When was Blum founded?

Blum was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Blum located?

Blum is headquartered in Dubai, United Arab Emirates.

How many employees does Blum have?

As of Aug 31, 2026, the latest employee count at Blum is 79.

Is Blum a funded company?

Blum is a funded company, having raised a total of $5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 11, 2024.

When was the latest funding round of Blum?

Blum's latest funding was a $***** Seed round on Feb 13, 2025, with participation from 5 investors. Its primary sector is Cryptocurrencies. In United Arab Emirates, the Cryptocurrencies sector has seen $130M in funding in 2026 to date.

Where does Blum rank among its competitors?

Blum ranks 37th amongst 533 active competitors, of which 90 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Jupiter, which secured $35M in Feb, 2026.

Who are the top competitors of Blum?

Blum's top competitors include Uniswap, 0x and 1inch. Among them, Jupiter secured the most recent funding round in February, 2026.

Blum - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of decentralized exchange platform. It enables users to access a wide range of tokens and cryptocurrencies platform. Its hybrid exchange design combines the benefits of centralized and decentralized exchanges.

Website: www.blum.io/
Social
Email ID: *****@blum.io, *****@blum.io

Key Metrics

Founded Year

2023

Location

Dubai, United Arab Emirates

Stage

Seed

Total Funding

$5M in 3 rounds

Latest Funding Round

Seed, Feb 13, 2025, $*****

Investors

OKX & 6 more

Ranked

37^th among 533 active competitors

Employee Count

79 as on Aug 31, 2026

Similar Companies

Uniswap & 542 more

View Blum's full profile

Blum has raised a total funding of $5M over 3 rounds. Its first funding round was on Sep 11, 2024. Its latest funding round was a Seed round on Feb 13, 2025 for $*****. 5 investors participated in its latest round. Blum has 7 institutional investors.

Here is the list of recent funding rounds of Blum:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 13, 2025	4315363	Seed	1972329	5824694	1453903	6025210
Nov 03, 2024	8725613	Seed	1374504	8551245	8896340	TOP
Sep 11, 2024	1674369	Seed	6115240	3663609	Binance	7472439

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View details of Blum's funding rounds and investors

The founders of Blum is Vladimir Smerkis.

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

Vladimir Smerkis: Co-Founder of Blum and founder of 1 other company.

View details of Blum's Founder profiles and Board Members

Blum's employee count trend

Blum has 79 employees as of Aug 26. Here is Blum's employee count trend over the years:

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Top competitors of Blum include Uniswap, 0x and 1inch. Here is the list of Top 10 competitors of Blum, ranked by Tracxn score:

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	Andreessen Horowitz, Polychain & 52 others	79/100
2nd	0x 2016, San Francisco (United States), Series B	Open protocol for decentralized P2P exchange	$86.9M	Greylock Partners, Pantera Capital & 43 others	68/100
3rd	1inch 2019, Tortola (United Kingdom), Series B	Decentralized financial solutions	$190M	Pantera Capital, Amber Group & 51 others	67/100
4th	Bitfinex 2012, Hong Kong (China), Funding Raised	Online cryptocurrency trading platform	-	LuneX Ventures, SNZ & 6 others	66/100
5th	Kyber Network 2017, British Virgin Islands, Seed	Provider of blockchain-based market makers for cryptocurrencies	-	ParaFi, Fundamental Labs & 30 others	64/100
6th	Jupiter 2021, Antigua And Barbuda, Series C	Solana-based decentralized platform offering a swap aggregator service	$35M	ParaFi	64/100
7th	ShapeShift 2015, London (United Kingdom), Series A	Online trading platform for cryptocurrency	$12.5M	Earlybird, Digital Currency Group & 21 others	62/100
8th	LI.FI 2021, Berlin (Germany), Series A	Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging	$52M	CoinFund, 1kx & 21 others	58/100
9th	IDEX 2016, San Francisco (United States), Acquired	Decentralized exchange platform for cryptocurrencies	$2.5M	Borderless Capital, G1 Ventures & 5 others	57/100
10th	Sushi 2020, Japan, Funding Raised	Provider of an online decentralized exchange platform for cryptocurrencies	-	SWS Venture Capital, Fantail Ventures & 12 others	55/100
37th	Blum 2023, Dubai (United Arab Emirates), Seed	Provider of decentralized exchange platform	$5M	OKX, No Limit Holdings & 5 others	41/100