Balancer
AMMs made easy
Founded 2018 · $32.3M raised
- Employees
- 11–50
- Founded
- 2018
- Business Model
- Marketplace
- Website
- balancer.exchange
- Total Funding
- $32.3M
- Last Round
- $24.3M Series AMay 2021
- Rounds
- 3
About
Balancer is a decentralized, non-custodial automated market maker (AMM) protocol on Ethereum and other EVM-compatible chains that lets users create and trade customizable liquidity pools with flexible token weightings, providing fungible and yield-bearing liquidity across DeFi. Co-founded by Fernando Martinelli and Mike McDonald, the protocol launched on Ethereum mainnet in March 2020 and pioneered self-balancing weighted pools. In March 2026, Balancer Labs — the for-profit company behind the protocol — announced it would wind down as a corporate entity following a major exploit, though the decentralized Balancer protocol itself continues to operate.
Summary
Balancer is a Crypto & Web3 company, founded in 2018. It has raised $32.3M in total across 3 rounds, most recently a $24.3M Series A round in May 2021. Investors include Accomplice, Three Arrows Capital and Defiance Ventures.
Tech & App Stack
15 technologies & apps tracked
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Sign up to view the funding chart
Create a free account with 25 free credits every month, no card needed, to unlock funding history, valuations, and tech stacks.
May 2021
Sign up to see all 3 rounds
Full funding history, per-round amounts, and investor participation.
Investors
Similar Companies
Blockchain software company that developed the EOS.IO protocol, raising $4B+ in a record-breaking...

Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
Operator of renewable-powered data centers offering AI cloud, GPU compute, and Bitcoin mining inf...

FTX provides field service management and asset management solutions.

Humanoid robotics company building general-purpose autonomous robots for commercial deployment

Enterprise-grade digital asset infrastructure platform enabling fintechs, banks, and payment prov...