fomo raises $17M Series A led by Benchmark
FOMO Labs Inc., the company behind the fomo trading app, announced a $17 million Series A led by Benchmark on 6 November 2025, bringing its disclosed funding to $19 million. It did not publish a valuation.
What happened
On 6 November 2025 fomo’s blog announced “a $17 million Series A led by Benchmark, bringing our total funding to $19 million.” The other $2 million was the pre-seed round the company announced in February 2025, which it says was backed by more than 140 angel investors. The Series A post lists more than 30 further angels, from founders and executives to traders who use the app.
The numbers fomo gave
All of these are the company’s own, unaudited claims about its beta period, which it said had started six months earlier:
| Claim in the post | Figure |
|---|---|
| Trading volume | nearly $700M |
| Users onboarded | 120K+ |
| Traders | 35K+ |
| Onramp volume (card and Apple Pay purchases) | $5M |
| People buying crypto for the first time | nearly 15K |
| Weekly user growth | nearly 10% |
Why it matters if you use the app
A funding round does not change what a trade costs. fomo’s fees are set in its help centre and can change at any time; see today’s fees and the dated change log. What the round does tell you is who backs the company: see who owns fomo.
What we could not verify
The post names no valuation and no founders. Press reports say Benchmark partner Chetan Puttagunta took a board seat; fomo’s post does not say so. One outlet dates this round to September 2025, but fomo’s own post is dated 6 November 2025, and we go by the company’s date. Seven months later fomo raised a $75 million Series B.
How we verify: every entry is checked against a primary source (fomo's help centre, terms, blog, release notes or X posts, read through Internet Archive copies where fomo's site blocks automated readers; or a partner's own announcement), chain data, or at least two independent outlets, before it is published. JomoBench is independent and unofficial: we are not fomo or FOMO Labs Inc. No price calls and no coin picks. Most small tokens lose most of their value. All news · Fee and terms change log · Methodology