About Balancer
Balancer is a company based in Finland founded in 2019 by Fernando Martinelli.. Balancer has raised $8 million across 2 funding rounds from investors including Placeholder, Three Arrows Capital and DeFiance Capital. Balancer operates in a competitive market with competitors including Zerion, Avantgarde, Haruko, TokenSets and Index Coop, among others.
- Headquarter Finland
- Founders Fernando Martinelli
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Sectors
TechnologyFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Feb 10, 2021
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Investors
Placeholder
& 5 more
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Employee Count
Employee Count
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Funding Insights of Balancer
Balancer has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $5.0M
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First Round
First Round
(25 Mar 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - Balancer | Valuation | Three Arrows Capital , DeFiance Capital | |
| Mar, 2020 | Amount | Seed - Balancer | Valuation | Accomplice , Placeholder |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Balancer
Balancer has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Placeholder, Three Arrows Capital and DeFiance Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Crypto-native investment firm focusing on Web3, DeFi, gaming, and infrastructure assets globally.
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Founded Year | Domain | Location | |
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Blockchain-focused investment funds and venture capital are provided.
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Founded Year | Domain | Location | |
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Accomplice is engaged in venture capital investments for startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Balancer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Balancer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Balancer Comparisons
Competitors of Balancer
Balancer operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zerion, Avantgarde, Haruko, TokenSets and Index Coop, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain-based protocols for decentralized finance and asset management are provided.
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| domain | founded_year | HQ Location |
DeFi-as-a-service solutions are offered to financial institutions for crypto management.
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| domain | founded_year | HQ Location |
Blockchain training services are provided to professionals and organizations.
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| domain | founded_year | HQ Location |
Cryptocurrency baskets and portfolios are managed through automated strategies.
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| domain | founded_year | HQ Location |
Crypto index financial and risk management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Balancer
Frequently Asked Questions about Balancer
When was Balancer founded?
Balancer was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Balancer located?
Balancer is headquartered in Finland.
Who is the current CEO of Balancer?
Fernando Martinelli is the current CEO of Balancer. They have also founded this company.
Is Balancer a funded company?
Balancer is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 25, 2020.
What does Balancer do?
Founded in 2019 in Finland, Balancer operates as a platform for cryptocurrency portfolio management within the digital assets sector. Crowdsourced liquidity from investor portfolios is pooled to enable trading activities. Investment and trading solutions are provided for various cryptocurrencies, including Bitcoin, Ethereum, and Wrapped Bitcoin. Operations focus on facilitating access to decentralized finance tools across global markets.
Who are the top competitors of Balancer?
Balancer's top competitors include Zerion, Wisdomise and Avantgarde.
Who are Balancer's investors?
Balancer has 6 investors. Key investors include Placeholder, Three Arrows Capital, DeFiance Capital, Pantera Capital, and Alameda Research.
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