Ledger Raises $109 Million at a $1.4B Valuation

Ledger raised €100 million in a Series C extension funding round at a €1.3 billion valuation.

True Global Ventures, Digital Finance Group, and VaynerFund are the new investors in Ledger’s Series C round. Existing investors 10T, Cité Gestion Private Bank, Cap Horn, Morgan Creek, Cathay Innovation, Korelya Capital, and Molten Ventures also participated.

A second closing is scheduled for mid-April and a third closing will probably happen soon after. Pascal Gauthier, Chairman & CEO of Ledger, thanked Ledger’s long-term investors and welcomed the new investors.