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 Jan 05, 2026, the latest employee count at Balancer is 33.

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 42 active competitors, of which 12 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Relay, which secured $17M in Feb, 2026.

Who are the top competitors of Balancer?

Balancer's top competitors include Zerion, Haruko and Avantgarde. Among them, Relay secured the most recent funding round in February, 2026.

Balancer - 2026 Company Profile, Team, Funding & Competitors

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 42 active competitors

Employee Count

33 as on Jan 05, 2026

Investment & Acquisitions

Curvance

Similar Companies

Zerion & 42 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	4163875	Series A	8866747	1208514	5050509	7802180
Mar 25, 2020	8203869	Seed	8275662	2748974	Accomplice & 1 more	5778213

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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 33 employees as of Jan 26. Here is Balancer's employee count trend over the years:

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Top competitors of Balancer include Zerion, Haruko and Avantgarde. 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, Blockchain Coinvestors & 27 others	71/100
2nd	Balancer 2019, Finland, Series A	Portfolio management platform for cryptocurrency	$8M	Blockchain Coinvestors, Placeholder & 11 others	63/100
3rd	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	54/100
4th	Avantgarde 2018, Zug (Switzerland), Series A	DeFi-as-a-service platform for financial institutions	$5.5M	Blockchange, Acrew Capital & 5 others	48/100
5th	Cryptex 2020, Funding Raised	Token backed by total market capitalization of cryptocurrencies	-	-	47/100
6th	TokenSets 2017, San Francisco (United States), Series A	Cryptocurrency basket and portfolio management solutions	$14M	Threshold, Craft Ventures & 15 others	46/100
7th	Sommelier 2020, San Francisco (United States), Series A	Portfolio management solutions for Defi assets	$26.5M	Polychain, Standard Crypto & 10 others	45/100
8th	Wisdomise 2021, Baar (Switzerland), Series A	AI-powered platform for Web3 investment	$9.5M	VentureSouq, Singularity Dao & 4 others	44/100
9th	Relay 2021, Sydney (Australia), Series B	Multichain DeFi interface for fast cross-chain swaps, bridging, and DEX aggregation	$43M	Union Square Ventures, Archetype & 3 others	43/100
10th	Index Coop 2020, Panama, Seed	Financial and risk management solutions for crypto index	$10M	Peak XV Partners, Galaxy & 12 others	40/100