SIMBA Chain logo

SIMBA Chain

SIMBA Chain makes it easy to build and deploy blockchain systems across multiple blockchains and data stores.

64 employees · est. 2017 · South Bend, United States

VS
Formation logo

Formation

Cloud Scale. Edge Speed. Where It Matters Most.

8 employees · est. 2022 · Miami, United States

SIMBA Chain is the older company (2017 vs 2022); SIMBA Chain is the larger of the two.

Side-by-Side Comparison

SIMBA Chain Formation
Founded
2017 older 2022
Headquarters
South Bend, United States Miami, United States
Employees
64 larger 8
Industry
Blockchain, Crypto, Fintech Blockchain
Funding Stage
Series A Seed
Total Funding
$58.50M $3.70M
Funding Rounds
6 3
Services
Data Integrity Solutions, Compliance Readiness, Connected Intelligence, Secure Collaboration Not tracked yet
Target Customers
Defense and Aerospace Industry, Automotive and Battery Manufacturers, Textiles and Apparel Companies, Consumer Goods Companies, Government Agencies Not tracked yet
Taxonomy
Web3, Decentralized Data Exchange, Smart Contracts, Enterprise Solutions, Supply Chain, Distributed Ledger, Verifiable Credentials, REST APIs, University Incubated, Government, Enterprise Adoption, NFT, Hybrid Chains Decentralized Development, Web3 Development, Smart Contracts, Full-stack Applications, Programming Languages, Blockchain Technology, Developer Onboarding, Consensus Algorithm, Proof Of Claim, Web3 Adoption, Node Accessibility, Blockchain Scalability, Web3 Projects, Developer Empowerment, Data Privacy
Website
simbachain.com formation.cloud
SIMBA Chain logo

About SIMBA Chain

SIMBA Chain, founded in 2017 and headquartered in the United States, is an emerging leader in the decentralized data exchange niche. Incubated at the University of Notre Dame following a DARPA grant, the company specializes in bridging blockchain technology with data security needs, making it a go-t...

Formation logo

About Formation

Versatus is revolutionizing decentralized development beyond smart contracts with its universal dApp engine. The company's mission is to contribute to the decentralization of the web, empowering users to reclaim control from dominant corporations. Its flagship product, Language-Agnostic Stateless Ro...

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BounceWatch watches SIMBA Chain and Formation for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.

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Funding, hiring, leadership and stack changes at SIMBA Chain and Formation — by email.

Frequently Asked Questions

SIMBA Chain — SIMBA Chain makes it easy to build and deploy blockchain systems across multiple blockchains and data stores.. Formation — Cloud Scale. Edge Speed. Where It Matters Most.. Both companies operate in related markets but may differ in funding stage, team size, and product focus.
SIMBA Chain has raised $58.50M while Formation has raised $3.70M.
SIMBA Chain and Formation operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Compiled from the BounceWatch company index. We last looked at SIMBA Chain on 12 Sep 2024, and Formation on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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