Inside Sales Executive, Elliptic

Salary not provided

+ Share Options

Mid level
New York
Elliptic

Blockchain analytics & crypto compliance platform

Job no longer available

Elliptic

Blockchain analytics & crypto compliance platform

101-200 employees

B2BCryptocurrencyEnterpriseComplianceAnalyticsCyber SecurityBlockchain

Job no longer available

Salary not provided

+ Share Options

Mid level
New York

101-200 employees

B2BCryptocurrencyEnterpriseComplianceAnalyticsCyber SecurityBlockchain

Company mission

Elliptic’s mission is to protect its customers from financial crime in crypto assets.

Role

Who you are

  • 3+ years experience in the SaaS industry
  • Strong outbound prospecting skills, with a track record of generating net new business and pipeline growth
  • Demonstrated track record of success and quota over achievement
  • A strong work ethic and an entrepreneur’s mindset. You’re comfortable creating value in a low structure environment while being agile and resilient
  • Minimum baseline understanding about digital assets and the crypto economy

Desirable

  • Intimate understanding of AML/KYC and Forensics space, either in cryptocurrency or traditional financial environments
  • Experience selling SaaS solutions to Cryptonative Businesses Financial Services
  • Fluent in Spanish and/or Portugese

What the job involves

  • You will join our global Commercial team, and champion uncovering and developing new customer relationships across the Americas region
  • As an Inside Sales Executive you will become an expert in Elliptic’s value proposition, helping our prospective customers navigate and enter the cryptocurrency market with your knowledge and understanding of our product and compliance and regulatory environments
  • You will manage the full sales cycle including prospecting, qualifying leads, negotiating terms, developing custom proposals and closing business to ultimately deliver profitable revenue growth and exceed your targets
  • Develop net new business and cross sell opportunities
  • Build out strategic market penetration plan, prospect, and manage full sales cycle
  • Proactively contact prospects to identify & qualify sales opportunities
  • Prospect and generate high quality leads
  • Develop custom proposals based on customer requirements
  • Conduct presentations and product demos
  • Negotiate terms and close the business
  • As applicable, work alongside our Customer Engagement team to develop deeper relationships and upsell to set and hit aggressive revenue goals
  • Meet and exceed quarterly and annual quota

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

The rise of cryptocurrency has been dramatic. As more established financial institutions move into the sector, these companies need to understand when they can let transactions run — and when they should intervene.

A key issue with most cryptocurrencies is that their nature means they can be used by criminals for illicit activities, such as money laundering. Elliptic’s focus is on tackling financial compliance, and it has developed machine learning tech that screens transactions to identify suspicious patterns and dubious transactors. It offers an integrated suite of products for financial institutions to screen crypto-flows, which it analyses for links to illicit activity such as money laundering, terrorist financing and other financial crimes.

Elliptic’s dataset has been developed since 2014 and includes over 20 billion data points and covers 148 assets, representing 98% of the global trading volume. Two-thirds of global crypto volumes are transacted on exchanges that use Elliptic’s products, highlighting the company's leadership position in the market.

It works with firms like Coinbase on their internal anti-money laundering compliance, and with other big-name clients such as Santander, Revolut, Genesis, and Stellar. Elliptic is currently working with several undisclosed leading research and trading desks to develop its product to maintain its strong position.

Insights

Top investors

Few candidates hear
back within 2 weeks

41% female employees

-21% employee growth in 12 months

Company

Funding (last 2 of 6 rounds)

Oct 2021

$60m

SERIES C

Feb 2020

$5.5m

SERIES B

Total funding: $100.5m

Company benefits

  • Share options
  • Health insurance
  • Flexible & remote working
  • Individual training budget of USD 1,000 a year
  • LinkedIn Learning account
  • Quarterly offsites

Company values

  • Empowerment
  • Positive Impact
  • Openness
  • Creating Connections
  • Curiosity

Company HQ

City of London, London, UK

Founders

James Smith

(Board Director)

Computer Science PhD in Natural Language Processing from Oxford. Current Mentor at Seedcamp.

Adam Joyce

(Chief Architect)

Mathematics PhD from Imperial College. Previously a quantitative analyst at Liquid Capital.

Tom Robinson

(Chief Scientist)

Physics PhD from Oxford. Previous CEO of MOF Technologies, a company working towards clean energy.


People progressing

Joined as a Software Engineer in 2018 and was promoted to Lead Software Engineer in 2019. They have since been promoted to Principal Software Engineer.

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