Exodus provides a decentralized, user-friendly crypto wallet focused on self-custody and broad asset support (including Dogecoin). The company offers its wallet as an entry point to cryptocurrency and accepts assets based on market capitalization and demand. Exodus reached profitability in late 2017 and has used profits to reinvest in the business rather than relying on venture capital. According to preliminary unaudited records, Exodus reported $21.3M in revenue for 2020 (168% growth year-over-year), $12.4M gross profitability, and $8.9M adjusted EBITDA in 2020. The firm reported it is on track to beat 2020 revenue in Q1 2021. The company has pursued novel product and fundraising approaches, including an in-app tokenized equity offering to fund future growth and platform improvements.

Total raised

$60M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2021