Company Overview
Snapshot
Founded in June 2021 by Raphael Fettaya and Eytan Messika, Nilos operates with 11–50 employees. The company has secured $5.47 million in total capital across two funding rounds from seven investors. A significant milestone includes a Seed funding round in September 2022, led by Viola Ventures.
Business overview
Nilos develops a custodial wallet solution designed for non-crypto native companies entering the Web3 space. The company's core product simplifies the management of crypto earnings by providing a platform that integrates crypto wallets, corporate bank accounts, and payment service providers. Nilos serves brands and creators, operating within the Fintech & Insurtech sector, specifically focusing on money transfer and management, and financial operations software.
Strategic signal
In September 2022, Nilos raised $5.2 million in a Seed funding round, led by Viola Ventures and joined by. This capital infusion is critical for Nilos to advance its mission of unifying crypto and fiat treasuries for businesses, signaling strong investor confidence in its platform for managing digital assets and traditional finances. The funding supports the company's growth and its ambition to become a standard for crypto finance management, indicating a positive trajectory for market expansion and product development.
Log in to access full profile ›Company Intelligence Q&A
- What is Nilos's primary offering?
- Nilos offers a custodial wallet designed to help non-crypto native companies manage their crypto earnings by centralizing treasury operations across crypto wallets, corporate bank accounts, and payment service providers.
- When was Nilos founded and by whom?
- Nilos was founded in June 2021 by co-founders Raphael Fettaya and Eytan Messika.
- Which investors participated in Nilos's Seed funding round in September 2022?
- In September 2022, Nilos secured Seed funding from investors including Viola Ventures.
- What is the total capital raised by Nilos?
- Nilos has raised a total of $5.47 million across two funding rounds.
- What is the strategic importance of Nilos's platform?
- Nilos's platform is strategically important for simplifying crypto finance management for businesses, enabling them to track incomes, reconcile money flows, and make payments seamlessly across both crypto and fiat currencies.