When was Adhara founded?

Adhara was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Adhara located?

Adhara is headquartered in London, United Kingdom. It is registered at PO BOX 378 Adhara Ltd, Hereford, England, HR3 6XZ.

Which legal entities is Adhara associated with?

Adhara is associated with ADHARA LIMITED.

How many employees does Adhara have?

As of Jun 30, 2026, the latest employee count at Adhara is 90.

Is Adhara a funded company?

Adhara is a funded company, having raised a total of $22.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 15, 2018.

When was the latest funding round of Adhara?

Adhara's latest funding was a $***** Series A round on May 10, 2021, with participation from 4 investors. Its primary sector is Blockchain Infrastructure. In United Kingdom, the Blockchain Infrastructure sector has seen $148M in funding in 2026 to date.

Where does Adhara rank among its competitors?

Adhara ranks 78th amongst 569 active competitors, of which 168 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Ripple, which secured $200M in May, 2026.

Who are the top competitors of Adhara?

Adhara's top competitors include Ripple, Terra and Bitpanda Custody. Among them, Ripple secured the most recent funding round in May, 2026.

Adhara - 2026 Company Profile, Team, Funding, Competitors & Financials

Adhara is a series A company based in London (United Kingdom), founded in 2018 by Peter Munnings and Ed Budd. It operates as a Blockchain-based liquidity management and international payments platform. Adhara has raised $22.5M in funding from investors like Force Over Mass, Yabeo and Consensys. The company has 569 active competitors, including 168 funded and 19 that have exited. Its top competitors include companies like Ripple, Terra and Bitpanda Custody.

Company Details

Blockchain-based liquidity management and international payments platform. Commercial banks, market makers, corporates, and central banks can utilize liquidity management and international payments to capture wide customer groups. It also offers treasury management.

Website: adhara.io
Registered Address: PO BOX 378 Adhara Ltd, Hereford, England, HR3 6XZ

Key Metrics

Founded Year

2018

Location

London, United Kingdom

Stage

Series A

Total Funding

$22.5M in 2 rounds

Latest Funding Round

Series A, May 10, 2021, $*****

Investors

Force Over Mass & 4 more

Ranked

78^th among 569 active competitors

Employee Count

90 as on Jun 30, 2026

Similar Companies

Injective & 328 more

View Adhara's full profile

Adhara is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADHARA LIMITED CIN: 11334389 , United Kingdom, Active	Apr 26, 2018	-	9 (As on Dec 31, 2024)

Adhara has raised a total funding of $22.5M over 2 rounds. Its first funding round was on Oct 15, 2018. Its latest funding round was a Series A round on May 10, 2021 for $*****. 4 investors participated in its latest round. Adhara has 5 institutional investors.

Here is the list of recent funding rounds of Adhara:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 10, 2021	7787196	Series A	8078440	3283458	1861340	7978234
Oct 15, 2018	9500031	Seed	3400788	8658016	Consensys	5694383

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View details of Adhara's funding rounds and investors

The founders of Adhara are Peter Munnings and Ed Budd.

Here are the details of Adhara's key team members:

Peter Munnings: Co-Founder & COO of Adhara.
Ed Budd: Co-Founder of Adhara.

View details of Adhara's Founder profiles and Board Members

Adhara's employee count trend

Adhara has 90 employees as of Jun 26. Here is Adhara's employee count trend over the years:

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Top competitors of Adhara include Ripple, Terra and Bitpanda Custody. Here is the list of Top 10 competitors of Adhara, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ripple 2012, San Francisco (United States), Series D	Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody	$853M	China Growth Capital, AME Cloud Ventures ... & 104 others	81/100
2nd	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	76/100
3rd	Bitpanda Custody 2014, Vienna (Austria), Series C	Fintech and crypto infrastructure provider	$530M	Valar Ventures, Speedinvest & 16 others	72/100
4th	Injective 2018, New York City (United States), Series A	Developer of a layer one blockchain for decentralised finance applications	$52.6M	Pantera Capital, CMS Holdings & 23 others	71/100
5th	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	71/100
6th	Compound 2017, San Francisco (United States), Series B	P2P lending platform based on the Ethereum blockchain	$79.4M	Andreessen Horowitz, Bain Capital Ventures ... & 31 others	70/100
7th	TRON 2017, Singapore (Singapore), Funding Raised	Blockchain-based explorer and wallets for cryptocurrencies	-	Rhapsody Ventures, Blockchain R&I & 10 others	68/100
8th	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Designer Fund & 1 others	67/100
9th	Bloxroute 2017, Evanston (United States), Acquired	Provider of real-time data and transaction propagation for blockchain networks	$89.6M	SoftBank Vision Fund, Maven 11 & 19 others	66/100
10th	Taurus 2018, Geneva (Switzerland), Series B	Provider of institutional digital asset infrastructure offering custody, tokenization, and trading solutions	$65M	Pictet Group, UBS & 8 others	63/100
78th	Adhara 2018, London (United Kingdom), Series A	Blockchain-based liquidity management and international payments platform	$22.5M	6 Degrees Capital, Yabeo & 3 others	42/100