When was Polygon founded?

Polygon was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Polygon located?

Polygon is headquartered in George Town, Cayman Islands. It is registered at 175, KAGALWALA HOUSE, 2nd Floor, Vidyanagri Marg Kalina, Santacruz (East), Mumbai City, Mumbai, Maharashtra, India, 400098.

Who is the current CEO of Polygon?

Sandeep Nailwal of Polygon. They have also founded 2 companies.

How many employees does Polygon have?

As of Sep 30, 2026, the latest employee count at Polygon is 346.

Is Polygon a funded company?

Polygon is a funded company, having raised a total of $451M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on 2018.

How much is Polygon worth?

The latest valuation of Polygon is $***** as of Feb 02, 2022.

When was the latest funding round of Polygon?

Polygon's latest funding was a $***** Series B round on Feb 02, 2022, with participation from 22 investors. Its primary sector is Blockchain Infrastructure. In Cayman Islands, the Blockchain Infrastructure sector has seen $13.5M in funding in 2026 to date.

Where does Polygon rank among its competitors?

Polygon ranks 1st amongst 196 active competitors, of which 19 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Paxos, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Polygon?

Polygon's top competitors include ALMANAK, Nexus Mutual and Paxos. Among them, Paxos secured the most recent funding round in January, 2026.

Polygon - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a programmable stablecoin payment infrastructure for global money movement. The platform offers a comprehensive stack for businesses to accept deposits, convert currencies, and disburse funds across borders. It provides tools for payment orchestration, virtual account management, and onchain settlement, enabling automated and efficient financial operations. The infrastructure supports various payment flows, including cross-border transfers, treasury management, and stablecoin commerce, allowing organizations to integrate payment capabilities into their existing systems through a single interface.

Website: polygon.technology
Social
Email ID: *****@polygon.technology
Registered Address: 175, KAGALWALA HOUSE, 2nd Floor, Vidyanagri Marg Kalina, Santacruz (East), Mumbai City, Mumbai, Maharashtra, India, 400098

Key Metrics

Founded Year

2017

Location

George Town, Cayman Islands

Stage

Series B

Total Funding

$451M in 5 rounds

Latest Funding Round

Series B, Feb 02, 2022, $*****

Post Money Valuation

$***** as on Feb 02, 2022

Investors

Coinbase & 67 more

Ranked

1^st among 196 active competitors

Employee Count

346 as on Sep 30, 2026

Investment & Acquisitions

OptimizeGEO & 118 more

Similar Companies

Nexus Mutual & 181 more

View Polygon's full profile

Polygon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Matic-network India Llp CIN: AAM-7783 , India, Active	Jun 05, 2018	0 - ₹10 Cr (As on Mar 31, 2026)	20 (As on Jun 30, 2022)

Polygon has raised a total funding of $451M over 5 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Feb 02, 2022 for $*****. 22 investors participated in its latest round. Polygon has 65 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Polygon:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 02, 2022	5267827	Series B	4900542	1957337	6130008	4879083
May 25, 2021	9989847	Angel	8043463	5462911	5793334	Mark Cuban
Apr 30, 2019	4523679	Seed	9154625	4778916	Coinbase	8565063

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View details of Polygon's funding rounds and investors

The founders of Polygon are Anurag Arjun, Daniel Lubarov, Mihailo Bjelic, Jaynti Kanani, Antoni Martin, Bobbin Threadbare, Brendan Farmer, David Zhou, Sandeep Nailwal and Jordi Baylina. Sandeep Nailwal is the CEO of Polygon.

Here are the details of Polygon's key team members:

Anurag Arjun: Former Co-Founder of Polygon. They are also an angel investor in 5 startups.
Contact Info: 1 email address
Daniel Lubarov: Co-Founder of Polygon. They are also an angel investor in 4 startups.
Mihailo Bjelic: Co-Founder of Polygon. They are also an angel investor in 2 startups.
Contact Info: 2 email addresses
Jaynti Kanani: Former Co-Founder of Polygon and founder of 1 other company. They are also an angel investor in 19 startups.
Contact Info: 1 email address
Antoni Martin: Former Co-Founder of Polygon and founder of 1 other company.

View details of Polygon's Founder profiles and Board Members

Polygon's employee count trend

Polygon has 346 employees as of Sep 26. Here is Polygon's employee count trend over the years:

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Top competitors of Polygon include ALMANAK, Nexus Mutual and Paxos. Here is the list of Top 10 competitors of Polygon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Polygon 2017, George Town (Cayman Islands), Series B	Provider of a programmable stablecoin payment infrastructure for global money movement	$451M	World Capital Holdings Group, Steadview & 66 others	73/100
2nd	ALMANAK 2022, Zurich (Switzerland), Series A	Governance platform for optimizing decentralized finance and gaming projects	$8.45M	AppWorks, HashKey Capital & 7 others	54/100
3rd	Nexus Mutual 2017, London (United Kingdom), Seed	Blockchain-based P2P insurance platform for individuals	$259K	KR1, 1confirmation & 7 others	53/100
4th	Paxos 2025, New York (United States), Seed	Developer of infrastructure for stablecoin issuance yield and credit markets	$12M	Blockchain Capital, Cathay Innovation & 3 others	52/100
5th	Flashbots 2020, Cayman Islands, Series B	Blockchain Research & Development Organization	$60M	Paradigm, Blockchain Coinvestors & 11 others	49/100
6th	Instadapp 2018, Lewes (United States), Series A	Developer of decentralized finance protocols and smart contract wallet infrastructure	$12.4M	Standard Crypto, Pantera Capital & 14 others	45/100
7th	Stratumn 2015, Paris (France), Series A	Development platform for blockchain applications	$9.71M	Open CNP, Nasdaq & 4 others	44/100
8th	Acorn Protocol 2019, Funding Raised	Blockchain-based ecosystem for open network collaboration	-	-	42/100
9th	Grwth Lbs 2020, Seed	Provider of a self-custodial digital wallet with integrated debit card	$7.1M	Galaxy, Framework Ventures & 4 others	40/100
10th	Vault United States, Public	Developer of artificial intelligence blockchain and financial technology software products	-	-	39/100

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Polygon has made 114 investments in companies including OptimizeGEO and Credible Finance. Polygon has also acquired 5 companies including Sequence and Coinme.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 12, 2026	Investments	OptimizeGEO	2025	Los Altos (United States)
Oct 08, 2026	Investments	Credible Finance		-
Sep 30, 2026	Investments	Walapay	2022	New York City (United States)