About Ondo Finance
Ondo Finance is a company based in New York (United States) founded in 2021 by Pinku Surana. It operates as a FinTech. Ondo Finance has raised $24 million across 3 funding rounds from investors including Coinbase, Wintermute and GoldenTree. Ondo Finance has completed 1 acquisition, including Oasis Pro Markets. Ondo Finance offers products and services including Ondo Finance Platform. Ondo Finance operates in a competitive market with competitors including Sygnum, Xapo Bank, Cashaa, Ondo and AMINA Bank, among others.
- Headquarter New York, United States
- Founders Pinku Surana
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$590.82 M (USD)18as on Mar 31, 2024
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Net Profit
$31.12 M (USD)36as on Mar 31, 2024
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EBITDA
$45.89 M (USD)40as on Mar 31, 2024
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Total Equity Funding
$24 M (USD)
in 3 rounds
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Latest Funding Round
$22.04 M (USD), Token Sale
Jan 18, 2024
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Investors
Coinbase
& 17 more
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Employee Count
Not available
- Investments & Acquisitions
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Products & Services of Ondo Finance
Ondo Finance offers a comprehensive portfolio of products and services, including Ondo Finance Platform.
A platform for decentralized finance solutions is provided.
People of Ondo Finance
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Funding Insights of Ondo Finance
Ondo Finance has successfully raised a total of $24M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $22.04 million completed in January 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.
Investors in Ondo Finance
Ondo Finance has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Wintermute and GoldenTree.
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Venture capital investments in technology and defense sectors.
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Blockchain-focused investment funds and venture capital are provided.
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Venture and private equity investments are managed with global diversification.
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Investor details for Ondo Finance
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Investments & Acquisitions by Ondo Finance
Ondo Finance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Oasis Pro Markets.
Investment portfolio details for Ondo Finance
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Liquidity and trading services for digital securities are provided.
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Complete acquisition details for Ondo Finance
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Financial Statements - Ondo Finance
Detailed financials for Ondo Finance
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Ondo Finance Comparisons
Peer comparison for Ondo Finance
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Competitors of Ondo Finance
Ondo Finance 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 Sygnum, Xapo Bank, Cashaa, Ondo and AMINA Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Banking solutions for digital assets
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Digital banking for fiat currencies and cryptocurrencies is provided.
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Blockchain-based digital banking services are offered to individuals and businesses.
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Ondo is focused on claim prevention technology for insurers.
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Digital asset banking platform
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Digital bank for individuals
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Detailed competitors of Ondo Finance
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Latest news on Ondo Finance
Complete news archive for Ondo Finance
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Frequently Asked Questions about Ondo Finance
Ondo Finance was founded in 2021.
Ondo Finance is headquartered in New York, United States. It is registered at New York, New York, United States.
Ondo Finance is a funded company, having raised a total of $24M across 3 funding rounds to date.
Annual revenue of Ondo Finance is $590.82M as on Mar 31, 2024.
Decentralized finance solutions are provided by Ondo Finance through its platform. Focus is placed on innovative financial products within the blockchain and cryptocurrency sectors. Services are designed to facilitate access to financial markets using decentralized technologies.
Ondo Finance offers Ondo Finance Platform.
Ondo Finance has made 1 acquisition, including Oasis Pro Markets.
Ondo Finance has 18 investors. Key investors include Coinbase, Wintermute, GoldenTree, Digital Currency Group, and Flow Traders.