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.

How many employees does Polygon have?

As of Jun 30, 2026, the latest employee count at Polygon is 390.

Is Polygon a funded company?

Polygon is a funded company, having raised a total of $451M across 4 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.

Where does Polygon rank among its competitors?

Polygon ranks 1st amongst 70 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Paxos, which secured $12M in Dec, 2025.

Who are the top competitors of Polygon?

Polygon's top competitors include Flashbots, Nexus Mutual and ALMANAK. Among them, Paxos secured the most recent funding round in December, 2025.

Polygon - 2026 Company Profile, Team, Funding & Competitors

Polygon is a series B company based in George Town (Cayman Islands), founded in 2017 by Jaynti Kanani, Anurag Arjun, Daniel Lubarov, Mihailo Bjelic, Antoni Martin, Bobbin Threadbare, Brendan Farmer and David Zhou. It operates as a Developer of scalable blockchain interoperability protocols. Polygon has raised $451M in funding from Coinbase and Peak XV Partners, with a current valuation of $*****. The company has 70 active competitors, including 14 funded and 3 that have exited. Its top competitors include companies like Flashbots, Nexus Mutual and ALMANAK.

Company Details

Developer of scalable blockchain interoperability protocols. It offers a suite of solutions, including cross-chain protocols and zero-knowledge (ZK) rollups, designed to enhance the scalability and security of blockchain networks. These protocols enable seamless asset transfer and interaction across different blockchains, improving the overall user experience. The company also provides developer tools and resources to support the creation of decentralized applications (dApps) on its platform. It fosters a vibrant developer community and offers grant programs to encourage innovation within the ecosystem.

Website: polygon.technology
Social
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 4 rounds

Latest Funding Round

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

Post Money Valuation

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

Investors

Coinbase & 66 more

Ranked

1^st among 70 active competitors

Employee Count

390 as on Jun 30, 2026

Investment & Acquisitions

Sequence & 115 more

Similar Companies

Flashbots & 63 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, 2025)	20 (As on Jun 30, 2022)

Polygon has raised a total funding of $451M over 4 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 64 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Polygon:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 02, 2022	6746184	Series B	2435653	7638788	1485142	1245779
May 25, 2021	3551467	Angel	8902350	6077113	6525444	Mark Cuban
May 02, 2021	4716444	Seed	1295907	7579603	Coinbase	4744378

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View details of Polygon's funding rounds and investors

The founders of Polygon are Jaynti Kanani, Anurag Arjun, Daniel Lubarov, Mihailo Bjelic, Antoni Martin, Bobbin Threadbare, Brendan Farmer and David Zhou.

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

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
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 3 startups.
Mihailo Bjelic: Co-Founder of Polygon. They are also an angel investor in 2 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 390 employees as of Jun 26. Here is Polygon's employee count trend over the years:

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Top competitors of Polygon include Flashbots, Nexus Mutual and ALMANAK. 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	Developer of scalable blockchain interoperability protocols	$451M	World Capital Holdings Group, SoftBank Group ... & 65 others	80/100
2nd	Flashbots 2020, Cayman Islands, Series B	Blockchain Research & Development Organization	$60M	Paradigm, Pantera Capital & 11 others	62/100
3rd	Nexus Mutual 2017, London (United Kingdom), Seed	Blockchain-based P2P insurance platform for individuals	$259K	KR1, 1confirmation & 7 others	52/100
4th	ALMANAK 2022, Zurich (Switzerland), Series A	Governance platform for optimizing decentralized finance and gaming projects	$8.45M	AppWorks, Bankless Ventures & 7 others	51/100
5th	IBEX 2018, Miami (United States), Seed	Provider of API for building DeFi apps	$4M	Stillmark, Fulgur Ventures & 2 others	49/100
6th	Instadapp 2018, Hyderabad (India), 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, Cathay Innovation & 4 others	45/100
8th	Paxos 2025, New York (United States), Series B	Developer of infrastructure for stablecoin issuance yield and credit markets	$12M	Blockchain Capital, Robvc & 2 others	44/100
9th	Acorn Protocol 2019, Funding Raised	Blockchain-based ecosystem for open network collaboration	-	-	42/100
10th	Grwth Lbs 2020, Seed	Provider of a self-custodial digital wallet with integrated debit card	$7.1M	Galaxy, Framework Ventures & 4 others	40/100

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Polygon has made 111 investments in companies including Pheasant Network and Fanable. Polygon has also acquired 5 companies including Sequence and Coinme.

Here is the list of investments & acquisitions:

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