Valuation · 2021
$10B
2024 Revenue
$144.2M(Est.)
Customers
6M
Funding
$118.5M
Avg ACV
$24
Team
675
Founded
2011
Kraken Revenue, Valuation & Funding (2024)
Kraken generated an estimated $144.2M in annual revenue in 2024. Source: GetLatka estimate
Kraken is a provider of online tool for forex trading. The company is servicing customers globally and has local banking relationships in the United States, European Union and South Korea. It provides professional exchange and trading platform for digital currencies. It was founded in 2011 and is headquartered in San Francisco, California. The company seeks to strengthen and expand the company's core business through acquisitions.
Last updated
Kraken Revenue
In 2024, Kraken's revenue reached $144.2M. The company previously reported $109.2M in 2023. Since its launch in 2011, Kraken has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Kraken Hit $144.2m revenue in October 2024 | Estimated |
| 2023 | Kraken Hit $109.2m revenue in December 2023 | Estimated |
| 2020 | Kraken Hit $12.3m revenue in December 2020 | Not recorded |
| 2019 | Kraken Hit $15.1m revenue in December 2019 | Not recorded |
| 2011 | Launched with $0 revenue |
Kraken Valuation, Funding Rounds
Kraken reached a $10B valuation in 2021, set during its Valuation round.
Kraken has raised $118.5M in total funding across 3 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Valuation | - | $10B | - | Not recorded |
| 2019 | Funding round | $13.5M | - | - | Not recorded |
| 2019 | Funding round | $100M | - | - | Not recorded |
| 2014 | Funding round | $5M | - | - | Not recorded |
Founder / CEO
Customers
Kraken serves 6M customers.
Kraken Employees & Team Size
Kraken employs approximately 675 people as of 2026, including 1 sales reps that carry a quota. It serves 6M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 675 employees (October 2024) | Not recorded |
| 2023 | Reached 675 employees (December 2023) | Not recorded |
| 2022 | Reached 1.7K employees (December 2022) | Not recorded |
| 2021 | Reached 170 employees (April 2021) | Not recorded |
Frequently Asked Questions about Kraken
What is Kraken's revenue?
As of 2024, Kraken generated an estimated $144.2M in annual revenue.
What is Kraken's valuation?
As of 2021, Kraken was valued at $10B.
Who founded Kraken?
Kraken was founded by Jesse Powell.
When was Kraken founded?
Kraken was founded in 2011.
Who is the CEO of Kraken?
The CEO of Kraken is Jesse Powell.
How much funding does Kraken have?
Kraken raised $118.5M across 3 rounds.
How many employees does Kraken have?
As of 2024, Kraken had 675 employees.
Where is Kraken headquartered?
Kraken is headquartered in San Francisco, California, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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