Fundz

Phantom Wallet raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm to accelerate crypto adoption.

PRIVATEJan 16, 2025

Amount Raised

$150 Million

Round Type

Series C

San FranciscoSoftwareBlockchainCryptocurrency

Investors

Andreessen HorowitzParadigmVariantSequoia Capital

Description

Phantom Wallet has raised $150 million in a Series C funding round, achieving a valuation of $3 billion. Investors include Sequoia Capital, Paradigm, a16z, and Variant. The company aims to enhance its position as a leading crypto wallet with 15 million monthly active users and $25 billion in self-custody assets.

Quick answer

Phantom Wallet raised $150 Million in a Series C round, dated January 16, 2025. Investors: Andreessen Horowitz, Paradigm, Variant and Sequoia Capital. Phantom Wallet is based in San Francisco, California, United States.

How much did Phantom Wallet raise?
Phantom Wallet raised $150 Million in a Series C round on January 16, 2025.
Who invested in Phantom Wallet?
Andreessen Horowitz, Paradigm, Variant and Sequoia Capital are named as investors in this round.
What does Phantom Wallet do?
Phantom Wallet is a leading crypto wallet application that has gained significant popularity among users for its self-custody capabilities.
Where is Phantom Wallet based and how big is it?
Phantom Wallet is based in San Francisco, California, United States.
Who are the decision-makers at Phantom Wallet?
Fundz holds 2 contacts at Phantom Wallet. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Phantom Wallet that raised within 45 days of this round, from Fundz verified event records.

  • Simple Proof raised an undisclosed amount (Pre-Seed) on January 23, 2025.
  • Analog raised $237K on January 21, 2025.
  • MoonPay raised $2.3M on January 9, 2025.
  • JAN3 raised $5M (Seed) on January 6, 2025.
  • Lantern Finance raised $1M (Pre-Seed) on February 28, 2025.
  • Aegis raised $2M (Pre-Seed) on February 25, 2025.

Who to call at Phantom Wallet, and when

A new round usually means Phantom Wallet is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Phantom Wallet raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Phantom Wallet, from your own LinkedIn network

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Company Information

Company

Phantom Wallet

Location

San Francisco, California, United States

About

Phantom Wallet is a leading crypto wallet application that has gained significant popularity among users for its self-custody capabilities. With 15 million monthly active users and $25 billion in assets, it has established itself as the dominant player in the crypto wallet sector. The company aims to accelerate crypto adoption and broaden its influence in the consumer finance space. Its recent funding round highlights its robust growth and ambitious plans for the future.

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Related People

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Phantom Wallet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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