About Cymbal
Cymbal is a Technology company based in Menlo Park (United States) founded in 2022 by Shabih Rizvi and Nick Chang. Digital media group platform exploring chain media. It operates in the Technology and Financial Services sectors. Cymbal has raised $18.5 million across 1 funding round from investors including Coinbase, First Round Capital and Solana Ventures. The company has 7 employees. Its focus areas include FinTech, Cryptocurrencies, Diversified and Data Aggregation APIs. Its legal entity is CYMBAL INC. Its competitors include Zapper, TradeBlock and Goldsky; 3 of its 3 listed competitors have raised funding.
Company details
Cymbal was founded in 2022 in Menlo Park, United States, within the digital media and blockchain sector. A platform is operated by the company to facilitate exploration of chain media. Real-time insights into wallets, NFTs, and collections are provided, allowing activity analysis. Operations focus on blockchain data visualization and interaction tools for users in the Web3 space.
- Headquarters Menlo Park, United States
- Employees 7
- Founders Shabih Rizvi, Nick Chang
- SectorsTechnologyFinancial Services
- Email••••••••
- Website cymbal.xyz
- Social LinkedIn X
- Legal Name Cymbal Inc
- Total Equity Funding$18.5M (USD)
in 1 rounds
- Latest Funding Round$18.5M (USD), Series B
Jul 2022
- InvestorsCoinbase
& 7 more
- Employee Count7
Funding Insights of Cymbal
Cymbal has successfully raised a total of $18.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $18.5 million completed in July 2022. 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 $18.5M
- Total Rounds 1
- Last Round Series B — $18.5M
- First Round $18.5M
(Jul 2022)
- Investors Count 8
All 1 funding rounds of Cymbal 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 |
|---|---|---|---|---|---|
| Jul 2022 | $18.5M | Series B | – | First Round Capital, Solana Ventures |
8 investors in total: 8 institutional.
Investors in Cymbal
Cymbal has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, First Round Capital and Solana Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
Solana Ventures is focused on investing in Solana-based companies. | solana.ventures | |||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Early-stage startups are funded by Acrew Capital venture firm. | acrewcapital.com | Palo Alto, United States | ||
Venture capital firm focused on creator economy, web3, and the future of entertainment | uta.vc | Los Angeles, United States | ||
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
Early-stage founders in consumer technology are supported by Patron. | patron.xyz | |||
A program by CAA Insurance rewarding safe driving habits. | connectwithcaa.com | Canada |
Investor details for Cymbal
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Cymbal
2 people are tracked at Cymbal (2 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
Shabih Rizvi | Co-Founder | Leadership |
Nick Chang | Co-Founder | Leadership |
Complete people profiles for Cymbal
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Timeline of Cymbal
2 dated milestones of Cymbal, from founding to its latest funding, stage changes and deals.
- Founded Cymbal is founded.
- Funding First funding round of $18.5M.
Competitors of Cymbal
Cymbal has 3 listed competitors in our database, 3 of them funded. They include Zapper, TradeBlock and Goldsky.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zapper.xyz | 2020 | Wilmington, United States | $15M | Blockchain explorer platform used for viewing on-chain activity across networks. | ||
| tradeblock.com | 2013 | New York, United States | $21.69M | 97 | Cryptocurrency data and analysis tools are provided for institutions. | |
| goldsky.com | 2021 | San Francisco, United States | $20M | Real-time data infrastructure for web3 is provided by Goldsky. |
Detailed competitors of Cymbal
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- Full competitor set
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Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Cymbal (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Frequently Asked Questions about Cymbal
Cymbal was founded in 2022.
Cymbal is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.
Cymbal is a funded company, having raised a total of $18.5M across 1 funding round to date. The company's 1st funding round was a Series B of $18.5M, raised on Jul 2022.
Cymbal has 7 employees.
Cymbal was founded in 2022 in Menlo Park, United States, within the digital media and blockchain sector. A platform is operated by the company to facilitate exploration of chain media. Real-time insights into wallets, NFTs, and collections are provided, allowing activity analysis. Operations focus on blockchain data visualization and interaction tools for users in the Web3 space.
Cymbal's top competitors include Zapper, Goldsky and TradeBlock.
Cymbal has 8 investors. Key investors include Coinbase, First Round Capital, Solana Ventures, CAA Connect, and Google Ventures.
Cymbal operates through Cymbal Inc.