# Tesseract: Financial services, Helsinki, Finland

> Tesseract: Tesseract is a Finnish fintech company based in Helsinki, established in 2017 and operational since 2018. Based in Helsinki, Finland. Founded 2017.

Source: https://millionrounds.com/startup/tesseract-5 (Millionrounds; every figure on the page links to its filing or article)

Finland · [Financial services startup](https://millionrounds.com/companies)

# Tesseract

Tesseract is a Finnish fintech company based in Helsinki, established in 2017 and operational since 2018.

Email

Funding reported Last round: Series A

Financial services Helsinki, Finland

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Company summary

- **Founded:** 2017 9 years old
- **Team:** 31 11 to 50 people
- **Funding reported:** 25.3M as listed, currency not stated
- **Last round:** Series A Jun 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Tesseract has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Tesseract

Tesseract is a Finnish fintech company based in Helsinki, established in 2017 and operational since 2018.

It specializes in institutional digital asset management, crypto yield infrastructure, and regulated portfolio management for the crypto economy. The company consists of three main entities: Tesseract Holding Oy, Tesseract Investment Oy, a MiCA-authorized Crypto-Asset Service Provider regulated by the Finnish Financial Supervisory Authority, and Tesseract Earn Oy, which provides unregulated lending infrastructure. Tesseract offers two primary services tailored for institutional clients. The first is a regulated portfolio management service that provides clients with individually managed on-chain vaults for crypto-assets. The second service is an unregulated institutional lending infrastructure that allows partners to distribute yield to their users without the need for custodianship or credit management. Tesseract targets cryptocurrency trading platforms, neobanks, custodians, wallet providers, and retail trading platforms, enabling them to offer a comprehensive suite of crypto yield products through its technology platform.

## What company datasets say Tesseract raised

Funding, as reported

Reported in all **25.3M** in the source's currency

Last round **Series A**

Last round size **25M**

Last round date **Jun 2021**

## Founders and team

From Tesseract's own website: 1 founder, 6 on the team.

**Yichen Wu** Founder & Head of Product

- **Henri Littunen** CEO, Tesseract Investment Oy
- **James Harris** Group CEO
- **Mikhail Tikhonov** Chief Technology Officer
- **Tyrell Volker** Chief of Staff
- **Adam Haeems** Head of Asset Management
- **Matthew Kirk** Head of Operations

## The company, in detail

What they build

Known for

yield farming defi liquidity pools regulated crypto platform defi defi yield optimization security audits defi arbitrage crypto lending information technology & services blockchain technology financial services finance investment management defi protocols defi investment capital markets

Built with from their website

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- **Sector:** Financial services
- **Industry code:** NAICS 5231, 523940, 522299, SIC 6211
- **Region:** Uusimaa
- **Revenue:** 4M a year, as listed

## Financial services in Finland

Startups like it

- [**Mash - We say yes** Helsinki · founded 2007](https://millionrounds.com/startup/mash-we-say-yes)
- [**Enfuce** Espoo · founded 2016](https://millionrounds.com/startup/enfuce)
- [**vertaaensin.fi** Helsinki · founded 2015](https://millionrounds.com/startup/vertaaensin-fi)
- [**Zevoy** Helsinki · founded 2020](https://millionrounds.com/startup/zevoy)
- [**puro.earth** Helsinki · founded 2018](https://millionrounds.com/startup/puro-earth)
- [**ZIROOPAY** Espoo · founded 2014](https://millionrounds.com/startup/ziroopay)
- [**MNX** Startup](https://millionrounds.com/startup/mnx)
- [**Spin Labs** founded 2021](https://millionrounds.com/startup/spin-labs)

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