Binance valuation, funding and investors
Binance works in cryptocurrency exchange and trading services, based in Singapore. Founded in 2017, it has about 14,700 employees.
VALUATION · TODAY
$22.34B +0% after Growth
Range $11.91B – $34.00B · Grade BTODAY
+12 MO
$10.00B
$20.00B
$30.00B
$40.00B
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Growth $2.00B
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY14,720 employees
+5%6m growth
+18%1y growth
+34%2y growth
10k
20k
Data from Jan 2021
Predicted in 1 yr $22.34B +0% vs today
Predicted next raise $2.31B if a round comes
Winding-down probability 0%
- Last round
- Growth · $2.00B · Jun 2025
- Valuation at last round
- $19.32B · implied
- Headcount
- 14,720 · up
- Grade
- B
- Founded
- 2017
Binance valuation today
VCMC values Binance at $22.3B today, with a range of $11.9B to $34.0B and a grade of B. The valuation starts from its last funding round, a growth round in Jun 2025.
Valuation by date (120 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2017 | $3.32M | $1.21M – $9.12M | $4.55M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $3.41M | $1.24M – $9.36M | $4.67M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $3.49M | $1.27M – $9.59M | $4.79M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $3.59M | $1.31M – $9.85M | $4.92M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $3.68M | $1.34M – $10.1M | $5.05M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $3.78M | $1.38M – $10.4M | $5.18M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $3.88M | $1.41M – $10.7M | $5.32M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $3.99M | $1.45M – $10.9M | $5.46M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $4.09M | $1.49M – $11.2M | $5.61M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $4.20M | $1.53M – $11.5M | $5.76M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $4.31M | $1.57M – $11.9M | $5.92M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $4.43M | $1.61M – $12.2M | $6.07M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $4.55M | $1.66M – $12.5M | $6.24M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $4.67M | $1.70M – $12.8M | $6.41M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $4.79M | $1.74M – $13.2M | $6.56M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2018 | $4.92M | $1.79M – $13.5M | $6.74M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2018 | $5.05M | $1.84M – $13.9M | $6.92M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2018 | $5.18M | $1.89M – $14.2M | $7.11M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2018 | $5.32M | $1.94M – $14.6M | $7.29M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2018 | $5.46M | $1.99M – $15.0M | $7.37M (+35%) | before first round | – | unknown | D | 0% |
| 1 Sep 2018 | $5.61M | $2.04M – $15.4M | $7.43M (+32%) | before first round | – | unknown | D | 0% |
| 1 Oct 2018 | $5.76M | $2.10M – $15.8M | $7.50M (+30%) | before first round | – | unknown | D | 0% |
| 1 Nov 2018 | $5.92M | $2.15M – $16.3M | $7.57M (+28%) | before first round | – | unknown | D | 0% |
| 1 Dec 2018 | $6.07M | $2.21M – $16.7M | $7.64M (+26%) | before first round | – | unknown | D | 0% |
| 1 Jan 2019 | $6.24M | $2.27M – $17.1M | $7.71M (+24%) | before first round | – | unknown | D | 0% |
| 1 Feb 2019 | $6.41M | $2.33M – $17.6M | $7.78M (+21%) | before first round | – | unknown | D | 0% |
| 1 Mar 2019 | $6.56M | $2.39M – $18.0M | $7.84M (+19%) | before first round | – | unknown | D | 0% |
| 1 Apr 2019 | $6.74M | $2.45M – $18.5M | $7.91M (+17%) | before first round | – | unknown | D | 0% |
| 1 May 2019 | $6.92M | $2.52M – $19.0M | $7.98M (+15%) | before first round | – | unknown | D | 0% |
| 1 Jun 2019 | $7.11M | $2.59M – $19.5M | $8.06M (+13%) | before first round | – | unknown | D | 0% |
| 1 Jul 2019 | $7.29M | $2.66M – $20.0M | $8.13M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2019 | $7.37M | $2.68M – $20.2M | $8.20M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2019 | $7.43M | $2.71M – $20.4M | $8.28M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2019 | $7.50M | $2.73M – $20.6M | $8.35M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2019 | $7.57M | $2.76M – $20.8M | $8.43M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2019 | $7.64M | $2.78M – $21.0M | $8.50M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2020 | $7.71M | $2.81M – $21.2M | $8.58M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $7.78M | $2.83M – $21.4M | $8.66M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $7.84M | $2.86M – $21.5M | $8.74M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $7.92M | $2.88M – $21.7M | $8.82M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $7.99M | $2.91M – $21.9M | $8.90M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $8.06M | $2.93M – $22.1M | $8.98M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $8.13M | $2.96M – $22.3M | $9.06M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $8.21M | $2.99M – $22.5M | $9.14M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $8.28M | $3.02M – $22.8M | $9.22M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $8.36M | $3.04M – $23.0M | $9.31M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $8.43M | $3.07M – $23.2M | $9.39M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $8.51M | $3.10M – $23.4M | $9.47M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $17.2M | $6.26M – $47.2M | $19.2M (+11%) | before first round | 1,200 | unknown | D | 0% |
| 1 Feb 2021 | $17.4M | $6.32M – $47.7M | $19.3M (+11%) | before first round | 1,200 | unknown | D | 0% |
| 1 Mar 2021 | $17.5M | $6.37M – $48.1M | $19.4M (+11%) | before first round | 1,200 | unknown | D | 0% |
| 1 Apr 2021 | $17.7M | $6.43M – $48.5M | $19.6M (+11%) | before first round | 1,200 | flat | D | 0% |
| 1 May 2021 | $17.8M | $6.49M – $49.0M | $19.7M (+11%) | before first round | 1,200 | flat | D | 0% |
| 1 Jun 2021 | $18.0M | $6.55M – $49.4M | $19.9M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Jul 2021 | $18.1M | $6.61M – $49.8M | $20.0M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Aug 2021 | $18.3M | $6.67M – $50.3M | $20.2M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Sep 2021 | $18.5M | $6.73M – $50.8M | $20.3M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Oct 2021 | $18.6M | $6.79M – $51.2M | $20.5M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Nov 2021 | $18.8M | $6.85M – $51.7M | $20.6M (+10%) | before first round | 1,200 | flat | D | 0% |
| 1 Dec 2021 | $19.0M | $6.91M – $52.1M | $20.8M (+9%) | before first round | 1,200 | flat | D | 0% |
| 1 Jan 2022 | $19.2M | $6.97M – $52.6M | $20.9M (+9%) | before first round | 1,200 | flat | D | 0% |
| 1 Feb 2022 | $33.0M | $14.1M – $65.6M | $36.1M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 Mar 2022 | $33.2M | $14.2M – $66.0M | $36.3M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 Apr 2022 | $33.5M | $14.3M – $66.5M | $36.6M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 May 2022 | $33.7M | $14.4M – $67.0M | $36.9M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 Jun 2022 | $34.0M | $14.6M – $67.5M | $37.1M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 Jul 2022 | $34.2M | $14.7M – $68.0M | $37.4M (+9%) | before first round | 4,500 | growing | C | 0% |
| 1 Aug 2022 | $34.5M | $14.8M – $68.5M | $40.1M (+16%) | before first round | 4,500 | growing | C | 0% |
| 1 Sep 2022 | $34.8M | $14.9M – $69.0M | $43.0M (+24%) | before first round | 4,500 | growing | C | 0% |
| 1 Oct 2022 | $35.0M | $15.0M – $69.5M | $46.0M (+31%) | before first round | 4,500 | growing | C | 0% |
| 1 Nov 2022 | $25.5M | $9.28M – $70.1M | $35.7M (+40%) | before first round | 4,500 | unknown | D | 0% |
| 1 Dec 2022 | $25.7M | $9.35M – $70.6M | $38.2M (+49%) | before first round | 4,500 | unknown | D | 0% |
| 1 Jan 2023 | $38.9M | $16.6M – $77.2M | $63.9M (+64%) | before first round | 7,500 | growing | C | 0% |
| 1 Feb 2023 | $39.2M | $16.8M – $77.8M | $68.9M (+76%) | before first round | 7,500 | growing | C | 0% |
| 1 Mar 2023 | $39.4M | $16.9M – $78.3M | $73.8M (+87%) | before first round | 7,500 | growing | C | 0% |
| 1 Apr 2023 | $39.7M | $17.0M – $78.9M | $79.6M (+100%) | before first round | 7,500 | growing | C | 0% |
| 1 May 2023 | $40.0M | $17.1M – $79.5M | $85.6M (+114%) | before first round | 7,500 | growing | C | 0% |
| 1 Jun 2023 | $40.3M | $17.3M – $80.1M | $92.2M (+129%) | before first round | 7,500 | growing | C | 0% |
| 1 Jul 2023 | $40.6M | $17.4M – $80.6M | $99.1M (+144%) | before first round | 7,500 | growing | C | 0% |
| 1 Aug 2023 | $43.8M | $18.5M – $88.0M | $106M (+142%) | before first round | 7,500 | growing | C | 0% |
| 1 Sep 2023 | $34.2M | $12.2M – $96.2M | $82.2M (+140%) | before first round | 7,500 | unknown | D | 0% |
| 1 Oct 2023 | $47.2M | $15.0M – $110M | $116M (+147%) | before first round | 9,400 | up | C | 0% |
| 1 Nov 2023 | $51.1M | $16.0M – $120M | $125M (+145%) | before first round | 9,400 | up | D | 0% |
| 1 Dec 2023 | $55.2M | $17.1M – $131M | $134M (+143%) | before first round | 9,400 | up | D | 0% |
| 1 Jan 2024 | $59.7M | $18.3M – $144M | $144M (+141%) | before first round | 9,400 | up | D | 0% |
| 1 Feb 2024 | $65.3M | $19.7M – $159M | $157M (+141%) | before first round | 9,800 | up | D | 0% |
| 1 Mar 2024 | $81.8M | $31.8M – $179M | $199M (+144%) | before first round | 11,000 | growing | C | 0% |
| 1 Apr 2024 | $88.7M | $34.1M – $196M | $215M (+142%) | before first round | 11,000 | growing | C | 0% |
| 1 May 2024 | $95.8M | $36.4M – $215M | $230M (+140%) | before first round | 11,000 | growing | C | 0% |
| 1 Jun 2024 | $104M | $38.9M – $235M | $248M (+139%) | before first round | 11,000 | growing | C | 0% |
| 1 Jul 2024 | $112M | $41.6M – $257M | $266M (+137%) | before first round | 11,000 | growing | C | 0% |
| 1 Aug 2024 | $107M | $30.1M – $280M | $243M (+128%) | before first round | 11,000 | up | D | 0% |
| 1 Sep 2024 | $115M | $32.0M – $305M | $251M (+119%) | before first round | 11,000 | up | D | 0% |
| 1 Oct 2024 | $123M | $33.9M – $331M | $259M (+110%) | before first round | 11,000 | up | D | 0% |
| 1 Nov 2024 | $137M | $37.2M – $373M | $280M (+104%) | before first round | 12,000 | up | D | 0% |
| 1 Dec 2024 | $147M | $39.5M – $405M | $289M (+96%) | before first round | 12,000 | up | D | 0% |
| 1 Jan 2025 | $158M | $42.0M – $441M | $298M (+88%) | before first round | 12,000 | up | D | 0% |
| 1 Feb 2025 | $171M | $44.7M – $481M | $308M (+81%) | before first round | 12,000 | up | D | 0% |
| 1 Mar 2025 | $183M | $47.3M – $520M | $318M (+74%) | before first round | 12,000 | up | D | 0% |
| 1 Apr 2025 | $197M | $50.4M – $567M | $328M (+67%) | before first round | 12,000 | up | D | 0% |
| 1 May 2025 | $211M | $53.5M – $617M | $339M (+60%) | before first round | 12,000 | up | D | 0% |
| 1 Jun 2025 | $226M | $56.4M – $666M | $347M (+54%) | before first round | 11,743 | up | D | 0% |
| 20 Jun 2025 | $19.3B | $12.7B – $32.4B | $21.3B (+10%) | after a round | 11,743 | up | B | 0% |
| 1 Jul 2025 | $19.4B | $12.7B – $32.4B | $21.3B (+10%) | after a round | 11,743 | up | B | 0% |
| 1 Aug 2025 | $19.6B | $12.9B – $32.8B | $21.5B (+10%) | after a round | 12,425 | up | B | 0% |
| 1 Sep 2025 | $19.8B | $12.9B – $32.8B | $21.5B (+9%) | after a round | 12,425 | up | B | 0% |
| 1 Oct 2025 | $19.9B | $12.9B – $32.8B | $21.5B (+8%) | after a round | 12,425 | up | B | 0% |
| 1 Nov 2025 | $20.2B | $13.0B – $33.2B | $21.8B (+8%) | after a round | 13,193 | up | B | 0% |
| 1 Dec 2025 | $20.4B | $13.0B – $33.2B | $21.8B (+7%) | after a round | 13,193 | up | B | 0% |
| 1 Jan 2026 | $20.6B | $13.0B – $33.2B | $21.8B (+6%) | after a round | 13,193 | up | B | 0% |
| 1 Feb 2026 | $20.8B | $13.0B – $33.2B | $21.8B (+5%) | after a round | 13,193 | up | B | 0% |
| 1 Mar 2026 | $21.2B | $13.2B – $33.7B | $22.1B (+4%) | after a round | 14,060 | up | B | 0% |
| 1 Apr 2026 | $21.5B | $13.2B – $33.7B | $22.1B (+3%) | after a round | 14,060 | up | B | 0% |
| 1 May 2026 | $21.8B | $13.3B – $33.8B | $22.2B (+2%) | after a round | 14,327 | up | B | 0% |
| 1 Jun 2026 | $22.1B | $13.3B – $33.9B | $22.3B (+1%) | after a round | 14,469 | up | B | 0% |
| 1 Jul 2026 | $22.3B | $13.2B – $33.9B | $22.3B (0%) | after a round | 14,469 | up | B | 0% |
| 1 Aug 2026 | $22.3B | $12.8B – $33.9B | $22.3B (0%) | after a round | 14,469 | up | B | 0% |
| 1 Sep 2026 | $22.3B | $12.4B – $33.9B | $22.3B (0%) | after a round | 14,469 | up | B | 0% |
| 1 Oct 2026 | $22.3B | $12.2B – $34.0B | $22.3B (0%) | after a round | 14,720 | up | B | 0% |
| 24 Oct 2026 | $22.3B | $11.9B – $34.0B | $22.3B (0%) | after a round | 14,720 | up | B | 0% |
Key facts about Binance
- Founded
- 2017
- Headquarters
- Singapore
- Employees
- about 14,700 +12% in a year
- Total raised
- $2.00B
- Funding rounds
- 1
- Last round
- Growth Equity Jun 2025
Binance was founded in 2017 by Changpeng Zhao, Heina Chen, Roger Wang and Yi He.
Binance funding history
Binance has 1 funding round on record, from Jun 2025 to Jun 2025, $2.00B in total. None disclosed a valuation.
Growth Equity 19 Jun 2025
Led by Mubadala Capital.
Sources: techfundingnews.com, insights4vc.substack.com
$2.00B
Binance investors
1 investor has backed Binance; Mubadala Capital led at least one round.
What Binance does
Binance works in cryptocurrency, with 10 recorded offerings and customers in cryptocurrency.
Binance is a cryptocurrency exchange platform engaged in facilitating cryptocurrency transactions, staking, trading, and mining services. The company serves both individual and institutional clients and provides integration tools for third-party developers through its API and SDK. Binance operates primarily in the Cayman Islands and supports multiple cryptocurrencies.
Description from Veridion's company data.
Products and services
- Cryptocurrency Exchange and Trading Services
- Cryptocurrency Staking Services
- Cryptocurrency Mining Services
- API and SDK Integration Services
- On-Chain Yield Solutions
- Soft Staking Services
- Multi-Cryptocurrency Support Services
- Developer Tool Development
- Institutional Cryptocurrency Solutions
- Multilingual Platform Services
Markets
- Cryptocurrency
Business model
- Business-to-Business
- Business-to-Consumer
Industry codes (NAICS)
- 523999 Miscellaneous Financial Investment Activities 70% match
- 541512 Computer Systems Design Services 30% match
Questions about Binance
What is Binance worth?
Valuation $22.3B (range $11.9B to $34.0B), as of 24 Oct 2026.
Has Binance raised money?
Binance has 1 funding round on record, from Jun 2025 to Jun 2025, $2.00B in total. None disclosed a valuation.
Who has invested in Binance?
Mubadala Capital. Lead investors include Mubadala Capital.
How many people work at Binance?
About 14,700, up 12% over the last year. Headcount grew from 1,200 in Jan 2021 to 14,720 in Sep 2026.
What does Binance do?
Binance works in cryptocurrency, with 10 recorded offerings and customers in cryptocurrency. Its main offerings are cryptocurrency exchange and trading services, cryptocurrency staking services and cryptocurrency mining services.
When was Binance founded, and where is it based?
Binance was founded in 2017 and is based in Singapore. It has about 14,700 employees, up 12% over the last year.