Bancor

company

About

Bancor is crypto company protocol for the creation of Smart Tokens that touts a decentralized exchange service.

Details

Last Funding Type
Initial Coin Offering
Last Funding Money Raised
$152.30M
Industries
Cryptocurrency,Financial Services,FinTech
Founded date
Aug 21, 2016
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Bancor Network, Bancor Protocol
Also Known As
Bancor Network

Bancor Protocol™ is a standard for the creation of Smart Tokens™, cryptocurrencies with built-in convertibility directly through their smart contracts. Bancor utilizes an innovative token “Connector” method to enable formulaic price calculation and continuous liquidity for all compliant tokens, without needing to match two parties in an exchange. Smart Tokens™ interconnect to form token liquidity networks, allowing user-generated cryptocurrencies to thrive. For more information, please visit the website and read the Bancor Protocol™ Whitepaper.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$152.31M
Bancor has raised a total of $152.31M in funding over 2 rounds. Their latest funding was raised on Feb 1, 2018 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2018 Seed 1 KR1 Detail
Jul 6, 2017 Initial Coin Offering $10K Detail
Jun 12, 2017 Initial Coin Offering $152.30M 5 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Bancor has made 2 investments. Their most recent investment was on May 7, 2018, when Spacemesh raised $3M.
Date Company Name
Round Money Raised Industry Lead Investor
May 7, 2018 Spacemesh
Seed $3M Blockchain
Apr 18, 2018 Chiliz
Series Unknown $66M Blockchain

Investors

Number of Lead Investors
Number of Investors
1
6
Bancor is funded by 6 investors. KR1 and Blockchain Capital are the most recent investors.
Investor Name Lead Investor Funding Round
KR1 Yes Seed
Blockchain Capital Initial Coin Offering
Alexis Berthoud Initial Coin Offering
ICONIZ Initial Coin Offering
James Sowers Initial Coin Offering
Tim Draper Initial Coin Offering

Employee Profiles

Number of Employee Profiles
20
Bancor has 20 current employee profiles, including Employee Yoni Assia
Employee
Employee
Employee
Advisor
Employee