When was Venom founded?

Venom was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Venom located?

Venom is headquartered in Abu Dhabi, United Arab Emirates.

How many employees does Venom have?

As of Jun 30, 2026, the latest employee count at Venom is 33.

Is Venom a funded company?

Venom is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on Mar 25, 2024.

When was the latest funding round of Venom?

Venom's latest funding was a $***** ICO round on Mar 25, 2024, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In United Arab Emirates, the Blockchain Infrastructure sector has seen $78.3M in funding in 2026 to date.

Where does Venom rank among its competitors?

Venom ranks 236th amongst 2971 active competitors, of which 541 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Aptos, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of Venom?

Venom's top competitors include Mysten Labs, BitGo and Luno. Among them, Aptos secured the most recent funding round in September, 2024.

Venom - 2026 Company Profile, Funding & Competitors

Venom is a funded company based in Abu Dhabi (United Arab Emirates), founded in 2022. It operates as a Blockchain network providing infrastructure for CBDC products and web3 applications. Venom has raised an undisclosed amount in funding. The company has 2971 active competitors, including 541 funded and 78 that have exited. Its top competitors include companies like Mysten Labs, BitGo and Luno.

Company Details

Website: venom.foundation
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Key Metrics

Founded Year

2022

Location

Abu Dhabi, United Arab Emirates

Stage

Funding Raised

Latest Funding Round

ICO, Mar 25, 2024, $*****

Ranked

236^th among 2971 active competitors

Employee Count

33 as on Jun 30, 2026

Similar Companies

BitGo & 4090 more

View Venom's full profile

Venom has raised funding over 1 round.

Here is the list of recent funding rounds of Venom:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 25, 2024	2957337	ICO	9164450	7361837	8955638	6744668

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View details of Venom's funding rounds and investors

Venom's employee count trend

Venom has 33 employees as of Jun 26. Here is Venom's employee count trend over the years:

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Top competitors of Venom include Mysten Labs, BitGo and Luno. Here is the list of Top 10 competitors of Venom, 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	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Galaxy & 39 others	81/100
3rd	Luno 2013, London (United Kingdom), Acquired	App-based platform for crypto wallet and investments	$13M	Balderton Capital, Digital Currency Group ... & 13 others	80/100
4th	Coins.ph 2014, Pasig (Philippines), Acquired	Digital wallet for Bitcoin assets	$40M	Innovation Endeavors, Amasia & 16 others	80/100
5th	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Third Point, Marshall Wace & 58 others	80/100
6th	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 33 others	79/100
7th	FalconX 2018, San Francisco (United States), Series D	Online platform offering cryptocurrency trading and investment solutions for institutions	$430M	B Capital, Sapphire Ventures & 26 others	79/100
8th	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	79/100
9th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Tiger Global Management ... & 91 others	77/100
10th	Amber Group 2017, Singapore (Singapore), Series C	Provider of blockchain-based financial solutions	$628M	Temasek, Fenbushi Capital & 32 others	77/100
236th	Venom 2022, Abu Dhabi (United Arab Emirates), Funding Raised	Blockchain network providing infrastructure for CBDC products and web3 applications	-	-	45/100