About StormX
StormX is a company based in Seattle (United States) founded in 2014 by Calvin Hsieh and Simon Yu. StormX has raised $15.03 million across 3 funding rounds from investors including PayPal, Plug and Play Tech Center and Optimista Capital. StormX offers products and services including StormX App, Chrome Extension, and Referral Program. StormX operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Clickworker, among others.
- Headquarter Seattle, United States
- Founders Calvin Hsieh, Simon Yu
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Stormx Singapore Pte Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$15.03 M (USD)
in 3 rounds
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Latest Funding Round
$9 M (USD), Series A
Jul 27, 2021
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Investors
PayPal
& 2 more
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Employee Count
Not available
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Products & Services of StormX
StormX offers a comprehensive portfolio of products and services, including StormX App, Chrome Extension, and Referral Program.
App for earning crypto cashback on online purchases
Extension to activate rewards at partnered stores
Program for earning from friends' shopping activities
People of StormX
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Funding Insights of StormX
StormX has successfully raised a total of $15.03M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in July 2021. 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 StormX
StormX has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, Plug and Play Tech Center and Optimista Capital.
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Blockchain startups are incubated by venture capital-backed Optimista Capital.
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Startups are accelerated and invested in across multiple tech sectors.
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Online payment solutions are offered to consumers and businesses.
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Investor details for StormX
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by StormX
Investment portfolio details for StormX
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- Portfolio identities
- Transaction dates
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Financial Statements - StormX
Detailed financials for StormX
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- Historical revenue
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Stormx Comparisons
Peer comparison for StormX
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of StormX
StormX 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 Upwork, Fiverr, Iziwork, Freelancer and Clickworker, among others.
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Businesses are connected with freelancers via an online marketplace.
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Freelance services are facilitated via an online multi-industry marketplace.
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Freelancers are matched with employers via an online job platform.
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An online marketplace is operated for freelancers in various industries.
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Data processing tasks are crowdsourced via an online marketplace.
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Freelance marketplace operated to connect experts with company projects.
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Detailed competitors of StormX
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Latest news on Stormx
Complete news archive for StormX
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Frequently Asked Questions about StormX
StormX was founded in 2014 and raised its 1st funding round 3 years after it was founded.
StormX is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Simon Yu is the current CEO of StormX. They have also founded this company.
StormX is a funded company, having raised a total of $15.03M across 3 funding rounds to date.
StormX was founded in 2014 in Seattle, United States, as a blockchain-based marketplace for micro-tasks. Freelancers are linked with opportunities in QA testing, machine learning, P2P tasks, and related services. Users access earning options through consumer products and services via the platform. The application is distributed on Google Play Store and iOS for mobile use.
StormX's top competitors include Upwork, Fiverr and Freelancer.
StormX offers StormX App, Chrome Extension, and Referral Program.
StormX has 3 investors. Key investors include PayPal, Plug and Play Tech Center, and Optimista Capital.