When was Electroneum founded?

Electroneum was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Electroneum located?

Electroneum is headquartered in Maidstone, United Kingdom.

Which legal entities is Electroneum associated with?

Electroneum is associated with RED CUBE ADVERTISING LTD and 1 other.

How many employees does Electroneum have?

As of Aug 31, 2026, the latest employee count at Electroneum is 22.

Is Electroneum a funded company?

Electroneum is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on Oct 23, 2017.

When was the latest funding round of Electroneum?

Electroneum's latest funding was a $***** ICO round on Oct 23, 2017, with participation from 0 investor. Its primary sector is Cryptocurrencies. In United Kingdom, the Cryptocurrencies sector has seen $252M in funding in 2026 to date.

Where does Electroneum rank among its competitors?

Electroneum ranks 10th amongst 94 active competitors, of which 13 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was ARYZE, which secured $3.49M in May, 2026.

Who are the top competitors of Electroneum?

Electroneum's top competitors include Skrill, Bitwage and AZA Finance. Among them, ARYZE secured the most recent funding round in May, 2026.

Electroneum - 2026 Company Profile, Team, Funding, Competitors & Financials

Electroneum is a funded company based in Maidstone (United Kingdom), founded in 2017 by Richard Ells. It operates as a Cross border P2P crypto transfers. Electroneum has raised an undisclosed amount in funding. The company has 94 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Skrill, Bitwage and AZA Finance.

Company Details

Cross border P2P crypto transfers. It also allows a user can download the app from the store and start mining small amounts of Electroneum. Targeted towards mobile ubiquity.

Website: electroneum.com
Social
Email ID: *****@electroneum.com

Key Metrics

Founded Year

2017

Location

Maidstone, United Kingdom

Stage

Funding Raised

Latest Funding Round

ICO, Oct 23, 2017, $*****

Investors

Blockchain R&I

Ranked

10^th among 94 active competitors

Employee Count

22 as on Aug 31, 2026

Similar Companies

Skrill & 187 more

View Electroneum's full profile

Electroneum is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RED CUBE ADVERTISING LTD CIN: 11107403 , United Kingdom, Active		-	1 (As on Dec 31, 2023)
ELECTRONEUM LTD CIN: 10845797 , United Kingdom, Active	Jul 02, 2017	-	7 (As on Dec 31, 2023)

Electroneum has raised funding over 1 round. Electroneum has 1 institutional investor.

Here is the list of recent funding rounds of Electroneum:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 23, 2017	1524145	ICO	9452148	6556120	1273610	3399511

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View details of Electroneum's funding rounds and investors

The founders of Electroneum is Richard Ells.

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

Richard Ells: Founder & Director of Electroneum and founder of 1 other company.

View details of Electroneum's Founder profiles and Board Members

Electroneum's employee count trend

Electroneum has 22 employees as of Aug 26. Here is Electroneum's employee count trend over the years:

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Top competitors of Electroneum include Skrill, Bitwage and AZA Finance. Here is the list of Top 10 competitors of Electroneum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Skrill 2001, London (United Kingdom), Acquired	Provider of digital wallet services for online payments and money transfers	-	Gatcombe Park Ventures, Daniel Gutenberg & 2 others	67/100
2nd	Bitwage 2013, San Francisco (United States), Acquired	Payroll and invoicing solutions for cryptocurrencies	$2.26M	Draper, BnkToTheFuture & 10 others	66/100
3rd	AZA Finance 2013, London (United Kingdom), Series C	Software for cross-border remittance and forex management	$41.8M	Greycroft, Draper & 23 others	62/100
4th	Mixin 2013, Brighton (United Kingdom), Funding Raised	Decentralized P2P transaction network	-	Blockchain R&I, Longmen & 1 others	57/100
5th	Colu 2014, Tel Aviv (Israel), Acquired	Developer of a platform for cities to engage with residents	$26.6M	Spark Capital, Aleph & 8 others	53/100
6th	Metal Pay 2016, San Francisco (United States), Seed	Blockchain-based remittance solution with an own reward native currency	-	Goldfingr, Gtwy & 2 others	52/100
7th	Everex 2016, Singapore (Singapore), Seed	Blockchain-based microfinance and remittance platform	$500K	Bangkok Bank InnoHub, BlockVentures Capital ... & 2 others	49/100
8th	ARYZE 2017, Copenhagen (Denmark), Seed	Payment infrastructure for money transfer solutions	$5.09M	Keystones, Venturecup	48/100
9th	Velo 2019, Bangkok (Thailand), Series A	Blockchain-based payment solution	$10M	DWF Labs, Signum Capital & 1 others	47/100
10th	Electroneum 2017, Maidstone (United Kingdom), Funding Raised	Cross border P2P crypto transfers	-	Blockchain R&I	46/100