COBALT advised 3Commas on raising $3 million in series A funding

2020 - 11 - 06

3Commas, the provider of crypto trading related technical solutions, has raised $3 million in series A funding from Alameda Research.

3Commas was founded in Tallinn, Estonia in 2017 to address major pain points in trading crypto across multiple exchanges. Since its inception, 3Commas has become the leading non-custodial trade automation platform in crypto and now services over 100,000 users on all major exchanges with aggregate trading volumes exceeding $12 billion in 2020.

Alameda Research, founded in 2017, is one of the few full-service cryptocurrency trading firms that manages over $300 million in digital assets and trades $1.5 billion per day across thousands of products.

3Commas was advised by partner Kristel Raidla-Talur, senior associate Greete-Kristiine Kuru and assistant lawyer Johanna Lumiste.

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