Immunefi

Switzerland Founded: 2020 • Age: 6 yrs
Blockchain bug bounties are facilitated through an online expert marketplace.
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About Immunefi

Immunefi is a company based in Switzerland founded in 2020.. Immunefi has raised $29.5 million across 2 funding rounds from investors including Polygon, Framework Ventures and The LAO. Immunefi has completed 1 acquisition, including Klevoya. Immunefi offers products and services including Bug Bounty Programs, Audits, and Audit Competitions. Immunefi operates in a competitive market with competitors including Ledger, CertiK, Braintrust, MetaMask and SpiderOak, among others.

  • Headquarter Switzerland
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Immuni Software Pte. Ltd.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Technology → Blockchain, Web3 & Digital Assets
Technology → Cybersecurity & Privacy Solutions
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $24 M (USD), Series A

    Sep 22, 2022

  • Investors
    Polygon

    & 13 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Immunefi

Immunefi offers a comprehensive portfolio of products and services, including Bug Bounty Programs, Audits, and Audit Competitions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for reporting and rewarding crypto vulnerabilities.

Professional reviews of smart contracts for potential risks.

Crowdsourced events to identify protocol weaknesses.

People of Immunefi
Headcount 10-50
Employee Profiles 35
Employee Profiles
People
Gowtham Naidu Ponnana
Security Researcher
People
Parth Sharma
Security Researcher
People
Hashir Khan
Security Researcher And Smart Contract Auditor
People
Joe Suzuki
Senior Account Executive

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Funding Insights of Immunefi

Immunefi has successfully raised a total of $29.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $24 million completed in September 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
  • Total Rounds 2
  • Last Round Series A — $24.0M
  • First Round

    (26 Oct 2021)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series A - Immunefi Valuation Framework Ventures
Oct, 2021 Amount Seed - Immunefi Valuation Electric Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Immunefi

Immunefi has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Polygon, Framework Ventures and The LAO. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Blockchain startups are funded by Framework Ventures venture capital.
Founded Year Domain Location
Cryptocurrency investment firm
Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Immunefi

Immunefi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Klevoya. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Security services are provided to clients in the United Kingdom.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Immunefi

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Immunefi Comparisons

Employees
+
Add Comparison
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Competitors of Immunefi

Immunefi 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 Ledger, CertiK, Braintrust, MetaMask and SpiderOak, 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
Ledger is recognized for providing secure cryptocurrency hardware wallets.
domain founded_year HQ Location
Online platform for blockchain and smart contract cybersecurity
domain founded_year HQ Location
Tech freelancers are matched with employers in a decentralized marketplace.
domain founded_year HQ Location
Browser-based hot wallet for cryptocurrency management and transactions is provided.
domain founded_year HQ Location
Enterprise file sharing is enabled through blockchain-based software.
domain founded_year HQ Location
Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Immunefi

Frequently Asked Questions about Immunefi

When was Immunefi founded?

Immunefi was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Immunefi located?

Immunefi is headquartered in Switzerland.

Is Immunefi a funded company?

Immunefi is a funded company, having raised a total of $29.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Oct 26, 2021.

What does Immunefi do?

Immunefi was founded in 2020 in Switzerland. An online platform is operated as a marketplace for blockchain freelancers, where experts identify vulnerabilities in DeFi and smart contract projects to earn bounties. Services such as bug bounty program hosting, security consultations, vulnerability triaging, and overall program management are offered to blockchain initiatives, supporting secure development in the cryptocurrency sector.

Who are the top competitors of Immunefi?

Immunefi's top competitors include Ledger, CertiK and MetaMask.

What products or services does Immunefi offer?

Immunefi offers Bug Bounty Programs, Audits, and Audit Competitions.

How many acquisitions has Immunefi made?

Immunefi has made 1 acquisition, including Klevoya.

Who are Immunefi's investors?

Immunefi has 14 investors. Key investors include Polygon, Framework Ventures, The LAO, IDEO CoLab Ventures, and Electric Capital.

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