When was Pell Network founded?

Pell Network was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is Pell Network located?

Pell Network is headquartered in Singapore, Singapore.

Who is the current CEO of Pell Network?

Steven Pell of Pell Network. They have also founded 1 company.

How many employees does Pell Network have?

As of May 31, 2026, the latest employee count at Pell Network is 5.

Is Pell Network a funded company?

Pell Network is a funded company, having raised a total of $6.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 15, 2024.

When was the latest funding round of Pell Network?

Pell Network's latest funding was a $***** Seed round on Jan 28, 2025, with participation from 8 investors. Its primary sector is Cryptocurrencies. In Singapore, the Cryptocurrencies sector has seen $39.8M in funding in 2026 to date.

Where does Pell Network rank among its competitors?

Pell Network ranks 74th amongst 548 active competitors, of which 117 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Figment, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Pell Network?

Pell Network's top competitors include Figment, ether.fi and Lido. Among them, Figment secured the most recent funding round in October, 2025.

Pell Network - 2026 Company Profile, Team, Funding & Competitors

Pell Network is a seed company based in Singapore (Singapore), founded in 2024 by Makoto Uramura, Tyler Wu, Steven Pell and Xavier Xiang. It operates as a Decentralized BTC restaking network. Pell Network has raised $6.5M in funding from investors like Halo Capital, Mirana and Paper Ventures. The company has 548 active competitors, including 117 funded and 14 that have exited. Its top competitors include companies like Figment, ether.fi and Lido.

Company Details

Decentralized BTC restaking network. It is constructing a network that aggregates native BTC Stake and LSD restake services, it allows stakers to choose to validate software modules built upon the ecosystem. It provides decentralized cloud infrastructure on bitcoin.

Website: pell.network
Social
Email ID: *****@pell.network

Key Metrics

Founded Year

2024

Location

Singapore, Singapore

Stage

Seed

Total Funding

$6.5M in 2 rounds

Latest Funding Round

Seed, Jan 28, 2025, $*****

Investors

Halo Capital & 11 more

Ranked

74^th among 548 active competitors

Employee Count

5 as on May 31, 2026

Similar Companies

Figment & 630 more

View Pell Network's full profile

Pell Network has raised a total funding of $6.5M over 2 rounds. Its first funding round was on Oct 15, 2024. Its latest funding round was a Seed round on Jan 28, 2025 for $*****. 8 investors participated in its latest round. Pell Network has 12 institutional investors.

Here is the list of recent funding rounds of Pell Network:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 28, 2025	1829553	Seed	3503506	2742811	6248779	6091952
Oct 15, 2024	3538045	Seed	5316739	4519078	Halo Capital & 2 more	D11 & 1 more

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View details of Pell Network's funding rounds and investors

The founders of Pell Network are Makoto Uramura, Tyler Wu, Steven Pell and Xavier Xiang. Steven Pell is the CEO of Pell Network.

Here are the details of Pell Network's key team members:

Makoto Uramura: Co-Founder of Pell Network.
Tyler Wu: Co-Founder of Pell Network.
Steven Pell: Co-Founder & Co-CEO of Pell Network.
Contact Info: 1 email address
Xavier Xiang: Co-Founder of Pell Network.
Contact Info: 1 email address

View details of Pell Network's Founder profiles and Board Members

Pell Network's employee count trend

Pell Network has 5 employees as of May 26. Here is Pell Network's employee count trend over the years:

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Top competitors of Pell Network include Figment, ether.fi and Lido. Here is the list of Top 10 competitors of Pell Network, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Figment 2018, Toronto (Canada), Series C	Online platform for the staking solution	$165M	Bonfire Ventures, Thoma Bravo & 57 others	69/100
2nd	ether.fi 2022, George Town (Cayman Islands), Series A	Liquid staking protocol	$32.3M	Chapter One, CoinFund & 28 others	66/100
3rd	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, KR1 & 20 others	63/100
4th	CyberConnect 2021, Palo Alto (United States), Series A	Web3 social network platform	$25M	Sky9 Capital, INCE CAPITAL & 25 others	62/100
5th	EigenLayer 2021, Seattle (United States), Series B	Provider of verifiable cloud computing platform	$241M	Polychain, Andreessen Horowitz & 26 others	62/100
6th	Puffer Finance 2022, United States, Series A	Anti-slashing liquid staking protocol	$24.1M	Binance Labs, Jump Crypto & 32 others	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	Jump Crypto, Sygnum & 2 others	60/100
9th	Symbiotic 2024, Finland, Series A	Platform offering a generalized shared security system for decentralized networks	$34.8M	Pantera Capital, CyberFund & 2 others	59/100
10th	Solv Finance 2021, Beijing (China), Series B	Blockchain-based network for financial institutions	$26M	Laser Digital, Binance & 32 others	57/100
74th	Pell Network 2024, Singapore (Singapore), Seed	Decentralized BTC restaking network	$6.5M	Mirana, Taisu & 10 others	38/100