3Commas Technologies OU

3Commas Technologies OU offers automated crypto trading tools to enhance trading efficiency for users. The company specializes in various trading bots that cater to different trading strategies and market conditions. 3Commas Technologies OU, founded in 2017 in Tallinn, Estonia, provides automated trading solutions for cryptocurrency markets. The company has raised USD 37.

00 mn in Series B funding as of September 2022, led by investors including Alameda Research and Jump Capital. Its CEO, Yuriy Sorokin, is among the founders, along with Andres Susi and Mike Goryunov. 3Commas delivers a range of automated crypto trading tools tailored for both novice and experienced traders. Its key products include the DCA Bot for dollar-cost averaging, the Grid Bot for trading in sideways markets, and the Signal Bot, which integrates with TradingView for automated trading based on signals.

These tools are available globally to individual traders and institutional clients, facilitating optimized trading strategies. In 2023, 3Commas reported a revenue of USD 10. 97 mn and an EBITDA of USD -20. 92 mn.

The company primarily generates revenue through subscription models with plans such as Free, Pro at USD 49 per month, and Expert at USD 79 per month, catering to diverse customer needs. Following the Series B funding of USD 37. 00 mn in September 2022, 3Commas intends to leverage this investment to enhance its technology and expand its workforce. The company is focused on developing new products and expanding into key markets, including North America and Europe, to better serve its client base.

Specific timelines for product launches and market entries have not been disclosed.