Kirobo

Blockchain Solution to Protect Crypto Assets

Fintech & Insurtech
Private

Company Overview

Snapshot

Founded in December 2016 by Asaf Naim and Tal Asa, Kirobo operates with 11–50 employees. The company has secured $6.5M in total capital across three funding rounds from three investors. In May 2021, Kirobo received a strategic investment from DigiMax.

Business overview

Kirobo develops blockchain solutions aimed at preventing the loss of crypto assets for both businesses and individuals. Its core technology, including smart rules and SmartWallet, helps companies protect significant crypto holdings from mismanagement and embezzlement, while offering individuals a safety net against loss of wallet access, theft, or holder death. The company operates within the Fintech & Insurtech sector, focusing on money transfer and management, and serves the global market with a particular emphasis on virtual currencies.

Strategic signal

In June 2021, Kirobo expanded its crypto transfer 'undo button' functionality to include major tokens like UNI, Chainlink, BNB, USDT, Sushi, and KIRO. This development is significant for the decentralized finance (DeFi) industry as it addresses a critical risk factor in crypto transactions, offering users a layer of security previously unavailable. For investors, this signals Kirobo's continued innovation in enhancing crypto asset protection and its potential to mitigate transaction risks in a rapidly evolving market.

Company Intelligence Q&A

What was a significant strategic investment received by Kirobo?
In May 2021, Kirobo received a strategic investment from DigiMax, an artificial intelligence and cryptocurrency technology solutions provider, aimed at addressing decentralized finance (DeFi) transaction risks.
What key functionality did Kirobo expand in June 2021?
In June 2021, Kirobo made its crypto transfer 'undo button' available for transactions involving UNI, Chainlink, BNB, USDT, Sushi, and KIRO, enhancing security for various digital assets.
Which investors participated in Kirobo's November 2019 Seed round?
In November 2019, Kirobo received Seed funding from investors Meni Rosenfeld.
When did Kirobo first claim to have invented an 'undo' button for BTC transactions?
In July 2020, an Israeli blockchain startup, Kirobo, claimed to have invented an 'undo' button for BTC transactions.

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