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River Financial - Series B
Overview
Funding Date
May 16, 2023
Financing amount
$35M
Valuation
--
Catagory
About River Financial - Series B
Bitcoin technology and financial services company River has raised $35 million in a Series B round led by investment firm Kingsway Capital, with participation from billionaire investor Peter Thiel. Other investors in this new funding included Cygni, Goldcrest, and Valor Equity Partners.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Kingdom | 2013 | 32 | info@kingswaycap.com | ||
| Angel Investor | United States of America | -- | 6 | -- | ||
| Fund | United States of America | 2019 | 10 | -- | ||
| Fund | United States of America | 2016 | 2 | -- | ||
| Fund | United States of America | 1995 | 19 | info@valorep.com |
Founders & Team
Alexander Leishman
Andrew Benson
Julia Duzon
Company Profile / Project Introduction
River Financial is a client-first financial institution dedicated to providing financial products and services that enable clients to harness the transformative possibilities of Bitcoin. River offers a wide range of bitcoin-related services for individuals and businesses, including a brokerage that offers zero-fee dollar-cost averaging, mining, full-reserve custody, and a wallet that supports both on-chain transactions and transactions on the Lightning Network – a bitcoin scaling solution that settles transactions off-chain for faster speeds and lower fees.