Torum - About the company
Torum is a seed company based in Bangsar (Malaysia), founded in 2018. It operates as a Social media platform to connect cryptocurrency users. Torum has raised $1.45M in funding from investors like IDC, Lotus Capital Investments and KuCoin. The company has 90 active competitors, including 13 funded and 1 that has exited. Its top competitors include companies like BingX, fomo and Limitless.
Company Details
Social media platform for cryptocurrency users. It connects cryptocurrency enthusiasts and blockchain technologists to nurture communities of similar interest. It features Crypto Projects Listing for crypto projects to showcase the latest updates; Social Gamification to earn crypto & unite with crypto buddies and Crypto Atmosphere to engage and interact with contents using crypto-themed gifts and emotes. It also offers an app to provide crypto news, trends and contents.
- Website
- www.pay.torum.com
Key Metrics
Founded Year
2018
Location
Bangsar, Malaysia
Stage
Seed
Total Funding
$1.45M in 4 rounds
Latest Funding Round
Ranked
10th among 90 active competitors
Employee Count
20 as on May 31, 2026
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Torum's funding and investors
Torum has raised a total funding of $1.45M over 4 rounds. Its first funding round was on Apr 20, 2021. Its latest funding round was a Seed round on Nov 04, 2021 for $*****. 1 investor participated in its latest round. Torum has 17 institutional investors.
Here is the list of recent funding rounds of Torum:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 04, 2021 | 5125043 | Seed | 4292339 | 4509473 | 9763249 | 8706530 |
Sep 14, 2021 | 9064061 | ICO | 1051210 | 8226926 | 6378791 | 2197452 |
Aug 09, 2021 | 6047411 | Seed | 5007166 | 2185791 | 3605201 |
View details of Torum's funding rounds and investors
Torum's founders and board of directors
Founder? Claim ProfileTorum's employee count trend
Torum has 20 employees as of May 26. Here is Torum's employee count trend over the years:
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Torum's Competitors and alternates
Top competitors of Torum include BingX, fomo and Limitless. Here is the list of Top 10 competitors of Torum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | App-based social trading platform for traders | - | - | 65/100 | |
2nd | fomo 2024, New York (United States), Series B | Broker based mobile trading app for cryptocurrencies, memecoins, and altcoins | $96.3M | 56/100 | |
3rd | Provider of social crypto trading platform | $17M | 56/100 | ||
4th | Noones 2023, Dubai (United Arab Emirates), Unfunded | Peer-to-peer cryptocurrency trading platform | - | - | 55/100 |
5th | Provider of a social crypto exchange platform | $6M | 53/100 | ||
6th | Social trading platform for cryptocurrencies | $18M | 48/100 | ||
7th | App-based platform for trading in cryptocurrency | $6M | 47/100 | ||
8th | FlipItMoney 2020, Gurugram (India), Acquired | App-based stock market trading and analytics platform for individuals | $2.87M | 43/100 | |
9th | MoonXBT 2021, Cayman Islands, Unfunded | App-based derivatives trading solutions for cryptocurrency | - | - | 42/100 |
10th | Social media platform to connect cryptocurrency users | $1.45M | 39/100 |
Looking for more details on Torum's competitors? Click here to see the top ones
Torum's Investments and acquisitions
Torum has made no investments or acquisitions yet.
Reports related to Torum
Here is the latest report on Torum's sector:
News related to Torum
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KuCoin Labs Invest in Huobi-Backed SocialFi Platform to Expand Into Metaverse & NFT SpaceGlobeNewswire•Nov 04, 2021•Torum, Huobi, KuCoin
•
Huobi-backed SocialFi Platform, Torum to Make Social Metaverses a Reality with Avatar NFTsMarTech Series•Sep 29, 2021•Torum
•
Social Media Platform Torum Announces Strategic Investment By Huobi Ventures HECO FundAiThority•Aug 09, 2021•Torum, Huobi
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Torum Closes Million Dollars Private Round to Create The First Social Media Platform with NFT & DeFi InnovationsACN Newswire•Apr 20, 2021•Torum, AU21 Capital, Momentum 6, Lotus Capital Investments and 10 others
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