Last updated 2026-06-18
- Raised $1.6M funding round, May 2018
Total raised
$1.6M
Last: 2018-05
Stage
Seed
Founded
2018
Headcount
30
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Carats.io is building a liquid method to exchange diamonds' digital value with real-world usage and exposure to the diamond and jewelry industries. CARAT is a diamond-backed digital currency that can be redeemed in the real-world diamond market. By being linked to a physical commodity averaging an appreciation of 56% annually, the CARAT Token remains a stable and promising asset. In addition to being a sound use of capital, the CARAT Token can also be used to purchase diamonds and jewelry, as a peer-to-peer payment method, and as a financing and banking solution for the diamond and crypto industries.
Funding history · 1 round · $1.6M total
2018-05
$1.6M
Q&A
- What is the current status of Carats.io?
- Carats.io is currently inactive, having ceased operations in December 2019.
- When was Carats.io founded?
- Carats.io was founded in January 2018.
- What is Carats.io's primary business?
- Carats.io aimed to build a liquid secondary market for diamonds by exchanging their digital value with real-world usage, primarily through a diamond-backed digital currency called CARAT.
- How much funding has Carats.io raised in total?
- Carats.io has raised a total of $1,600,000 USD.
- Which investor participated in Carats.io's funding round?
- Net Capital Ventures participated in Carats.io's funding round in May 2018.
- What is the employee count for Carats.io?
- Carats.io had an employee count in the 11-50 range.
- Where is Carats.io headquartered?
- Carats.io is headquartered in Tel Aviv-Yafo, Israel.
- Who are the co-founders of Carats.io?
- The co-founders of Carats.io include Avishai Shoushan (CEO), Dor Eligula (CMO), Gaby Diamant (CPO), Or Eligula (Operations), and Mor Hazan (Product Manager).
Team · 5
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Artificial IntelligenceMachine LearningData StorageP2P
Target customers
Commerce & RetailConsumer GoodsJewelryConsumersFinancial & Real EstatePrivate Investors
Business model
B2CB2B
Tags
machine-learningp2pdiamondsinvestorsartificial-intelligencecryptocurrencyfintechweb-platformblockchaintrading-and-investingtradingbig-datajewelryalgorithms
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/18428633 | |
| facebook.com/carats.io | |
| instagram.com/carats.io |
Identifiers & details
| Founded | 2018-1 |
|---|---|
| Employees (exact) | 30 |
| Offices | United Kingdom |
| Status reason | Non Active, Dec 2019 ceased to operate |