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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
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.
Kraken reached a $10B valuation in 2021.
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 | Funding round | - | $10B | - | |
| 2019 | Funding round | $13.5M | - | - | |
| 2019 | Funding round | $100M | - | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Kraken serves 6M customers.
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.
Kraken generates an estimated $144.2M in annual revenue.
Kraken was founded by Jesse Powell.
The CEO of Kraken is Jesse Powell.
Kraken raised $118.5M across 3 rounds.
Kraken has 675 employees.
Kraken is headquartered in San Francisco, California, United States.
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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Valuation
$10B
2024 Revenue
$144.2M(Est.)
Customers
6M
Funding
$118.5M
Avg ACV
$24
Team
675
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | Kraken Hit $144.2m revenue in October 2024 | Estimated |
| 2023 | Kraken Hit $109.2m revenue in December 2023 | |
| 2020 | Kraken Hit $12.3m revenue in December 2020 | |
| 2019 | Kraken Hit $15.1m revenue in December 2019 | |
| 2011 | Launched with $0 revenue |
| 2014 | Funding round | $5M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 675 employees (October 2024) | |
| 2023 | Reached 675 employees (December 2023) | |
| 2022 | Reached 1.7K employees (December 2022) | |
| 2021 | Reached 170 employees (April 2021) |
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