When was Polymer founded?

Polymer was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Polymer located?

Polymer is headquartered in United States.

How many employees does Polymer have?

As of Sep 30, 2026, the latest employee count at Polymer is 25.

Is Polymer a funded company?

Polymer is a funded company, having raised a total of $26.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 02, 2022.

When was the latest funding round of Polymer?

Polymer's latest funding was a $***** Series A round on Jan 23, 2024, with participation from 9 investors. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.5B in funding in 2026 to date.

Where does Polymer rank among its competitors?

Polymer ranks 11th amongst 288 active competitors, of which 62 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Squid, which secured $6M in May, 2026.

Who are the top competitors of Polymer?

Polymer's top competitors include Espresso Systems, UXUY Protocol and LI.FI. Among them, Squid secured the most recent funding round in May, 2026.

Polymer - 2026 Company Profile, Team, Funding & Competitors

Company Details

IBC infrastructure for cross-chain communications. Features multi-cluster networking protocol for providing e2e IBC connectivity across ecosystems and towards IBC roadmap and development.

Website: polymerlabs.org
Social
Email ID: *****@polymerlabs.org

Key Metrics

Founded Year

2021

Location

United States

Stage

Series A

Total Funding

$26.6M in 2 rounds

Latest Funding Round

Series A, Jan 23, 2024, $*****

Investors

Distributedglobal & 13 more

Ranked

11^th among 288 active competitors

Employee Count

25 as on Sep 30, 2026

Similar Companies

Espresso Systems & 269 more

View Polymer's full profile

Polymer has raised a total funding of $26.6M over 2 rounds. Its first funding round was on Mar 02, 2022. Its latest funding round was a Series A round on Jan 23, 2024 for $*****. 9 investors participated in its latest round. Polymer has 14 institutional investors.

Here is the list of recent funding rounds of Polymer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 23, 2024	8642538	Series A	6359024	6857212	2362582	9745925
Mar 02, 2022	1964642	Seed	1933074	7011954	Distributedglobal & 1 more	Digital Currency Group & 4 more

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View details of Polymer's funding rounds and investors

The founders of Polymer is Bo Du.

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

Bo Du: Co-Founder of Polymer. They are also an angel investor in 2 startups.
Contact Info: 1 email address

View details of Polymer's Founder profiles and Board Members

Polymer's employee count trend

Polymer has 25 employees as of Sep 26. Here is Polymer's employee count trend over the years:

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Top competitors of Polymer include Espresso Systems, UXUY Protocol and LI.FI. Here is the list of Top 10 competitors of Polymer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Espresso Systems 2022, Stanford (United States), Series B	Developer of blockchain infrastructure for decentralized applications and shared sequencers	$60M	Electric Capital, Greylock Partners & 17 others	64/100
2nd	UXUY Protocol 2022, Singapore (Singapore), Seed	Developer of an online cross-chain liquidity aggregation protocol across multiple blockchains	$10.2M	Pionex US, Bixin Ventures & 23 others	61/100
3rd	LI.FI 2021, Berlin (Germany), Series A	Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging	$52M	CoinFund, 1kx & 21 others	60/100
4th	Quant 2016, London (United Kingdom), Seed	Blockchain-based infrastructure platform for cross-ledger app development	-	Alpha Sigma Capital, Tech Nation & 13 others	59/100
5th	Router Protocol 2021, Singapore (Singapore), Series A	Cross-chain infrastructure for asset-level data transfer	$4.1M	BISON Children’s Scholarship Fund, RAVEN ... & 20 others	58/100
6th	MathWallet 2018, Singapore (Singapore), Series B	Cross-chain wallet for digital assets	$19.8M	Binance Labs, Fundamental Labs & 6 others	55/100
7th	Astar Network 2019, Singapore (Singapore), Series C	Cloud-based smart contract platform offering blockchain network for virtualization solutions	$34.4M	GSR, Alameda Research & 26 others	55/100
8th	Squid 2023, Switzerland, Series B	Cross-chain swap and liquidity routing protocol	$13.5M	North Island Ventures, Polychain & 23 others	55/100
9th	Allbridge 2021, Kyiv (Ukraine), Seed	Blockchain-based platform for transferring digital assets	$2M	Race Capital, Spark & 1 others	54/100
10th	Lagrange 2022, San Francisco (United States), Seed	Cross-chain infrastructure for the creation of generalized state proofs across all blockchains	$17.2M	Founders Fund, 1kx & 8 others	54/100
11th	Polymer 2021, United States, Series A	IBC infrastructure for cross-chain communications	$26.6M	Digital Currency Group, Wintermute & 12 others	51/100