Ondo - About the company
Ondo is a series A company based in New York City (United States), founded in 2021 by Nathan Allman. It operates as a Decentralized investment bank for financial assets. Ondo has raised $24M in funding from Pantera Capital and Founders Fund. The company has 232 active competitors, including 51 funded and 7 that have exited. Its top competitors include companies like R3, Centrifuge and Enjin.
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
- 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
Investors
Ranked
3rd among 232 active competitors
Employee Count
128 as on Jul 31, 2026
Investment & Acquisitions
Legal entities associated with Ondo
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) | - | - |
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Ondo's funding and investors
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 | 3574544 | ICO | 4671292 | 1744162 | 2118729 | 7438058 |
Apr 27, 2022 | 6355779 | Series A | 7346013 | 6836394 | 3997096 | |
Aug 17, 2021 | 8415446 | Seed | 3868358 | 9473005 |
View details of Ondo's funding rounds and investors
Ondo's founders and board of directors
Founder? Claim ProfileThe 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 128 employees as of Jul 26. Here is Ondo's employee count trend over the years:
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Ondo's Competitors and alternates
Top competitors of Ondo include R3, Centrifuge and Enjin. Here is the list of Top 10 competitors of Ondo, ranked by Tracxn score:
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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 | 75/100 | |
2nd | Centrifuge 2017, San Francisco (United States), Series A | Provider of the decentralized platform to connect the financial supply chain | $27.1M | 68/100 | |
3rd | Ondo 2021, New York City (United States), Series A | Decentralized investment bank for financial assets | $24M | 66/100 | |
4th | Blockchain based gaming platform to create virtual assets | $19M | 65/100 | ||
5th | An asset tokenization platform bringing exposure to institutional-grade assets on-chain | $58.8M | 61/100 | ||
6th | Automated trading platform for cryptocurrencies and derivatives | $1M | 60/100 | ||
7th | Zoth 2022, Dover (United States), Series A | Blockchain-based platform for tokenized art and real estate assets | $6.5M | 60/100 | |
8th | Securitize 2017, San Francisco (United States), Series B | Blockchain-based asset tokenization platform | $132M | 60/100 | |
9th | Ownera 2018, London (United Kingdom), Series A | Blockchain-based ownership issuance and digital security solutions | $20M | 59/100 | |
10th | Forte 2019, San Francisco (United States), Series B | Provider of Web3 infrastructure and compliance platform for blockchain projects | $910M | 58/100 |
Looking for more details on Ondo's competitors? Click here to see the top ones
Ondo's Investments and acquisitions
Ondo has made 2 investments in Saturn Credit and SharpLink and acquired Oasis Pro Markets.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 08, 2026 | Investments | 2023 | London (United Kingdom) | |
Jul 04, 2025 | Acquisition | 2008 | Darien (United States) | |
May 26, 2025 | Investments | 2019 | Minneapolis (United States) |
Reports related to Ondo
Here is the latest report on Ondo's sector:
News related to Ondo
Media has covered Ondo for a total of 98 events in the last 1 year, 51 of them have been about company updates and 28 about partnerships.
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Ondo Finance's QQQon Tokenized Stock Sees $2.3M Ether Bet as Market ExpandsBitcoin Ethereum News•Aug 18, 2026•Ondo
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Ondo's Oasis Pro Receives SEC and FINRA Approval for Tokenized StocksThe Crypto Times•Jul 23, 2026•Ondo
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Ondo Finance Launches Tokenized Stock Representations Backed by DTCC Tokenized EntitlementsThe Crypto Times•Jul 16, 2026•Ondo
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