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POLYGON TECHNOLOGY
Polygon Technology
Blockchain / Layer-2 Ethereum scaling protocol · Navi Mumbai, India · India · Founded · 2017 · ≈ · 316 · employees

Polygon Technology Funding History: Rounds, Investors & Valuation

Private

Polygon Technology has raised $456.4M across 3 funding rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Polygon Technology funding · at a glance
Total raised, all rounds
$456.4M
sum of disclosed sizes
Funding rounds
3
priced rounds
Latest round
Feb 2022
Feb 2022
Lead on that event
Sequoia Capital India
invited institutions
2022
About Polygon Technology

Polygon Labs counts Sequoia Capital India, Tiger Global, and SoftBank Vision Fund among its backers. Sequoia Capital India led a $450 million funding round for the company in February 2022, raised by selling MATIC tokens.

Funding timeline

The Polygon Technology funding timeline

3 funding rounds, the latest highlighted.

2017
Polygon Technology founded

Polygon Technology was founded in 2017, India.

APR 2019
Seed

A primary round — the company sells new shares to investors it selects. $450K raised, led by Coinbase Ventures.

Valuation basisAmount$450KPrice / shareLeadCoinbase Ventures
OCT 2020
Series A

A primary round — the company sells new shares to investors it selects. $6M raised, led by e.ventures.

Valuation basisAmount$6MPrice / shareLeade.ventures
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Polygon Technology funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
MATIC token sale LATEST
Feb 2022
$450M
—
—
Sequoia Capital India
invited institutions
Series A
Oct 2020
$6M
—
—
e.ventures
—
Seed
Apr 2019
$450K
—
—
Coinbase Ventures
—
Polygon Technology · investors

Investors

SSequoia Capital IndiaLEADEe.venturesLEADCoinbase VenturesLEADTiger GlobalSSoftBank Vision Fund

Frequently asked questions

Who are Polygon Technology's competitors?›

The closest blockchain / layer-2 ethereum scaling protocol peers are on the competitors page.

How can I get exposure to Polygon Technology?›

The routes section explains what is realistically available for a company at this stage.

Is Polygon Technology publicly traded?›

No. Polygon Technology is a private company; its shares do not trade on a public exchange.

Who has invested in Polygon Technology?›

Lead investors for each round are in the funding timeline.

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