The Binary Holdings - About the company
The Binary Holdings is a series A company based in Dubai (United Arab Emirates), founded in 2023 by Manit Parikh. It operates as a Provider of a Web3 distribution infrastructure for telecommunications companies.. The Binary Holdings has raised $13M in funding. The company has 2215 active competitors, including 90 funded and 38 that have exited. Its top competitors include companies like Zapper, SFO Technologies and Etherscan.
Company Details
Provider of a Web3 distribution infrastructure for telecommunications companies. It offers a platform that allows dApps to integrate and distribute to a large user base within telecommunications ecosystems. The platform enables incentivized engagement through a token system, facilitating transactions on native chains. It also provides advertising solutions and supports game distribution, offering tools for analysis and monetization. The infrastructure is built on a scalable network, secured by Ethereum, and compatible with EVM.
- Website
- www.thebinaryholdings.com/
- Email ID
- *****@thebinaryholdings.com
Key Metrics
Founded Year
2023
Location
Dubai, United Arab Emirates
Stage
Series A
Total Funding
$13M in 3 rounds
Latest Funding Round
Investors
Ranked
9th among 2215 active competitors
Employee Count
48 as on May 31, 2026
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The Binary Holdings's funding and investors
The Binary Holdings has raised a total funding of $13M over 3 rounds. Its first funding round was on Apr 27, 2024. Its latest funding round was a Series A round on Dec 04, 2024 for $*****. 1 investor participated in its latest round. The Binary Holdings has 8 institutional investors.
Here is the list of recent funding rounds of The Binary Holdings:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 04, 2024 | 5814480 | Series A | 4580514 | 7498926 | 1322811 | 7238885 |
Apr 28, 2024 | 3064591 | Series A | 7312583 | 3983913 | 6131622 | |
Apr 27, 2024 | 1206108 | ICO | 1301145 | 5081158 | 3017413 | 7510792 |
View details of The Binary Holdings's funding rounds and investors
The Binary Holdings' founders and board of directors
Founder? Claim ProfileThe founders of The Binary Holdings is Manit Parikh. Manit Parikh is the CEO of The Binary Holdings.
Here are the details of The Binary Holdings' key team members:
- Manit Parikh: Founder & CEO of The Binary Holdings and founder of 2 other companies, Fando and WTFSports. They serve on the board of 1 company.Contact Info: 3 email addresses
View details of The Binary Holdings's Founder profiles and Board Members
The Binary Holdings' employee count trend
The Binary Holdings has 48 employees as of May 26. Here is The Binary Holdings's employee count trend over the years:
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The Binary Holdings's Competitors and alternates
Top competitors of The Binary Holdings include Zapper, SFO Technologies and Etherscan. Here is the list of Top 10 competitors of The Binary Holdings, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zapper 2020, Wilmington (United States), Series A | Provider of blockchain explorer | $15M | 65/100 | |
2nd | SFO Technologies 1990, Kochi (India), Late Stage | Provider of ODM Plus solutions | $120M | 64/100 | |
3rd | Ethereum Blockchain Explorer | - | 58/100 | ||
4th | Olas 2022, Einsiedeln (Switzerland), Series A | Operator of a network for co-owning and monetizing AI agents | $13.8M | 56/100 | |
5th | Developer of blockchain platform integrating relational databases for decentralized applications | $10.1M | 51/100 | ||
6th | Provider of IT solutions and outsourcing services. This company offers a wide array of services, including digital transformation (DX) solutions, security services, and carbon-neutral initiatives. They develop and deliver products and services to support clients' needs. The company also engages in research and development activities, focusing on technological advancements. They provide support and services to ensure client satisfaction. Their offerings are complemented by various events and seminars. | - | - | 51/100 | |
7th | Enterprise Software & Application Development Company | - | - | 51/100 | |
8th | Provider of computing infrastructure and technology solutions | - | 49/100 | ||
9th | The Binary Holdings 2023, Dubai (United Arab Emirates), Series A | Provider of a Web3 distribution infrastructure for telecommunications companies. | $13M | 48/100 | |
10th | Arkham Intelligence 2020, Albany (United States), Seed | Platform that offers a blockchain engine for tracking crypto activities | - | 48/100 |
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The Binary Holdings's Investments and acquisitions
The Binary Holdings has made no investments or acquisitions yet.
Reports related to The Binary Holdings
Here is the latest report on The Binary Holdings's geography:
News related to The Binary Holdings
Media has covered The Binary Holdings for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Globe Partners with TBH to Offer Digital Credits for App ActivitiesGlobal Fintech Series•Dec 11, 2025•The Binary Holdings, Globe Telecom
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UAE-Based The Binary Holdings Secures $5 Million From ABO DigitalCairoScene•Dec 04, 2024•The Binary Holdings, ABO Digital
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The Binary Holdings partners with Zeeve to launch layer-2 chainBusiness Line•May 11, 2024•The Binary Holdings, Zeeve
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The Binary Holdings Secures an $8M Strategic Investment, Positioned for Unprecedented GrowthBitcoin Ethereum News•Apr 28, 2024•The Binary Holdings, Luna Capital, Roundtable, Strauss Capital and 15 others
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