About Zengo
Zengo is a company based in Tel Aviv (Israel) founded in 2017 by Ouriel Ohayon was acquired by eToro in April 2026. Zengo has raised $52 million across 4 funding rounds from investors including eToro, Samsung and FJ Labs. Zengo has completed 1 acquisition, including Minke. Zengo operates in a competitive market with competitors including Centbee, Ethos.io, Bitski, Lit Protocol and Cosmostation, among others.
- Headquarter Tel Aviv, Israel
- Founders Ouriel Ohayon
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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People of Zengo
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Funding Insights of Zengo
Zengo has successfully raised a total of $52M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $24 million completed in May 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 4
- Last Round Series A — $24.0M
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First Round
First Round
(02 Oct 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Zengo | Valuation | Insight Partners | |
| Apr, 2021 | Amount | Series A - Zengo | Valuation | Insight Partners | |
| Apr, 2019 | Amount | Series A - Zengo | Valuation | Benson Oak Ventures , Samsung |
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Investors in Zengo
Zengo has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include eToro, Samsung and FJ Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Blockchain projects are funded by this venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zengo
Zengo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Minke.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cryptocurrency is saved, earned, and invested through an online platform.
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2021 |
Financial Statements - Zengo
Zengo Comparisons
Competitors of Zengo
Zengo 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 Centbee, Ethos.io, Bitski, Lit Protocol and Cosmostation, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based cold wallet for cryptocurrency
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| domain | founded_year | HQ Location |
Blockchain protocols and financial systems are bridged by Ethos.io's platform.
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| domain | founded_year | HQ Location |
A cold wallet for managing cryptocurrencies and collectibles is provided.
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| domain | founded_year | HQ Location |
Blockchain-based network for decentralized composability and encryption
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| domain | founded_year | HQ Location |
Wallet solutions for digital assets are provided through decentralized platforms.
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| domain | founded_year | HQ Location |
Multi-chain digital wallet for EOS blockchain users is developed.
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Frequently Asked Questions about Zengo
Zengo was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Zengo is headquartered in Tel Aviv, Israel.
Ouriel Ohayon is the current CEO of Zengo. They have also founded this company.
Zengo is a funded company, having raised a total of $52M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Oct 02, 2018.
ZenGo was founded in 2017 in Tel Aviv, Israel, within the cryptocurrency sector. A keyless mobile wallet is offered, replacing traditional private keys with open-source threshold cryptography and distributed servers. The application supports secure storage and transactions for digital assets and is available on Android and iOS platforms. Operations focus on user-friendly security without seed phrases or recovery tools.
Zengo's top competitors include Ethos.io, Bitski and Cosmostation.
Zengo has made 1 acquisition, including Minke.
Zengo has 13 investors. Key investors include eToro, Samsung, FJ Labs, Elron Ventures, and Insight Partners.