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Wintermute

Wintermute

Private
LondonCrypto & Web3https://www.wintermute.com/

Last Round

Early Funding

Feb 1, 2025

Est. Valuation

$2B

Total Funding Raised

$22.8M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Wintermute is a global algorithmic trading firm and liquidity provider that specializes in digital assets across centralized and decentralized exchanges.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, DeFi, Crypto Exchanges

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting, Revenue Share

AI Layer

Application

Keywords

market makerliquidity provideralgorithmic tradingcrypto market makingDeFi liquidityOTC tradingprediction markethigh-frequency tradingHFTDeFi vaultcrypto market structureinstitutional cryptomarket making firmcrypto quantliquidity-as-a-service

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Wintermute Comparables

Compare Wintermute with similar companies based on industry and business-model similarity.

Wintermute comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Keyrock
88%
Kronos Research
85%
Flowdesk
82%

Wintermute Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingFeb 1, 2025
Early FundingJul 1, 2024
Series BJan 20, 2021
Series AJul 7, 2020
SeedFeb 10, 2020

Key People

Founding team and executive leadership

Evgeny Gaevoy

Founder and CEO

Founding Team

Valentine Samko

CTO, head trading platform developer

Executive Team

Nalaka Gamage

Chief Financial Officer

Executive Team

Marina Gurevich

Chief Operating Officer

Executive Team

Wintermute Investors

Notable investors and investment history

Wintermute investors
InvestorRounds
Ryze LabsSeries B
FBG CapitalSeed
Hutt CapitalSeries B
Blockchain.com VenturesSeries A, Series B, Seed
Alliance DAOSeries A, Series B
RockawayXSeries A, Series B
Sino Global CapitalSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 9, 2026

    Launched Yield Dashboard on institutional platform NODE.

  • Apr 1, 2026

    Described as a technology unicorn in a job posting.

Recent news

Latest coverage and updates

  • invests_intoSep 7, 2026

    Wintermute invested into Router $4.1M on Jul 1st '21.

  • launchesAug 26, 2026

    Wintermute launches Custom Basket Swaps.

  • has_revenueAug 24, 2026

    Wintermute Group had revenue of $2.27M on Aug 24th '26.

  • invests_intoAug 20, 2026

    Wintermute Group invests into Silicon Data $30.5M in Series A.

  • identified_as_competitor_ofAug 13, 2026

    Wintermute Group identified as competitor of XTX Markets Limited.

Wintermute Filings

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Wintermute filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersLondon
Employee Range134
Year Founded2017
Last FundingFeb 1, 2025

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