About IOST
IOST is a company based in Singapore (Singapore) founded in 2017 by Sa Wang, Yannan Wang, Jimmy Zhong, and Ray Xiao. IOST has raised $21 million across 1 funding round from investors including DWF Labs, PrestoDB and Rollman Management. IOST operates in a competitive market with competitors including Binance, Solana, Ankr, Mysten Labs and O(1) Labs, among others.
- Headquarter Singapore, Singapore
- Founders Sa Wang, Yannan Wang, Jimmy Zhong, Ray Xiao
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Infun Pte. Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$21 M (USD)
in 1 rounds
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Latest Funding Round
$21 M (USD), Series B
Jun 06, 2025
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Investors
DWF Labs
& 2 more
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Employee Count
Not available
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Funding Insights of IOST
IOST has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Series B round of $21 million completed in June 2025. 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 IOST
IOST has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include DWF Labs, PrestoDB and Rollman Management.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in web3 technology startups
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Open-source SQL engine for querying massive datasets across sources.
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Investor details for IOST
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Investments & Acquisitions by IOST
Investment portfolio details for IOST
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Financial Statements - IOST
Detailed financials for IOST
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Iost Comparisons
Peer comparison for IOST
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of IOST
IOST 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 Binance, Solana, Ankr, Mysten Labs and O(1) Labs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online exchange platform for cryptocurrency
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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 IOST
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Latest news on Iost
Complete news archive for IOST
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Frequently Asked Questions about IOST
IOST was founded in 2017 and raised its 1st funding round 8 years after it was founded.
IOST is headquartered in Singapore, Singapore.
IOST is a funded company, having raised a total of $21M across 1 funding round to date.
IOST was founded in 2017 in Singapore as a blockchain platform focused on enterprise applications. Operations center on a Proof of Believability consensus mechanism, enabling secure smart contracts with key-value storage, inter-contract calls, and multi-signature support. Developers are supported in creating private test networks and operating testnet nodes, serving the blockchain sector for online infrastructure needs.
IOST's top competitors include Binance, Mysten Labs and Solana.