Abra was founded in 2014 by James Robinson IV, Pete Kelly, and William Barhydt. While the company appointed its first CFO in 2022, Abra has not publicly discussed plans to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Abra is a cryptocurrency investment app that allows users to trade more than 100 cryptocurrencies and reports to have processed more than $1 billion in crypto-backed loans. The company states that its user count grew by more than 300% in 2021 and that its transaction volume grew by more than 660% within the same timeframe. Abra has raised more than $100 million in venture capital funding from investors including IGNIA, American Express, Foxconn, Blockchain Capital, Kingsway Capital, and CMT Digital. Abra's most recent round of funding raised $55 million and increased the company's valuation to $500 million.
Abra is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.
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Can you sell shares of Abra before it goes public?
Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Abra is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.
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What is the pre-IPO value of my Abra shares?
To explore the value of your Abra shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.
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Is Abra a publicly traded company?
Abra is a private company and not publicly traded.
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To learn more about Abra potential IPO
Will Abra go IPO?
Abra has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.
What is Abra’s IPO price?
The Abra IPO price does not exist at this time, as Abra is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Abra, register for Forge today.
When was Abra founded?
Abra was founded in 2014.
What is Abra funding to date?
Abra has raised $96.4M to date.
Abra major investors
Adams Street Partners
American Express Ventures
Blockchain Capital
Boost Vc
Digital Currency Group
First Round Capital
Jungle Ventures
Nyca Partners
Operative Capital
Pantera Capital
Recursive Ventures
Show All InvestorsShow Fewer Investors
Abra pre-IPO valuation and funding rounds
Funding history chart
Funding round and deals details
Funding Date
Round
Amount Raised
Price per Share
Post-Money Valuation 3
Key Investors
09/15/2021
Series C
$41.52M
$7.00
$340.03M
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
Price per Share
$ xx.xx
Shares Outstanding
5,933,025
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
09/15/2021
Series C-1
$10.24M
$3.93
$340.03M
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
Price per Share
$ xx.xx
Shares Outstanding
2,609,545
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
09/15/2021
Series C-2
$3.24M
$3.93
$340.03M
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
Price per Share
$ xx.xx
Shares Outstanding
825,304
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amex Ventures, Arbor Ventures, Blockchain Capital, Cmt Digital Ventures, Ignia, Kenetic Advisors, Kingsway Capital, Lerer Hippeau Ventures, Rre Ventures, Tiga Investments Stellar Development Foundation
10/23/2017
Series B
$19.86M
$3.44
$99.8M
Amex Ventures, Arbor Ventures, Foxconn Technology Group, Honhai Capital Management, Ignia, Jungle Ventures, Lerer Hippeau Ventures, Plug & Play Tech Center, Rre Ventures, Silver8 Capital
Price per Share
$ xx.xx
Shares Outstanding
5,772,344
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amex Ventures, Arbor Ventures, Foxconn Technology Group, Honhai Capital Management, Ignia, Jungle Ventures, Lerer Hippeau Ventures, Plug & Play Tech Center, Rre Ventures, Silver8 Capital
10/23/2017
Series B-1
$546,893.00
$3.44
$99.8M
Amex Ventures, Arbor Ventures, Foxconn Technology Group, Honhai Capital Management, Ignia, Jungle Ventures, Lerer Hippeau Ventures, Plug & Play Tech Center, Rre Ventures, Silver8 Capital
Price per Share
$ xx.xx
Shares Outstanding
158,962
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amex Ventures, Arbor Ventures, Foxconn Technology Group, Honhai Capital Management, Ignia, Jungle Ventures, Lerer Hippeau Ventures, Plug & Play Tech Center, Rre Ventures, Silver8 Capital
03/31/2016
Series A-2
$5.98M
$2.11
$48.47M
Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
2,829,395
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
09/10/2015
Series A
$10.8M
$2.08
$40.03M
Arbor Ventures, First Round Capital, Rre Ventures
Price per Share
$ xx.xx
Shares Outstanding
5,181,697
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arbor Ventures, First Round Capital, Rre Ventures
09/10/2015
Series A-1
$2M
$2.08
$40.03M
Arbor Ventures, First Round Capital, Rre Ventures
Price per Share
$ xx.xx
Shares Outstanding
959,831
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arbor Ventures, First Round Capital, Rre Ventures
07/18/2014
Series Seed
$2.22M
$0.89
$14.83M
Arbor Ventures, Bitcoin Opportunity, Blockchain Capital, First Round Capital, Future Perfect Ventures, Haystack Fund, Jungle Ventures, Lehrer Hippeau Ventures, Liberty City Ventures, Mesanter Ventures, Mesa Ventures, Nyca Partners, Pantera Capital Management, Rre Ventures
Price per Share
$ xx.xx
Shares Outstanding
2,503,089
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arbor Ventures, Bitcoin Opportunity, Blockchain Capital, First Round Capital, Future Perfect Ventures, Haystack Fund, Jungle Ventures, Lehrer Hippeau Ventures, Liberty City Ventures, Mesanter Ventures, Mesa Ventures, Nyca Partners, Pantera Capital Management, Rre Ventures
The cryptocurrency industry is no stranger to ups and downs, controversy, and pivots. One company that exemplifies these dynamics is Abra, a business that started as more of a traditional, retail-oriented crypto wallet and exchange, but which has since reinvented itself as a crypto financial services company for the institutional and high-net-worth investor market.
Crypto lender Abra is pivoting to focus on institutional clients after facing investigations related to its retail yield products. It launched an SEC-registered investment advisor, Abra Capital, to provide services like staking, lending, and borrowing to accredited investors and institutions. Abra is moving away from its past retail business.
Abra reached an agreement with Texas regulators to allow users to withdraw funds from the platform. The settlement requires Abra to return crypto worth $13.6 million to about 12,000 customers. Abra and its CEO received a cease-and-desist letter in June over allegedly misleading statements. The settlement requires the CEO to hire a chief compliance officer for any investment advisory business he controls.
In simultaneous announcements, the US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have charged Plutus Financial
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