When was Litecoin Project founded?

Litecoin Project was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is Litecoin Project located?

Litecoin Project is headquartered in San Francisco, United States.

Is Litecoin Project a funded company?

Litecoin Project is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jul 09, 2017.

When was the latest funding round of Litecoin Project?

Litecoin Project's latest funding was a $***** Series A round on Jul 09, 2017, with participation from 1 investor.

Where does Litecoin Project rank among its competitors?

Litecoin Project ranks 11th amongst 462 active competitors, of which 27 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was BTQ, which secured $29.3M in Jul, 2025.

Who are the top competitors of Litecoin Project?

Litecoin Project's top competitors include Bitcoin, Dash and Bitfury. Among them, BTQ secured the most recent funding round in July, 2025.

Litecoin Project - 2026 Company Profile, Team, Funding & Competitors

Litecoin Project is a series A company based in San Francisco (United States), founded in 2011 by Charlie Lee. It operates as an Open-source P2P digital currency enabling instant, near-zero cost global payments. Litecoin Project has raised an undisclosed amount in funding. The company has 462 active competitors, including 27 funded and 12 that have exited. Its top competitors include companies like Bitcoin, Dash and Bitfury.

Company Details

Open-source P2P digital currency enabling instant, near-zero cost global payments. It is a decentralized, open-source global payment network secured by mathematics, empowering individuals to control their finances. It features faster transaction confirmation times and improved storage efficiency. As a proven medium of commerce complementary to Bitcoin, it offers substantial industry support, trade volume, and liquidity. The platform utilizes Blockchain technology for secure and transparent transactions. Wallet encryption provides added security. The project operates under the MIT/X11 license, promoting open-source software development. It supports a vibrant community through forums, Telegram, Reddit, and IRC channels. Resources include a Wiki, Block Explorer Charts, and GitHub source code. The network is designed to handle higher transaction volume with more frequent block generation.

Website: litecoin.org
Social

Key Metrics

Founded Year

2011

Location

San Francisco, United States

Stage

Series A

Latest Funding Round

Series A, Jul 09, 2017, $*****

Investors

Bauhaus Group & 11 more

Ranked

11^th among 462 active competitors

Investment & Acquisitions

MEI Pharma

Similar Companies

Bitcoin & 1220 more

View Litecoin Project's full profile

Litecoin Project has raised funding over 1 round. Its latest funding round was a Series A round on Jul 09, 2017 for $*****. 1 investor participated in its latest round. Litecoin Project has 12 institutional investors.

Here is the list of recent funding rounds of Litecoin Project:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 09, 2017	9998666	Series A	8769491	1637948	1917926	9429799

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View details of Litecoin Project's funding rounds and investors

The founders of Litecoin Project is Charlie Lee.

Here are the details of Litecoin Project's key team members:

Charlie Lee: Founder & Director of Litecoin Project and founder of 1 other company. They are also an angel investor in 9 startups.

View details of Litecoin Project's Founder profiles and Board Members

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Top competitors of Litecoin Project include Bitcoin, Dash and Bitfury. Here is the list of Top 10 competitors of Litecoin Project, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bitcoin 2009, Las Vegas (United States), Public	Decentralized P2P cryptocurrency for payments	$100M	MassMutual, BLOCKRAISE & 78 others	72/100
2nd	Dash 2014, Scottsdale (United States), Series B	Digital currency for making payments	$16.2M	Marshmallow Cash, Blockwall Management & 6 others	69/100
3rd	Bitfury 2011, Amsterdam (Netherlands), Series D	AI and blockchain-based platform offering cryptocurrency mining solutions	$181M	Georgian Co-Investment Fund, Binary Fintech Group ... & 38 others	65/100
4th	Canaan 2013, Hangzhou (China), Public	Developer of ASICs for block-chain computing	$43.7M	Tunlan Captial, Jin Jiang International & 2 others	63/100
5th	BTQ 1998, Vancouver (Canada), Public	Provider of a platform offering post-quantum blockchain scaling solution	-	Quadrilium Ventures, A.G.P. Canada	61/100
6th	Zcash Electric Coin Company 2016, Boulder (United States), Seed	Privacy-protecting digital currency enabling private peer-to-peer electronic cash transactions	-	Fifth Era, INBlockchain & 19 others	56/100
7th	Request Network 2017, Singapore (Singapore), Seed	Decentralized payment network	$5.62M	Balderton Capital, XAnge & 13 others	56/100
8th	Beam 2017, Tel Aviv (Israel), Series A	Privacy-focused cryptocurrency based on MimbleWimble blockchain	$5M	Recruit Strategic Partners, Altonomy & 15 others	55/100
9th	BitMinutes 2017, New York City (United States), Funding Raised	Financial inclusion through prepaid minutes, transfers, payments, and microloans	-	Etheralabs, Cloquet Capital Partners	51/100
10th	fuse.io 2014, Tel Aviv (Israel), Series A	Blockchain-enabled decentralized payment solution	$5M	Tectona, GAINS Associates & 5 others	51/100
11th	Litecoin Project 2011, San Francisco (United States), Series A	Open-source P2P digital currency enabling instant, near-zero cost global payments	-	Bauhaus Group, Planet Ventures & 10 others	51/100