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Phantom

Phantom, a San Francisco-based non-custodial crypto wallet founded in 2021, has raised a total of $277 million in funding, including a $150 million Series C round in January 2025 at a $3 billion valuation, co-led by Sequoia Capital and Paradigm. Earlier rounds include a $109 million Series B (January 2022), led by Paradigm, and a $9 million Series A (July 2021), led by Andreessen Horowitz. Phantom’s wallet supports multi-chain assets, NFT management, token staking, and swapping, all with strong user growth and security features.

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Quick facts

Total funding
$277 million
Valuation
$3 billion
Founded
2021

Notable investors

  • Sequoia Capital
  • Paradigm

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