Internal Server Error

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.
Social
X
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
Ranked
Employee Count
128 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Sign up to download Ondo's company profile

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
lockAccess funding benchmarks and valuations. Sign up today!

Ondo's founders and board of directors

Founder? Claim Profile
The founders of Ondo is Nathan Allman.
Here are the details of Ondo's key team members:

Ondo's employee count trend

Ondo has 128 employees as of Jul 26. Here is Ondo's employee count trend over the years:
Employee count trend for Ondo
lockUncover Ondo's growth story! Sign up today!
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for R3
R3
2015, London (United Kingdom), Series A
Provider of digital currency, digital asset and interoperability solutions
$112M
75/100
2nd
Logo for Centrifuge
Centrifuge
2017, San Francisco (United States), Series A
Provider of the decentralized platform to connect the financial supply chain
$27.1M
68/100
3rd
Logo for Ondo
Ondo
2021, New York City (United States), Series A
Decentralized investment bank for financial assets
$24M
66/100
4th
Logo for Enjin
Enjin
2009, Singapore (Singapore), Seed
Blockchain based gaming platform to create virtual assets
$19M
65/100
5th
Logo for Midas
Midas
2020, Berlin (Germany), Series A
An asset tokenization platform bringing exposure to institutional-grade assets on-chain
$58.8M
61/100
6th
Logo for INX
INX
2010, Gibraltar (Gibraltar), Acquired
Automated trading platform for cryptocurrencies and derivatives
$1M
60/100
7th
Logo for Zoth
Zoth
2022, Dover (United States), Series A
Blockchain-based platform for tokenized art and real estate assets
$6.5M
60/100
8th
Logo for Securitize
Securitize
2017, San Francisco (United States), Series B
Blockchain-based asset tokenization platform
$132M
60/100
9th
Logo for Ownera
Ownera
2018, London (United Kingdom), Series A
Blockchain-based ownership issuance and digital security solutions
$20M
59/100
10th
Logo for Forte
Forte
2019, San Francisco (United States), Series B
Provider of Web3 infrastructure and compliance platform for blockchain projects
$910M
58/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
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
Jul 04, 2025
Acquisition
2008
Darien (United States)
May 26, 2025
Investments
2019
Minneapolis (United States)
lockWant to know more about where corporates are investing? Sign up today!

Reports related to Ondo

Here is the latest report on Ondo's sector:

News related to Ondo

lockFilter this list
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.
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Ondo

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford