Crypto Data Provider Kaiko Raises $53 Million in Series B Funding
- Revaia and other existing investors participated in the funding round.
- The round was led by Eight Roads.

A spokesperson for Kaiko declined to disclose exact figures but said the series B deal tripled the company’s valuation from June 2021. “What was challenging, in all honesty, was the due diligence and closing process because we were really, really under scrutiny. They went into many, many details to make sure that there was barely any risk in the investment,” Ambre Soubiran, Kaiko’s Chief Executive Officer, commented during an interview with Bloomberg.
Providing market data, pricing services, indices and industry research to clients and partners like Deutsche Boerse, ICE Global Network, Messari and Paxos, Kaiko serves institutional investors and businesses. Pascal Gauthier founded the company in 2014 before being acquired by Soubiran, a former HSBC banker now the CEO of the crypto hardware firm, Ledger.
“Building the narrative around the series B pitch was not the hardest part. The hardest part was getting the whole thing across the finish line in the middle of a minus 80 percent downturn,” Soubiran noted. According to Soubiran, Kaiko has benefited from the crypto meltdown as customers want to know why prices are falling. During the current crisis, she noted a sharp increase in leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Read this Term for new clients.
Eight Roads Perspectives
Eight Roads’ Alston Zecha, who handled the fund’s investment in Kaiko, said the crypto industry has matured over the past seven years since he first presented an overview of the industry to colleagues and senior executives at Fidelity International.
"When you speak to most VCs, yes, they are potentially slowing down their pace of deployment, but they're not saying 'no' for really promising companies. The phrase that VCs use is the bar is higher,” Zecha pointed out.
A spokesperson for Kaiko declined to disclose exact figures but said the series B deal tripled the company’s valuation from June 2021. “What was challenging, in all honesty, was the due diligence and closing process because we were really, really under scrutiny. They went into many, many details to make sure that there was barely any risk in the investment,” Ambre Soubiran, Kaiko’s Chief Executive Officer, commented during an interview with Bloomberg.
Providing market data, pricing services, indices and industry research to clients and partners like Deutsche Boerse, ICE Global Network, Messari and Paxos, Kaiko serves institutional investors and businesses. Pascal Gauthier founded the company in 2014 before being acquired by Soubiran, a former HSBC banker now the CEO of the crypto hardware firm, Ledger.
“Building the narrative around the series B pitch was not the hardest part. The hardest part was getting the whole thing across the finish line in the middle of a minus 80 percent downturn,” Soubiran noted. According to Soubiran, Kaiko has benefited from the crypto meltdown as customers want to know why prices are falling. During the current crisis, she noted a sharp increase in leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating leads that traditionally fall under the mantle of advertising. However, this may also include non-paid sources such as organic search engine results or referrals from existing customersHow Are Leads Generated?In the FX space, nearly every brokerage has their own list of leads. How exactly these are generated varies to some extent. Most come from a composite of sources or activities.Specific parameters on the Internet such as personal referrals, telephone calls, or even conference attendance either by the company or telemarketers, through advertisements are the most common examples of this.Indeed, content marketing, search engine, and events are all effective ways in bolstering leads over time and account for the highest concentration of lead generation.Leads are also a powerful took by marketers to pursue new clients. This can involve customer relationship management (CRM) technology or follow ups in the form of contacting.The goal of these contacts is the conversion into a client. Simply obtaining a list of leads does not always correlate to business. This is where sales, follow ups, or other methods come into play. Read this Term for new clients.
Eight Roads Perspectives
Eight Roads’ Alston Zecha, who handled the fund’s investment in Kaiko, said the crypto industry has matured over the past seven years since he first presented an overview of the industry to colleagues and senior executives at Fidelity International.
"When you speak to most VCs, yes, they are potentially slowing down their pace of deployment, but they're not saying 'no' for really promising companies. The phrase that VCs use is the bar is higher,” Zecha pointed out.