Hedera Hashgraph Valuation, Funding & Investors
Hedera Hashgraph is valued at $7M as of April 2021.
Last Hedera Hashgraph valuation
$7M
Seed · Apr 2021
Last Hedera Hashgraph funding round
$2M
Seed · Apr 2021
Cumulative funding Hedera Hashgraph raised
$127M
across 4 funding rounds
Key investors in Hedera Hashgraph
Kosmos Ventures
Digital Currency Group
DHVC
FirstMile Ventures
Oyster Ventures
BlockTower Capital
About Hedera Hashgraph
Hedera Hashgraph is a public distributed ledger platform utilizing hashgraph consensus technology for high-speed, secure decentralized applications. Headquartered in Las Vegas, Nevada, it processes over 10,000 transactions per second with finality in seconds, supporting smart contracts, tokenization, and NFTs. Governed by a council of up to 39 global enterprises including Google, IBM, Boeing, and Deutsche Telekom, Hedera launched its mainnet in 2019. The platform serves sectors like finance, supply chain, and gaming, with HBAR as its native cryptocurrency traded on major exchanges.
Founded
2018
HQ
Dallas, TXWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$7M (Apr 2021)
Hedera Hashgraph Valuation
Hedera Hashgraph is currently valued at $7M, based on its seed round in April 2021.
The $2M round was led by Ashikur Rahaman.
Hedera Hashgraph's valuation has moved from $6B at its undisclosed-stage round in August 2018 to $7M in April 2021, across 2 priced rounds.
Hedera Hashgraph valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2021 | Seed | $7M |
| Aug 2018 | Undisclosed stage | $6B |
Hedera Hashgraph Funding History
Hedera Hashgraph has raised a total of $127M across 4 funding rounds.
Hedera Hashgraph's first fundraising round was a $18M undisclosed-stage round in March 2018. The most recent completed round was a $2M seed round in April 2021.
Hedera Hashgraph funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2021 | Seed | Ashikur Rahaman (lead) | $2M | $7M | - |
| Feb 2021 | Series A | Tata Communications (lead); Unanimous Capital; PALcapital; Continue Capital; Boeing HorizonX Ventures; Dominet Venture Partners; Centrum Alternative Investment Managers | $7M | - | Hedera Hashgraph raised $7 million in an undisclosed financing round on February 24, 2021, backed by investors including Boeing HorizonX Ventures and Tata Communications. The company, founded in 2018 by Leemon Baird, Mance Harmon, and Zenobia Godschalk, operates a public distributed ledger using hashgraph consensus technology for enterprise-grade applications. Hedera's Governing Council includes prominent organizations such as Boeing, Google, Deutsche Telekom, and Tata Communications. |
| Aug 2018 | Undisclosed stage | BlockTower Capital (lead); Visary Capital; Oyster Ventures; Kosmos Ventures; Eterna Capital; Haitao Capital; Blockwall; Elysium Venture Capital | $101M | $6B | Hedera Hashgraph, a distributed ledger technology (DLT) startup based in Dallas, raised $100 million in August 2018 from institutional and high net worth individual investors in a round led by BlockTower Capital. The funding delivered a $6 billion post-money valuation to the company. The round included participation from multiple venture capital firms and angel investors, with management and employees contributing over $10 million on the same terms as institutional investors. Separately, a concurrent accredited investor crowdsale targeted raising an additional $20 million under SEC Regulation D 506(c). Hedera's technology uses a directed acyclic graph (DAG) mathematical approach rather than blockchain, enabling the platform to process hundreds of thousands of transactions per second—substantially faster than competitors like Ethereum (fewer than 25 TPS) and Bitcoin (fewer than 10 TPS). The company was approaching completion of its initial network development at the time of the funding and planned to launch the network and provide early access to partners within the following month, with numerous distributed applications already in development for the platform. Token pricing in the round was set at $0.12 per token, with the $6 billion valuation calculated based on total token supply (implying a fully diluted basis). |
| Mar 2018 | Undisclosed stage | Digital Currency Group (lead); Polybius Capital; Kosmos Ventures; DHVC; FirstMile Ventures; Struck Crypto | $18M | - | Hedera Hashgraph is a public distributed ledger platform utilizing hashgraph consensus technology, enabling secure, fair, and high-speed decentralized applications without trusted intermediaries. The company unveiled its public ledger on March 15, 2018, coinciding with a funding round of $18 million from investors including Digital Currency Group as lead, as listed in funding tables. This followed years of development on the underlying hashgraph technology tested in private, permissioned environments with early customers. In Q1 2018, over 1,000 people attended the in-person unveiling, with 80,000 more viewing the livestream. By August 2018, Hedera announced a larger institutional funding round and accredited investor crowdsale, bringing total funding to $124 million held in fiat for operational runway. The mainnet launched in August, generating 50 billion HBAR tokens, the total supply. Hedera emphasized micropayments as a key differentiator for cost-effective, scalable transactions. In Q4 2018, it hosted its first global developer conference and hackathon, released an open-source SDK, and published formal proofs of its Asynchronous Byzantine Fault Tolerant properties. Customers demonstrated applications in music, pharmaceuticals, energy, and currency models. The platform positioned itself for enterprise adoption with governance by a council model, though early focus was on technology validation and network rollout. Total funding reached figures like $127.8 million across rounds. |
Who has invested in Hedera Hashgraph?
21 investors have backed Hedera Hashgraph across its funding rounds, including Kosmos Ventures, Digital Currency Group, DHVC, FirstMile Ventures, Oyster Ventures and BlockTower Capital.
Lead investors include Ashikur Rahaman, Tata Communications, BlockTower Capital and Digital Currency Group.
Hedera Hashgraph Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Perth | 2 | Participant | Mar 2018 | |
 Zug | 1 | Participant | Aug 2018 | |
| San Francisco, CA | 1 | Participant | Aug 2018 | |
 Mumbai | 1 | Lead | Feb 2021 | |
| San Francisco, CA | 1 | Participant | Feb 2021 | |
| Sydney | 1 | Participant | Mar 2018 | |
 Dhaka | 1 | Lead | Apr 2021 | |
| New York City, NY | 1 | Participant | Feb 2021 | |
| Stamford, CT | 1 | Lead | Mar 2018 | |
 London | 1 | Participant | Aug 2018 | |
| San Francisco, CA | 1 | Participant | Mar 2018 | |
| San Francisco, CA | 1 | Participant | Feb 2021 | |
 Shanghai | 1 | Participant | Aug 2018 | |
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Start Free TrialHedera Hashgraph Competitors
Hedera Hashgraph competitors include listed companies like Finexity and Goobit Group, and private ones like Binarii Labs, Ensurre, Sera and Apotheka Systems.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Germany | Publicly listed | $2M | ($1M) | $49M | 4.6x | |
 Sweden | Publicly listed | $10M | ($599K) | $943K | - | |
 Dublin | Private | - | - | $7M | - | |
| New York City, NY | Private | - | - | $7M | - | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Sera |  Central African Republic | Private | - | - | $7M | - |
| Los Angeles, CA | Private | - | - | $7M | - |
Hedera Hashgraph Public Comps
Hedera Hashgraph is still privately-owned, but its public comps include Tokentus Investment, HYLQ Strategy, Safello Group, Next Technology Holding, One Experience, Surgepays, TenX Protocols, Rocket Sharing, Advanced Blockchain and Blockmate Ventures.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $28K | ($2M) | 195.8x | - | (2.7x) | - | |||
| $17K | ($1M) | 409.0x | - | (5.4x) | - | |||
| $82M | ($1M) | 0.1x | - | (3.5x) | - | |||
| $12M | - | - | - | - | - | |||
| $5M | $106K | 1.6x | - | 77.5x | - | |||
| $57M | ($33M) | 0.4x | 0.4x | (0.7x) | (1.7x) | |||
| $102K | ($13M) | 21.7x | - | (0.2x) | - | |||
| $8M | $2M | 1.5x | - | 7.8x | - | |||
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Common questions about Hedera Hashgraph
| When was Hedera Hashgraph founded? | Hedera Hashgraph was founded in 2018. |
| Where is Hedera Hashgraph headquartered? | Hedera Hashgraph is headquartered in Dallas, TX, United States. |
| Is Hedera Hashgraph publicly listed? | No, Hedera Hashgraph is a private, VC-backed company. |
| What is Hedera Hashgraph's valuation? | Hedera Hashgraph was last valued at $7M in its seed round in April 2021. |
| How much funding has Hedera Hashgraph raised? | Hedera Hashgraph has raised $127M across 4 funding rounds. |
| What was Hedera Hashgraph's last funding round? | Hedera Hashgraph's last funding round was a $2M seed round in April 2021, led by Ashikur Rahaman. |
| Who are Hedera Hashgraph's investors? | Hedera Hashgraph's investors include Kosmos Ventures, Visary Capital, Oyster Ventures, Tata Communications, Unanimous Capital, Polybius Capital, Ashikur Rahaman, PALcapital, Digital Currency Group, Eterna Capital and 11 others. |
| Which companies are comparable to Hedera Hashgraph? | Companies comparable to Hedera Hashgraph include Finexity, Goobit Group, Binarii Labs, Ensurre, Sera and Apotheka Systems. |
See companies similar to Hedera Hashgraph
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