Bancor

A decentralized liquidity network and DeFi ecosystem for onchain trading.

Fintech & Insurtech
Active
Pre-Funding Tel Aviv, Israel Founded 2017
Website ↗ LinkedIn
Last updated 2026-07-26
Total raised
$153.0M
Stage
Pre-Funding
Founded
2017
Headcount
63
HQ
Tel Aviv, Israel
Sector
Fintech & Insurtech

About

Bancor is an Israeli startup that developed a blockchain protocol network enabling decentralized exchange of cryptocurrencies without requiring traditional order books or matching buyers and sellers. It utilizes "Smart Tokens" and an automated market maker (AMM) smart contract to provide continuous liquidity. Bancor's flagship product, Carbon DeFi, offers automated trading with features like zero slippage and immunity to MEV sandwich attacks. The Bancor Protocols are governed by the Bancor DAO, a community of BNT token holders.

Funding history · 1 round · $153.0M total

2017-05
Undisclosed Round $153.0M
★ Tim Draper

Headcount over time

From 89 (2018-02) to 65 (2026-03) · -24 (-27%) · 20 points · source: Finder history + radar grounding
1220 2018-02 2026-03

Q&A

What is Bancor's primary business?
Bancor is an Israeli startup that developed a blockchain protocol network for decentralized exchange of cryptocurrencies, utilizing "Smart Tokens" and an automated market maker (AMM) smart contract to provide continuous liquidity. Its flagship product, Carbon DeFi, offers automated trading with features like zero slippage.
How much capital has Bancor raised to date?
Bancor has raised a total of $153,000,000.
What was Bancor's most recent funding round?
Bancor completed an ICO in June 2017, raising $153,000,000 with participation from Tim Draper.
What is Bancor's current employee count?
Bancor currently has 63 employees, falling within the 51-200 employee bucket.
What is the primary sector Bancor operates in?
Bancor's primary sector is Fintech & Insurtech.
Who are the co-founders of Bancor?
The co-founders of Bancor are Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yudi Levi.
Has Bancor faced any recent legal challenges?
In May 2023, the Bancor DAO was hit with a class-action suit concerning promises related to impermanent loss protection.

Team · 4

Galia Benartzi
Founder · Co-Founder
Guy Benartzi
Founder · Co-Founder
Eyal Hertzog
Founder · Co-Founder
Yudi Levi
Founder · Co-Founder

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Data StorageDLT & BlockchainPlatforms & InterfacesWeb
Target customers
ConsumersEnterprise & Professional Services
Business model
B2BB2C

Highlights

Verified

Tags

defifintechblockchain
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