# Ledger

> Ledger is a VC fund in Paris backing CRM, Apps and Web3. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Paris, France
- Total investments: 6
- Last investment: Aug 2025
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ledgerhq
- X (Twitter): https://twitter.com/Ledger
- Website: https://www.ledger.com
- Facebook: https://www.facebook.com/Ledger/

Ledger is a VC fund in Paris focused on CRM and Apps. Ledger develops security and infrastructure solutions for cryptocurrencies as well as blockchain applications for individuals and companies, by leveraging a distinctive, proprietary technology.Launched in 2014, Ledger has designed an acclaimed line of hardware security devices quickly placing the company as a global leader on the market with1,000,000 units sold in more than 165 countries. For enterprises and corporations, Ledger introduced the Vault: a fully managed SaaS solution addressing the need to safeguard a very large amount of multiple cryptocurrencies while mitigating both IT and physical assault threats. The company is also active in the industrial IoT market, leveraging its secure hardware technology to interface sensors and machines to smart contracts or blockchain-based assets.Ledger is headquartered in Paris, has a production facility in Vierzon (France), and offices in San Francisco.

## Contacts

5 contacts available for Ledger. Shizune tracks 10 team members at Ledger. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ledger-2?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.6M–$8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| CRM | 1 | 17% |
| Apps | 1 | 17% |
| Web3 | 1 | 17% |
| Shoes | 1 | 17% |
| Mobile | 1 | 17% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 50% |
| Pre-Seed | 1 | 17% |
| Series A | 1 | 17% |
| Venture - Series Unknown | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 2 | 33% |
| France | 1 | 17% |
| United States | 1 | 17% |
| Cayman Islands | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Rodrigo Carraresi | Head of Developer Relations | 0 | https://shizune.co/investors/profile/rodrigo-carraresi |
| Alexandre Lemarchand | Vice President of Global Sales | 0 | https://shizune.co/investors/profile/alexandre-lemarchand |
| David Balland | Co-founder | 3 | https://shizune.co/investors/profile/david-balland |
| Ian Rogers | Chief Experience Officer | 5 | https://shizune.co/investors/profile/ian-rogers |
| Jean-Baptiste Bédrune | Security Researcher | 0 | https://shizune.co/investors/profile/jean-baptiste-b%C3%A9drune |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Build on Bitcoin | Build on Bitcoin is a hybrid Layer-2 network Bitcoin blockchain | $9.5M | Venture - Series Unknown | Aug 07, 2025 |  |
| Build on Bitcoin | Build on Bitcoin is a hybrid Layer-2 network Bitcoin blockchain | $1.6M | Seed | Jul 09, 2024 |  |
| Baanx Group | WHITE LABEL MOBILE BANKING FOR THE DIGITAL AGE "Better then a Banking platform" ​ Bridging the Gap between Fiat and Digital assets with a secure multi-currency platform. Mobile wallets + debit cards + payment gateways + remittance + 'free' FX. All API driven to be integrated into your app or as a 100% managed service to yourcommunity.Baanx launches white label mobile banks in days, not months or years for corporate clients including telcoms, exchanges, global brands, and others. Buy, Hold, Exchange and Spend all your Digital Assets from a branded App and get fast-tracked to the future. | $20M | Series A | Mar 05, 2024 |  |
| Kaizan | Kaizan is an AI for Client Relationship Managers! Providing client-facing teams the automations & insights they need to optimise the client journey & increase the Satisfaction, Profitability & Revenue of every client | $1.2M | Pre-Seed | May 18, 2022 |  |
| Starton | Starton offers the best developer experience possible by utilizing the most resilient and powerful development tools available, with a focus on performance. Our API enables teams to deliver significantly greater WEB3 applications. It facilitates Blockchain mass adoption by simplifying the technology. | $4.3M | Seed | Feb 09, 2022 |  |
| RTFKT | RTFKT is a developer of custom sneakers designed for video game enthusiasts. The company offers limited edition custom sneakers along with a unique virtual versions for users to try on and unlock special effects. | $8M | Seed | Apr 19, 2021 |  |

6 of 6 investments shown.

## Co-investors
- [Motier Ventures](https://shizune.co/investors/profile/motier-ventures) — VC Fund, 2 deals together
- [Amber Group](https://shizune.co/investors/profile/amber-ai) — VC Fund, 1 deal together
- [Anchorage](https://shizune.co/investors/profile/anchorage-d58b) — VC Fund, 1 deal together
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 1 deal together
- [Asymmetric](https://shizune.co/investors/profile/asymmetric) — VC Fund, 1 deal together
- [Bankless Ventures](https://shizune.co/investors/profile/bankless-ventures) — VC Fund, 1 deal together

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## FAQ

### What does Ledger invest in?

Ledger invests primarily in CRM, Apps and Web3 startups, most often at Seed and Pre-Seed stage. Most of the 6 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ledger's check size?

Ledger typically joins rounds of $1.6M–$8M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ledger participates in.

### How do I contact Ledger?

Public channels for Ledger include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Ledger?

The team at Ledger includes Rodrigo Carraresi (Head of Developer Relations), Alexandre Lemarchand (Vice President of Global Sales) and David Balland (Co-founder), among 10 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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