About Fyn
Fyn is a company based in Atlanta (United States) founded in 2018 by Vamshi Vangapally. Fyn has raised $3.2 million across 1 funding round from investors including Sketchnote, Ascend and BAM Ventures. Fyn operates in a competitive market with competitors including ZenLedger, KoinX, Ledgible, Toku and TaxNodes, among others.
- Total Equity Funding$3.2M (USD)
in 1 rounds
- Latest Funding Round$3.2M (USD), Seed
Mar 2022
- InvestorsSketchnote
& 7 more
Funding Insights of Fyn
Fyn has successfully raised a total of $3.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.2 million completed in March 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 $3.2M
- Total Rounds 1
- Last Round Seed — $3.2M
- First Round $3.2M
(Mar 2022)
- Investors Count 8
All 1 funding rounds of Fyn 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 |
|---|---|---|---|---|---|
| Mar 2022 | $3.2M | Seed | – | ASCEND |
8 investors in total: 8 institutional.
Investors in Fyn
Fyn has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Sketchnote, Ascend and BAM Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest. | – | ascend.vc | Seattle, United States | |
Investments in US tech companies are made by BAM Ventures. | – | bam.vc | Los Angeles, United States | |
Global platform for entrepreneurship focusing on community building, investments, and education services. | 2018 | draperstartuphouse.com | - | |
Seed-stage startups are funded by this venture capital firm. | – | hustlefund.vc | San Carlos, United States | |
A venture fund based in Tacoma, investing in startups. | – | tacomaventurefund.com | Tacoma, United States | |
Venture capital fund focused on seed-stage investment in multiple sectors | – | liquid2.vc | San Francisco, United States | |
Early-stage venture capital investments are made in US geographies. | – | defy.vc | Woodside, United States | |
Cloud-based suite solutions are provided for enterprise collaboration and planning. | 2021 | sketchnote.co | Mumbai, India |
Investor details for Fyn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Fyn
2 people are tracked at Fyn (2 in leadership).
| Name | Role | Group |
|---|---|---|
Vamshi Vangapally | Co-Founder | Leadership |
Tela Andrews | CEO | Leadership |
Complete people profiles for Fyn
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Fyn
2 dated milestones of Fyn across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Fyn is founded.
- Funding First funding round of $3.2M.
Competitors of Fyn
Fyn 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 ZenLedger, KoinX, Ledgible, Toku and TaxNodes, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zenledger.io | 2017 | Bellevue, United States | $25.9M | – | Cloud-based crypto tax management solutions are offered to investors. | |
| koinx.com | 2022 | Cuttack, India | $1.5M | 18 | Crypto tax management and exchange integration are facilitated online. | |
| ledgible.io | 2014 | Atlanta, United States | $20M | 10 | Tax and accounting solutions for cryptocurrencies are offered. | |
| toku.com | 2021 | Tokyo, Japan | $20M | – | Platform offering token compensation & tax compliance solutions | |
| taxnodes.com | 2022 | Ahmedabad, India | $1.6M | – | Cryptocurrency tax calculations and reports are managed online. | |
| coinledger.io | 2018 | Kansas, United States | $6M | – | Cryptocurrency portfolio tracking and tax reporting services are provided. | |
| cryptotaxcalculator.io | 2019 | Sydney, Australia | $2.91M | – | Cryptocurrency tax calculation solutions are provided for businesses. | |
| tactic.com | 1996 | New York, United States | $13.6M | – | Crypto accounting software is developed by Tactic. | |
| coinpanda.io | 2019 | Oslo, Norway | – | – | Offers a cloud-based solution for cryptocurrency portfolio tracking and taxes. |
Detailed competitors of Fyn
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.
Latest news on Fyn
Complete news archive for Fyn
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 Fyn
10 companies that operate in the same segment as Fyn (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
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 | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about Fyn
Fyn was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Fyn is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Tela Andrews is the current CEO of Fyn.
Fyn is a funded company, having raised a total of $3.2M across 1 funding round to date. The company's 1st funding round was a Seed of $3.2M, raised on Mar 2022.
Online platform for web3 tax calculations. The business provides a software solution that enables people, CPAs, and accounting firms to compute the performance of their cryptocurrency assets for tax reporting needs.
Fyn has 8 investors. Key investors include Sketchnote, Ascend, BAM Ventures, Draper Startup House, and Hustle Fund.