When was Rails founded?

Rails was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Rails located?

Rails is headquartered in Toronto, Canada.

Who is the current CEO of Rails?

Satraj Bambra of Rails. They have also founded 1 company.

How many employees does Rails have?

As of Aug 31, 2026, the latest employee count at Rails is 19.

Is Rails a funded company?

Rails is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jan 2024.

When was the latest funding round of Rails?

Rails' latest funding was a $***** Series A round on Jan 2024, with participation from 4 investors.

Where does Rails rank among its competitors?

Rails ranks 116th amongst 2060 active competitors, of which 215 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Wealthsimple, which secured $393M in Oct, 2025.

Who are the top competitors of Rails?

Rails' top competitors include Coinbase, Bitso and KuCoin. Among them, Wealthsimple secured the most recent funding round in October, 2025.

Rails - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform for cryptocurrency derivatives trading. It allows users to trade crypto derivatives while maintaining self-custody.

Website: rails.xyz
Social

Key Metrics

Founded Year

2023

Location

Toronto, Canada

Stage

Series A

Total Funding

$6.2M in 1 round

Latest Funding Round

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

Investors

Slow Ventures & 3 more

Ranked

116^th among 2060 active competitors

Employee Count

19 as on Aug 31, 2026

Similar Companies

Coinbase & 4261 more

View Rails' full profile

Rails has raised a total funding of $6.2M over 1 round. Its latest funding round was a Series A round on Jan 2024 for $*****. 4 investors participated in its latest round. Rails has 4 institutional investors.

Here is the list of recent funding rounds of Rails:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 2024	8269101	Series A	6220410	8377835	6427055	2098025

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View details of Rails's funding rounds and investors

The founders of Rails are Rick Marini, Megha Bambra, Satraj Bambra and Brent Vegliacich. Satraj Bambra is the CEO of Rails.

Here are the details of Rails' key team members:

Rick Marini: Co-Founder of Rails.
Contact Info: 1 email address
Megha Bambra: Co-Founder of Rails.
Contact Info: 1 email address
Satraj Bambra: Co-Founder & CEO of Rails.
Contact Info: 1 email address
Brent Vegliacich: Co-Founder of Rails.
Contact Info: 1 email address

View details of Rails's Founder profiles and Board Members

Rails' employee count trend

Rails has 19 employees as of Aug 26. Here is Rails's employee count trend over the years:

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Top competitors of Rails include Coinbase, Bitso and KuCoin. Here is the list of Top 10 competitors of Rails, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coinbase 2012, San Francisco (United States), Public	Online platform for crypto portfolio	$547M	DFJ Growth, MUFG Bank & 148 others	87/100
2nd	Bitso 2014, Mexico City (Mexico), Series C	Online trading and exchange platform for cryptocurrency	$331M	QED Investors, Tiger Global Management & 38 others	83/100
3rd	KuCoin 2017, Mahe (Seychelles), Series A	Cryptocurrency exchange and trading platform	$180M	Jump Crypto, NGC Ventures & 11 others	82/100
4th	CoinList 2017, San Francisco (United States), Series A	App-based trading platform for cryptocurrency	$119M	Accomplice, Polychain & 36 others	80/100
5th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 48 others	78/100
6th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, Meritech & 39 others	77/100
7th	Sygnum 2017, Zurich (Switzerland), Series C	Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets	$218M	SBI Digital Asset Holdings, Fulgur Ventures ... & 13 others	75/100
8th	SwissBorg 2016, Lausanne (Switzerland), Series A	B2B robo advisory and crypto wealth management solution	$27M	Swiss ICT Investor Club, London Real Ventures ... & 1 others	74/100
9th	Voyager 2017, New York City (United States), Public	App-based trading platform for cryptocurrency	-	EDBI, IFC Asset Management Company & 19 others	73/100
10th	AscendEX 2018, Singapore (Singapore), Series B	Online trading and exchange platform for cryptocurrencies	$63M	Hack VC, Polychain & 20 others	73/100
116th	Rails 2023, Toronto (Canada), Series A	Online platform for cryptocurrency derivatives trading	$6.2M	CMCC Global, Slow Ventures & 2 others	44/100