Celsius Network

Celsius Network

DeadfraudWeb3 / Crypto

Crypto-yield platform that froze withdrawals and filed for bankruptcy; founder later charged with fraud.

Web3 / CryptoHoboken, United StatesFounded 2017celsius.network
$864.0M
Total Raised
1
Funding Rounds
5
Known Investors
parked
Domain Status

What went wrong

fraud
Date of death
July 13, 2022
Lifespan
5 years
Capital burned
$864.0M

Crypto-yield platform that froze withdrawals and filed for bankruptcy; founder later charged with fraud.

Funding Timeline

Series BLead
$750.0MNov 2021
Hemant Taneja at General Catalyst

Investors

Hemant Taneja

General Catalyst

$150.0M
Gustaf Alströmer

Y Combinator

$150.0M
David Sacks

Craft Ventures

$150.0M
Vinod Khosla

Khosla Ventures

$150.0M
Josh Kopelman

First Round Capital

$150.0M

Domain Info

Domaincelsius.network
Statusparked