When was Wormhole founded?

Wormhole was founded in 2020 and become a unicorn in its 1st funding round in 2023.

Where is Wormhole located?

Wormhole is headquartered in George Town, Cayman Islands.

Who is the current CEO of Wormhole?

Raouf Serir and Ziggy Krzysciak s of Wormhole. Raouf Serir has also founded 1 company.

How many employees does Wormhole have?

As of Jan 31, 2026, the latest employee count at Wormhole is 29.

Is Wormhole a funded company?

Wormhole is a funded company, having raised a total of $225M in its 1st and only funding round, a Series D round on Nov 29, 2023.

How much is Wormhole worth?

The latest valuation of Wormhole is $16.5B as of Apr 03, 2024.

When was the latest funding round of Wormhole?

Wormhole's latest funding was a $225M Series D round on Nov 29, 2023, with participation from 8 investors.

Is Wormhole a Blockchain Infrastructure company?

The primary sector of Wormhole is Blockchain Infrastructure.

Where does Wormhole rank among its competitors?

Wormhole ranks 4th amongst 36 active competitors, of which 10 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was LayerZero Labs Canada Inc, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Wormhole?

Wormhole's top competitors include LayerZero Labs Canada Inc, Axelar and Element. Among them, LayerZero Labs Canada Inc secured the most recent funding round in February, 2026.

Wormhole - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Wormhole operate in

Wormhole serves in the High Tech, Blockchain Technology market segments.The primary business model of Wormhole are:

Company Details

Provider of blockchain interoperability platform. It enables cross-chain messaging, token transfers, queries, and settlement across blockchains for multichain DeFi applications, bridges, and infrastructure.

Website: wormhole.com
Social

Key Metrics

Founded Year

2020

Location

George Town, Cayman Islands

Stage

Series D

Total Funding

$225M in 1 round

Latest Funding Round

Series D, Nov 29, 2023, $225M

Post Money Valuation

$16.5B as on Apr 03, 2024

Investors

Jump Trading & 10 more

Ranked

4^th among 36 active competitors

Employee Count

29 as on Jan 31, 2026

Investment & Acquisitions

Mayan Finance & 5 more

Similar Companies

LayerZero Labs Canada Inc & 38 more

View Wormhole's full profile

Wormhole has raised a total funding of $225M over 1 round. Its latest funding round was a Series D round on Nov 29, 2023 for $225M. 8 investors participated in its latest round. Wormhole has 11 institutional investors.

Here is the list of recent funding rounds of Wormhole:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 29, 2023	$225M	Series D	$2.5B	-	Brevan Howard, Coinbase-ventures.com, Multicoin Capital, ParaFi, Borderless Capital, Arrington Capital, Jump Trading, Dialectic	-

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View details of Wormhole's funding rounds and investors

The founders of Wormhole is Raouf Serir. Raouf Serir and Ziggy Krzysciak are the CEOs of Wormhole.

Here are the details of Wormhole's key team members:

Raouf Serir: Founder & CEO of Wormhole.
Ziggy Krzysciak: CEO of Wormhole.

View details of Wormhole's Founder profiles and Board Members

Wormhole's employee count trend

Wormhole has 29 employees as of Jan 26. Here is Wormhole's employee count trend over the years:

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Top competitors of Wormhole include LayerZero Labs Canada Inc, Axelar and Element. Here is the list of Top 10 competitors of Wormhole, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LayerZero Labs Canada Inc 2021, Vancouver (Canada), Series B	Omnichain interoperability protocol that unites decentralized applications	$318M	Sequoia Capital, Andreessen Horowitz & 52 others	70/100
2nd	Axelar 2020, Toronto (Canada), Series B	Online platform for cross-chain communication for web3	$93.7M	Polychain, DCVC & 41 others	68/100
3rd	Element 2016, London (United Kingdom), Series B	Decentralized team messaging app for enterprises	$48.1M	Automattic, Notion & 7 others	66/100
4th	Wormhole 2020, George Town (Cayman Islands), Series D	Provider of blockchain interoperability platform	$225M	Brevan Howard, Multicoin Capital & 9 others	65/100
5th	Multichain 2020, Singapore (Singapore), Seed	Cross-chain router protocol for businesses	$60M	Binance, Circle Venture Capital & 10 others	49/100
6th	Sending.Network 2022, New York City (United States), Seed	Online platform offering messaging protocol solutions	$20M	Symbolic Capital, Yield Guild & 4 others	49/100
7th	Zero Tech 2021, San Francisco (United States), Unfunded	Decentralized cryptocurrency messenger platform	-	-	40/100
8th	Whisper 2020, South Korea, Unfunded	Blockchain-based messenger platform for wallets	-	-	39/100
9th	Glacis Labs 2024, New York City (United States), Seed	A router and firewall for cross-chain messages	$2M	Arrington Capital, Paper Ventures & 3 others	39/100
10th	Zeusnet 2022, Unfunded	Blockchain-based communication management protocol	-	-	35/100

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Wormhole has not made any acquisitions yet. Wormhole has made 6 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 11, 2024	Investments	Mayan Finance	2022	Las Vegas (United States)
Apr 10, 2024	Investments	Zoth	2022	Dover (United States)
Feb 07, 2024	Investments	Omega	2023	Miami (United States)