Who owns the fomo app?

The company: FOMO Labs Inc.

The fomo app belongs to FOMO Labs Inc., “a Delaware corporation”, which is the company you contract with under fomo’s Terms of Service (§1). The same name appears as the seller on the US App Store (“FOMO Labs Inc.”) and as the developer on Google Play. Its trademark filing gives a New York address, 110 Greene Street, and support is at [email protected].

It is a private, venture-backed start-up. There are no public shares and no fomo token, so nobody “owns a piece” of fomo by holding a coin (is there a fomo token?).

The founders

fomo’s own blog posts about its funding are signed “The fomo Team” and do not name anyone. The names come from investors and the press:

Person	Role	Named by
Paul Erlanger	Co-founder	Index Ventures, TechCrunch
Se Yong Park	Co-founder	Index Ventures, TechCrunch
Prashan Dharmasena	Co-founder	Index Ventures, Protos

Index Ventures writes that Erlanger and Park “have worked together for five years, dating back to their time at Deutsche Bank, before moving to dYdX together”; dYdX is a crypto derivatives exchange. TechCrunch and Protos report that Chetan Puttagunta of Benchmark took a seat on fomo’s board. Dharmasena spoke for the company in August 2026, when an X account claimed an iOS update had caused $6 million in losses; he said the wallet in question had “no transaction signed by FOMO’s fee payer” (Protos). We found no forensic confirmation of the claim.

The funding rounds

All three rounds below come from fomo’s own blog, with the date on each post.

Round	Date	Amount and lead
Pre-seed	February 18, 2025	$2 million, no lead named
Series A	November 6, 2025	$17 million, led by Benchmark
Series B	June 22, 2026	$75 million, led by Index Ventures

Who else is named:

• Pre-seed: “140+ angel investors”. TechCrunch names Raj Gokal (Solana co-founder) and Balaji Srinivasan among them.
• Series A: fomo said the round brought its total funding to $19 million.
• Series B: “strong participation from Union Square Ventures and our existing investor, Benchmark”, plus angels fomo lists by name, including Mark Pincus and Kevin and Julia Hartz.

The official posts add up to $94 million. Larger totals in search snippets ($96.3 million) are not in any fomo post we could find. The pre-seed post is dated February 18, 2025 on the post itself and February 28, 2025 on fomo’s blog index.

Valuation. The Block and Protos reported the Series B valued fomo at $550 million. That number is from the press, not from fomo, whose announcement gives no valuation.

What the investors were buying into

Each funding post carried a usage claim. They are fomo’s own numbers and none is audited:

• November 2025 (Series A): “nearly $700M in volume onboarded 120K+ users and 35K+ traders”.
• June 2026 (Series B): “more than 625,000 people have joined fomo, completing over $4 billion in trading volume”.

What has happened since is public. fomo’s fees rose to a record of about $35.9 million in September 2026, then fell sharply; in the 30 days to November 8, 2026 traders paid it $10.3M (how fomo makes money). The full sequence of launches and rounds is in fomo’s history.

The name and the trademark

FOMO Labs applied to register “FOMO” as a US trademark for software (application 99630849, filed February 3, 2026). As of November 2026 it is a pending, suspended application, not a registration, according to the USPTO record. Other “FOMO” trademarks belong to unrelated companies (the app vs the word). fomo’s terms claim its name and logos as its marks either way (§13).

Is the company regulated?

fomo’s terms say: “Fomo is not registered or licensed as a broker-dealer, investment adviser, investment manager, commodity trading advisor, or other regulated financial services provider” (§18). Disputes go to binding individual arbitration under New York law (§19). Whether that is enough for you is part of is fomo legit?.