Tesseract

Series A · Fintech · Helsinki, Finland · Founded 2017 · 31–50 employees

Tesseract is a regulated institutional digital asset lending company based in Helsinki that provides yield-generating solutions to institutional clients including cryptocurrency exchanges and custodians across Europe and emerging markets. The company offers a white-label Earn API that enables partners to provide crypto yield products to their customers with different risk strategies. Founded in 2017, Tesseract achieved profitability in early 2020 and raised a $25 million Series A funding round in June 2021 led by Augmentum Fintech with participation from notable investors like Coinbase Ventures and Sapphire Ventures. The company is authorized under MiCA regulation by Finland's Financial Supervisory Authority and has experienced explosive growth with over 20x year-on-year growth.

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