Elliptic

RegTech
Elliptic header

Elliptic

RegTech

Crypto RegTech platform

United Kingdom, London
$39M
Total amount raised
2013
Year of establishment
Active
Status

About

Hi we’re Elliptic!


Elliptic is the global standard for blockchain intelligence. Elliptic identifies illicit activity on the Bitcoin blockchain and provide actionable intelligence to financial institutions and law enforcement agencies.
Elliptic makes cryptocurrency transaction activity more transparent and accountable. They believe that illicit activity in cryptocurrencies must be disrupted to stop criminals from undermining the ideals on which cryptocurrencies are built. This is their focus, and they do this by solving the crucial problem of identity in cryptocurrencies, with the sole purpose of combating suspicious and criminal activity.
Their team pushes the limits to dig beneath the surface, peeling back the layers to expose the truth. They aim to stop illicit cryptocurrency activity from leaving a smudge on the technology and the future it represents for all of them.
The company is preventing, detecting, and pursuing the criminal activity in cryptocurrencies. It identifies illicit activity in cryptocurrencies, providing actionable intelligence to cryptocurrency companies, financial institutions and government agencies.

Key objective

To make cryptocurrency transaction activity more transparent and accountable.

Slogan / Motto

Detect And Prevent Criminal Activity In Cryptocurrency

Use cases

KYC & AML
Fraud Prevention
Reporting
Market Intelligence Services

Team

Team members

Dr. Adam Joyce Chief Architect & Co-Founder

Responsibilities

Adam has an MSci Mathematics and a PhD in Mathematics (appropriately, Elliptic Curves and Modular Forms), both from Imperial College London. After a brief stint as an academic researcher, Adam joined an options market-making firm as a quantitative analyst, working on price and volatility modelling, real-time risk-analytics, and automated market-making software. Adam brings mathematical, cryptographic and programming skills to Elliptic’s technical team.

Dr. James Smith Chief Executive Officer & Co-Founder

Responsibilities

Prior to founding Elliptic, James was an options trader for market-making firms in the City of London. James has a Computer Science PhD from the University of Oxford in Natural Language Processing, as well as a Computer Science MPhil and BA from the University of Cambridge.

Dr. Tom Robinson Chief Data Officer & Co-Founder

Responsibilities

Tom is a global expert in cryptocurrency forensic investigations. He has advised governments, tax authorities and regulators on cryptocurrencies, and his forensic analysis of bitcoin transactions has helped secure the convictions of cybercriminals. He holds a doctorate in Physics from the University of Oxford.

Simone Maini Chief Operating Officer

Responsibilities

Simone brings extensive expertise in strategy and operations to the Elliptic team, along with experience working on complex financial crime investigations. As COO, she oversees operations, finance, marketing and sales for the company. She holds a BA in History from the University of Cambridge.

Customers / Partners

Products

Funding

Received funding
$39,130,000
Total amount raised
7
Rounds
14
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$5,000,000
Series B
Wells Fargo Strategic Capital
$23,000,000
Series B
Mouro Capital
SBI Group
SignalFire
$4,050,000
Unattributed

$30,000
Incubator/Accelerator
NCSC Cyber Accelerator
Wayra
$5,000,000
Series A
Digital Currency Group
KRW Schindler Private Ventures
Mouro Capital
Octopus Ventures
Paladin Capital Group
$50,000
Seed
Seedcamp
$2,000,000
Seed
Digital Currency Group
Octopus Ventures

News

Privacy wallets are becoming a more frequent tool for criminals to launder bitcoin, says Elliptic

According to a new guide released by the blockchain analytics firm, 13% of laundered Bitcoin funds were distributed through privacy wallets. The post Privacy wallets are becoming a more frequent tool for criminals to launder bitcoin, says Elliptic appeared first on The Block.


4 months ago


Research
Bitcoin
Elliptic
The Block

Bitcoin Privacy Wallets Increasingly Popular Among Criminals: Elliptic

At least 13% of Bitcoin crime proceeds are now laundered through privacy wallets like Wasabi, according to a new report.


4 months ago


Research
Bitcoin
Elliptic

Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic.


4 months ago


Regulation/Legal
Research
Bitcoin
Elliptic

69,000 bitcoins that moved on Tuesday likely tied to Silk Road dark market: Elliptic

Tuesday's nearly $1 billion bitcoin transaction came from funds likely tied to the now-defunct Silk Road darknet market, according to Elliptic. The post 69,000 bitcoins that moved on Tuesday likely tied to Silk Road dark market: Elliptic appeared first on The Block.


5 months ago


General news
Elliptic
Bitcoin
The Block

KuCoin hacker switches mixer approach and opts for Wasabi Wallet: Elliptic

The entity or entities behind the KuCoin hack are actively moving stolen funds through so-called mixing services in an bid to obscure the source of those coins. The post KuCoin hacker switches mixer approach and opts for Wasabi Wallet: Elliptic appeared first on The Block.


5 months ago


Product update/release
Kucoin
Elliptic
The Block