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ShapeShift
Web & API platform providing instant Bitcoin and other digital assets conversion
About ShapeShift
ShapeShift.io is a leading platform in the cryptocurrency exchange market, offering instant digital asset trading services. The company supports a wide range of blockchain tokens including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin, and many others. ShapeShift operates in the rapidly growing cryptocurrency market, catering to both individual and institutional clients who seek a secure and user-friendly platform for trading digital assets.
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ShapeShift's business model is built around providing a seamless and efficient trading experience without holding users' funds. Unlike traditional exchanges, ShapeShift allows users to retain control over their private keys, ensuring complete ownership and security of their digital assets. This approach aligns with the principles of self-sovereign finance, where users have full control over their financial transactions and holdings.
The company generates revenue through transaction fees on trades executed on its platform. Additionally, ShapeShift offers premium services and products such as the FOX Token, which provides benefits like fee discounts and access to exclusive features. The platform also includes tools like CoinCap and KeepKey, enhancing the overall user experience by providing market data and secure hardware wallet solutions.
ShapeShift's commitment to privacy and security is evident in its policy of not sharing customer data with third parties for marketing purposes. This focus on user control and data protection has helped ShapeShift build a loyal customer base and maintain a strong reputation in the cryptocurrency industry.
At a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- London, United Kingdom
- Employees
- 46
- Open positions
- None listed
- Dealroom signal
- 76.5/100
- Industry
- Fintech
- Sub-industry
- Crypto and DeFi
- Sector
- Fintech, Financial Exchanges, Bitcoin, Trading, Developer Tools, Digital Assets, Ethereum, Decentralised Applications, Crypto Exchange
- Technology
- Blockchain
- Business model
- Marketplace & ecommerce, SaaS
- Client focus
- b2c
- Investment activity
- 3 companies, latest Apr 2020
- Capital deployed
- $1M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
1 token-sale event is listed separately and excluded from the company funding total.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ICO✓Token sale | Mar 2022 | $0 | — | Chapter One Ventures · Coinbase Ventures | ↗ |
| SERIES A✓Equity / VC | Mar 2017 | $9.3M | $37M | Pantera Capital · Erik Voorhees · Blockchain Capital · Digital Currency Group | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ShapeShift is 21K monthly website visits, down 36.4% over the last three months. ShapeShift's team grew 7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
PortisTel Aviv-Yafo, IsraelA platform for making Decentralized Applications accessible to mainstream users
→
KK
Keep KeyUnited StatesA Simple Bitcoin Hardware Wallet
→
Coin CenterWashington DC, United StatesA leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency and decentralized computing technologies
$4Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Roger Ver
Digital Currency Group
Michael Terpin
BitFinex
Bruce Fenton
Trevor Koverko
FundersClub
Series A8 investors entered at this stage
Hard Yaka
Earlybird Venture Capital
Pantera Capital
Erik Voorhees
Blockchain Capital
Access Partners- EPErik Peterson
Lakestar
Other known investors7 additional known investors
Chapter One Ventures
Coinbase Ventures
Amir K
Kirk Holland
Molten Ventures
Ravi Kurani
Tim Rehder
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about ShapeShift on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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