Who Funded fomo (2026): Rounds and Investors

At a glance Investors

Link to fomo: The funds and angels that FOMO Labs Inc. names on its own blog

The three rounds

The company behind the fomo app is FOMO Labs Inc., a Delaware corporation. These are the rounds it has announced, in its own words:

Round	Amount	Date of post	Led by	Also named
Pre-seed	$2M	February 18, 2025	No lead; “140+ angel investors”	Builders, fund partners and traders, listed below
Series A	$17M	November 6, 2025	Benchmark	Angels, plus Archetype and Coinbase Ventures listed as funds
Series B	$75M	June 22, 2026	Index Ventures	Union Square Ventures, Benchmark, and named angels

The three add up to $94M. The Series A post says that round brought “our total funding to $19 million”. fomo’s blog index shows the pre-seed post dated February 28, 2025 rather than the 18th printed on the post itself. No valuation appears in any of fomo’s posts; the $550M figure for the Series B comes from the press: a headline in The Block and a report in Protos.

Who is named in each round

Pre-seed (February 2025). fomo listed more than 40 builders and operators by name, among them Raj Gokal (co-founder, Solana), Balaji Srinivasan, Henri Stern (CEO of Privy, the wallet provider named in fomo’s terms), Bryan Pellegrino (CEO, LayerZero Labs), Evgeny Gaevoy (CEO, Wintermute), and partners at Pantera, Dragonfly and Hack VC, plus a list of traders. The post said the team “most recently” worked together at dYdX.

Series A (November 2025). Benchmark led. The post names angels including Harry Stebbings (20VC), Ivan Soto-Wright (MoonPay), Jacob Horne (Zora), Luca Netz (Pudgy Penguins) and people from Monad and FalconX, and lists Archetype and Coinbase Ventures as funds. TechCrunch reported that Benchmark’s Chetan Puttagunta took a board seat.

Series B (June 2026). Index Ventures led, with “strong participation from Union Square Ventures and our existing investor, Benchmark”. Angels named include Mark Pincus, and Kevin and Julia Hartz.

fomo’s posts do not name its founders. Index Ventures and TechCrunch name Paul Erlanger as CEO; see who owns fomo for the people.

What each round claimed about traction

Each post carried the company’s own numbers, none of them audited:

Post	Claim
Series A, November 2025	“nearly $700M in volume”, “120K+ users and 35K+ traders” during the beta
Series B, June 2026	“more than 625,000 people have joined fomo, completing over $4 billion in trading volume”

Public data allows one cross-check. DefiLlama attributes about $98M of fees to fomo all-time, most of it after the Series B: September 2026 alone was $35.9M, before fees fell sharply in October. Investor backing says who bet on the company. It does not tell you what a trade costs you; the fee bench does.

Questions people ask

How much money has fomo raised?

$94 million across the three rounds fomo has announced: $2M pre-seed, $17M Series A and $75M Series B. Its Series A post says that round brought total funding to $19M. Other totals seen online, such as $96.3M, do not match fomo's own posts.

What is fomo's valuation?

fomo has not published one. The Block and Protos reported $550 million at the June 2026 Series B; treat that as press-reported.

Who leads fomo's investors?

Benchmark led the $17M Series A in November 2025, and Index Ventures led the $75M Series B in June 2026, with Union Square Ventures and Benchmark participating. TechCrunch reported that Benchmark partner Chetan Puttagunta joined fomo's board.

Who funded fomo