Copper
Digital asset infrastructure for institutions
- 201-500 employees
- Fintech
- B2B
- Cryptocurrency
- Financial Services
- SaaS
- Soho, London, UK
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Company mission
To shape the future of markets by building blockchain-based infrastructure that enables institutions to move and deploy capital more efficiently.
3% employee growth in 12 months
Our take
Copper aims to hyper-secure the process of storing digital assets through many different mediums and a refined architectural infrastructure. The company offers customers the ability to trade securely with ClearLoop Security, look at automating treasury via API with proxy wallets, and many other services suiting clients of varying sizes.
The movement of assets in the crypto sector can be daunting for everyone involved, so having a space where security is at the forefront of Copper's work will certainly be an appealing factor for customers. Its appointed of Tim Neill as Chief Risk Officer, who joins with 20 years experience in the space, speaks to the company's desire to set industry standards for security.
Copper secured a remarkable amount of funding in late 2022 at a time when venture funding overall dropped by nearly half, but the company did not prove to be immune to challenging economic conditions and the regulatory scrutiny affecting the crypto sector in particular. The company responded with a strategic realignment to refocus on its core business, which is seeing increases in trading volumes and an influx of new clients as the market begins to recover.
Freddie
Company Specialist at Welcome to the Jungle
Funding (last 2 of 7 rounds)
Oct 2022
$181m
SERIES C
Oct 2022
$15m
CONVERTIBLE
Total funding: $281.3m
This company has top investors
Leadership
Elin Cherry
(Co-CEO)Prior to joining Copper as Co-CEO in 2026, Elin was the Head of America Compliance at Marex. They also previously founded Elinphant where they served as the CEO for nearly 7 years.
Sam Goh
(Co-CEO)Prior to joining Copper in 2023, Sam worked at Onfido as an Acting CFO, and as the VP & SVP of Finance. They also spent nearly 7 years at Lebara as the Interim Head of Revenue Assurance & Fraud, Head of M&A and as a Corproate Finance Director.