Hillrise Ventures Announces Investment in Efficient Frontier
December 9, 2021–3 min read.
Hillrise Ventures today announces an investment into Efficient Frontier — a leading algorithmic trading firm and market maker for digital assets. Hillrise Ventures is the private investment arm of Hillrise Group.
Efficient Frontier, founded in 2018 and led by Roei Levav and Alon Elmaliah, has helped over 100 projects and exchanges build healthy markets while developing one of the crypto-industry’s most advanced algorithmic trading systems. With two offices in Tel Aviv and San Francisco, the firm trades over US$7bn per month across 50 exchanges with more than $35m in AUM.
The firm is poised to service all niches of the crypto-industry including CeFi and DeFi, OTC, pools, farming, and spot and derivatives markets.
Growth will be the biggest focus of the next 24 months as the crypto-industry has itself enjoyed favorable market conditions over the past year.
Hillrise Ventures joins ICON, Kyber Network, Animoca Brands, Cadenza Ventures, Starkware, INX, and BitMart in Efficient Frontier’s $10m Series A funding round.
“Hillrise Group is a great team of entrepreneurs and researchers with a vast network and deep understanding of the crypto industry. They’ve shown genuine dedication to their partners and portfolio companies and we look forward to growing and building together.”
Roei Levav, Co-Founder and CEO of Efficient Frontier