AtomicBox

Company Overview

Snapshot

Founded in May 2018 by Amit Green, Itai Rosenblatt, Ronen Waisserberg, Dvir Koren, and Dvir Greenberg, AtomicBox operated with 1–10 employees. The company raised $2.5 million across one funding round from Hexa Group. In January 2020, AtomicBox secured a $2.5 million financing round.

Business overview

AtomicBox developed a clearing service for cryptocurrencies, guaranteed by collateral. The system was designed to be encrypted, secured, and non-custodial, providing instant payment approval. It offered multi-currency clearing services for individuals and financial institutions, with a focus on protecting against fraud and partially executed deals within the Fintech & Insurtech sector.

Strategic signal

In January 2020, AtomicBox raised $2.5 million in a financing round led by Hexa Group. This funding validated the company's decentralized collateral management platform for cryptocurrencies, signaling investor confidence in its potential to address fraud and execution issues in multi-currency clearing services.

Company Intelligence Q&A

What is AtomicBox's primary business?

AtomicBox developed a decentralized collateral management platform that provided a clearing service for cryptocurrencies, focusing on security, instant payment approval, and fraud protection for individuals and financial institutions.

When was AtomicBox founded?

AtomicBox was founded in May 2018.

Who were the founders of AtomicBox?

AtomicBox was founded by Amit Green, Itai Rosenblatt, Ronen Waisserberg, Dvir Koren, and Dvir Greenberg.

What was the last disclosed funding event for AtomicBox?

In January 2020, AtomicBox raised $2.5 million in a financing round led by Hexa Group.

What is the current status of AtomicBox?

AtomicBox is currently non-active and ceased to operate in September 2022.