THORChain

Private

ZugCrypto & Web3https://thorchain.org/

Last Round

Initial Coin

Offering

Jul 21, 2019

Est. Valuation

$10M

Total Funding Raised

$1.3M

Company Overview

THORChain is a financial software company that has developed a decentralized cross-chain liquidity protocol for swapping native cryptocurrency assets.

Sector

Crypto & Web3

Verticals

DeFi, Cross-Chain, Blockchain Infrastructure, DAOs, Crypto Exchanges

Business Model

B2B2C

Customer Profile

Usage-Based SaaS, Marketplace Commission

AI Layer

Infrastructure

Keywords

cross-chain liquiditydecentralized exchangeDEXnative asset swapliquidity protocolcross-chain bridgeRUNEnon-custodial exchangeDeFiliquidity poolblockchain interoperabilitystreaming swapsDAOcrypto infrastructureAI agent infrastructure

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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THORChain Comparables

Compare THORChain with similar companies based on industry and business-model similarity.

THORChain comparables — related companies by embedding similarity
Company	Similarity	Market Cap
Maya Protocol	88%
Chainflip Labs	84%
Symbiosis Finance	83%

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THORChain Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Initial Coin Offering	Jul 21, 2019
Private Placement	Jul 1, 2019
Seed	Dec 1, 2018

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THORChain Investors

Notable investors and investment history

THORChain investors
Investor	Rounds
Delphi Ventures	Private Placement, Seed

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Market signals

Structured signals derived from secondary market and firmographic data.

Feb 24, 2026
Grew 75% QoQ, from 8 to 14 employees.
Jan 22, 2026
Grew 63% QoQ, from 8 to 13 employees.

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THORChain Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
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THORChain Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersZug

Employee Range14

Year Founded2018

Last FundingJul 21, 2019

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