About Phi
Phi is a company based in Tokyo (Japan) founded in 2022. It operates as a Blockchain-as-a-Service and Freemium. Phi has raised $2 million across 1 funding round from investors including Polygon, Mask Network and Lens. Phi offers products and services including Phi Land and Phi Quest. Phi operates in a competitive market with competitors including Consensys, IMVU, Figment, Meta and Galxe, among others.
- Headquarter Tokyo, Japan
- SectorsTechnologyMedia & Entertainment
- Website philand.xyz
- Social LinkedIn X
- Legal Name Phi
- Total Equity Funding$2M (USD)
in 1 rounds
- Latest Funding Round$2M (USD), Seed
Feb 2023
- InvestorsPolygon
& 16 more
Products & Services of Phi
Phi offers a comprehensive portfolio of products and services, including Phi Land and Phi Quest.
A platform to build on-chain identity cities.
A tool to earn rewards through quests.
Funding Insights of Phi
Phi has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in February 2023. 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 $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Feb 2023)
- Investors Count 17
All 1 funding rounds of Phi 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 |
|---|---|---|---|---|---|
| Feb 2023 | $2M | Seed | – | Chapter One, Delphi Ventures |
17 investors in total: 8 institutional and 9 angel.
Investors in Phi
Phi has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Polygon, Mask Network and Lens.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | – | chapterone.com | Los Angeles, United States | |
Delphi Ventures is focused on investments in decentralized technologies. | – | delphiventures.io | - | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | polygon.technology | George Town, Cayman Islands | |
Blockchain protocols for decentralized social networks are offered by Lens. | 2014 | lens.xyz | Venice, United States | |
Provider of encrypted messaging applications | 2018 | mask.io | Champaign, United States | |
Blockchain focused investment firm | – | gbv.capital | George Town, Cayman Islands | |
Offers a unified platform for disease-specific data analysis and management. | 2004 | ito.com.cn | Hong Kong, China | |
Diversified investment management is handled by NeW in Tokyo. | 2021 | nextweb.capital | Tokyo, Japan | |
RS Ryan Sean Adams | - | – | unknown_8ab1d04ca714402ab | - |
DH David Hoffman | - | – | unknown_92826f566352429c8 | - |
Investor details for Phi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Phi
2 dated milestones of Phi across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Phi is founded.
- Funding First funding round of $2.0M.
Competitors of Phi
Phi 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 Consensys, IMVU, Figment, Meta and Galxe, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| imvu.com | 2004 | Mountain View, United States | $65M | 229 | Provider of an online 3D avatar-based social network | |
| figment.io | 2018 | Toronto, Canada | $165M | 164 | Staking solutions are delivered via an online platform. | |
| meta.com | 2004 | Menlo Park, United States | $3.4M | 67,317 | Metaverse platforms and VR devices are developed for immersive interactions. | |
| galxe.com | 2021 | San Mateo, United States | $10M | – | Infrastructure for Web3 credential curation from multiple sources is offered. | |
| zepeto.me | 2018 | Seongnam-si, South Korea | $154.6M | – | Metaverse social platform offering 3D character creation | |
| vrchat.com | 2014 | San Francisco, United States | $110M | 34 | Provider of a VR-based social platform | |
| digitalasset.com | 2014 | New York, United States | $317.16M | – | Blockchain platforms for business applications are developed and provided. | |
| oceanprotocol.com | 2017 | Singapore | – | – | Data exchange platform is provided for sharing and monetizing data. |
Detailed competitors of Phi
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 Phi
Complete news archive for Phi
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 Phi
10 companies that operate in the same segment as Phi (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Phi
Phi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Phi is headquartered in Tokyo, Japan. It is registered at Tokyo, Tokyo, Japan.
Phi is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Feb 2023.
A service is provided by Phi to enable users to visualize and build their on-chain identities through web3 cities linked to wallet activities. Solutions are offered for creating personalized digital personas using ENS domains and tradable ERC-1155 tokens. Engagement is facilitated through quests and community interactions within the web3 ecosystem. The platform targets users interested in blockchain and decentralized identity solutions.
Phi's top competitors include Consensys, Digital Asset and Figment.
Phi offers Phi Land and Phi Quest.
Phi has 17 investors. Key investors include Polygon, Mask Network, Lens, NeW, and Chapter One.
Phi operates through Phi.