How much funding has Portal raised?

Portal has raised $117.5M in total funding, most recently a Extension Round.

Who are Portal's investors?

Portal's investors include JTSA Global, Coinbase Ventures, Drive Capital, Arrington Capital, OKEx Blockdream Ventures, Gate.io.

Where is Portal headquartered?

Portal is headquartered in San Francisco, California, United States.

What industry is Portal in?

Portal operates in Crypto & Web3, Fintech.

Portal

Enabling P2P, decentralized, censorship-resistant apps as layers on Bitcoin

San Francisco, United States · Founded 2020 · $117.5M raised

Crypto & Web3

Fintech

Headquarters: San Francisco, California
Employees: 11–50
Founded: 2020
Business Model: B2C

Website: portaldefi.com
Total Funding: $117.5M
Last Round: $25.0M Extension RoundDec 2025
Rounds: 4

About

Portal (also known as Portal to Bitcoin, formerly Portal DeFi) is a decentralized financial services protocol headquartered in San Francisco, California. The company builds P2P, trust-minimized, censorship-resistant financial infrastructure as layers on top of Bitcoin, enabling cross-chain asset swaps, lending, borrowing, and trading without custodians or centralized intermediaries. The company raised $50 million in new financing in August 2025 to expand its Bitcoin-first protocol and has reached strategic partnerships with Bitlayer, Sovryn, and Tari. The company was founded in 2020 and has approximately 43 employees.

Summary

Portal is a Crypto & Web3 company based in San Francisco, United States, founded in 2020. It has raised $117.5M in total across 4 rounds, most recently a $25.0M Extension Round round in Dec 2025. Investors include JTSA Global, Coinbase Ventures and Drive Capital.