Startups

Grayscale bitcoin ETF liquidity provider.

Summary

Seedtable Score
  • 64
Locations
Company Size
  • 51 to 100 employees
Last Stage Round
  • Series B

Insights

This section hypothesizes why Flowdesk can be a $10 billion dollar company in 10 years, in 10 lines or less.


Flowdesk, based in Paris, uniquely positions itself in the fintech and crypto space by focusing specifically on providing liquidity for Grayscale Bitcoin ETFs. This specialization addresses a critical market need, as reduced liquidity often leads to higher transaction costs and increased volatility for traders. The company's B2B model targets institutional clients, making it a crucial intermediary in the trading ecosystem. Backed by investors like Eurazeo and Cathay Innovation, Flowdesk has strong financial and strategic support. By offering liquidity through both traditional exchanges and other means, Flowdesk enhances trading efficiency for its clients, positioning itself favorably against competitors and capitalizing on the growing interest in crypto financial products.

Total funding Amount

$80M

Fundraising History

  • Jan 18 '24 Series B
    $50M
  • Jun 01 '22 Series A
    $30M

Investors

  • Eurazeo
    Series A
  • Speedinvest
    Series A
  • Cathay Innovation
    Series B
  • Isai
    Series A
  • Fabric Ventures
    Series A
  • Aglaé Ventures
    Series A