When was Divergence founded?

Divergence was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Divergence located?

Divergence is headquartered in Singapore, Singapore.

How many employees does Divergence have?

As of Jul 01, 2024, the latest employee count at Divergence is 3.

Is Divergence a funded company?

Divergence is a funded company, having raised a total of $2.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 09, 2021.

When was the latest funding round of Divergence?

Divergence's latest funding was a $***** ICO round on Sep 28, 2021, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In Singapore, the Blockchain Infrastructure sector has seen $13M in funding in 2026 to date.

Where does Divergence rank among its competitors?

Divergence ranks 176th amongst 1271 active competitors, of which 276 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Aptos, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of Divergence?

Divergence's top competitors include Solana, Aptos and NEAR. Among them, Aptos secured the most recent funding round in September, 2024.

Divergence - 2026 Company Profile, Funding & Competitors

Divergence is an acquired company based in Singapore (Singapore), founded in 2021. It operates as a Decentralized platform for volatility derivatives. Divergence has raised $2.9M in funding from KR1 and Mechanism Capital. The company has 1271 active competitors, including 276 funded and 27 that have exited. Its top competitors include companies like Solana, Aptos and NEAR.

Company Details

Decentralized platform for volatility derivatives. It features volatility hedging and trading with blockchain-native assets. It provides solutions such as LP tokens, Defi farming, staking, and more.

Website: www.divergence-protocol.com/
Email ID: *****@divergence-protocol.com

Key Metrics

Founded Year

2021

Location

Singapore, Singapore

Stage

Acquired

Total Funding

$2.9M in 2 rounds

Latest Funding Round

ICO, Sep 28, 2021, $*****

Investors

KR1 & 14 more

Ranked

176^th among 1271 active competitors

Employee Count

3 as on Jul 01, 2024

Investment & Acquisitions

Lyra

Similar Companies

Solana & 1449 more

Exit Details

Acquired by PROOF (Jul 14, 2022)

View Divergence's full profile

Divergence got acquired by PROOF on Jul 14, 2022.

Click here to take a look at Divergence's acquisition in detail

Divergence has raised a total funding of $2.9M over 2 rounds. Its first funding round was on Jun 09, 2021. Divergence has 11 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Divergence:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2021	7322837	ICO	3479783	2410907	9436541	7084672
Jun 09, 2021	2024447	Seed	2266334	1285683	Mechanism Capital & 1 more	Focus Labs & 12 more

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View details of Divergence's funding rounds and investors

Divergence's employee count trend

Divergence has 3 employees as of Jul 24. Here is Divergence's employee count trend over the years:

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Top competitors of Divergence include Solana, Aptos and NEAR. Here is the list of Top 10 competitors of Divergence, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	Andreessen Horowitz, Polychain & 92 others	79/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, Multicoin Capital & 31 others	78/100
3rd	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Electric Capital & 88 others	77/100
4th	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	76/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain-based public network for the financial industry	$368M	Andreessen Horowitz, R8 Capital & 22 others	75/100
6th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 108 others	70/100
7th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 59 others	68/100
8th	Concordium 2018, Cham (Switzerland), Series B	Provider of blockchain-based regulatory compliance support platform	$15M	ARK36, Nakheel Capital & 15 others	68/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, Kernel Ventures & 38 others	68/100
10th	Neo 2014, Shanghai (China), Funding Raised	Blockchain-based infrastructure for the development of decentralized applications	-	Seedvc, Blockwall Management & 23 others	64/100
176th	Divergence 2021, Singapore (Singapore), Acquired	Decentralized platform for volatility derivatives	$2.9M	P2P Capital, HashKey & 13 others	41/100