When was Ika founded?

Ika was founded in 2022 and raised its 1st funding round 3 years after it was founded.

How many employees does Ika have?

As of Aug 31, 2026, the latest employee count at Ika is 8.

Is Ika a funded company?

Ika is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Apr 29, 2025.

When was the latest funding round of Ika?

Ika's latest funding was a $***** Series B round on Apr 29, 2025, with participation from 28 investors.

Where does Ika rank among its competitors?

Ika ranks 81st amongst 283 active competitors, of which 83 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Kemet Trading, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Ika?

Ika's top competitors include Brahma, Pi Network and Bloxroute. Among them, Kemet Trading secured the most recent funding round in May, 2026.

Ika - 2026 Company Profile, Funding & Competitors

Company Details

Developer of a multi-party computation network providing secure cross-chain functionality. It offers a solution for decentralized custody and programmable interactions across multiple networks. The network enables real-time applications for decentralized finance, and secure multi-chain decentralized applications. It facilitates control of accounts on any chain from a smart contract.

Website: ika.xyz
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Key Metrics

Founded Year

2022

Stage

Series B

Total Funding

$21M in 1 round

Latest Funding Round

Series B, Apr 29, 2025, $*****

Investors

Liquid 2 Ventures & 31 more

Ranked

81^st among 283 active competitors

Employee Count

8 as on Aug 31, 2026

Similar Companies

Brahma & 318 more

View Ika's full profile

Ika has raised a total funding of $21M over 1 round. Its latest funding round was a Series B round on Apr 29, 2025 for $*****. 28 investors participated in its latest round. Ika has 32 institutional investors.

Here is the list of recent funding rounds of Ika:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	1072212	Series B	6555705	4786364	2367673	3709489

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View details of Ika's funding rounds and investors

Ika's employee count trend

Ika has 8 employees as of Aug 26. Here is Ika's employee count trend over the years:

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Top competitors of Ika include Brahma, Pi Network and Bloxroute. Here is the list of Top 10 competitors of Ika, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	71/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	67/100
3rd	Bloxroute 2017, Evanston (United States), Acquired	Provider of real-time data and transaction propagation for blockchain networks	$89.6M	SoftBank Vision Fund, Maven 11 & 19 others	67/100
4th	Berachain 2022, George Town (Cayman Islands), Series B	Provider of EVM-compatible blockchain built on Proof-of-Liquidity consensus	$142M	Polychain, Framework Ventures & 27 others	62/100
5th	Sei 2021, San Francisco (United States), Series B	Online platform offering blockchain infrastructure solutions	$35M	Bixin Ventures, Distributedglobal & 21 others	60/100
6th	GAIB 2024, Singapore (Singapore), Series A	Blockchain-based platform offering tokenizes enterprise-grade GPUs	$15M	Hack VC, Hashed & 14 others	60/100
7th	Veda Tech 2024, New York City (United States), Series B	Provider of vault infrastructure platform for institutions to manage onchain financial products	$18M	CoinFund, Relayer Capital & 12 others	59/100
8th	Radix 2016, Channel Islands, Series A	Blockchain platform featuring a range of DeFi applications	$14.1M	LocalGlobe, DWF Labs & 7 others	58/100
9th	ZeroLend 2023, Athens (Greece), Seed	Platform offering online banking solutions	$3M	iAngels, Bison Fund & 24 others	57/100
10th	Kemet Trading 2022, New York City (United States), Series A	Platform offering infrastructure for digital asset derivative trading	$6.99M	BECO Capital, FalconX & 6 others	56/100
81st	Ika 2022, Series B	Developer of a multi-party computation network providing secure cross-chain functionality	$21M	Liquid 2 Ventures, Amplify Partners & 30 others	33/100