When was Polar founded?

Polar was founded in 2022 and raised its 1st funding round 3 years after it was founded.

Where is Polar located?

Polar is headquartered in San Francisco, United States.

How many employees does Polar have?

As of Sep 30, 2026, the latest employee count at Polar is 41.

Is Polar a funded company?

Polar is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 18, 2025.

When was the latest funding round of Polar?

Polar's latest funding was a $***** Seed round on Jun 18, 2025, with participation from 12 investors.

Where does Polar rank among its competitors?

Polar ranks 385th amongst 6293 active competitors, of which 533 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Polar?

Polar's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Polar - 2026 Company Profile, Funding & Competitors

Company Details

Payment infrastructure for the 21st century

Key Metrics

Founded Year

2022

Location

San Francisco, United States

Stage

Seed

Total Funding

$10M in 1 round

Latest Funding Round

Seed, Jun 18, 2025, $*****

Investors

Accel & 14 more

Ranked

385^th among 6293 active competitors

Employee Count

41 as on Sep 30, 2026

Similar Companies

PayPal & 3756 more

View Polar's full profile

Polar has raised a total funding of $10M over 1 round. Its latest funding round was a Seed round on Jun 18, 2025 for $*****. 12 investors participated in its latest round. Polar has 1 institutional investor and 14 angel investors.

Here is the list of recent funding rounds of Polar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 18, 2025	5396321	Seed	7553542	1027659	4786360	5146259

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View details of Polar's funding rounds and investors

Polar's employee count trend

Polar has 41 employees as of Sep 26. Here is Polar's employee count trend over the years:

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Top competitors of Polar include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Polar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	85/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments	$742M	Peak XV Partners, GIC & 36 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 16 others	82/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 187 others	80/100
9th	GoCardless 2011, London (United Kingdom), Acquired	Provider of automated bank payment collection and recurring billing services	$540M	Adams Street Partners, Permira & 26 others	80/100
10th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
385th	Polar 2022, San Francisco (United States), Seed	Polar — Payment infrastructure for the 21st century \| Polar	$10M	Accel & 14 others	45/100