Diligence memo · auto-generated · as of July 2, 2026
Cryptocean LLC
Cryptocean LLC looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Cryptocean LLC operates in Other Technology, based in TALLINN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cryptocean LLC has raised $70M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $70M on 2018-07-01.
Most recent recorded round closed around 2018-07-01.
Valuation (modeled)modeled
Provath models Cryptocean LLC at approximately $2.2B (range $265M–$5.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.40× the median modeled value of Series C Other Technology companies in 2016–2018 (94 peers) — value vs value, same stage and era. Within the normal band (140% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 8.0 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 95% of Other Technology peers (21292 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Cfunworld Ltd, PhunCoin, Inc., Cylance Inc., ACV Auctions Inc., Petuum Holdings, Ltd..
Peoplefiled
1 named person on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.