About Swell Network
Swell Network is a company based in Sydney (Australia) founded in 2021 by Daniel Dizon.. Swell Network has raised $3.75 million across 1 funding round from investors including Framework Ventures, Maven 11 and IOSG Ventures. Swell Network offers products and services including rswETH, swBTC, swETH, and earnETH. Swell Network operates in a competitive market with competitors including CyberConnect, Lido, EigenLayer, P2P and Jito Labs, among others.
- Headquarter Sydney, Australia
- Founders Daniel Dizon
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Swell Network
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.75 M (USD)
in 1 rounds
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Latest Funding Round
$3.75 M (USD), Seed
Mar 18, 2022
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Investors
Framework Ventures
& 11 more
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Employee Count
Employee Count
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Products & Services of Swell Network
Swell Network offers a comprehensive portfolio of products and services, including rswETH, swBTC, swETH, and earnETH. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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Funding Insights of Swell Network
Swell Network has successfully raised a total of $3.75M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.75 million completed in March 2022. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $3.8M
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First Round
First Round
(18 Mar 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Swell Network | Valuation | Framework Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swell Network
Swell Network has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Framework Ventures, Maven 11 and IOSG Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Blockchain startups are funded by Framework Ventures venture capital.
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Founded Year | Domain | Location | |
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Venture capital is provided to tech startups by Maven 11.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by IOSG Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swell Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Swell Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swell Network Comparisons
Competitors of Swell Network
Swell Network 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 CyberConnect, Lido, EigenLayer, P2P and Jito Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web3 social network platform
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| domain | founded_year | HQ Location |
Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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| domain | founded_year | HQ Location |
Platform offering a set of smart contracts on Ethereum
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| domain | founded_year | HQ Location |
Non-custodial staking platform for cryptocurrencies is provided to users.
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| domain | founded_year | HQ Location |
Software for validators to earn more rewards with mining
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| domain | founded_year | HQ Location |
Decentralized staking for Avalanche subnets is facilitated through liquid pools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swell Network
Frequently Asked Questions about Swell Network
When was Swell Network founded?
Swell Network was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Swell Network located?
Swell Network is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Swell Network?
Daniel Dizon is the current CEO of Swell Network. They have also founded this company.
Is Swell Network a funded company?
Swell Network is a funded company, having raised a total of $3.75M across 1 funding round to date. The company's 1st funding round was a Seed of $3.75M, raised on Mar 18, 2022.
What does Swell Network do?
Swell Network was founded in 2021 in Sydney, Australia, within the cryptocurrency sector. Non-custodial staking solutions for Ethereum are offered, enabling liquid or unlocked participation to earn rewards. High-yield options for liquid Ethereum staking are included, along with additional returns-focused services. Operations focus on secure, user-controlled staking without asset custody.
Who are the top competitors of Swell Network?
Swell Network's top competitors include Lido, EigenLayer and CyberConnect.
What products or services does Swell Network offer?
Swell Network offers rswETH, swBTC, swETH, and earnETH.
Who are Swell Network's investors?
Swell Network has 12 investors. Key investors include Framework Ventures, Maven 11, IOSG Ventures, Apollo Capital, and Mark Cuban.
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