Utila

Company Overview

Snapshot

Founded in February 2022 by Bentzi Rabi, Utila operates with 51–200 employees. The company has raised $51.5M across 5 funding rounds from 21 investors. In September 2025, Utila received funding led by Red Dot Capital Partners.

Business overview

Utila provides a self-custody wallet platform and API designed for organizations to securely manage digital assets and develop custom offerings. Its core product, Utila Wallet, is an out-of-the-box solution enabling secure storage, transfer, and complete control of digital assets. The company primarily serves the Fintech & Insurtech sector, focusing on money transfer and management, with a business model centered on B2B enterprise clients.

Strategic signal

In September 2025, Utila's digital asset platform was reported to power over $60 billion in secured crypto transactions worldwide. This indicates significant market adoption and trust in their self-custody wallet solution, signaling strong operational traction and a growing footprint in the institutional digital asset space for investors.

Company Intelligence Q&A

What is Utila's primary offering?

Utila offers a self-custody wallet platform and API that enables organizations to securely manage digital assets and build custom offerings. Its flagship product is the Utila Wallet.

When was Utila founded?

Utila was founded in February 2022 by Bentzi Rabi.

What was a significant funding event for Utila in September 2025?

In September 2025, Utila received funding in a round led by Red Dot Capital Partners, with participation from.

What was a key development for Utila in March 2025?

In March 2025, Utila raised Series A funding with Nyca Partners as a lead investor.

What was a notable funding event for Utila in March 2024?

In March 2024, Utila secured Seed funding led by Cyverse Capital, with.