About Ondo Finance
Ondo Finance is a Financial Services company based in New York (United States) founded in 2021 by Pinku Surana. A decentralized finance platform is operated by Ondo Finance. It operates on a FinTech model. 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. Its website ondo.finance draws about 185 thousand monthly visits. Its Indian entity V Guard Industries Limited reported revenue of ₹5,989 Cr. Ondo Finance offers products and services including Ondo Finance Platform. Its focus areas include Financials, Capital Markets and Financial Technology. Its competitors include Quontic and Utoppia; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Founders Pinku Surana
- SectorsFinancial Services
- Email••••••••
- Website ondo.finance
- Social LinkedIn X
- Legal Name V Guard Industries Limited
- Date of Incorporation 12 Feb, 1996
- Indian entity revenue₹5,989 Cr
FY 2026 · +7% YoY
- Indian entity net profit₹322 Cr
FY 2026 · 5% margin
- Indian entity EBITDA₹505 Cr
FY 2026 · 8% margin
- Total Equity Funding$24M (USD)
in 3 rounds
- Latest Funding Round$22.04M (USD), Token Sale
Jan 2024
- InvestorsCoinbase
& 17 more
- Investments & Acquisitions
Associated legal entities of Ondo Finance
Ondo Finance operates through V Guard Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| V Guard Industries Limited Listed CIN L31200KL1996PLC010010 | Active | 12 Feb 1996 | Kochi, Kerala | ₹5,989 Cr | 3,309 | 10 | View details |
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.
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.
- Total Funding $24M
- Total Rounds 3
- Last Round Token Sale — $22.04M
- First Round $4M
(Aug 2021)
- Investors Count 18
All 3 funding rounds of Ondo Finance 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 |
|---|---|---|---|---|---|
| Jan 2024 | $22.04M | Token Sale | – | – | – |
| Apr 2022 | $20M | Series A | – | Founders Fund, Pantera Capital | |
| Aug 2021 | $4M | Seed | – | Pantera Capital |
18 investors in total: 14 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Blockchain-focused investment funds and venture capital are provided. | panteracapital.com | Menlo Park, United States | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Steel Perlot is focused on building and backing transformative platform technologies. | steelperlot.com | |||
Investments in cryptocurrencies are managed by Divergence Ventures. | div.vc | San Francisco, United States | ||
Diversified investment management firm | 2000 | goldentree.com | New York, United States | |
Crypto-based algorithmic market maker for digital assets | 2008 | wintermute.com | Reston, United States | |
Online platform for trading in forex, digital assets, and commodities | 2004 | flowtraders.com | Amsterdam, Netherlands | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States |
Investor details for Ondo Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of V Guard Industries Limited (Ondo Finance)
V Guard Industries Limited is the primary company behind Ondo Finance. The board of V Guard Industries Limited currently have 8 directors; the longest-serving is Mithun Chittilappilly, appointed in 2012. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mithun Chittilappilly DIN 00027610 | Managing Director | 01 Apr 2012 | 14 yrs 6 mo | V Guard Industries Limited |
| Ramachandran DIN 06576300 | Whole-time director | 23 Jul 2013 | 13 yrs 3 mo | V Guard Industries Limited |
| George Muthoot Jacob DIN 00018955 | Director | 05 Oct 2020 | 6 yrs | V Guard Industries Limited |
| Biju Varkkey DIN 01298281 | Director | 26 May 2021 | 5 yrs 5 mo | V Guard Industries Limited |
| Antony Sebastian Karathra DIN 01628332 | Whole-time director | 30 May 2023 | 3 yrs 5 mo | V Guard Industries Limited |
| Ishwar Subramanian DIN 01473535 | Director | 30 May 2023 | 3 yrs 5 mo | V Guard Industries Limited |
| Reena Philip DIN 11462302 | Director | 28 Jan 2026 | 9 mo | V Guard Industries Limited |
| Usha Sunny DIN 07215012 | Director | 12 May 2026 | 5 mo | V Guard Industries Limited |
People of Ondo Finance
29 people are tracked at Ondo Finance (17 in leadership, 1 in board & advisors, 11 in team).
| Name | Role | Group |
|---|---|---|
Pinku Surana | Co-Founder | Leadership |
Brendan Florez | Managing Director | Leadership |
Nathan Allman | Founder & CEO | Leadership |
Katharina Fore | Partner Marketing Lead | Leadership |
Justin Schmidt | President & COO | Leadership |
Kevin D. Kim | VP Of Product | Leadership |
Ali Azam | VP of Engineering | Leadership |
Andrew Yassa | Sr. Director, Strategy & Operations | Leadership |
Jack Zampolin | VP Product | Leadership |
Jarred Enos | Head Of People | Leadership |
Katie Wheeler | Vice President Of Partnerships | Leadership |
Rania R. | Director Of Sales, APAC | Leadership |
Ian de Bode | President | Leadership |
Ben Grossman | Head Of Marketing | Leadership |
Gus Brewer | Director Of Recruiting | Leadership |
Lee Zasadowski | Head Of Investment Operations | Leadership |
Dana C. Tung | Director Of Strategic Operations | Leadership |
David Chen | Advisor | Board & advisors |
Marc Damiano | Sales | Team |
Dilip Kumar | Senior Operations Associate | Team |
9 more people are available in the full profile.
Complete people profiles for Ondo Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Ondo Finance
Figures of V Guard Industries Limited, the primary company behind Ondo Finance, for FY 2026. Revenue was ₹5,989 Cr (+7% year on year). Net profit was ₹322 Cr (5% margin). EBITDA was ₹505 Cr (8% margin). Revenue has grown at a compounded annual rate of +13% over three years and +17% over five years.
- ₹5,989 CrRevenue · FY 2026 · +7% YoY
- ₹322 CrNet profit · 5% margin
- ₹505 CrEBITDA · 8% margin
- ₹43.69 CrPaid-up capital
- 3,309Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of V Guard Industries Limited are on its company page.
Detailed financial statements for Ondo Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Liquidity and trading services for digital securities are provided. | oasispromarkets.com | Darien, United States | 2008 | Jul 2025 | •••• |
Complete acquisition details for Ondo Finance
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Ondo Finance
4 dated milestones of Ondo Finance across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Ondo Finance is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Token Sale, of $22.0M.
- Acquisition Acquires Oasis Pro Markets.
Competitors of Ondo Finance
Ondo Finance has 2 listed competitors in our database, 2 of them funded. They include Quontic and Utoppia.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quontic.com | 2009 | New York, United States | $11.3M | 303 | Digital bank for individuals | |
| utoppia.com | 2021 | Mountain View, United States | $3.37M | Crypto-based banking solutions are provided via an online platform. |
Detailed competitors of Ondo Finance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Ondo Finance
The website of Ondo Finance (ondo.finance) receives about 185.2K visits a month.
- Monthly visits185.2K
▲ 16.6% vs previous month
Websites whose visitors overlap most with Ondo Finance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| veno.finance | 100% | 5.1K | #3,912,904 | View details | |
| trava.finance | 100% | 680.7K | #4,700,301 | View details | |
| amnis.finance | 100% | 4.6K | #3,990,826 | View details | |
| stargate.finance | 100% | 213.5K | #177,259 | View details | |
| coinmarketcap.com | 69% | 74.2M | #1,083 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Ondo Finance
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- 26 similar websites
- Audience overlap
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Top companies in Cryptocurrencies
3 companies that operate in the same segment as Ondo Finance (Cryptocurrencies) in United States, 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 | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about 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. The company's 1st funding round was a Seed of $4M, raised on Aug 2021.
The primary company behind Ondo Finance, V Guard Industries Limited, reported revenue of ₹5,989 Cr for FY 2026, up 7% year on year.
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.
Ondo Finance operates through V Guard Industries Limited.
The legal entities of Ondo Finance currently have 10 directors, including Ramachandran, Kasturi Sudarshan, Mithun Chittilappilly and others.
The website of Ondo Finance receives about 185 thousand visits a month.