backed them [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) VC firm **2** rounds [Neo](https://millionrounds.com/fund/neo) Accelerator **1** round [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **1** round [WestWave](https://millionrounds.com/fund/westwave) VC firm **1** round Aspect Ventures/ Galaxy Digital no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ciphertrace). ## Also claim to have backed them These 2 firms list CipherTrace as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Acrew Capital](https://millionrounds.com/fund/acrew-capital) VC firm Per its own site [Aspect Ventures](https://millionrounds.com/fund/aspect-ventures) VC firm Per its own site ## Quick answers about CipherTrace ### Who invested in CipherTrace? CipherTrace's investors include Neotribe Ventures, Neo, Galaxy Digital, WestWave and Aspect Ventures/ Galaxy Digital. ### How much has CipherTrace raised? CipherTrace has raised $42M across 2 rounds since 2019. ### When did CipherTrace last raise? CipherTrace's most recent round was a Series B of $27M in May 2021. ### What was CipherTrace's biggest round? Its most recent round, $27M in May 2021, is also its largest on record. ### Who backed CipherTrace first? CipherTrace's first round on record, in Feb 2019, was backed by Neotribe Ventures, WestWave and Aspect Ventures/ Galaxy Digital. ### What stage is CipherTrace at? CipherTrace's latest named round is a Series B, in May 2021. ### Where is CipherTrace based? CipherTrace is based in the United States. ## Companies like CipherTrace In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app