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§ Private Profile · Paris, France
Ledger is a technology company.
Ledger develops security and infrastructure solutions for digital assets, primarily offering hardware wallets. These devices provide a secure environment for managing cryptocurrencies and blockchain applications. Their approach integrates secure hardware with a proprietary operating system, safeguarding private keys and enabling authorized transactions against cyber threats.
Founded in Paris in 2014, Ledger was established by Nicolas Bacca, Eric Larcheveque, and Joel Pobeda, among other experts. They identified the critical demand for robust security in the nascent blockchain and cryptocurrency space. Their combined expertise in embedded security and cryptography provided the insight that hardware-based solutions were vital for protecting digital assets from online vulnerabilities.
Ledger serves a broad customer base, from individual consumers to institutional investors managing digital asset portfolios. The company aims to be a global platform for digital assets and Web3, leading in critical digital asset security. Its vision is to empower individuals and organizations with tools to confidently participate in the digital economy.
Ledger has raised $573.0M across 5 funding rounds.
Key people at Ledger.
Ledger was founded in 2014 by Eric Larchevêque (Executive Chairman & Co-Founder).
Ledger has raised $573.0M in total across 5 funding rounds.
Ledger has raised $573.0M across 5 funding rounds. Most recently, it raised $110.0M Series C in March 2023.
Key people at Ledger.
Ledger was founded in 2014 by Eric Larchevêque (Executive Chairman & Co-Founder).
Ledger has raised $573.0M in total across 5 funding rounds.
Ledger's investors include 10T Holdings, Dragonfly Capital Partners, Hoxton Ventures, Incisive Ventures, NGC Ventures, Penglan, Twenty Seven Ventures, White Loop Capital, Mik Attisani, CapHorn Invest, Cathay Innovation, Cité Gestion Private Bank.
Ledger is a Paris-based technology company founded in 2014, specializing in hardware wallets and software platforms for securing cryptocurrencies and digital assets.[1][2][4] It serves individual retail investors, advanced traders, and institutions across 180+ countries, solving the critical problem of protecting crypto assets from hacks and thefts through self-custody solutions like Ledger Nano X, Nano S Plus, Ledger Stax, Ledger Live app, and Ledger Enterprise for businesses.[1][3][6] With over 6 million devices sold, 20% of global crypto assets secured, and 100+ institutional customers, Ledger maintains strong growth momentum, evidenced by a $380 million Series C round in 2022 valuing it at over $1.5 billion and expansions into DeFi, staking, NFTs, and enterprise custody.[1][2][3]
Ledger was founded in 2014 in Paris, France, amid the rising popularity of Bitcoin and early blockchain applications, positioning itself as a pioneer in hardware security for cryptocurrencies.[1][2][4] While specific founders are not detailed in available sources, the company quickly gained traction by launching its first hardware wallets, becoming the de facto standard for digital asset protection and selling over 3 million units by 2022 across 190 countries.[2] Pivotal moments include the 2020 rollout of Ledger Live for seamless trading and swapping, a $380 million Series C funding round to fuel global expansion, and the development of Ledger Enterprise for institutions, growing its team to over 900 professionals with offices in New York, London, Singapore, and Vierzon.[1][2][3]
Ledger rides the explosive growth of Web3, DeFi, and tokenized assets, where self-custody addresses centralization risks in crypto exchanges post-high-profile hacks.[1][3][6] Its timing aligns with mainstream adoption—post-2014 Bitcoin surge and 2020s DeFi boom—capitalizing on market forces like regulatory pushes for secure custody (e.g., institutional inflows) and rising NFT/digital asset utility.[2][3] By securing 20% of global crypto and enabling seamless on-ramps for retail/institutions, Ledger influences the ecosystem as the trusted gateway, fostering innovation in staking, trading, and enterprise blockchain while reducing barriers to entry and enhancing overall network security.[1][3]
Ledger is poised to dominate as the secure infrastructure layer for an expanding multitrillion-dollar digital asset economy, with upcoming focuses on OS enhancements, DeFi integrations, geographic scaling, and enterprise automation.[2][3] Trends like tokenization of real-world assets, AI-driven security, and clearer global regulations will amplify its momentum, potentially evolving it from hardware leader to full Web3 platform powering retail, finance, and beyond. As the go-to for critical asset protection amid rising adoption, Ledger exemplifies how early security bets yield enduring tech dominance.[1][6]