Violet
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Violet - overview
Established
2021
Location
Berlin, -, Germany
Primary Industry
IT Infrastructure
About
Based in Berlin, Germany, and founded in 2021 by Markus Maier and Philipp Banhardt, DeFi Labs GmbH, doing business as Violet, develops compliance and identity management tools designed for decentralized finance (DeFi). In March 2023, Violet raised USD 15 million in venture funding from investors Brevan Howard Capital Management and Coinbase Ventures, with participation from returning investors BlueYard Capital, Balderton Capital, Ethereal Ventures, and FinTech Collective. As of 2023, the company has a client base that includes companies like Coinbase, BlueYard, Balderton, and many more. Prelaunch.
com offers decentralized finance solutions that include privacy-protective compliance and identity infrastructure used for privacy-preserving and reusable on-chain compliance services. The company provides legal compliance services, including know your customer (KYC), know your business customer (KYBC), sanctions checks, and anti-money laundering (AML). The company plans to use the March 2023 funding to boost the launch and global adoption of its product Mauve.
Current Investors
Frontline, BlueYard Capital, Inflection Ventures
Primary Industry
IT Infrastructure
Sub Industries
Web Applications, IT Infrastructure, IT Security/Cybersecurity, Accounting/Finance Software, Legal Software
Website
www.violet.co
Verticals
Blockchain, RegTech
Company Stage
Angel & Seed
Total Amount Raised
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