Celsius, founded in 2017 in Hoboken, raised a total of $956 million across multiple funding rounds, achieving a $3.25 billion valuation as of June 2022. Key backers include WestCap, Caisse de dépôt et placement du Québec, and Tether, with its largest round - Series B ($750M) led by WestCap in 2021. Focused on offering crypto loans, swaps, and yield generation, Celsius became one of the most funded crypto lending platforms before its acquisition. Its investors’ strong backing highlights sustained confidence in its blockchain-powered financial infrastructure.