When was Forward Protocol founded?

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

Where is Forward Protocol located?

Forward Protocol is headquartered in Panama, Panama.

How many employees does Forward Protocol have?

As of Jun 30, 2026, the latest employee count at Forward Protocol is 4.

Is Forward Protocol a funded company?

Forward Protocol is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 08, 2021.

When was the latest funding round of Forward Protocol?

Forward Protocol's latest funding was a $***** ICO round on Feb 05, 2024, with participation from 0 investor.

Where does Forward Protocol rank among its competitors?

Forward Protocol ranks 2nd amongst 59 active competitors, of which 14 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Oumla, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Forward Protocol?

Forward Protocol's top competitors include zbyte, xMentium and Cosmos Labs. Among them, Oumla secured the most recent funding round in December, 2025.

Forward Protocol - 2026 Company Profile, Funding & Competitors

Company Details

Blockchain-based no-code toolkit for app deployment. It enables users to select an application from the repository and choose smart contracts suitable for the purpose. It is also deployed in any EVM-compatible chain.

Website: forwardprotocol.io
Social

Key Metrics

Founded Year

2021

Location

Panama, Panama

Stage

Seed

Total Funding

$1.25M in 2 rounds

Latest Funding Round

ICO, Feb 05, 2024, $*****

Investors

GDA Investments & 26 more

Ranked

2^nd among 59 active competitors

Employee Count

4 as on Jun 30, 2026

Similar Companies

zbyte & 58 more

View Forward Protocol's full profile

Forward Protocol has raised a total funding of $1.25M over 2 rounds. Its first funding round was on Dec 08, 2021. Forward Protocol has 27 institutional investors.

Here is the list of recent funding rounds of Forward Protocol:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2024	9195156	ICO	7427722	4515365	1507527	2452602
Dec 08, 2021	8542203	Seed	7977514	4668343	6574049	MEXC Global & 25 more

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View details of Forward Protocol's funding rounds and investors

Forward Protocol's employee count trend

Forward Protocol has 4 employees as of Jun 26. Here is Forward Protocol's employee count trend over the years:

Employee count trend for Forward Protocol

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Top competitors of Forward Protocol include zbyte, xMentium and Cosmos Labs. Here is the list of Top 10 competitors of Forward Protocol, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	zbyte 2021, San Francisco (United States), Seed	Blockchain-based platform for application development	$15M	Cartography Capital	39/100
2nd	Forward Protocol 2021, Panama (Panama), Seed	Blockchain-based no-code toolkit for app deployment	$1.25M	GDA Investments, MEXC Global & 25 others	36/100
3rd	xMentium 2019, Concord (United States), Series A	Platform offering contract creation software	$9.66M	Swing Ventures	35/100
4th	Cosmos Labs 2015, New York City (United States), Funding Raised	Developer of blockchain solutions including core infrastructure and connectivity protocols	-	Social Starts	35/100
5th	MegaMod 2021, Dubai (United Arab Emirates), Seed	Browser-based multiplayer platform that focuses on user-generated content	$1.9M	Rubylight, Hand Of Midas & 1 others	35/100
6th	Oumla 2022, Riyadh (Saudi Arabia), Seed	Cloud-based infrastructure solution enabling startups to build and deploy blockchain-based applications	$2.4M	Core Vision, 500 Global & 4 others	35/100
7th	Ironforge 2022, Miami (United States), Seed	Online platform for development and management for blockchain applications	$2.6M	Reciprocal Ventures, Portage & 4 others	34/100
8th	Provable Tools 2023, San Francisco (United States), Unfunded	Low code blockchain application development platform	-	-	33/100
9th	Cybermiles 2017, Hong Kong (China), Funding Raised	Blockchain-based smart contract templates for the e-commerce industry	-	Kosmos Ventures, SIG China & 2 others	32/100
10th	Astrakode 2021, Pescara (Italy), Seed	Blockchain as a service, no code blockchain development platform	$99.7K	Faber, Sente	32/100