When was Ondo founded?

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

Where is Ondo located?

Ondo is headquartered in New York City, United States. It is registered at 42/962, VENNALA HIGH SCHOOL ROAD, VENNALA, Ernakulam, KOCHI, Kerala, India, 682028.

Which legal entities is Ondo associated with?

Ondo is associated with V GUARD INDUSTRIES LIMITED and 1 other.

How many employees does Ondo have?

As of Jun 30, 2026, the latest employee count at Ondo is 118.

Is Ondo a funded company?

Ondo is a funded company, having raised a total of $24M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 17, 2021.

When was the latest funding round of Ondo?

Ondo's latest funding was a $***** ICO round on Jan 18, 2024, with participation from 0 investor.

Where does Ondo rank among its competitors?

Ondo ranks 3rd amongst 225 active competitors, of which 51 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Centrifuge, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Ondo?

Ondo's top competitors include R3, Centrifuge and Enjin. Among them, Centrifuge secured the most recent funding round in May, 2026.

Ondo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Decentralized investment bank for financial assets. It allows users to fund their wallets and subscribe to a fixed or variable-yield tranche, the accrued yield gets automatically compounded over a fixed duration, and users can claim earnings and select a new vault to re-deploy capital.

Website: ondo.finance
Social
Email ID: *****@ondo.finance
Registered Address: 42/962, VENNALA HIGH SCHOOL ROAD, VENNALA, Ernakulam, KOCHI, Kerala, India, 682028

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Series A

Total Funding

$24M in 3 rounds

Latest Funding Round

ICO, Jan 18, 2024, $*****

Investors

Pantera Capital & 22 more

Ranked

3^rd among 225 active competitors

Employee Count

118 as on Jun 30, 2026

Investment & Acquisitions

Oasis Pro Markets & 1 more

Similar Companies

R3 & 297 more

View Ondo's full profile

Ondo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
V GUARD INDUSTRIES LIMITED CIN: L31200KL1996PLC010010 , India, Active	Feb 12, 1996	₹1,000+ Cr (As on Mar 31, 2025)	3006 (As on Mar 31, 2024)
ONDO CIN: 40103780706 , Latvia, Deadpooled	Apr 16, 2014	€1M - €10M (As on Dec 31, 2019)	-	-

Ondo has raised a total funding of $24M over 3 rounds. Its first funding round was on Aug 17, 2021. Ondo has 19 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Ondo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 18, 2024	7107091	ICO	1752425	4890273	9208087	6651776
Apr 27, 2022	3582149	Series A	1618977	8694605	1782478	GoldenTree & 5 more
Aug 17, 2021	3314976	Seed	7249438	7354820	Pantera Capital	Digital Currency Group & 9 more

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View details of Ondo's funding rounds and investors

The founders of Ondo is Nathan Allman.

Here are the details of Ondo's key team members:

Nathan Allman: Co-Founder of Ondo. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Ondo's Founder profiles and Board Members

Ondo's employee count trend

Ondo has 118 employees as of Jun 26. Here is Ondo's employee count trend over the years:

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Top competitors of Ondo include R3, Centrifuge and Enjin. Here is the list of Top 10 competitors of Ondo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	R3 2015, London (United Kingdom), Series A	Provider of digital currency, digital asset and interoperability solutions	$112M	HSBC, Bank of America & 31 others	75/100
2nd	Centrifuge 2017, San Francisco (United States), Series A	Provider of the decentralized platform to connect the financial supply chain	$27.1M	Mosaic Ventures, ParaFi & 43 others	68/100
3rd	Ondo 2021, New York City (United States), Series A	Decentralized investment bank for financial assets	$24M	Tiger Global Management, Founders Fund & 21 others	66/100
4th	Enjin 2009, Singapore (Singapore), Seed	Blockchain based gaming platform to create virtual assets	$19M	DEG, Blockchain & 19 others	65/100
5th	Midas 2020, Berlin (Germany), Series A	An asset tokenization platform bringing exposure to institutional-grade assets on-chain	$58.8M	Creandum, RRE Ventures & 19 others	61/100
6th	INX 2010, Gibraltar (Gibraltar), Acquired	Automated trading platform for cryptocurrencies and derivatives	$1M	DMG, Intuition Fund & 5 others	60/100
7th	Zoth 2022, Dover (United States), Series A	Blockchain-based platform for tokenized art and real estate assets	$6.5M	Taisu, Orbit Ventures & 18 others	60/100
8th	Securitize 2017, San Francisco (United States), Series B	Blockchain-based asset tokenization platform	$132M	Blockchain Capital, Nomura & 55 others	60/100
9th	Ownera 2018, London (United Kingdom), Series A	Blockchain-based ownership issuance and digital security solutions	$20M	J P Morgan, LRC Group & 12 others	59/100
10th	Forte 2019, San Francisco (United States), Series B	Provider of Web3 infrastructure and compliance platform for blockchain projects	$910M	Kora, Canaan & 30 others	58/100