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Bancor Protocol - About the company

Bancor Protocol is a seed company based in Tel Aviv (Israel), founded in 2017 by Galia Benartzi. It operates as a Smart contract-based token exchange. Bancor Protocol has raised an undisclosed amount in funding. The company has 538 active competitors, including 91 funded and 8 that have exited. Its top competitors include companies like Uniswap, 0x and 1inch.

Company Details

Smart contract-based token exchange. Enables decentralized exchange, which does not require matchmaking in order to convert one token to another. The protocol will begin on the Ethereum Blockchain and claims that it will provide a platform to create new types of monetary systems, applications, currency networks, and more.
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Email ID
*****@bancor.network
Key Metrics
Founded Year
2017
Location
Tel Aviv, Israel
Stage
Seed
Latest Funding Round
Investors
Ranked
Employee Count
68 as on Aug 31, 2026
Investment & Acquisitions
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Bancor Protocol's funding and investors

Bancor Protocol has raised funding over 3 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Jun 12, 2017 for $*****. 1 investor participated in its latest round. Bancor Protocol has 16 institutional investors.

Here is the list of recent funding rounds of Bancor Protocol:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 12, 2017
4096503
Seed
8291556
2110192
8374673
6064928
Jun 2017
4319005
ICO
8667345
1927292
2708700
2017
4255
Seed
9004
9654
7467
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Bancor Protocol's founders and board of directors

Founder? Claim Profile
The founders of Bancor Protocol is Galia Benartzi.
Here are the details of Bancor Protocol's key team members:

Bancor Protocol's employee count trend

Bancor Protocol has 68 employees as of Aug 26. Here is Bancor Protocol's employee count trend over the years:
Employee count trend for Bancor Protocol
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Bancor Protocol's Competitors and alternates

Top competitors of Bancor Protocol include Uniswap, 0x and 1inch. Here is the list of Top 10 competitors of Bancor Protocol, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uniswap
Uniswap
2018, New York City (United States), Series B
Provider of a decentralized exchange platform for cryptocurrency
$176M
79/100
2nd
Logo for 0x
0x
2016, San Francisco (United States), Series B
Open protocol for decentralized P2P exchange
$86.9M
68/100
3rd
Logo for 1inch
1inch
2019, Tortola (United Kingdom), Series B
Decentralized financial solutions
$190M
67/100
4th
Logo for Bitfinex
Bitfinex
2012, Hong Kong (China), Funding Raised
Online cryptocurrency trading platform
-
66/100
5th
Provider of blockchain-based market makers for cryptocurrencies
-
64/100
6th
Solana-based decentralized platform offering a swap aggregator service
$35M
64/100
7th
Logo for ShapeShift
ShapeShift
2015, London (United Kingdom), Series A
Online trading platform for cryptocurrency
$12.5M
62/100
8th
Logo for LI.FI
LI.FI
2021, Berlin (Germany), Series A
Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging
$52M
58/100
9th
Logo for IDEX
IDEX
2016, San Francisco (United States), Acquired
Decentralized exchange platform for cryptocurrencies
$2.5M
57/100
10th
Logo for Sushi
Sushi
2020, Japan, Funding Raised
Provider of an online decentralized exchange platform for cryptocurrencies
-
55/100
21st
Logo for Bancor Protocol
Bancor Protocol
2017, Tel Aviv (Israel), Seed
Smart contract-based token exchange
-
47/100
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Bancor Protocol's Investments and acquisitions

Bancor Protocol has a total of 1 investment in Spacemesh. Bancor Protocol has not made any acquisitions as of now.

Reports related to Bancor Protocol

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News related to Bancor Protocol

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FAQs about Bancor Protocol

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