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Switchboard - About the company

Switchboard is a series A company based in Tallahassee (United States), founded in 2020 by . It operates as a Decentralized Oracle network for Solana. Switchboard has raised $11M in funding from investors like Lemniscap, Tribe Capital and RockawayX. The company has 4 active competitors, including 2 that are funded. Its top competitors are Hubble Protocol, Socean.fi and Firefly.

Company Details

Decentralized Oracle network for Solana. It allows builders to unlock the power of Solana by creating data feeds from any API. It also allows developers to publish any form of data on-chain.
Website
Social
Email ID
@switchboard.xyz
Key Metrics
Founded Year
2020
Location
Tallahassee, United States
Stage
Series A
Total Funding
in 2 rounds
Latest Funding Round
Investors
Ranked
1st among
Similar Companies

Switchboard's funding and investors

Switchboard has raised a total funding of $11M over 2 rounds. Its first funding round was on Jun 17, 2021. Its latest funding round was a Series A round on May 28, 2024 for $7.5M. 5 investors participated in its latest round, which includes mgnr, JST, Collab+Currency and Bixin Ventures.

Switchboard has 16 institutional investors including Lemniscap, Tribe Capital and RockawayX. Chris Mccann is only Angel Investor in Switchboard.

Here is the list of recent funding rounds of Switchboard:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
May 28, 2024
$7.5M
Series A
4733452
3667426
Jun 17, 2021
$3.5M
Seed
6161190
5829122
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Switchboard's founders and board of directors

The founders of Switchboard is . is the CEO of Switchboard.

Switchboard's Competitors and alternates

Top competitors of Switchboard include Hubble Protocol, Socean.fi and Firefly. Here is the list of Top 10 competitors of Switchboard, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Switchboard
Switchboard
2020, Tallahassee (United States), Series A
Decentralized Oracle network for Solana
$11M
mgnr, JSTÌý&²¹³¾±è;Ìý
45/100
2nd
Logo for Hubble Protocol
Hubble Protocol
2021, London (United Kingdom), Series A
Blockchain-based fee-sharing decentralized finance protocol built on Solana
$18.6M
Arbitrum, SolanaÌý&²¹³¾±è;Ìý
35/100
3rd
Logo for Socean.fi
Socean.fi
2021, Solana Beach (United States), Funding Raised
Blockchain-based network for algorithmic stake pool on Solana
-
DeFiance Capital, Valhalla CapitalÌý&²¹³¾±è;Ìý
23/100
4th
Logo for Firefly
Firefly
2019, Champaign (United States), Unfunded
Platform helping Ethereum smart contract developers write codes by testing coverage & checking properties
-
-
11/100
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Switchboard's Investments and acquisitions

Switchboard has made no investments or acquisitions yet.

Reports related to Switchboard

Here is the latest report on Switchboard's sector:
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News related to Switchboard

Media has covered Switchboard for a total of 2 events in the last 1 year.
•
Cnyes•May 28, 2024•Switchboard, Tribe Capital, RockawayX, Mysten Labs and 9 others
•
ChainCatcher•May 28, 2024•Switchboard, Bixin Ventures, OtterSec, InfStones and 10 others
•
Smartliquidity•Dec 10, 2022•Switchboard, Snowflake
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