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Merkle Science - About the company

Merkle Science is a series B company based in Singapore (Singapore), founded in 2018 by Mriganka Pattnaik and Nirmal Ak. It operates as a Blockchain analytics platform for cryptocurrency risk and threat detection. Merkle Science has raised $25.6M in funding from investors like Darrow Holdings, BECO Capital and SGInnovate. The company has 388 active competitors, including 118 funded and 24 that have exited. Its top competitors include companies like Ledger, Chainalysis and CertiK.

Company Details

Blockchain analytics platform for cryptocurrency risk and threat detection. It offers tools for identifying suspicious transactions and preventing fraud. It helps with compliance regarding regulations. The platform also provides forensic analysis of cryptocurrency transactions. It assists in tracking stolen funds and investigating illicit activities.
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Email ID
*****@merklescience.com
Registered Address
6 RAFFLES QUAY #11-07 SINGAPORE 048580
Key Metrics
Founded Year
2018
Location
Singapore, Singapore
Stage
Series B
Total Funding
$25.6M in 3 rounds
Latest Funding Round
Ranked
Annual Revenue
SGD 1M - 10M as on Oct 31, 2022
Employee Count
55 as on Jun 30, 2026
Investment & Acquisitions
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Merkle Science's funding and investors

Merkle Science has raised a total funding of $25.6M over 3 rounds. Its first funding round was on May 14, 2019. Its latest funding round was a Series B round on Aug 05, 2022 for $*****. 16 investors participated in its latest round. Merkle Science has 35 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Merkle Science:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 05, 2022
4645358
Series B
1891157
3857141
1719881
3924735
Sep 29, 2021
4131784
Series A
7765489
3244787
8551757
May 14, 2019
1132293
Seed
7483715
4782798
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Merkle Science's founders and board of directors

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The founders of Merkle Science are Mriganka Pattnaik and Nirmal Ak. Mriganka Pattnaik is the CEO of Merkle Science.
Here are the details of Merkle Science's key team members:

Merkle Science's Board of Directors

Merkle Science's board has 3 active members. Mriganka Pattnaik and Nirmal Ak are part of team and Anthony Gravanis is independent board member.
Here is the list of Merkle Science's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 6m
Team
-
Current
7y 6m
Independent board member
-
Current
6y 9m

Merkle Science's employee count trend

Merkle Science has 55 employees as of Jun 26. Here is Merkle Science's employee count trend over the years:
Employee count trend for Merkle Science
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Merkle Science's Competitors and alternates

Top competitors of Merkle Science include Ledger, Chainalysis and CertiK. Here is the list of Top 10 competitors of Merkle Science, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ledger
Ledger
2014, Paris (France), Series C
Blockchain based hardware wallet for cryptocurrency
$575M
82/100
2nd
Logo for Chainalysis
Chainalysis
2014, New York City (United States), Series F
Blockchain data platform providing crypto insights
$538M
77/100
3rd
Logo for CertiK
CertiK
2017, New York City (United States), Series B
Provider of comprehensive blockchain security solutions, including smart contract audits, due diligence, and cyber threat monitoring
$296M
75/100
4th
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
5th
Logo for Behavox
Behavox
2014, London (United Kingdom), Series B
Provider of AI-driven platform for regulatory compliance and risk management
$168M
71/100
6th
Logo for Elliptic
Elliptic
2013, London (United Kingdom), Series D
Provider of blockchain analytics software for digital asset risk management
$224M
70/100
7th
Logo for MetaMask
MetaMask
2015, San Francisco (United States), Funding Raised
Developer of a platform for managing digital assets and blockchain interactions
-
69/100
8th
Logo for Casa
Casa
2016, Denver (United States), Series A
Platform offering self-custody solutions for cryptocurrency
$52.5M
69/100
9th
Logo for Solidus Labs
Solidus Labs
2017, New York City (United States), Series B
Digital asset trade surveillance solution
$83M
67/100
10th
Logo for Concordium
Concordium
2018, Cham (Switzerland), Series B
Layer-1 blockchain protocol focused on identity-first
$15M
67/100
15th
Logo for Merkle Science
Merkle Science
2018, Singapore (Singapore), Series B
Blockchain analytics platform for cryptocurrency risk and threat detection
$25.6M
66/100
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Merkle Science's Investments and acquisitions

Merkle Science has a total of 1 investment in Staging Labs. Merkle Science has not made any acquisitions as of now.

Reports related to Merkle Science

Here is the latest report on Merkle Science's sector:

News related to Merkle Science

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Media has covered Merkle Science for 1 event in last 1 year, It was about partnerships.
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