# The Open Network Foundation funding: rounds and investors

> The Open Network Foundation has raised $400M across 1 round since 2025. Investors include Sequoia Capital, FJ Labs and Benchmark. Every round with its source.

Source: https://millionrounds.com/company/the-open-network-foundation (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Token sale startup](https://millionrounds.com/companies)

# Who invested in *The Open Network Foundation*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$400M** raised across 1 round since 2025, from 1 source

- **Latest round:** Token sale, $400M Mar 2025
- **Investors:** 5

See who backed them

## The rounds

- **Mar 2025** Token sale **$400M** [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Benchmark](https://millionrounds.com/fund/benchmark) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Source recorded

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=the-open-network-foundation).

## Quick answers about The Open Network Foundation

### Who invested in The Open Network Foundation?

The Open Network Foundation's investors include Sequoia Capital, FJ Labs, Benchmark, Draper Associates and Ribbit Capital.

### How much has The Open Network Foundation raised?

The Open Network Foundation has raised $400M across 1 round since 2025.

### When did The Open Network Foundation last raise?

The Open Network Foundation's most recent round was a Token sale of $400M in Mar 2025.

### What was The Open Network Foundation's biggest round?

Its most recent round, $400M in Mar 2025, is also its largest on record.

### Who backed The Open Network Foundation first?

The Open Network Foundation's first round on record, in Mar 2025, was backed by Sequoia Capital, FJ Labs and Benchmark and 2 others.

### What stage is The Open Network Foundation at?

The Open Network Foundation's latest named round is a Token sale, in Mar 2025.

### Where is The Open Network Foundation based?

The Open Network Foundation is based in Switzerland.

## Companies like The Open Network Foundation

In the same sector, and raised in the last eighteen months.

[**CENSE** $7.6M · Jun 2026](https://millionrounds.com/company/cense)[**TVL Capital** $5.0M · Jun 2026](https://millionrounds.com/company/tvl-capital)[**Chronicle Labs** $12M · Jun 2026](https://millionrounds.com/company/chronicle-labs)[**Centrifuge** May 2026](https://millionrounds.com/company/centrifuge)[**Minima** $1.1M · May 2026](https://millionrounds.com/company/minima)[**Prismatic** $7.0M · Jan 2026](https://millionrounds.com/company/prismatic)

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