Sepior ApS
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Sepior ApS - overview
Established
2013
Location
Aarhus, -, Denmark
Primary Industry
Software
About
Based in Aarhus, Denmark, Sepior ApS specializes in providing a secure platform for blockchain operations, focusing on Multi-Party Computation (MPC) technology that enhances security for digital asset management. Founded in 2013, Sepior ApS delivers solutions for secure blockchain operations. The company has undergone strategic pivots to focus more on institutional clients. Kurt Nielsen is the founder, and currently, Michael Priestley serves as the CEO.
In July 2022, Sepior raised USD 12. 00 mn in a Series A round led by SBI-Hikari Private Equity, bringing the total amount raised to USD 12. 00 mn. The company has completed 7 funding deals since inception.
Sepior ApS offers a range of products aimed at enhancing security and efficiency in blockchain operations for institutional clients. Key offerings include an institutional-grade staking platform that supports various blockchain networks, and Multi-Party Computation (MPC) wallets that ensure robust security for asset management. Their services are tailored to meet the needs of financial institutions, crypto-native companies, and exchanges, addressing the demand for secure digital asset management. In 2023, Sepior reported an EBITDA of USD 769,236.
50. The company's revenue generation is primarily through subscription-based services and partnerships with institutional clients, focusing on providing access to advanced blockchain infrastructure. Looking ahead, Sepior plans to leverage recent funding to develop both custodial and non-custodial wallet solutions. The company is targeting expansion into new markets in North America, Europe, and parts of Asia by the end of 2023, aiming to address the growing demand for secure blockchain infrastructure.
The funding from the Series A round will be instrumental in supporting these new product developments and market expansions.
Current Investors
Blockdaemon Inc., SBI Holdings
Primary Industry
Software
Sub Industries
Application Integration Software, Monitoring & Security Software
Website
www.sepior.com
Verticals
Blockchain, Blockchain, Cloud Computing, Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sepior ApS - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | (1,101,380) | (210,538) | (655,684) | (18,532) | 177,245 | (3,059,110) | (5,030,740) | (4,512,273) | 2,681,267 | - | - | - |
| Operating Income (USD) | (1,101,380) | (210,538) | (655,684) | (18,532) | 177,245 | (3,078,521) | (6,797,791) | (7,770,585) | (4,643,706) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (831,266) | (282,854) | (743,391) | 30,561 | 4,470 | 1,853,574 | (2,796,062) | (7,549,253) | (157,293) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - |
Sepior ApS - employee data
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