China · Series C startup
3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
Valuation: $3.0B, Mar 2026
Funding summaryUpdated 26 Oct 2026
$165Mraised across 3 rounds since 2013, from 3 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
Source recorded
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Sequoia Capital
Andreessen Horowitz
Lightspeed Venture Partners
Kleiner Perkins Caufield & Byers
Paradigm
A16z CryptoMatrix PartnersMissing a round, or an investor who was in one? Tell us.
These 3 firms list Phantom as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Phantom's investors include Sequoia Capital, Andreessen Horowitz, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Paradigm, and 2 more on record.
Phantom has raised $165M across 3 rounds since 2013.
Phantom's most recent round was a Series C of $150M in Jan 2025.
Its most recent round, $150M in Jan 2025, is also its largest on record.
Phantom's first round on record, in Nov 2013, was backed by Matrix Partners.
Phantom's latest named round is a Series C, in Jan 2025.
Phantom is based in China.
In the same sector, and raised in the last eighteen months.
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China · 
