When was Switchboard founded?

Switchboard was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Switchboard located?

Switchboard is headquartered in Tallahassee, United States.

How many employees does Switchboard have?

As of Jul 01, 2024, the latest employee count at Switchboard is 5.

Is Switchboard a funded company?

Switchboard is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 17, 2021.

When was the latest funding round of Switchboard?

Switchboard's latest funding was a $***** Series A round on May 28, 2024, with participation from 6 investors.

Where does Switchboard rank among its competitors?

Switchboard ranks 1st amongst 5 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Switchboard, which secured $7.5M in May, 2024.

Who are the top competitors of Switchboard?

Switchboard's top competitors include Hubble Protocol, Socean.fi and Firefly. Among them, Switchboard secured the most recent funding round in May, 2024.

Switchboard - 2026 Company Profile, Funding & Competitors

Company Details

Decentralized Oracle network for Solana. It allows builders to unlock the power of Solana by creating data feeds from any API. It also allows developers to publish any form of data on-chain.

Website: switchboard.xyz
Social
Email ID: *****@switchboard.xyz

Key Metrics

Founded Year

2020

Location

Tallahassee, United States

Stage

Series A

Total Funding

$11M in 2 rounds

Latest Funding Round

Series A, May 28, 2024, $*****

Investors

Lemniscap & 17 more

Ranked

1^st among 5 active competitors

Employee Count

5 as on Jul 01, 2024

Investment & Acquisitions

Tsunami

Similar Companies

Hubble Protocol & 3 more

View Switchboard's full profile

Switchboard has raised a total funding of $11M over 2 rounds. Its first funding round was on Jun 17, 2021. Its latest funding round was a Series A round on May 28, 2024 for $*****. 6 investors participated in its latest round. Switchboard has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Switchboard:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 28, 2024	7331832	Series A	8447966	7179381	4768587	9656123
Jun 17, 2021	1601246	Seed	1559544	5487975	Lemniscap	CMS Holdings & 9 more

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View details of Switchboard's funding rounds and investors

Switchboard's employee count trend

Switchboard has 5 employees as of Jul 24. Here is Switchboard's employee count trend over the years:

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Top competitors of Switchboard include Hubble Protocol, Socean.fi and Firefly. Here is the list of Top 10 competitors of Switchboard, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Switchboard 2020, Tallahassee (United States), Series A	Decentralized Oracle network for Solana	$11M	CMS Holdings, RockawayX & 16 others	48/100
2nd	Hubble Protocol 2021, London (United Kingdom), Series A	Blockchain-based fee-sharing decentralized finance protocol built on Solana	$18.6M	Three Arrows Capital, Multicoin Capital & 22 others	42/100
3rd	Socean.fi 2021, Solana Beach (United States), Funding Raised	Blockchain-based network for algorithmic stake pool on Solana	-	Infinite Capital, DeFiance Capital & 1 others	29/100
4th	Firefly 2019, Champaign (United States), Unfunded	Platform helping Ethereum smart contract developers write codes by testing coverage & checking properties	-	-	16/100
5th	Maru 2022, Funding Raised	Provider of infrastructure for integrating zero-knowledge technology into blockchain networks	-	Beacon	15/100