When was Fantom founded?

Fantom was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Fantom located?

Fantom is headquartered in Seoul, South Korea.

How many employees does Fantom have?

As of Sep 30, 2026, the latest employee count at Fantom is 53.

Is Fantom a funded company?

Fantom is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jun 21, 2018.

When was the latest funding round of Fantom?

Fantom's latest funding was a $***** Series B round on May 24, 2024, with participation from 9 investors.

Where does Fantom rank among its competitors?

Fantom ranks 7th amongst 300 active competitors, of which 51 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ligero, which secured $4M in Feb, 2025.

Who are the top competitors of Fantom?

Fantom's top competitors include Mysten Labs, OpenZeppelin and RootStock. Among them, Ligero secured the most recent funding round in February, 2025.

Fantom - 2026 Company Profile, Team, Funding & Competitors

Fantom is a series B company based in Seoul (South Korea), founded in 2018. It operates as a Smart contract platform for digital assets and dApps. Fantom has raised $50M in funding from investors like Hyperchain Capital, LinkVC and Hashed. The company has 300 active competitors, including 51 funded and 11 that have exited. Its top competitors include companies like Mysten Labs, OpenZeppelin and RootStock.

Company Details

Smart contract platform for digital assets and dApps. It offers smart contracts for facilitating transactions. Uses OPERA, which is a distributed infrastructure and uses a new consensus algorithm known as the Lachesis Consensus Algorithm (LCA), which aims to improve performance and security using DAG-based distributed ledger technologies.

Website: fantom.foundation
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Email ID: *****@fantom.foundation

Key Metrics

Founded Year

2018

Location

Seoul, South Korea

Stage

Series B

Total Funding

$50M in 3 rounds

Latest Funding Round

Series B, May 24, 2024, $*****

Investors

Hyperchain Capital & 48 more

Ranked

7^th among 300 active competitors

Employee Count

53 as on Sep 30, 2026

Investment & Acquisitions

Intu & 3 more

Similar Companies

Mysten Labs & 421 more

View Fantom's full profile

Fantom has raised a total funding of $50M over 3 rounds. Its first funding round was on Jun 21, 2018. Its latest funding round was a Series B round on May 24, 2024 for $*****. 9 investors participated in its latest round. Fantom has 44 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Fantom:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 24, 2024	8528798	Series B	2684263	4670862	2996389	2257263
Mar 28, 2024	5538543	Angel	4046295	3706903	3685197	6760276
Jun 21, 2018	2847066	Series B	7806961	5536851	Signum Capital & 6 more	Bibox

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View details of Fantom's funding rounds and investors

Fantom's employee count trend

Fantom has 53 employees as of Sep 26. Here is Fantom's employee count trend over the years:

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Top competitors of Fantom include Mysten Labs, OpenZeppelin and RootStock. Here is the list of Top 10 competitors of Fantom, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	81/100
2nd	OpenZeppelin 2015, San Francisco (United States), Acquired	Developer of open-source tools and security audits for blockchain applications	-	Northzone, Collab Fund & 14 others	61/100
3rd	RootStock 2015, Buenos Aires (Argentina), Seed	EVM-compatible smart contracts platform	$4.5M	BITMAIN, Digital Currency Group & 5 others	60/100
4th	Mezo 2022, Menlo Park (United States), Series A	Developer of stablecoins fully backed by reserves of digital currency	$30M	Pantera Capital, Ledger & 16 others	59/100
5th	Moonbeam 2019, Singapore (Singapore), Seed	Smart contract platform for the development of interoperable applications	-	CoinFund, SkyChain Capital & 10 others	59/100
6th	Aurora Labs 2021, Gibraltar (Gibraltar), Seed	Decentralized network for creating blockchain-enabled products	$12M	Electric Capital, Pantera Capital & 14 others	59/100
7th	Fantom 2018, Seoul (South Korea), Series B	Smart contract platform for digital assets and dApps	$50M	UOB, Northbund Capital & 47 others	52/100
8th	Symbiont 2013, New York City (United States), Series B	Provider of virtual slot machine games and online casino services	$31M	Nasdaq, Atlantic Merchant Capital Investors ... & 22 others	53/100
9th	Bling Financial 2017, Costa Mesa (United States), Seed	Mobile game developer specializing in blockchain based casual games	$1.25M	Wave Financial, Coinbase & 12 others	50/100
10th	Ligero 2018, Pittsford (United States), Seed	Decentralized platform for enabling transactions & crypto exchanges	$5.15M	Galaxy, Consensys Labs & 7 others	50/100

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Fantom has not made any acquisitions yet. Fantom has made 4 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 21, 2023	Investments	Intu	2022	United States
Feb 20, 2023	Investments	Gateway	2021	Stavanger (Norway)
Jan 17, 2022	Investments	Burnt Finance	2021	Solana Beach (United States)