About Concordium
Concordium is a company based in Cham (Switzerland) founded in 2018 by Lars Seier Christensen. Concordium has raised $15 million across 2 funding rounds from investors including ARK36. The company has 28 employees as of November 30, 2024. Concordium offers products and services including Stablecoin Platform, Identity Solutions, Tokenized Money Market Funds, and Geofencing Service. Concordium operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Cham, Switzerland
- Employees 28 as on 30 Nov, 2024
- Founders Lars Seier Christensen
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Sectors
TechnologyFinancial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Concordium Uk Ltd
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Annual Revenue
Not available
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Net Profit
$6.71 M (USD)162as on Dec 31, 2022
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EBITDA
Not available
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$52.12 M (USD), Token Sale
Jun 30, 2021
- Investors
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Employee Count
28
as on Nov 30, 2024
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Products & Services of Concordium
Concordium offers a comprehensive portfolio of products and services, including Stablecoin Platform, Identity Solutions, Tokenized Money Market Funds, and Geofencing Service.
Enables secure issuance of stablecoins with compliance features.
Provides protocol-level ID verification using zero-knowledge proofs.
Enhances security and growth for tokenized investment funds.
Supports jurisdiction-based restrictions for transactions.
People of Concordium
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Funding Insights of Concordium
Concordium has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $52.12 million completed in June 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.
Investors in Concordium
Concordium has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ARK36.
| Investor | Description | Founded Year | Domain | Location |
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Offers portfolio management solutions for cryptocurrency transactions.
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Investor details for Concordium
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Investments & Acquisitions by Concordium
Investment portfolio details for Concordium
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Financial Statements - Concordium
Detailed financials for Concordium
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Concordium Comparisons
Peer comparison for Concordium
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Competitors of Concordium
Concordium 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 Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Blockchain infrastructure is offered for financial application development.
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Detailed competitors of Concordium
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Latest news on Concordium
Complete news archive for Concordium
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Frequently Asked Questions about Concordium
Concordium was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Concordium is headquartered in Cham, Switzerland. It is registered at Cham, Zug, Switzerland.
Concordium is a funded company, having raised a total of $15M across 2 funding rounds to date.
As of Nov 30, 2024, the latest employee count at Concordium is 28.
Provider of blockchain-based regulatory compliance support platform. It provides users with a company that features a protocol layer ID KYC AML mechanism that ensures that each user on the network is identified and that each transaction involves provenance tracking. It also offers self sovereign identification solutions.
Concordium's top competitors include Mysten Labs, Solana and O(1) Labs.
Concordium offers Stablecoin Platform, Identity Solutions, Tokenized Money Market Funds, and Geofencing Service.
Concordium has 1 investor. Key investors include ARK36.