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 Feb 28, 2026, the latest employee count at Fantom is 59.

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 2nd amongst 234 active competitors, of which 50 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Mezo, which secured $7.5M in Jul, 2024.

Who are the top competitors of Fantom?

Fantom's top competitors include Mysten Labs, OpenZeppelin and Data Gumbo. Among them, Mezo secured the most recent funding round in July, 2024.

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, LinkVC and Hashed. The company has 234 active competitors, including 50 funded and 9 that have exited. Its top competitors include companies like Mysten Labs, OpenZeppelin and Data Gumbo.

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 & 48 more

Ranked

2^nd among 234 active competitors

Employee Count

59 as on Feb 28, 2026

Investment & Acquisitions

Intu & 3 more

Similar Companies

Mysten Labs & 356 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	5461013	Series B	3389759	2548794	6361589	4878072
Mar 28, 2024	8921366	Angel	5647748	5607887	2464303	6667775
Jun 21, 2018	5387996	Series B	1039185	2117071	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 59 employees as of Feb 26. Here is Fantom's employee count trend over the years:

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Top competitors of Fantom include Mysten Labs, OpenZeppelin and Data Gumbo. 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	80/100
2nd	Fantom 2018, Seoul (South Korea), Series B	Smart contract platform for digital assets and dApps	$50M	UOB, Northbund Capital & 47 others	67/100
3rd	OpenZeppelin 2015, San Francisco (United States), Funding Raised	Developer of open-source tools and security audits for blockchain applications	-	Blockchain Coinvestors, BoxGroup & 14 others	60/100
4th	Data Gumbo 2016, Houston (United States), Series C	Smart contracts-enabled blockchain-as-a-service platform	$18.8M	Aramco Ventures, Equinor & 3 others	59/100
5th	Mezo 2022, Menlo Park (United States), Series A	Bitcoin-native chain platform	$30M	Pantera Capital, Ledger & 14 others	59/100
6th	Symbiont 2013, New York City (United States), Series B	Provider of blockchain-based smart securities and financial contract platforms	$31M	Nasdaq, Atlantic Merchant Capital Investors ... & 22 others	59/100
7th	Aurora Labs 2021, Gibraltar (Gibraltar), Seed	Decentralized network for creating blockchain-enabled products	$12M	Electric Capital, Pantera Capital & 14 others	58/100
8th	The DUSK Network 2018, Amsterdam (Netherlands), Seed	Blockchain-based P2P network for bi-directional transmission of data	$1M	Bitfinex, COSIMO X & 3 others	53/100
9th	FuzzLand 2022, Palo Alto (United States), Acquired	Smart contract automated analysis platform	$3M	HashKey Capital, SNZ & 2 others	51/100
10th	Bling Financial 2017, Costa Mesa (United States), Seed	Mobile game developer specializing in blockchain based casual games	$1.25M	Coinbase, Wave Financial & 12 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 18, 2022	Investments	Burnt Finance	2021	Solana Beach (United States)