COMPANY PROFILE

Elwood Technologies

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An established global fintech building institutional-grade digital assets trading infrastructure

Southampton, United KingdomFounded 2018Fintech

Valuation $500M–1B Last recorded · 2022

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Elwood Technologies

Elwood Technologies was founded in 2018 by British hedge fund billionaire Alan Howard. The company emerged as a key player in the fintech space, focusing on providing institutional-grade access to digital asset markets. Elwood's mission was to bridge the gap between traditional finance and the burgeoning world of cryptocurrencies, offering a robust platform for trading and managing digital assets.

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In May 2022, Elwood Technologies made headlines by closing a significant $70 million Series A funding round. This round was co-led by global investment bank Goldman Sachs and B2B investor Dawn Capital. The funding was a testament to Elwood's potential and the growing interest in institutional crypto solutions. It enabled the company to expand its offerings and solidify its position in the market.

Elwood Technologies continued to innovate and adapt to the rapidly evolving digital asset landscape. By 2024, the company achieved a major milestone by obtaining authorization from the Financial Conduct Authority (FCA) in the UK. This authorization underscored Elwood's commitment to regulatory compliance and operational excellence, further enhancing its credibility among institutional investors.

Throughout its journey, Elwood Technologies has remained at the forefront of the digital asset revolution, providing cutting-edge solutions that cater to the needs of institutional clients. The company's strategic partnerships and regulatory achievements have positioned it as a leader in the industry, paving the way for future growth and success.

Source: Dealroom company data