V
Violet
Evolves trust compliance and identity Infrastructure for DeFi
About Violet
Violet.co is a startup that operates in the Decentralized Finance (DeFi) market, providing advanced compliance solutions. The company offers four main compliance products, designed to ensure that DeFi transactions meet regulatory standards. Violet.co serves clients who are involved in DeFi transactions, including investors, financial institutions, and DeFi platforms.
Read full description
The company's flagship product is the VioletID, a unique identifier that verifies a person's identity for DeFi transactions. This ID is tied to a real human identity, ensuring that each transaction is associated with a legitimate individual. This helps to prevent fraudulent activities and ensures compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Violet.co also provides services such as sanction screening, transaction monitoring, geofencing, and accredited investor checks.
Violet.co operates on a business model where it charges its clients for the use of its compliance products. The company's revenue is generated from the fees paid by its clients for these services. The integration of Violet's services into a client's platform is straightforward, requiring just a single line of code.
In terms of data security, Violet.co ensures that all data is saved in encrypted storage and never on-chain. This means that the data is stored securely and is not accessible on the blockchain, providing an additional layer of security for its clients.
At a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Berlin, Germany
- Employees
- 3
- Open positions
- None listed
- Dealroom signal
- 58.7/100
- Industry
- Security, Fintech
- Sub-industry
- Crypto and DeFi, Identity & Access
- Sector
- Fintech, Ethereum Ecosystem, Hard Tech
- Technology
- Blockchain
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Mar 2023 | $15M | $60M | Balderton Capital · Ethereal Ventures · Brevan Howard Asset Management · BlueYard Capital | ↗ |
| SEEDEquity / VC | Apr 2022 | $0 | — | Balderton Capital · BlueYard Capital · Frontline Ventures · Fintech Collective | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Violet is 1.9K monthly website visits, up 18.8% over the last three months. Violet's team grew 0% 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.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Frontline Ventures
Balderton Capital
BlueYard Capital
Fintech Collective
Series A3 investors entered at this stage
Ethereal Ventures
Brevan Howard Asset Management
Coinbase Ventures
Other known investors3 additional known investors
Alexander Lange
Ambush Capital
Lattice
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Violet 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
See Violet’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.