Elliptic

Elliptic is a blockchain-analytics and crypto-compliance company founded in 2013 in London — one of the earliest firms in the field — by Dr. Tom Robinson, Dr. James Smith, and Dr. Adam Joyce. It screens on-chain transactions for financial-crime risk, covering anti-money-laundering, sanctions, and fraud, and provides investigation tooling to exchanges, banks, and governments from offices in London, New York, Singapore, and Tokyo.

Elliptic's platform is organized around a handful of products: Lens screens wallets and transactions in real time across more than sixty blockchains; Investigator traces funds across chains in a single view; and Discovery vets crypto businesses and counterparties for onboarding. Layered across them is Elliptic Copilot, a large-language-model assistant that drafts screening summaries, entity descriptions, and Suspicious Activity Reports — the anchor of the company's move toward agentic compliance workflows. Elliptic also carries genuine research credentials: it partnered with MIT and IBM to apply deep learning to a public dataset of more than 200,000 Bitcoin transactions, producing the widely cited Elliptic Data Set used in academic financial-crime research.

The company reports screening more than a billion transactions a week for over 700 customers, and in 2025 became the first blockchain-analytics firm backed by four globally systemic banks — HSBC, JPMorgan Chase, Santander, and Wells Fargo. Its 2026 Series D, led by One Peak with Nasdaq Ventures and Deutsche Bank, was framed around accelerating that AI roadmap. Elliptic is candid that much of its core — cross-chain tracing and risk scoring — rests on graph analysis and address-clustering heuristics, with machine learning concentrated in its illicit-activity classifiers and the Copilot assistant.