When was THORChain founded?

THORChain was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is THORChain located?

THORChain is headquartered in Switzerland.

How many employees does THORChain have?

As of Jun 30, 2026, the latest employee count at THORChain is 13.

Is THORChain a funded company?

THORChain is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on Jul 21, 2019.

When was the latest funding round of THORChain?

THORChain's latest funding was a $***** ICO round on Jul 21, 2019, with participation from 0 investor.

Where does THORChain rank among its competitors?

THORChain ranks 112th amongst 1338 active competitors, of which 300 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Celestia, which secured $100M in Sep, 2024.

Who are the top competitors of THORChain?

THORChain's top competitors include Mysten Labs, Aptos and Solana. Among them, Celestia secured the most recent funding round in September, 2024.

THORChain - 2026 Company Profile, Funding & Competitors

THORChain is a funded company based in Switzerland, founded in 2012. It operates as a Decentralized liquidity protocol & network. THORChain has raised an undisclosed amount in funding. The company has 1338 active competitors, including 300 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

Decentralized liquidity protocol & network. It enables the depositing of digital assets into liquidity pools in order to earn yield. Users can swap and pool on Thorchain using community-maintained web and desktop interfaces. It forecasts marketing outcomes for value locked in Thorchain.

Website: thorchain.org
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Key Metrics

Founded Year

2012

Location

Switzerland

Stage

Funding Raised

Latest Funding Round

ICO, Jul 21, 2019, $*****

Investors

Infinite Capital & 17 more

Ranked

112^th among 1338 active competitors

Employee Count

13 as on Jun 30, 2026

Similar Companies

Aptos & 1482 more

View THORChain's full profile

THORChain has raised funding over 1 round. THORChain has 18 institutional investors.

Here is the list of recent funding rounds of THORChain:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 21, 2019	8476119	ICO	8417345	3583175	2279907	2852989

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View details of THORChain's funding rounds and investors

THORChain's employee count trend

THORChain has 13 employees as of Jun 26. Here is THORChain's employee count trend over the years:

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Top competitors of THORChain include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of THORChain, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	82/100
2nd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Jump Crypto, Andreessen Horowitz & 33 others	79/100
3rd	Solana 2010, San Francisco (United States), Series C	Blockchain-based infrastructure for transactions and counting	$374M	500 Global, Andreessen Horowitz & 95 others	79/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 91 others	77/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Ceras Ventures & 22 others	75/100
6th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 109 others	70/100
7th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	RRE Ventures, Nasdaq & 26 others	70/100
8th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 60 others	68/100
9th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, Kernel Ventures & 44 others	68/100
10th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 48 others	67/100
112th	THORChain 2012, Switzerland, Funding Raised	Decentralized liquidity protocol & network	-	Infinite Capital, Blockchain Coinvestors ... & 16 others	47/100