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.

Who is the current CEO of Tangem?

Andrew Pantyukhin of Tangem. They have also founded 1 company.

How many employees does Tangem have?

As of Jan 05, 2026, the latest employee count at Tangem is 114.

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 117 active competitors, of which 18 are funded. It stands 3rd 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 117 active competitors

Employee Count

114 as on Jan 05, 2026

Similar Companies

Ledger & 198 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	3054465	Series A	3088889	9324673	3746940	9061259
Jan 21, 2019	3860034	Series A	8587655	8021201	SBI Group	3191353

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View details of Tangem's funding rounds and investors

The founders of Tangem are Andrew Pantyukhin and Andrey Kurennykh.

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

Andrew Pantyukhin: Co-Founder & CEO of Tangem.
Contact Info: 2 email addresses
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 114 employees as of Jan 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, Molten Ventures & 68 others	83/100
2nd	Coolwallet 2014, Taipei (Taiwan), Series A	Hardware wallet for cryptocurrencies	$13.5M	SBI Group, Kyber Capital & 4 others	67/100
3rd	Tangem 2017, Zug (Switzerland), Series A	Provider of NFC-enabled hardware wallet for cryptocurrency storage	$23M	SBI Group, Shima Capital	66/100
4th	TREZOR 2013, Prague (Czech Republic), Funding Raised	A Bitcoin Hardware Wallet	-	Europa	57/100
5th	CoolBitX 2014, Arcadia (United States), Series B	Blockchain-based hardware for cryptocurrencies	$30.4M	SBI Group, BITMAIN & 7 others	57/100
6th	Ballet 2019, Las Vegas (United States), Series A	Provider of hardware solutions for cryptocurrency wallets	$13M	Draper Dragon, Lightspeed Venture Partners ... & 4 others	50/100
7th	Ryder 2022, Amsterdam (Netherlands), Seed	Digital asset hardware wallet	$4.4M	Oak Grove Ventures, SBX Capital & 9 others	49/100
8th	NGRAVE 2018, Brussels (Belgium), Series A	Hardware wallet solution for cryptocurrencies	$6.49M	Binance Labs, Spark Digital Capital & 11 others	48/100
9th	D’CENT 2019, Seoul (South Korea), Funding Raised	Cryptocurrency wallet solutions	-	-	47/100
10th	Bitfi 2018, Miami (United States), Seed	Hardware wallet for cryptocurrencies	-	Fundamental Labs, IBC Group & 3 others	44/100