# Polygon

**Source:** https://www.startuphub.ai/startups/polygon
**Profile type:** Startup

> A framework and platform for building and connecting blockchain networks, focusing on scalability and usability for Ethereum.

## About

Polygon provides the Open Money Stack, an enterprise-ready blockchain infrastructure for global payments, compliant wallets, and blockchain settlement. It offers solutions like Polygon Chain for fast, low-cost money movement and Polygon CDK for building ZK-powered chains, serving businesses and developers looking to integrate blockchain into financial products. Polygon enables trillions in asset transfers at scale, with features for on/off-ramps, cross-chain interoperability, and stablecoin integrations.

## Key facts

- **Slug:** polygon
- **Website:** https://polygon.technology/
- **Location:** Mumbai, India
- **Founded:** 2017
- **Employees:** 389
- **Operating status:** Active
- **Total funding:** $400M
- **Sectors / tags:** Blockchain, Web3, DeFi, Scalability, Ethereum, Developer Tools, API Platform, Infrastructure
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/polygonlabs
  - Twitter: https://x.com/0xPolygon
  - GitHub: https://github.com/maticnetwork

## Frequently asked

### What does Polygon do?

Polygon provides the Open Money Stack, an enterprise-ready blockchain infrastructure for global payments, compliant wallets, and blockchain settlement. It offers solutions like Polygon Chain for fast, low-cost money movement and Polygon CDK for building ZK-powered chains, serving businesses and developers looking to integrate blockchain into financial products. Polygon enables trillions in asset transfers at scale, with features for on/off-ramps, cross-chain interoperability, and stablecoin inte…

### What is Polygon's valuation?

StartupHub estimates Polygon's effective valuation at $6.1B (range $4.3B to $8.0B, 25% confidence), based on comparable companies in the sector.

### How much funding has Polygon raised?

Polygon has raised a total of $400M in funding. The most recent round on record is Series B.

### Where is Polygon headquartered?

Polygon is headquartered in Mumbai, India.

### When was Polygon founded?

Polygon was founded in 2017.

### What industry does Polygon operate in?

Polygon operates in Blockchain, Web3, DeFi, Scalability, Ethereum, Developer Tools.

### How many employees does Polygon have?

Polygon has approximately 389 people on record.

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