When was Polygon founded?

Polygon was founded in 2017 and raised its 1st funding round 4 years 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 Mar 31, 2026, the latest employee count at Polygon is 399.

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 $***** Seed round, raised on May 02, 2021.

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 21 investors.

Where does Polygon rank among its competitors?

Polygon ranks 1st amongst 38 active competitors, of which 11 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Arrel Technology, which secured $150K in Sep, 2025.

Who are the top competitors of Polygon?

Polygon's top competitors include Flashbots, ALMANAK and IBEX. Among them, Arrel Technology secured the most recent funding round in September, 2025.

Polygon - 2026 Company Profile, Team, Funding & Competitors

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 & 63 more

Ranked

1^st among 38 active competitors

Employee Count

399 as on Mar 31, 2026

Investment & Acquisitions

Sequence & 114 more

Similar Companies

Flashbots & 36 more

View Polygon's full profile

Polygon is associated with 2 legal entities 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	-	20 (As on Jun 30, 2022)
Matic Network (bvi) Ltd. CIN: 15547761 , India, Active		-	-

Polygon has raised a total funding of $451M over 4 rounds. Its first funding round was on May 02, 2021. Its latest funding round was a Series B round on Feb 02, 2022 for $*****. 21 investors participated in its latest round. Polygon has 61 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	4607327	Series B	3760406	2600969	5814757	6327708
Jan 2022	2192267	Series A	9070443	7359682	9859307	4110986
May 25, 2021	9873678	Angel	9975657	4470284	9475371	Mark Cuban

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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, Brendan Farmer, Bobbin Threadbare 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 399 employees as of Mar 26. Here is Polygon's employee count trend over the years:

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Top competitors of Polygon include Flashbots, ALMANAK and IBEX. 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 ... & 62 others	80/100
2nd	Flashbots 2020, Cayman Islands, Series B	Blockchain Research & Development Organization	$60M	Paradigm, Blockchain Coinvestors & 11 others	64/100
3rd	ALMANAK 2022, Zurich (Switzerland), Series A	Governance platform for optimizing decentralized finance and gaming projects	$8.45M	HashKey Capital, AppWorks & 7 others	51/100
4th	IBEX 2018, Miami (United States), Seed	Provider of API for building DeFi apps	$4M	Stillmark, Hivemind & 2 others	49/100
5th	Stratumn 2015, Paris (France), Series A	Development platform for blockchain applications	$9.71M	Open CNP, Nasdaq & 4 others	45/100
6th	Acorn Protocol 2019, Funding Raised	Blockchain-based ecosystem for open network collaboration	-	-	42/100
7th	Nexus Mutual 2017, London (United Kingdom), Seed	Blockchain-based P2P insurance platform for individuals	$259K	KR1, Blockchain Coinvestors & 7 others	41/100
8th	Grwth Lbs 2020, Seed	Provider of a self-custodial digital wallet with integrated debit card	$7.1M	Galaxy, Framework Ventures & 4 others	40/100
9th	PAXE 2024, New York (United States), Funding Raised	Provider of a native yield platform for yield opportunities	-	-	33/100
10th	Arrel Technology 2017, Port Louis (Mauritius), Seed	Arrel helps financial institutions launch and manage digital asset products through a unified non-custodial API and SaaS platform	$1.25M	Stellar	33/100

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Polygon has made 110 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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