Where is TON located?

TON is headquartered in Zug, Switzerland.

How many employees does TON have?

As of Jul 31, 2026, the latest employee count at TON is 161.

Is TON a funded company?

TON is a funded company, having raised a total of $10M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 17, 2022.

When was the latest funding round of TON?

TON's latest funding was a $***** Grant (prize money) round on Dec 01, 2023, with participation from 1 investor.

Where does TON rank among its competitors?

TON ranks 24th amongst 1312 active competitors, of which 285 are funded. It stands 9th 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 TON?

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

TON - 2026 Company Profile, Funding & Competitors

TON is a series A company based in Zug (Switzerland). It operates as a Foundation supporting community initiatives for decentralized digital identity and asset ownership. TON has raised $10M in funding from investors like Mask Network, MEXC Global and DWF Labs. The company has 1312 active competitors, including 285 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.

Company Details

Foundation supporting community initiatives for decentralized digital identity and asset ownership. It empowers projects through coordination, support, and grants, focusing on initiatives valued by the wider community. The foundation comprises community contributors with diverse expertise, shaping platform development and driving growth. It operates with an open-source codebase, encouraging contributions from anyone.

Website: ton.foundation
Email ID: *****@ton.foundation
Part Of

Key Metrics

Location

Zug, Switzerland

Stage

Series A

Total Funding

$10M in 4 rounds

Latest Funding Round

Grant (prize money), Dec 01, 2023, $*****

Investors

Mask Network & 8 more

Ranked

24^th among 1312 active competitors

Employee Count

161 as on Jul 31, 2026

Similar Companies

Mysten Labs & 206 more

View TON's full profile

TON has raised a total funding of $10M over 4 rounds. Its first funding round was on Nov 17, 2022. Its latest funding round was a Grant (prize money) round on Dec 01, 2023 for $*****. 1 investor participated in its latest round. TON has 9 institutional investors.

Here is the list of recent funding rounds of TON:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2023	2680521	Grant (prize money)	6615958	5234653	2217084	8011225
Oct 04, 2023	8164641	Series A	1608340	1730791	2408774	Animoca Brands
May 17, 2023	1444081	Series A	1474960	3273133	Mask Network	6660432

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View details of TON's funding rounds and investors

TON's employee count trend

TON has 161 employees as of Jul 26. Here is TON's employee count trend over the years:

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Top competitors of TON include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of TON, 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, Metastable Materials ... & 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, IPC & 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
24th	TON Zug (Switzerland), Series A	Foundation supporting community initiatives for decentralized digital identity and asset ownership	$10M	Double Peak, Animoca Brands & 7 others	60/100