About BENQi
BENQi is a company based in Finland founded in 2021. BENQi has raised $6 million across 2 funding rounds from investors including Ava Labs, DRAGONFLY and Woodstock. BENQi offers products and services including Liquid Staking Protocol and Lending and Borrowing Protocol. BENQi operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Total Equity Funding$6M (USD)
in 2 rounds
- Latest Funding Round$3.88M (USD), Token Sale
Apr 2021
- InvestorsAva Labs
& 10 more
Products & Services of BENQi
BENQi offers a comprehensive portfolio of products and services, including Liquid Staking Protocol and Lending and Borrowing Protocol.
Enables staking AVAX for sAVAX and earning yields.
Allows lending and borrowing crypto assets for interest rewards.
Apps and channels of BENQi
its YouTube channel BENQI has 465 subscribers and 11 videos.
Videos from BENQi
The most watched videos on BENQi's YouTube channel, BENQI (465 subscribers). Click a video to play it here.
More on BENQI.
Funding Insights of BENQi
BENQi has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $3.88 million completed in April 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 $6M
- Total Rounds 2
- Last Round Token Sale — $3.88M
- First Round $6M
(Apr 2021)
- Investors Count 11
All 2 funding rounds of BENQi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $3.88M | Token Sale | – | – | – |
| Apr 2021 | $6M | Series A | – | Ascensive Assets |
11 investors in total: 11 institutional.
Investors in BENQi
BENQi has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Ava Labs, DRAGONFLY and Woodstock.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Advisory, venture capital, and startup services for blockchain are provided. | – | spartangroup.io | Singapore, Singapore | |
Multiple sectors are invested in by this micro VC fund. | – | trgc.io | Amsterdam, Netherlands | |
Venture capital and equity principal services are provided by Dragonfly. | 2018 | dragonfly.xyz | Oakland, United States | |
Venture capital firm focused on digital assets and web3 | – | arringtoncapital.com | Seattle, United States | |
Blockchain development services are provided by Mechanism Capital to clients. | – | mechanism.capital | - | |
Rarestone Capital is engaged in Web3 investment and incubation. | – | rarestone.capital | - | |
Delivers full-stack marketing, PR, and growth strategies for blockchain companies worldwide. | 2013 | marketacross.com | Ramat Gan, Israel | |
Blockchain-based public network for financial industry is operated. | 2018 | avalabs.org | Brooklyn, United States | |
Morningstar Ventures is engaged in leadership development and coaching services. | 2000 | morningstarventures.com | Cave Creek, United States | |
Merchandise and historical content for the Woodstock festival are provided. | 1969 | woodstock.com | Millington, United States |
Investor details for BENQi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of BENQi
3 dated milestones of BENQi, from founding to its latest funding, stage changes and deals.
- Founded BENQi is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Token Sale, of $3.9M.
Competitors of BENQi
BENQi 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| luno.com | 2013 | London, United Kingdom | $13M | 127 | Mobile app for storing and trading cryptocurrencies is utilized. | |
| uphold.com | 2013 | London, United Kingdom | $73.36M | 14 | App-based wallet and exchange platform for cross-border money transfers | |
| coins.ph | 2014 | Pasig, Philippines | $40M | – | Digital wallet for Bitcoin assets | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | – | Crypto trading, loans, interest accounts, and wallets are offered online. | |
| crypto.com | 2016 | Singapore | – | – | App-based trading and deposit solutions for cryptocurrency are provided. | |
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. |
Detailed competitors of BENQi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BENQi
The website of BENQi (benqi.fi) receives about 11.6K visits a month.
- Monthly visits11.6K
▼ 35.2% vs previous month
Latest news on Benqi
Complete news archive for BENQi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to BENQi
10 companies that operate in the same segment as BENQi (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about BENQi
BENQi was founded in 2021.
BENQi is headquartered in Finland.
BENQi is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Apr 2021.
BENQi was established in 2021 in Finland within the DeFi sector. A decentralized network is maintained to integrate financial products, where digital assets are lent and borrowed in an over-collateralized setup. Liquidity is supplied and withdrawn from shared markets, permitting depositors to generate passive income through interest earnings. Borrowers access funds using their provided assets as collateral, supporting core operations in blockchain-based finance.
BENQi offers Liquid Staking Protocol and Lending and Borrowing Protocol.
BENQi has 11 investors. Key investors include Ava Labs, DRAGONFLY, Woodstock, Mechanism Capital, and Spartan Group.