About Tangem
Tangem is a company based in Zug (Switzerland) founded in 2017 by Andrew Pantyukhin and Andrey Kurennykh. Tangem has raised $23 million across 2 funding rounds from investors including SBI Group and Shima Capital. Tangem operates in a competitive market with competitors including Ledger, Coolwallet, Ballet, Shift Cryptosecurity and TREZOR, among others.
- Headquarter Zug, Switzerland
- Founders Andrew Pantyukhin, Andrey Kurennykh
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$23 M (USD)
in 2 rounds
-
Latest Funding Round
$8 M (USD), Series A
May 02, 2023
-
Investors
SBI Group
& 1 more
-
Employee Count
Not available
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
People of Tangem
Unlock access to complete
Funding Insights of Tangem
Tangem has successfully raised a total of $23M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in May 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.
Investors in Tangem
Tangem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SBI Group and Shima Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Blockchain investments are focused on by Shima Capital.
|
Locked | Locked | Locked | |
|
Diversified operations in finance, biotech, and healthcare are managed.
|
Locked | Locked | Locked |
Investor details for Tangem
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Tangem
Investment portfolio details for Tangem
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Tangem
Detailed financials for Tangem
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tangem Comparisons
Peer comparison for Tangem
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Tangem
Tangem 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 Ledger, Coolwallet, Ballet, Shift Cryptosecurity and TREZOR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Ledger is recognized for providing secure cryptocurrency hardware wallets.
|
|
| Locked | Locked | Locked |
Hardware wallet for cryptocurrencies
|
|
| Locked | Locked | Locked |
Hardware solutions for cryptocurrency wallets are provided.
|
|
| Locked | Locked | Locked |
Bitcoin hardware wallet
|
|
| Locked | Locked | Locked |
A Bitcoin Hardware Wallet
|
Detailed competitors of Tangem
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tangem
Complete news archive for Tangem
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.
Frequently Asked Questions about Tangem
Tangem was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Tangem is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
Andrew Pantyukhin is the current CEO of Tangem. They have also founded this company.
Tangem is a funded company, having raised a total of $23M across 2 funding rounds to date.
Tangem was founded in 2017 and is headquartered in Zug, Switzerland. Hardware wallets utilizing NFC technology are offered for cold storage of cryptocurrencies. High-grade EAL6 security protection is incorporated into these solutions. Off-chain transactions via NFC are also facilitated, supporting users in the cryptocurrency sector with reliable storage and interaction options.
Tangem's top competitors include Ledger, Coolwallet and CoolBitX.
Tangem has 2 investors. Key investors include SBI Group, and Shima Capital.