Leading Crypto Ira Software Platform Itrustcapital Secures $125 Million In Series A Round Led By Nyc-Based Left Lane Capital
Leading Crypto Ira Software Platform Itrustcapital Secures $125 Million In Series A Round Led By Nyc-Based Left Lane Capital
01/19/22, 9:00 AM
Location
long beachMoney raised
$125 million
Round Type
series a
iTrustCapital, the #1 software platform in America for buying and selling cryptocurrencies through individual retirement accounts (IRAs)*, announced today it has secured $125 million in a Series A growth equity investment with a post-money valuation exceeding $1.3 billion. The round was led by NYC-based growth equity firm Left Lane Capital. iTrustCapital plans to use the proceeds to expand products and services, scale client service and development teams, explore strategic acquisitions, and launch additional marketing channels. iTrustCapital has been bootstrapped to date and is profitable.
Company Info
Location
long beach, california, united states
Additional Info
iTrustCapital is the #1 Crypto IRA software platform in America that allows clients to transact in cryptocurrencies with the tax advantages of their IRA. iTrustCapital's revolutionary software platform eliminates the costly inefficiencies and outdated processes of previous IRA models, opening the door for investors to access various digital assets through their retirement accounts --at costs lower than other IRA companies. Headquartered in Long Beach, CA, iTrustCapital was founded in 2018 by Todd Southwick and Blake Skadron. iTrustCapital's software platform is available to all qualified US-based investors (excluding NY and HI) and currently provides access to 25 cryptocurrencies, as well as physical gold and silver. iTrustCapital continues to review and add new assets frequently to meet demand.