Engagement — Platform Due Diligence
Code & Co. provides AI & Tech Due Diligence to One Peak ahead of its investment in Elliptic, a global leader in digital asset decisioning and AI-native compliance infrastructure.
Elliptic, a global leader in real-time blockchain analytics, has announced the closing of a $120 million Series D fundraise led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank and the British Business Bank. The round values Elliptic at $670 million. The fundraise will accelerate Elliptic's mission to deliver enterprise-grade on-chain analytics for the world's largest and most demanding banks, fintechs, government agencies and crypto and payments companies.
Scope of work
Code & Co. advised One Peak on AI & Tech Due Diligence through an in-depth evaluation of the Elliptic platform, covering its AI-native compliance capabilities, cross-chain analytics and decisioning solutions, product strategy and roadmap, and approach to delivering enterprise-grade customer value across banks, fintechs, government agencies, and digital asset businesses.
The assessment further examined the underlying technology stack, software architecture, data infrastructure, scalability, and cybersecurity practices, and concluded with a review of Elliptic's engineering organization, software development lifecycle, and key considerations for supporting continued product development and growth.
About Elliptic
Elliptic is the leader in digital asset decisioning, having built the most comprehensive platform for efficiently extracting cryptoasset data and intelligence across blockchains with the greatest accuracy. Its platform's unrivaled uptime, scalability, depth and breadth of data and intelligence means exacting organizations choose Elliptic for their compliance, risk management, intelligence operations and blockchain infrastructure needs. To learn more, visit elliptic.co.
About One Peak
One Peak is a leading growth equity firm with $4bn in assets under management that invests in technology companies in the scale-up phase. One Peak provides growth capital, operating expertise, and access to its extensive network of exceptional entrepreneurs, with a view to help transform innovative and rapidly growing businesses into lasting, category-defining leaders. In addition to Elliptic, One Peak's investments include Akur8, Ardoq, Cymulate, Datarails, Deepki, Docplanner, emnify, iplicit, Keepit, Lucca, Neo4j, PandaDoc, Sparta, and many others. To learn more, visit www.onepeak.tech.