About Switchboard
Switchboard is a company based in Tallahassee (United States) founded in 2020 by Chris Hermida. Switchboard has raised $11 million across 2 funding rounds from investors including Mysten Labs, Tribe Capital and InfStones. Switchboard operates in a competitive market with competitors including Hubble Protocol and Socean.fi, among others.
- Headquarter Tallahassee, United States
- Founders Chris Hermida
- SectorsTechnology
- Email••••••••
- Website switchboard.xyz
- Social X
- Total Equity Funding$11M (USD)
in 2 rounds
- Latest Funding Round$7.5M (USD), Series A
May 2024
- InvestorsMysten Labs
& 16 more
Funding Insights of Switchboard
Switchboard has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in May 2024. 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 $11M
- Total Rounds 2
- Last Round Series A — $7.5M
- First Round $3.5M
(Jun 2021)
- Investors Count 17
All 2 funding rounds of Switchboard 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 2024 | $7.5M | Series A | – | Tribe Capital, RockawayX | |
| Jun 2021 | $3.5M | Seed | – | Lemniscap |
17 investors in total: 16 institutional and 1 angel.
Investors in Switchboard
Switchboard has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mysten Labs, Tribe Capital and InfStones.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in global seed and early-stage startups. | 2018 | tribecap.co | Menlo Park, United States | |
Early-stage web3 investments are targeted by RockawayX. | – | rockawayx.com | Prague, Czech Republic | |
Venture capital firm focused on early-stage infrastructure projects | – | bixinvc.com | Beijing, China | |
Venture capital investments are directed toward blockchain startups by Lemniscap. | – | lemniscap.com | George Town, Cayman Islands | |
Early-stage crypto projects in culture and consumer tech are funded. | – | collabcurrency.com | Eugene, United States | |
Investments in cryptocurrencies are managed by Divergence Ventures. | – | div.vc | San Francisco, United States | |
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | mystenlabs.com | Palo Alto, United States | |
Decentralized infrastructure network for finance | 2018 | infstones.com | Palo Alto, United States | |
Manages diversified investment portfolios across multiple asset classes. | 2019 | cmsholdings.io | Memphis, United States | |
Taureon is engaged in investment management and consulting for distributed ledger technology. | – | taureon.io | - |
Investor details for Switchboard
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.
People of Switchboard
5 people are tracked at Switchboard (2 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Chris Hermida | Co-Founder & CEO | Leadership |
Jackson Jessup | Director of Product Engineering | Leadership |
Scott King | DevOps Engineer | Team |
Joshua Kaufman | Advisor | Team |
Alex Stewart | Senior Software Engineer | Team |
Complete people profiles for Switchboard
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Switchboard
3 dated milestones of Switchboard across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Switchboard is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series A, of $7.5M.
Competitors of Switchboard
Switchboard 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 Hubble Protocol and Socean.fi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hubbleprotocol.io | 2021 | London, United Kingdom | $18.6M | – | Blockchain-based fee-sharing decentralized finance protocol built on Solana | |
| socean.fi | 2021 | Solana Beach, United States | – | – | Algorithmic stake pools are operated on the Solana blockchain network. |
Detailed competitors of Switchboard
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 Switchboard
The website of Switchboard (switchboard.xyz) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 45.1% vs previous month
Latest news on Switchboard
Complete news archive for Switchboard
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 Switchboard
10 companies that operate in the same segment as Switchboard (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 | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Switchboard
Switchboard was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Switchboard is headquartered in Tallahassee, United States. It is registered at Tallahassee, Florida, United States.
Chris Hermida is the current CEO of Switchboard. They have also founded this company.
Switchboard is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jun 2021.
Switchboard was founded in 2020 in Tallahassee, United States, as a decentralized oracle network within the Solana blockchain ecosystem. Data feeds from any API are created by builders to integrate external information on-chain. Developers are enabled to publish various forms of data directly onto the Solana network. Operations focus on enhancing data accessibility and reliability in decentralized applications across the blockchain sector.
Switchboard's top competitors include Hubble Protocol and Socean.fi.
Switchboard has 17 investors. Key investors include Mysten Labs, Tribe Capital, InfStones, RockawayX, and OtterSec.