When was Tangem founded?

Tangem was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Tangem located?

Tangem is headquartered in Zug, Switzerland.

How many employees does Tangem have?

As of Jul 31, 2026, the latest employee count at Tangem is 176.

Is Tangem a funded company?

Tangem is a funded company, having raised a total of $23M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 21, 2019.

When was the latest funding round of Tangem?

Tangem's latest funding was a $***** Series A round on May 02, 2023, with participation from 2 investors.

Where does Tangem rank among its competitors?

Tangem ranks 3rd amongst 129 active competitors, of which 17 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Ryder, which secured $3.2M in Oct, 2025.

Who are the top competitors of Tangem?

Tangem's top competitors include Ledger, Coolwallet and TREZOR. Among them, Ryder secured the most recent funding round in October, 2025.

Tangem - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of NFC-enabled hardware wallet for cryptocurrency storage. It provides users with hardware solutions for cryptocurrency cold storage. It also offers cryptocurrency storage with high-grade EAL6+ protection. It also enables off-chain NFC-enabled transactions.

Website: tangem.com/en/
Social
Email ID: *****@tangem.com

Key Metrics

Founded Year

2017

Location

Zug, Switzerland

Stage

Series A

Total Funding

$23M in 2 rounds

Latest Funding Round

Series A, May 02, 2023, $*****

Investors

SBI Group & 1 more

Ranked

3^rd among 129 active competitors

Employee Count

176 as on Jul 31, 2026

Similar Companies

Ledger & 210 more

View Tangem's full profile

Tangem has raised a total funding of $23M over 2 rounds. Its first funding round was on Jan 21, 2019. Its latest funding round was a Series A round on May 02, 2023 for $*****. 2 investors participated in its latest round. Tangem has 2 institutional investors.

Here is the list of recent funding rounds of Tangem:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 02, 2023	4816363	Series A	6679225	2009257	7470047	4340594
Jan 21, 2019	7585051	Series A	6336617	6765563	SBI Group	7242190

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View details of Tangem's funding rounds and investors

The founders of Tangem is Andrey Kurennykh.

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

Andrey Kurennykh: Co-Founder & CTO of Tangem.
Contact Info: 2 email addresses

View details of Tangem's Founder profiles and Board Members

Tangem's employee count trend

Tangem has 176 employees as of Jul 26. Here is Tangem's employee count trend over the years:

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Top competitors of Tangem include Ledger, Coolwallet and TREZOR. Here is the list of Top 10 competitors of Tangem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ledger 2014, Paris (France), Series C	Blockchain based hardware wallet for cryptocurrency	$575M	10T, Samsung & 70 others	82/100
2nd	Coolwallet 2014, Taipei (Taiwan), Series A	Hardware wallet for cryptocurrencies	$13.5M	SBI Group, Kyber Capital & 4 others	66/100
3rd	Tangem 2017, Zug (Switzerland), Series A	Provider of NFC-enabled hardware wallet for cryptocurrency storage	$23M	SBI Group, Shima Capital	65/100
4th	TREZOR 2013, Prague (Czech Republic), Funding Raised	A Bitcoin Hardware Wallet	-	Europa	61/100
5th	NGRAVE 2018, Brussels (Belgium), Series A	Hardware wallet solution for cryptocurrencies	$6.49M	Binance Labs, Moonrockcapital & 12 others	53/100
6th	Ballet 2019, Las Vegas (United States), Series A	Provider of hardware solutions for cryptocurrency wallets	$13M	Lightspeed Venture Partners, Draper Dragon ... & 4 others	51/100
7th	Ryder 2022, Amsterdam (Netherlands), Seed	Digital asset hardware wallet	$4.4M	Oak Grove Ventures, SBX Capital & 9 others	51/100
8th	SatoshiLabs 2013, Prague (Czech Republic), Unfunded	Cryptocurrency hardware wallet	-	-	49/100
9th	Bitfi 2018, Miami (United States), Seed	Hardware wallet for cryptocurrencies	-	Fundamental Labs, IBC Group & 3 others	48/100
10th	Chelpis 2017, Taipei (Taiwan), Seed	Developer of hardware-based cryptocurrency wallets	$2M	Orange Fab Asia, National Development Council	46/100