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.
- Website
- bancor.network
- Email ID
- *****@bancor.network
Key Metrics
Founded Year
2017
Location
Tel Aviv, Israel
Stage
Seed
Latest Funding Round
Ranked
21st among 538 active competitors
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 |
View details of Bancor Protocol's funding rounds and investors
Bancor Protocol's founders and board of directors
Founder? Claim ProfileThe founders of Bancor Protocol is Galia Benartzi.
Here are the details of Bancor Protocol's key team members:
- Galia Benartzi: Co-Founder of Bancor Protocol.
View details of Bancor Protocol's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 79/100 | |
2nd | 0x 2016, San Francisco (United States), Series B | Open protocol for decentralized P2P exchange | $86.9M | 68/100 | |
3rd | 1inch 2019, Tortola (United Kingdom), Series B | Decentralized financial solutions | $190M | 67/100 | |
4th | Online cryptocurrency trading platform | - | 66/100 | ||
5th | Kyber Network 2017, British Virgin Islands, Seed | Provider of blockchain-based market makers for cryptocurrencies | - | 64/100 | |
6th | Jupiter 2021, Antigua And Barbuda, Series C | Solana-based decentralized platform offering a swap aggregator service | $35M | 64/100 | |
7th | ShapeShift 2015, London (United Kingdom), Series A | Online trading platform for cryptocurrency | $12.5M | 62/100 | |
8th | Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging | $52M | 58/100 | ||
9th | IDEX 2016, San Francisco (United States), Acquired | Decentralized exchange platform for cryptocurrencies | $2.5M | 57/100 | |
10th | Provider of an online decentralized exchange platform for cryptocurrencies | - | 55/100 | ||
21st | Bancor Protocol 2017, Tel Aviv (Israel), Seed | Smart contract-based token exchange | - | 47/100 |
Looking for more details on Bancor Protocol's competitors? Click here to see the top ones
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
Here is the latest report on Bancor Protocol's sector:
News related to Bancor Protocol
•
Bancor sues Uniswap for allegedly infringing its decentralized exchange patent.
Business Wire•May 21, 2025•Bancor Protocol, Uniswap
•
Territorial Bancorp Shareholders Approve Hope Bancorp MergerBenzinga•Nov 07, 2024•Territorial Savings Bank, Hope Bancorp, Bancor Protocol
•
US Court Dismisses Investor Lawsuit against Bancor over Investment Protection FeatureCoinspeaker•Sep 10, 2024•Bancor Protocol
•
SendBlocks raises $8.2 million Seed round to streamline blockchain data managementCTech•Jul 02, 2024•Illuminate Financial, Laser Digital, StarkWare, SendBlocks and 5 others
•
Bancor launched grape loans for $ 50 billion and plans more spaceeseuro.com•May 07, 2024•Bancor Protocol
•
•
Rosen, National Trial Lawyers, Encourages Bancor V3 Liquidity Providers To Secure CounselKentucky Today•Jun 23, 2023•Rosenlegal, Bancor Protocol
•
Global Investor Counsel ROSEN Encourages Bancor v3 Liquidity Providers to Seek Legal Services Ahead of Important Deadline in Securities Class Actions Against BProtocol Foundation, Bancor DAO, Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yehuda LevyBusiness Wire•May 28, 2023•Rosenlegal, Bancor Protocol
•
ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Bancor v3 Liquidity Providers to Secure Counsel Before Important Deadline in Securities Class Action Against BProtocol Foundation, Bancor DAO, Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yehuda LevyPR Newswire•May 25, 2023•Rosen Law Firm, B.Protocol, Bancor Protocol, Rosenlegal
•
Rosen, a Top Ranked Law Firm, Encourages Bancor v3 Liquidity Providers to Secure Counsel Before Important Deadline in Securities Class Action Against BProtocol Foundation, Bancor DAO, Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yehuda LevyBusiness Wire•May 17, 2023•Rosenlegal, Bancor Protocol, B.Protocol
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