When was Balancer founded?

Balancer was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Balancer located?

Balancer is headquartered in Finland.

Who is the current CEO of Balancer?

Fernando Martinelli of Balancer. They have also founded 1 company and are angel investors in 4 startups, including .

How many employees does Balancer have?

As of Sep 30, 2026, the latest employee count at Balancer is 32.

Is Balancer a funded company?

Balancer is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 25, 2020.

When was the latest funding round of Balancer?

Balancer's latest funding was a $***** Series A round on Feb 10, 2021, with participation from 4 investors.

Where does Balancer rank among its competitors?

Balancer ranks 2nd amongst 340 active competitors, of which 49 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Cryptio, which secured $45M in Mar, 2026.

Who are the top competitors of Balancer?

Balancer's top competitors include Zerion, Cryptio and Cryptact. Among them, Cryptio secured the most recent funding round in March, 2026.

Balancer - 2026 Company Profile, Team, Funding & Competitors

Balancer is a series A company based in Finland, founded in 2019 by Fernando Martinelli. It operates as a Portfolio management platform for cryptocurrency. Balancer has raised $8M in funding from investors like Accomplice, Three Arrows Capital and DeFiance Capital. The company has 340 active competitors, including 49 funded and 13 that have exited. Its top competitors include companies like Zerion, Cryptio and Cryptact.

Company Details

Portfolio management platform for cryptocurrency. It enables users to trade by pooling crowdsourced liquidity from investor portfolios. It offers trading and investment solutions for digital assets. It supports cryptocurrency including Bitcoins, Ethereum, Wrapped Bitcoin, and more.

Website: balancer.fi
Social
Email ID: *****@balancer.finance

Key Metrics

Founded Year

2019

Location

Finland

Stage

Series A

Total Funding

$8M in 2 rounds

Latest Funding Round

Series A, Feb 10, 2021, $*****

Investors

Accomplice & 12 more

Ranked

2^nd among 340 active competitors

Employee Count

32 as on Sep 30, 2026

Investment & Acquisitions

Curvance

Similar Companies

Zerion & 84 more

View Balancer's full profile

Balancer has raised a total funding of $8M over 2 rounds. Its first funding round was on Mar 25, 2020. Its latest funding round was a Series A round on Feb 10, 2021 for $*****. 4 investors participated in its latest round. Balancer has 13 institutional investors.

Here is the list of recent funding rounds of Balancer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 10, 2021	9367592	Series A	8213767	5917536	8298301	8917131
Mar 25, 2020	6510338	Seed	4792170	5482876	Accomplice & 1 more	7365248

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View details of Balancer's funding rounds and investors

The founders of Balancer is Fernando Martinelli. Fernando Martinelli is the CEO of Balancer.

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

Fernando Martinelli: Co-Founder & CEO of Balancer. They are also an angel investor in 4 startups.

View details of Balancer's Founder profiles and Board Members

Balancer's employee count trend

Balancer has 32 employees as of Sep 26. Here is Balancer's employee count trend over the years:

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Top competitors of Balancer include Zerion, Cryptio and Cryptact. Here is the list of Top 10 competitors of Balancer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zerion 2016, San Francisco (United States), Series B	Decentralized platform for financial services	$22.5M	Mosaic Ventures, Wintermute & 28 others	72/100
2nd	Balancer 2019, Finland, Series A	Portfolio management platform for cryptocurrency	$8M	Accomplice, Placeholder & 11 others	63/100
3rd	Cryptio 2017, London (United Kingdom), Series B	Portfolio management platform	$70M	BlackFin, Revolut & 17 others	58/100
4th	Cryptact 2018, Chiyoda City (Japan), Seed	Cryptocurrency portfolio management and tax solutions	$3.84M	JAFCO Group, FFG Venture Business Partners ... & 4 others	58/100
5th	KryptoGO 2019, San Mateo (United States), Seed	Regtech compliance and cryptocurrency management software	$3M	Pegatron, National Development Council & 7 others	56/100
6th	Haruko 2021, London (United Kingdom), Series A	Provider of portfolio and risk management solutions for digital assets	$33.1M	White Star Capital, MMC Ventures & 3 others	55/100
7th	Enzyme 2016, Zug (Switzerland), Funding Raised	Decentralised asset management infrastructure built on Ethereum	-	Venturelab, Placeholder & 5 others	52/100
8th	Blockpit 2017, Hagenberg (Austria), Series A	Decentralized crypto tax reporting and portfolio management platform	$10M	MiddleGame Ventures, Venionaire Capital & 8 others	52/100
9th	Pillow Fund 2021, Bengaluru (India), Deadpooled	Online platform for cryptocurrency exchange	$21M	Elevation Capital, Quona & 11 others	52/100
10th	Blockfolio 2014, Los Angeles (United States), Acquired	Crypto portfolio manager app	$17.9M	DCM Ventures, Liquid 2 Ventures & 26 others	50/100