Last updated 2026-06-18
- Raised $400M funding round led by Westcap, Oct 2021
- Raised $18.8M funding round, Jul 2020
- Raised $10M funding round led by Tether , Jun 2020
Total raised
$428.8M
Last: 2021-10
Stage
Series B
Founded
2017
Headcount
169
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Celsius develops an earning and lending platform accessible via a mobile app. Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn rewards by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 1% APR.
Funding history · 3 rounds · $428.8M total
2021-10
2020-07
$18.8M
2020-06
$10.0M
Q&A
- What is Celsius Network's primary business?
- Celsius Network operates as a crypto lending network, developing an earning and lending platform accessible via a mobile app. It provides financial services for crypto holders to earn rewards and borrow USD against crypto collateral.
- When was Celsius Network founded?
- Celsius Network was founded in July 2017.
- What is the current status of Celsius Network?
- Celsius Network is currently inactive, having ceased operations in January 2023.
- Where is Celsius Network's headquarters located?
- Celsius Network's headquarters is located in Tel Aviv-Yafo, Israel.
- How much funding has Celsius Network raised in total?
- Celsius Network has raised a total of $428,800,000 USD.
- Who were the lead investors in Celsius Network's October 2021 funding round?
- In October 2021, Celsius Network raised $400,000,000 USD in a funding round led by Westcap and Caisse de dépôt et placement du Québec (CDPQ).
- What is the employee count for Celsius Network?
- Celsius Network has an employee count in the 51-200 range.
- What are the primary sectors Celsius Network operates in?
- Celsius Network operates primarily in the Fintech & Insurtech sector, with additional focus on Lending & Financing, Money Transfer & Management, and Trading & Investing.
Team · 1
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & FinancingMoney Transfer & ManagementTrading & Investing
Technologies
CryptographyEncryptionTokenizationData StorageDLT & Blockchain
Target customers
Financial ServicesFinancial InstitutionsBanksFinancial ProductsVirtual CurrenciesInvestment & Portfolio ManagementCustodianConsumersFinancial & Real EstatePrivate InvestorsProfessionals & Gig EconomyDigital Nomads
Business model
B2B
Tags
unicorn-2021lending-and-financingdigital-walletp2pfintechblockchaincryptocurrency
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/11249083 | |
| facebook.com/CelsiusNetwork | |
| YouTube | youtube.com/channel/UC3yZY7UVs-zPKBuyNuPinbQ |
Identifiers & details
| Founded | 2017-7 |
|---|---|
| Employees (exact) | 169 |
| Offices | United Kingdom; Hoboken |
| Status reason | Non Active, Jan 2023 ceased to operate |