Startup Atlas · Blockchain

Polygon Unicorn

Polygon Labs ● Mumbai, Maharashtra ● Founded 2017 ● polygon.technology ↗
Jaynti Kanani · Co-founder Sandeep Nailwal · Co-founder & Executive Chairman, Polygon Labs Anurag Arjun · Co-founder Mihailo Bjelic · Co-founder
$455.11 MnTotal funding (tracked)
4Funding rounds
7 Feb 2022Last round
439Team size (sourced)

Polygon: Funding Rounds

0100200300400500$MSeed: $0.17M0.17Jan '19Undisclosed: $4.94M4.9Apr '19Series B (private token purchase): $450M450Feb '22

Disclosed round amounts over time, USD millions.

Date Round Amount Investors Source
7 Feb 2022 Series B (private token purchase) $450 Mn private token purchase Sequoia Capital India Alameda Research Animoca Brands Elevation Capital Galaxy Digital Makers Fund Republic Capital SoftBank Vision Fund Steadview Capital Tiger Global Management source
30 Apr 2019 Seed Undisclosed Coinbase Ventures source
26 Apr 2019 Undisclosed $4.94 Mn Binance Launchpad (public token sale) source
15 Jan 2019 Seed $165K Undisclosed seed investors source

Polygon: Investors

Sequoia Capital India Alameda Research Animoca Brands Elevation Capital Galaxy Digital Makers Fund Republic Capital SoftBank Vision Fund Steadview Capital Tiger Global Management Coinbase Ventures Binance Launchpad (public token sale) Undisclosed seed investors

Acquisitions

DateAcquirerAcquiredAmountSource
13 Jan 2026 Polygon Coinme $250 Mn+ combined with Sequence (individual split undisclosed; ~$100-125 Mn reported for Coinme) source
13 Jan 2026 Polygon Sequence $250 Mn+ combined with Coinme (individual split undisclosed; ~$125-150 Mn reported for Sequence) source
4 Jun 2024 Polygon Toposware ~$30-50 Mn (reported, undisclosed officially) source
9 Dec 2021 Polygon Mir $400 Mn (cash + MATIC tokens) source
14 Aug 2021 Polygon Hermez Network $250 Mn (in MATIC tokens) source

FAQs on Polygon

How much funding has Polygon raised?

Polygon has raised $455.11 Mn across 4 tracked funding round(s), most recently on 2022-02-07. Figures are compiled from cited public sources.

Who are the investors in Polygon?

Investors in Polygon include Sequoia Capital India, Alameda Research, Animoca Brands, Elevation Capital, Galaxy Digital, Makers Fund, Republic Capital, SoftBank Vision Fund.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: en.wikipedia.org www.reveliolabs.com tracxn.com · Last verified 23 Oct 2026. · Report a correction