About Squid
Squid is a company based in Switzerland founded in 2023. It operates as a API-as-a-Product and Brokerage / Intermediation. Squid has raised $13.5 million across 3 funding rounds from investors including Axelar, Polychain and Typhon Ventures. Squid offers products and services including Squid App, NFT Checkout, and Buy Button. Squid operates in a competitive market with competitors including Entangle, UX, LI.FI, UXUY Protocol and ChainPort, among others.
- Headquarter Switzerland
- SectorsTechnology
- Email••••••••
- Website squidrouter.com
- Social X
- Total Equity Funding$13.5M (USD)
in 3 rounds
- Latest Funding Round$6M (USD), Series B
May 2026
- InvestorsAxelar
& 21 more
Products & Services of Squid
Squid offers a comprehensive portfolio of products and services, including Squid App, NFT Checkout, and Buy Button.
Tokens are swapped across 100+ blockchains with ease.
NFTs are purchased using any token seamlessly online.
Crypto purchases are enabled through a simple interface.
Funding Insights of Squid
Squid has successfully raised a total of $13.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in May 2026. 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 $13.5M
- Total Rounds 3
- Last Round Series B — $6M
- First Round $3.5M
(Jan 2023)
- Investors Count 22
All 3 funding rounds of Squid 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 |
|---|---|---|---|---|---|
| May 2026 | $6M | Series B | – | North Island Ventures | |
| Jan 2024 | $4M | Series A | – | Polychain | |
| Jan 2023 | $3.5M | Seed | – | North Island Ventures |
22 investors in total: 17 institutional and 5 angel.
Investors in Squid
Squid has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Axelar, Polychain and Typhon Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage B2B software and marketplaces are funded by Nomad Capital. | – | nomadcap.vc | - | |
Venture capital firm focused on the cryptocurrencies sector | – | northisland.ventures | New York, United States | |
Investment activities are focused on Bitcoin and related technologies. | – | maelstrom.fund | Brooklyn, United States | |
Early-stage fintech founders are supported with capital and expertise. | 2023 | departmentofxyz.com | New York, United States | |
Breed VC is focused on early stage crypto investments. | – | breed.vc | - | |
Early-stage funding is provided to web3 companies by the firm. | 2023 | typhon.vc | - | |
Blockchain projects are funded by this venture capital firm. | – | distributedglobal.com | Los Angeles, United States | |
Blockchain and decentralized networks are targeted for venture capital investments. | – | fabric.vc | Luxembourg, Luxembourg | |
Noble Capital is engaged in alternative investment management. | – | noblecapital.com | United States | |
Venture capital firm investing in multiple sectors | – | chapterone.com | Los Angeles, United States |
Investor details for Squid
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 Squid
3 dated milestones of Squid across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Squid is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series B, of $6.0M.
Competitors of Squid
Squid 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 Entangle, UX, LI.FI, UXUY Protocol and ChainPort, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| entangle.fi | 2021 | Dubai, United Arab Emirates | – | – | A liquidity-centric sub-layer is developed for cross-chain DeFi applications. | |
| ux.xyz | 2020 | Cayman Islands | $6.3M | – | Blockchain-based lending protocol is offered for web3 companies. | |
| li.fi | 2021 | Berlin, Germany | $23M | – | DEX aggregation for cross-chain bridging, swapping, and messaging is facilitated. | |
| uxuy.com | 2022 | Singapore | $10.2M | – | Cross-chain liquidity aggregation protocol is developed across multiple blockchains. | |
| chainport.io | 2017 | Tel Aviv, Israel | – | – | Blockchain-based bridge for crypto tokens | |
| dojima.network | 2020 | Bengaluru, India | $1M | – | Blockchain-based network for finance industry with cross-chain solutions is operated. | |
| zeusnetwork.xyz | 2023 | Taipei, Taiwan | $8M | – | Cross-chain communication layer built on SVM | |
| sienna.network | 2020 | Terrace, Canada | $11.2M | – | Private token swaps, lending, and conversions are enabled via blockchain. |
Detailed competitors of Squid
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.
Web traffic of Squid
The website of Squid (squidrouter.com) receives about 58.5K visits a month.
- Monthly visits58.5K
▲ 23.8% vs previous month
Websites whose visitors overlap most with Squid. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| horizen.io | 100% | 35.8K | #868,214 | View details | |
| routerprotocol.com | 98% | – | – | View details | |
| changehero.io | 94% | – | #447,250 | View details | |
| bitcompare.net | 94% | – | #671,298 | View details | |
| defiway.com | 94% | 31.8K | #898,443 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Squid
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Squid
Complete news archive for Squid
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 Squid
10 companies that operate in the same segment as Squid (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 Squid
Squid was founded in 2023.
Squid is headquartered in Switzerland.
Squid is a funded company, having raised a total of $13.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jan 2023.
Cross-chain token swapping and bridging are facilitated by Squid across over 100 blockchains. Access to various chains like Ethereum, Bitcoin, Solana, and Cosmos is provided. Solutions for buying, sending, and swapping crypto, as well as purchasing NFTs with any token, are offered. Integration of Squid SDK by over 400 teams for cross-chain deposits, staking, and minting is supported. High-speed transactions with low fees and top liquidity are ensured in the blockchain and cryptocurrency sector.
Squid's top competitors include Entangle, LI.FI and UXUY Protocol.
Squid offers Squid App, NFT Checkout, and Buy Button.
Squid has 22 investors. Key investors include Axelar, Polychain, Typhon Ventures, Nomad Capital, and North Island Ventures.