Lantern - About the company
Lantern is a seed company based in San Francisco (United States), founded in 2023 by Jung Won Kim, Deegii Altangerel and Prince Jindal. It operates as an Online platform offering suite of staking products. Lantern has raised $1.02M in funding from Techstars. The company has 542 active competitors, including 117 funded and 12 that have exited. Its top competitors include companies like Figment, ether.fi and Lido.
Company Details
Online platform offering suite of staking products. It offers a staking platform designed for crypto investors and allows users to stake Ethereum tokens and earn staking rewards for the Ethereum network. It also offers cryptocurrency-based loans.
- Website
- lantern.finance
- Email ID
- *****@lantern.finance
Key Metrics
Founded Year
2023
Location
San Francisco, United States
Stage
Seed
Total Funding
$1.02M in 2 rounds
Latest Funding Round
Ranked
24th among 542 active competitors
Employee Count
7 as on Apr 30, 2026
Legal entities associated with Lantern
Lantern is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LANTERN FINANCE, INC. CIN: 7358912 , United States, Active | Mar 20, 2023 | - | - | - |
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Lantern's funding and investors
Lantern has raised a total funding of $1.02M over 2 rounds. Its first funding round was on 2024. Its latest funding round was a Seed round on Feb 28, 2025 for $*****. 3 investors participated in its latest round. Lantern has 4 institutional investors.
Here is the list of recent funding rounds of Lantern:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 28, 2025 | 7664304 | Seed | 7911001 | 9106303 | 6073519 | 5757065 |
2024 | 1568 | Seed | 7415 | 2535 | 3183 |
View details of Lantern's funding rounds and investors
Lantern's founders and board of directors
Founder? Claim ProfileThe founders of Lantern are Jung Won Kim, Deegii Altangerel and Prince Jindal. Jung Won Kim is the CEO of Lantern.
Here are the details of Lantern's key team members:
- Jung Won Kim: Co-Founder & CEO of Lantern. Contact Info: 1 email address
- Deegii Altangerel: Co-Founder, CTO of Lantern.
- Prince Jindal: Co-Founder of Lantern. Contact Info: 1 email address
View details of Lantern's Founder profiles and Board Members
Lantern's employee count trend
Lantern has 7 employees as of Apr 26. Here is Lantern's employee count trend over the years:
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Lantern's Competitors and alternates
Top competitors of Lantern include Figment, ether.fi and Lido. Here is the list of Top 10 competitors of Lantern, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform for the staking solution | $165M | 69/100 | ||
2nd | ether.fi 2022, George Town (Cayman Islands), Series A | Liquid staking protocol | $32.3M | 66/100 | |
3rd | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
4th | CyberConnect 2021, Palo Alto (United States), Series A | Web3 social network platform | $25M | 62/100 | |
5th | EigenLayer 2021, Seattle (United States), Series B | Provider of verifiable cloud computing platform | $241M | 62/100 | |
6th | Puffer Finance 2022, United States, Series A | Anti-slashing liquid staking protocol | $24.1M | 60/100 | |
7th | Tokens.com 2020, Toronto (Canada), Public | Blockchain-based technology focused on transaction processing and validation services for various digital assets | $25M | - | 60/100 |
8th | P2P 2018, George Town (Cayman Islands), Series A | Provider of a non-custodial staking platform for cryptocurrencies | $23M | 60/100 | |
9th | Platform offering a generalized shared security system for decentralized networks | $34.8M | 58/100 | ||
10th | Solv Finance 2021, Beijing (China), Series B | Blockchain-based network for financial institutions | $26M | 57/100 | |
24th | Lantern 2023, San Francisco (United States), Seed | Online platform offering suite of staking products | $1.02M | 51/100 |
Looking for more details on Lantern's competitors? Click here to see the top ones
Lantern's Investments and acquisitions
Lantern has made no investments or acquisitions yet.
Reports related to Lantern
Here is the latest report on Lantern's sector:
News related to Lantern
Media has covered Lantern for 1 event in last 1 year, It was about company updates.
•
Lantern Finance Reports Zero Liquidations Amid $19 Billion Crypto Market CrashGlobeNewswire•Oct 24, 2025•Lantern
•
Lantern Finance Raises $1 Million+ Pre-Seed Round to Advance Crypto-Backed LendingFintech Finance•Feb 28, 2025•Lantern, OrangeDAO, Supermoon Capital, Andover
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