When was Superstate founded?

Superstate was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Superstate located?

Superstate is headquartered in San Francisco, United States.

Who is the current CEO of Superstate?

Robert Leshner of Superstate. They have also founded 1 company.

How many employees does Superstate have?

As of May 31, 2026, the latest employee count at Superstate is 34.

Is Superstate a funded company?

Superstate is a funded company, having raised a total of $101M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 2023.

When was the latest funding round of Superstate?

Superstate's latest funding was a $***** Series B round on Apr 13, 2026, with participation from 1 investor.

Where does Superstate rank among its competitors?

Superstate ranks 1st amongst 24 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Superstate, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Superstate?

Superstate's top competitors include Block Street, Liquid Network and SecondSwap. Among them, Superstate secured the most recent funding round in April, 2026.

Superstate - 2026 Company Profile, Team, Funding & Competitors

Superstate is a series B company based in San Francisco (United States), founded in 2023 by Dean Swennumson, Jim Hiltner and Robert Leshner. It operates as a Provider of tokenization services for financial assets and investment products. Superstate has raised $101M in funding from Distributedglobal and Bain Capital Crypto. The company has 24 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Block Street, Liquid Network and SecondSwap.

Company Details

Provider of tokenization services for financial assets and investment products. The company connects assets with crypto capital markets through onchain public listings. It offers tokenized funds and tokenized shares of public companies. The company's platform facilitates compliant onchain equity listings and direct issuance programs.

Website: superstate.com
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Key Metrics

Founded Year

2023

Location

San Francisco, United States

Stage

Series B

Total Funding

$101M in 4 rounds

Latest Funding Round

Series B, Apr 13, 2026, $*****

Investors

Distributedglobal & 22 more

Ranked

1^st among 24 active competitors

Employee Count

34 as on May 31, 2026

Similar Companies

Block Street & 26 more

View Superstate's full profile

Superstate has raised a total funding of $101M over 4 rounds. Its first funding round was on Jun 2023. Its latest funding round was a Series B round on Apr 13, 2026 for $*****. 1 investor participated in its latest round. Superstate has 23 institutional investors.

Here is the list of recent funding rounds of Superstate:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 13, 2026	8738432	Series B	2063285	7430099	3183377	2441856
Jan 09, 2026	6634756	Series B	8830716	6662036	5556377	Brevan Howard & 10 more
Sep 12, 2023	4042692	Series A	7999172	4443727	2259822	Distributedglobal & 10 more

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View details of Superstate's funding rounds and investors

The founders of Superstate are Dean Swennumson, Jim Hiltner and Robert Leshner. Robert Leshner is the CEO of Superstate.

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

Dean Swennumson: Co-Founder & Head of Operations of Superstate and founder of 1 other company.
Jim Hiltner: Co-Founder & Head of Business Development of Superstate.
Robert Leshner: Co-Founder & CEO of Superstate.

View details of Superstate's Founder profiles and Board Members

Superstate's employee count trend

Superstate has 34 employees as of May 26. Here is Superstate's employee count trend over the years:

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Top competitors of Superstate include Block Street, Liquid Network and SecondSwap. Here is the list of Top 10 competitors of Superstate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Superstate 2023, San Francisco (United States), Series B	Provider of tokenization services for financial assets and investment products	$101M	Breyer Capital, Hack VC & 21 others	44/100
2nd	Block Street 2024, San Francisco (United States), Series B	Operator of a blockchain-based financial infrastructure company trading tokenized equities	$11.5M	Hack VC, bridge34.com & 3 others	42/100
3rd	Liquid Network 1995, Victoria (Canada), Unfunded	Platform enabling settlement and issuance of digital assets such as stablecoins and security tokens	-	-	39/100
4th	SecondSwap 2024, Singapore (Singapore), Seed	Decentralized marketplace that enables the trading of locked tokens, providing liquidity and price discovery for illiquid assets	$1.2M	Nonco, HGEN DAO & 7 others	38/100
5th	SustainAble Exchange 2024, New York City (United States), Seed	Cloud-based token exchange platform	$2M	-	35/100
6th	Fraction 0x 2017, Delhi (India), Deadpooled	Provider of blockchain-based solutions for business and operations management	-	-	28/100
7th	Spout Finance 2025, New York City (United States), Unfunded	Operator of a platform for trading and managing tokenized TradFi assets	-	-	27/100
8th	Ravencoin 2018, Salt Lake City (United States), Funding Raised	Decentralized P2P transaction network	-	Marshmallow Cash, Digital Asset Capital Management	27/100
9th	Marsbase 2021, Dubai (United Arab Emirates), Seed	Provider of a platform for tokenizing and trading illiquid assets	$2.1M	Moonhill Capital, CoinTelegraph & 6 others	26/100
10th	Myntexchange 2020, Reykjavik (Iceland), Unfunded	Online platform offering cryptocurrency securities exchange	-	-	25/100