Shardeum

Zug, Switzerland Founded: 2021 • Age: 5 yrs
Online platform providing a blockchain network

About Shardeum

Shardeum is a company based in Zug (Switzerland) founded in 2021 by Omar Syed and Nischal Shetty. Shardeum has raised $23.6 million across 2 funding rounds from investors including Amber Group, Galxe and WeMade Entertainment. Shardeum offers products and services including Shardeum Blockchain, Testnet, and Token Sale. Shardeum operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

  • Headquarter Zug, Switzerland
  • Founders Omar Syed, Nischal Shetty
  • Sectors
    Technology
  • Website category Finance · Investing
  • Email
    ••••••••
  • Website shardeum.org
  • Social LinkedIn X YouTube
Key Metrics
  • Total Equity Funding
    $23.6M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.4M (USD), Seed

    Jul 2023

  • Investors
    Amber Group

    & 38 more

Products & Services of Shardeum

Shardeum offers a comprehensive portfolio of products and services, including Shardeum Blockchain, Testnet, and Token Sale.

Shardeum Blockchain
Blockchain Platform

Autoscaling EVM-based network for high-speed decentralized transactions.

Testnet
Development Tool

Platform for testing blockchain applications with community validators.

Token Sale
Financial Service

System for acquiring SHM tokens to support ecosystem growth.

Apps and channels of Shardeum

its YouTube channel Shardeum has 12.5K subscribers and 30 videos.

Shardeum
YouTube 12.5K subscribers 30 videos Science & Technology
Open channel

Videos from Shardeum

The most watched videos on Shardeum's YouTube channel, Shardeum (12.5K subscribers). Click a video to play it here.

Tutorial: One Click Node Setup on Mintair
1.6K views
Running a Shardeum Validator Node
750 views
Tutorial: Running a Validator Node on Atomium Incentivized Testnet Stage 3
589 views
How to Run a Shardeum Node on AWS
383 views

More on Shardeum.

Funding Insights of Shardeum

Shardeum has successfully raised a total of $23.6M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.4 million completed in July 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 $23.6M
  • Total Rounds 2
  • Last Round Seed — $5.4M
  • First Round $18.2M

    (Aug 2022)

  • Investors Count 39

All 2 funding rounds of Shardeum with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2023$5.4MSeed–J17 Capital, TRG Capital
Aug 2022$18.2MSeed–Spartan Group, Cogitent
Valuation history

39 investors in total: 30 institutional and 9 angel.

Investors in Shardeum

Shardeum has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amber Group, Galxe and WeMade Entertainment.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on growth equity investments on multiple sectors
–j17capital.comToronto, Canada
Multiple sectors are invested in by this micro VC fund.
–trgc.ioAmsterdam, Netherlands
Blockchain startups are incubated by venture capital-backed Jsquare.
–jsquare.coSingapore, Singapore
Venture capital and fund of funds focused on impact investments
–blue7.sgSingapore, Singapore
Advisory, venture capital, and startup services for blockchain are provided.
–spartangroup.ioSingapore, Singapore
-
–cogitent.ventures-
Seed & early stage tech-focused VC firm funding companies in North America
–struckcapital.comSanta Monica, United States
Blockchain sector focus is maintained by venture capital-backed accelerator.
–foresightventures.comShanghai, China
-
–coingecko.ventures-
Early-stage investments in disruptive technologies are targeted by the firm.
–mhventures.ioLondon, United Kingdom
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Investor details for Shardeum

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of Shardeum

9 people are tracked at Shardeum (5 in leadership, 4 in team).

NameRoleGroup
Omar Syed
Co-FounderLeadership
Nischal Shetty
Co-FounderLeadership
Ramprasad Vinayagamoorthy
Director - Digital Marketing & EventsLeadership
Rashmi Singh
Director FinanceLeadership
Subbiah Alagappan
Head Of Content, IndiaLeadership
Dmytro Kyfor
ContributorTeam
Sediyo Purnomo
ContributorTeam
Joseph Joe
ContributorTeam
Keerthivaasen V
Campus AmbassadorTeam
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Complete people profiles for Shardeum

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Timeline of Shardeum

3 dated milestones of Shardeum across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shardeum is founded.
  2. Funding First funding round of $18.2M.
  3. Funding Latest funding round, Seed, of $5.4M.

Competitors of Shardeum

Shardeum 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 Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
solana.com2010San Francisco, United States$374.15M62
Blockchain infrastructure for transactions and counting is provided by Solana.
ankr.com2017San Francisco, United States$16M4
Web3-native infrastructure for blockchain development and decentralization is provided.
mystenlabs.com2021Palo Alto, United States$336M–
Web3 infrastructure solutions are offered via a blockchain platform.
o1labs.org2017San Francisco, United States$29.4M21
Provider of a blockchain network
chain.com2014San Francisco, United States$39.5M–
Blockchain infrastructure is offered for financial application development.
dfinity.org2014Palo Alto, United States$164M–
A blockchain-based public network is operated for decentralized application development.
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Detailed competitors of Shardeum

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of Shardeum

The website of Shardeum (shardeum.org) receives about 50.3K visits a month and ranks #651,681 among all websites worldwide, #6,415 in Investing.

  • Monthly visits
    50.3K

    ▼ 9.7% vs previous month

  • Unique visitors
    25.3K

    per month

  • Global rank
    #651,681

    among all websites

  • Category rank
    #6,415

    Finance · Investing

Similar websites

Websites whose visitors overlap most with Shardeum. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
scalingparrots.com
scalingparrots.com
100%
–#3,654,584–
metlabs.io
metlabs.io
96%
–#1,505,172–
coinsbench.com
coinsbench.com
87%
–#679,592–
chainspect.app
chainspect.app
87%
–#660,651–
chainalysis.com
87%
268.8K#109,044View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for Shardeum

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Shardeum

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Complete news archive for Shardeum

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 Shardeum

10 companies that operate in the same segment as Shardeum (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Terraform Labs is engaged in blockchain technology development.
2018Singapore, SingaporeUSD 57 M––
Ledger is recognized for providing secure cryptocurrency hardware wallets.
2014Paris, FranceUSD 575.4 M––
Decentralized exchange platform for cryptocurrency trading is operated.
2018New York, New York, United StatesUSD 176 M–85
Developer of blockchain and web3 software platform
2014Fort Worth, Texas, United StatesUSD 725 M––
Public blockchain network platform
2017Zug, Zug, SwitzerlandUSD 542.29 M––
Scalable blockchain interoperability protocols are developed for enhanced network security.
2017George Town, Cayman IslandsUSD 450.75 M––
Blockchain-based PC and mobile games are developed and published.
2006Kowloon, Hong Kong, ChinaUSD 973.19 M––
Protocols for blockchain-based solutions are provided by Aptos.
2021Palo Alto, California, United StatesUSD 350 M––
Cloud-based blockchain platform for application development is provided.
2013San Francisco, California, United StatesUSD 597.81 M––
Blockchain-based fantasy sports marketplace is provided for multiple sports.
2018Saint-mande, Val-de-marne, FranceUSD 738.84 M––
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Frequently Asked Questions about Shardeum

Shardeum was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Shardeum is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.

Shardeum is a funded company, having raised a total of $23.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $18.2M, raised on Aug 2022.

Online platform providing a blockchain network. The features offered by the platform are the computing of users, smart contracts, energy-efficient consensus algorithms, and more. It supports the P2P exchange of digital assets, the building of dApps, and more.

Shardeum's top competitors include Mysten Labs, Solana and O(1) Labs.

Shardeum offers Shardeum Blockchain, Testnet, and Token Sale.

Shardeum has 39 investors. Key investors include Amber Group, Galxe, WeMade Entertainment, Bware Labs, and Nestcoin.

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