V

VaultPay

Crypto-native treasury management

FinTechSeries A$50M - $100M
Final Score
76
Tier 2: High Growth / Low Moat

Negotiate valuation

Investment Decision

Tier 2: High Growth / Low Moat

Likely burn-heavy with stiff competition

Recommended Action

Negotiate valuation

Headquarters

Miami, FL

Founded

2022

Employees

45-60

About

VaultPay provides institutional-grade treasury management for companies holding digital assets. Our platform enables secure custody, yield optimization, and compliant accounting for crypto treasuries.

Weighted Scoring Breakdown
Execution Power

Weight: 30%

85.0

Founder-Market Fit + Revenue Velocity

Capital Efficiency

Weight: 30%

72.5

Burn Multiple + LTV/CAC

Durable Moat

Weight: 25%

67.5

Proprietary Data + Integration Depth

Growth Potential

Weight: 15%

77.5

NRR + K-Factor

Evaluation Metrics (1-100 Scale)
Founder-Market FitTarget: 10+ yrs domain + serial exit

8 yrs domain exp

Revenue VelocityTarget: >200% YoY Growth

195% YoY ARR Growth

Burn MultipleTarget: <1.0x

1.71x (Net Burn / Net New ARR)

LTV/CAC RatioTarget: >5x

6.8x ($65K / $9.5K)

Proprietary DataTarget: >80%

58% private data

Integration DepthTarget: >5 active hooks

5.5 avg APIs per user

Net Revenue RetentionTarget: >120%

124% NRR

K-FactorTarget: >1.0

0.88 (2.2 invites x 40% conv)

Key Employees
JB

Jordan Blake

CEO & Founder

Former Coinbase, treasury operations

ST

Sophie Turner

CTO

Former BitGo, security architect

MR

Michael Ross

Chief Compliance

Former SEC, crypto enforcement

Financial Metrics

Revenue (ARR)

$4.8M ARR

+195% YoY

Gross Margin

74%

Burn Rate

$400K/month

Runway

16 months

LTV

$65,000

CAC

$9,500

Investment Details
Total Raised$19M
Last Round$15M Series A
Last Round DateJanuary 2025
Target Raise$40M Series B
Minimum Investment$100,000

Lead Investors

ParadigmElectric Capital
Key Highlights
  • $2B+ in assets under management
  • SOC 2 Type II certified
  • Integration with major exchanges and custodians
  • Automated tax and compliance reporting
Risk Factors
  • Crypto market volatility affects revenue
  • Evolving regulatory landscape
  • Security and custody risks