France · Venture startup

Who invested in Ledger

7 rounds we have observed, with the 31 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.

CybersecurityFintechWeb3 & Crypto

Valuation: $1.5B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$469Mraised across 7 rounds since 2015, from 7 sources

$1.5MSeed$7.0MSeries A$75MSeries B$2.9MRound$380MGrowth$2.5MSeries A
Latest round
VentureJun 2023
Biggest round
$380MGrowth · Feb 2022
Investors
31 (2 led)
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.

20152017201920212023
$1.5MSeed$7.0MSeries A$75MSeries B$2.9MRound$380MGrowth$2.5MSeries A?Venture
First round
Seed, $1.5M
Feb 2015
Biggest round
$380M
Growth · Feb 2022
Usual gap between rounds
15 months
the median of 6

The rounds

  1. Jun 2023
    VentureAmount undisclosed4 new1 returning

    Source recorded

  2. May 2022
  3. Feb 2022
  4. Apr 2019
    Round$2.9M1 new

    Reported by Coindesk

  5. Jan 2018
    Series B$75M5 new2 returning

    Reported by TechCrunchSEC filing: $21M sold, first sale Aug 2015

  6. Mar 2017
  7. Feb 2015
    Seed$1.5M6 new
    • XAnge
    • HiMedia Group
    • Alain Tingaud
    • Fred Potter
    • Pascal Gauthier
    • Thibaut Faurès Fustel de Coulanges

    From a historical funding record

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.

Everyone who backed them

Cathay InnovationVC firm2rounds
Korelya CapitalVC firm2rounds
GDTREInvestment firm2rounds
Draper EspritVC firm1round, led 1
10TGrowth equity1round, led 1
BpifranceGovernment1round
Kima VenturesVC firm1round
Draper AssociatesVC firm1round
FirstMarkVC firm1round
XAngeVC firm1round
Cathay CapitalPrivate equity1round
Shinhan CapitalVC firm1round
CapHorn InvestVC firm1round
SamsungVC firm1round
Wicklow CapitalVC firm1round
KimaVC firm1round
The Whittemore CollectionFamily office1round
DraperCorporate VC1round
HiMedia GroupVC firm1round
Nicolas PintoAngel1round
Financière AgacheGrowth equity1round
Alain Tingaudno record of our own yet1round
BHBno record of our own yet1round
Draper Espirit/ FirstMarkno record of our own yet1round
Fred Potterno record of our own yet1round
Libertusno record of our own yet1round
Maif Avenir/ Xangeno record of our own yet1round
Pascal Gauthierno record of our own yet1round
Thibaut Faurès Fustel de Coulangesno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 18 firms list Ledger 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.

Felix CapitalVC firmPer its own site
Activant CapitalVC firmPer its own site
True Global Ventures (TGV)VC firmPer its own site
Draper DragonVC firmPer its own site
Tessera Venture PartnersVC firmPer its own site
Fantail VenturesVC firmPer its own site
Golden Record Ventures (GRV)VC firmPer its own site
Nucleus Adventure CapitalVC firmPer its own site
ice.vcVC firmPer its own site
25fifteenVC firmPer its own site
37 Ventures PartnersVC firmPer its own site
BitcoinFi AcceleratorAcceleratorPer its own site
Digital Finance GroupFamily officePer its own site
RM Venture PartnersVC firmPer its own site
Raisol Capital, LLC.Private equityPer its own site
SIB Investment GroupFamily officePer its own site
Warburg SerresVC firmPer its own site
White Castle PartnersAdvisorPer its own site

Quick answers about Ledger

Who invested in Ledger?

Ledger's investors include Digital Currency Group, Cathay Innovation, Korelya Capital, GDTRE and Draper Esprit, and 26 more on record.

How much has Ledger raised?

Ledger has raised $469M across 7 rounds since 2015. One round did not disclose an amount, so the total is a floor.

When did Ledger last raise?

Ledger's most recent round was a Venture in Jun 2023.

What was Ledger's biggest round?

Ledger's largest round on record is $380M (Growth), in Feb 2022, led by 10T.

Who backed Ledger first?

Ledger's first round on record, in Feb 2015, was backed by XAnge, HiMedia Group and Alain Tingaud and 3 others.

What stage is Ledger at?

Ledger's latest named round is a Venture, in Jun 2023.

Where is Ledger based?

Ledger is based in France.

Who led Ledger's rounds?

Draper Esprit led the Series B in 2018; 10T led the Growth in 2022.

Companies like Ledger

In the same sector, and raised in the last eighteen months.

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