Chainalysis

Data & Analytics
Chainalysis header

Chainalysis

Data & Analytics

Anti-money laundering software for Bitcoin businesses

United States, New York
$167M
Total amount raised
2014
Year of establishment
Active
Status

About

Hi we’re Chainalysis!


Chainalysis offers anti-money laundering software for businesses that deal with bitcoin and other cryptocurrencies. Among their offerings are risk and fraud reduction, compliance tools, KYC, AML, and transaction monitoring.

They have provided services to various government agencies that deal with financial and other related criminal activity, including the FBI, FinCEN, and the IRS.

In February 2020, Chainalysis announced that it is now providing KYC/AML services to Tether, the highest volume stablecoin.

Key objective

Prevent, Detect And Investigate Cryptocurrency Money Laundering, Fraud And Compliance Violations

Slogan / Motto

Building trust in blockchains.

Use cases

Market Intelligence Services
Analytics & Research

Team

Team members

Jonathan Levin Chief Operations Officer

Responsibilities

20+ years’ experience guiding technology operations through financial, operational, and key decision making by identifying, quantifying, and managing risks and opportunities for organizations and clients.Talented project manager skilled at leading all aspects of solutions delivery for significant global initiatives, from initial conception through delivery.Trusted adviser and leader who influences others and leads by example, consistently increasing performance.

Michael Gronager, PhD Chief Executive Officer

Jan Moller Chief Technology Officer

Responsibilities

I am a senior IT-developer with a proven track-record of successfully delivering high quality IT-solutions on time. I have been part of the Bitcoin community for more than 3 years and have developed my own bitcoin stack from scratch and two very successful bitcoin wallets used by tens of thousands of users. At VMware I have been a significant part of a team that has implemented and delivered substantial features of the VMware's flag-ship product vSphere in every release over 6 years. This software is running at hundreds of thousands of customers worldwide. At Kamstrup, Valor and Cryptomathic I have in numerous projects collaborated with customers to understand their problems, and designed system solutions that solve them. Furthermore I have worked as lead developer in small agile teams that implemented the solutions and delivered on time. Being able to work with an IT-project from the very start until the customer receives the resulting product gives me a unique insight in the problem area, which I enjoy in my daily work.

Customers / Partners

Products

Funding

Received funding
$166,720,000
Total amount raised
7
Rounds
17
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$100,000,000
Series C
Accel
Addition
Benchmark
Ribbit Capital
$13,000,000
Series B
Ribbit Capital
Sound Ventures
$6,000,000
Series B
MUFG Innovation Partners
Sozo Ventures
$30,000,000
Series B
Accel
Benchmark
$16,000,000
Series A
Benchmark
$1,600,000
Seed
Converge
Digital Currency Group
FundersClub
Point Nine Capital
Techstars Ventures
$120,000
Seed
Barclays Accelerator

News

A Small Group of Investors Spent $24.5 Billion on Bitcoin in the Last Few Months

Chainalysis’s chief economist claims that on-chain data shows a large group of wealthy investors have picked up significant amounts of Bitcoin in the last few months.


24 days ago


Research
Bitcoin
Chainalysis

FinCEN Picks Former Chainalysis Exec as New Acting Director

Michael Mosier has a history with the financial crime regulator.


a month ago


Regulation/Legal
Chainalysis

Former Chainalysis brass is now FinCEN’s acting director

Michael Mosier will replace Kenneth Blanco as the U.S. government agency’s acting director.


a month ago


Regulation/Legal
Government/public sector initiatives
Chainalysis

Former Chainalysis exec takes reins at US AML watchdog

Tracing cryptocurrency transactions using blockchain analytics is clearly a central concern for the Treasury's anti-money laundering office. The post Former Chainalysis exec takes reins at US AML watchdog appeared first on The Block.


2 months ago


Regulation/Legal
Chainalysis

Chainalysis has crypto’s 'heightened momentum' to thank for multi-billion dollar valuation

The company recently raised $100M in VC funds. How does it plan to spend that money?


2 months ago


Investment
Chainalysis