Pharos - About the company
Pharos is a series A company based in Road Town (British Virgin Islands), founded in 2024. It operates as a Developer of a layer-1 blockchain for real-time, compliant, open finance. Pharos has raised $44M in funding. The company has 245 active competitors, including 74 funded and 8 that have exited. Its top competitors include companies like Brahma, Pi Network and Bloxroute.
Company Details
Developer of a layer-1 blockchain for real-time, compliant, open finance. The blockchain combines modular architecture, parallel execution, and dual virtual machines. It delivers sub-second finality and high transaction throughput. The blockchain incorporates compliance-ready modules while aiming to preserve openness. It facilitates tokenized assets, instant payments, and compliant finance.
- Website
- www.pharos.xyz/
Key Metrics
Founded Year
2024
Location
Road Town, British Virgin Islands
Stage
Series A
Total Funding
$44M in 2 rounds
Latest Funding Round
Ranked
21st among 245 active competitors
Employee Count
20 as on Mar 31, 2026
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Pharos's funding and investors
Pharos has raised a total funding of $44M over 2 rounds. Its first funding round was on Mar 14, 2026. Its latest funding round was a Series A round on Apr 08, 2026 for $*****. 4 investors participated in its latest round. Pharos has 5 institutional investors.
Here is the list of recent funding rounds of Pharos:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2026 | 6454011 | Series A | 8674537 | 4194627 | 4820480 | 7649989 |
Mar 14, 2026 | 2137004 | Seed | 5548177 | 1307476 | 5115705 | 5852336 |
View details of Pharos's funding rounds and investors
Pharos' founders and board of directors
Founder? Claim ProfilePharos' employee count trend
Pharos has 20 employees as of Mar 26. Here is Pharos's employee count trend over the years:
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Pharos's Competitors and alternates
Top competitors of Pharos include Brahma, Pi Network and Bloxroute. Here is the list of Top 10 competitors of Pharos, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockchain-based network for Defi applications in the finance industry | $6.71M | 71/100 | ||
2nd | Pi Network 2019, Palo Alto (United States), Seed | Provider of blockchain-based platform offering to mine coins | - | 67/100 | |
3rd | Bloxroute 2017, Evanston (United States), Acquired | Provider of real-time data and transaction propagation for blockchain networks | $89.6M | 66/100 | |
4th | Sei 2021, San Francisco (United States), Series B | Online platform offering blockchain infrastructure solutions | $35M | 61/100 | |
5th | Blockchain-based platform offering tokenizes enterprise-grade GPUs | $15M | 61/100 | ||
6th | Berachain 2022, George Town (Cayman Islands), Series B | Provider of EVM-compatible blockchain built on Proof-of-Liquidity consensus | $142M | 60/100 | |
7th | Veda Tech 2024, New York City (United States), Series B | Provider of vault infrastructure platform for institutions to manage onchain financial products | $18M | 60/100 | |
8th | Radix 2016, Channel Islands, Series A | Blockchain platform featuring a range of DeFi applications | $14.1M | 58/100 | |
9th | Platform offering online banking solutions | $3M | 57/100 | ||
10th | Lightspark 2022, Los Angeles (United States), Seed | Platform created to explore, build and extend the capabilities and utility of Bitcoin | - | 56/100 | |
21st | Pharos 2024, Road Town (British Virgin Islands), Series A | Developer of a layer-1 blockchain for real-time, compliant, open finance | $44M | 48/100 |
Looking for more details on Pharos's competitors? Click here to see the top ones
Pharos's Investments and acquisitions
Pharos has made no investments or acquisitions yet.
Reports related to Pharos
Here is the latest report on Pharos's sector:
News related to Pharos
Media has covered Pharos for a total of 10 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Pharos (PROS) Debuts on Upbit and Bithumb With Strong Early DemandThe Crypto Times•May 08, 2026•Pharos
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Pharos Network Raises $44M Series A to Scale the Onchain EconomyCrypto Economy•Apr 08, 2026•Sumitomo, SNZ, Chainlink, Pharos and 2 others
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Pharos Secures Strategic Investment from GCL New Energy at Nearly $1 Billion ValuationBusiness Insider•Mar 15, 2026•GCL System Integration Technology, Pharos
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Anchorage Digital Provides Infrastructure for Pharos Network’s Token Generation EventCrowdfund Insider•Mar 12, 2026•Anchorage Digital, Pharos
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Pharos Completes SOC 2® Examination, Demonstrating Commitment to Data Security and ComplianceBusiness Wire•Nov 04, 2025•Pharos
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