About Forward Protocol
Forward Protocol is a company based in Panama City (Panama) founded in 2021 by Karnika E Yashwant.. Forward Protocol has raised $1.25 million across 2 funding rounds from investors including Polygon, MEXC Global and Bitcoin.com. Forward Protocol operates in a competitive market with competitors including zbyte, Ironforge, GraphLinq, Cybermiles and xMentium, among others.
- Headquarter Panama City, Panama
- Founders Karnika E Yashwant
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Sectors
Technology
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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
$1.25 M (USD)
in 2 rounds
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Latest Funding Round
$3.81 M (USD), Token Sale
Feb 05, 2024
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Investors
Polygon
& 25 more
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Employee Count
Employee Count
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Funding Insights of Forward Protocol
Forward Protocol has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $3.81 million completed in February 2024. 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 Token Sale — $3.8M
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First Round
First Round
(08 Dec 2021)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Token Sale - Forward Protocol | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Forward Protocol | Valuation |
investors |
| 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 Forward Protocol
Forward Protocol has secured backing from 26 investors, including institutional and venture fund investors. Prominent investors backing the company include Polygon, MEXC Global and Bitcoin.com. 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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Stakez Capital is engaged in investment for future projects.
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Founded Year | Domain | Location | |
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Venture capital-backed accelerator focused on crypto-based startups
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Founded Year | Domain | Location | |
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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 Forward Protocol
| 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 - Forward Protocol
| 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 |
Forward Protocol Comparisons
Competitors of Forward Protocol
Forward Protocol 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 zbyte, Ironforge, GraphLinq, Cybermiles and xMentium, 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-powered applications are developed on the zbyte platform.
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| domain | founded_year | HQ Location |
Blockchain applications are developed and managed through an online platform.
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| domain | founded_year | HQ Location |
Blockchain apps are developed and automated via no-code platform.
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| domain | founded_year | HQ Location |
Blockchain-based smart contract templates are developed for e-commerce.
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| domain | founded_year | HQ Location |
Platform offering contract creation software
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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 Forward Protocol
Frequently Asked Questions about Forward Protocol
When was Forward Protocol founded?
Forward Protocol was founded in 2021.
Where is Forward Protocol located?
Forward Protocol is headquartered in Panama City, Panama.
Is Forward Protocol a funded company?
Forward Protocol is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.25M, raised on Dec 08, 2021.
What does Forward Protocol do?
Blockchain-based no-code toolkit for app deployment. It enables users to select an application from the repository and choose smart contracts suitable for the purpose. It is also deployed in any EVM-compatible chain.
Who are the top competitors of Forward Protocol?
Who are Forward Protocol's investors?
Forward Protocol has 26 investors. Key investors include Polygon, MEXC Global, Bitcoin.com, Marathon Capital, and NFT Tech.