When was Drift founded?

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

Where is Drift located?

Drift is headquartered in United States.

How many employees does Drift have?

As of Sep 30, 2026, the latest employee count at Drift is 15.

Is Drift a funded company?

Drift is a funded company, having raised a total of $28.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 26, 2021.

When was the latest funding round of Drift?

Drift's latest funding was a $***** Conventional Debt round on Apr 16, 2026, with participation from 1 investor. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $2.41B in funding in 2026 to date.

Where does Drift rank among its competitors?

Drift ranks 5th amongst 102 active competitors, of which 38 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Synthetix, which secured $150M in Apr, 2026.

Who are the top competitors of Drift?

Drift's top competitors include Blofin, dYdX and Synthetix. Among them, Synthetix secured the most recent funding round in April, 2026.

Drift - 2026 Company Profile, Team, Funding & Competitors

Company Details

Future & options focused trading solutions for cryptocurrency. It offers cross-margin trading support, transparent pricing, liquidity support, funds transferring, and more. It supports Etherium, Solana, XRP, Binance Coins, and more.

Website: www.drift.trade/
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Key Metrics

Founded Year

2021

Location

United States

Stage

Series B

Total Funding

$28.8M in 4 rounds

Latest Funding Round

Conventional Debt, Apr 16, 2026, $*****

Investors

Multicoin Capital & 14 more

Ranked

5^th among 102 active competitors

Employee Count

15 as on Sep 30, 2026

Similar Companies

Blofin & 106 more

View Drift's full profile

Drift has raised a total funding of $28.8M over 4 rounds. Its first funding round was on Oct 26, 2021. Its latest funding round was a Conventional Debt round on Apr 16, 2026 for $*****. 1 investor participated in its latest round. Drift has 15 institutional investors.

Here is the list of recent funding rounds of Drift:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2026	2185622	Conventional Debt	9938670	2756574	6678277	9587660
Apr 16, 2026	3553775	Grant (prize money)	1048487	3339010	6615197	Tether
Sep 20, 2024	8710351	Series B	3435598	3079104	Multicoin Capital	Primitive Ventures & 3 more

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View details of Drift's funding rounds and investors

The founders of Drift is Cindy Leow.

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

Cindy Leow: Co-Founder of Drift. They are also an angel investor in 1 startup.

View details of Drift's Founder profiles and Board Members

Drift's employee count trend

Drift has 15 employees as of Sep 26. Here is Drift's employee count trend over the years:

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Top competitors of Drift include Blofin, dYdX and Synthetix. Here is the list of Top 10 competitors of Drift, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Blofin 2019, George Town (Cayman Islands), Series B	Cryptocurrency futures trading platform	$50M	KuCoin, SIG & 1 others	62/100
2nd	dYdX 2017, New York City (United States), Series C	Developer of a decentralised platform for perpetual contract trading	$87M	Andreessen Horowitz, Paradigm & 45 others	58/100
3rd	Synthetix 2017, Sydney (Australia), Series C	Operator of a platform for perpetual futures trading on Ethereum	$240M	Framework Ventures, Goldman Sachs Asset Management ... & 21 others	56/100
4th	Ostium 2022, Chicago (United States), Series A	Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX	$28M	General Catalyst, Jump Crypto & 9 others	54/100
5th	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Tether, Bixin Ventures & 13 others	53/100
6th	EdgeX 2023, Singapore (Singapore), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	50/100
7th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	Consensys, HSG & 12 others	49/100
8th	LogX 2021, George Town (Cayman Islands), Seed	Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading	$10.1M	Saison Capital, Hashed Emergent & 19 others	48/100
9th	Ethgas 2024, British Virgin Islands, Seed	Operator of a marketplace for Ethereum blockspace commitments and trading	$17M	Polychain, SIG DT Investments & 6 others	45/100
10th	Flipster 2021, Panama (Panama), Unfunded	Provider of a cryptocurrency derivatives trading exchange	-	-	45/100