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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.
Social
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Email ID
*****@thebinaryholdings.com
Key Metrics
Founded Year
2023
Location
Stage
Series A
Total Funding
$13M in 3 rounds
Latest Funding Round
Ranked
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
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The Binary Holdings' founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for The Binary Holdings
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zapper
Zapper
2020, Wilmington (United States), Series A
Provider of blockchain explorer
$15M
65/100
2nd
Logo for SFO Technologies
SFO Technologies
1990, Kochi (India), Late Stage
Provider of ODM Plus solutions
$120M
64/100
3rd
Logo for Etherscan
Etherscan
2015, Kuala Lumpur (Malaysia), Seed
Ethereum Blockchain Explorer
-
58/100
4th
Logo for Olas
Olas
2022, Einsiedeln (Switzerland), Series A
Operator of a network for co-owning and monetizing AI agents
$13.8M
56/100
5th
Logo for ChromaWay
ChromaWay
2014, Stockholm (Sweden), Series A
Developer of blockchain platform integrating relational databases for decentralized applications
$10.1M
51/100
6th
Logo for BIPROGY
BIPROGY
1958, Koto (Japan), Public
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
Logo for Azilen
Azilen
2008, Ahmedabad (India), Unfunded
Enterprise Software & Application Development Company
-
-
51/100
8th
Logo for Hut 8
Hut 8
2017, Toronto (Canada), Public
Provider of computing infrastructure and technology solutions
-
49/100
9th
Provider of a Web3 distribution infrastructure for telecommunications companies.
$13M
48/100
10th
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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