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Squid: Funding, Investors & Team (Sep 2026)

Squid is a routing protocol that connects users and developers with cross-chain liquidity. It allows any token to be swapped between blockchains and unlocks access to apps across chains with a single click.

www.squidrouter.com LinkedIn Zug, Switzerland 11-50 employees
Apps Blockchain Developer Tools
Total raised
$6.0M
Rounds
1
Latest
Undisclosed round
May 2026

Squid has raised $6.0M across 1 funding round on record, the most recent an undisclosed round of $6.0M announced in May 2026.

That round is above the $4.1M median round size for Apps companies tracked on FundedIQ over the last two years.

Squid Company Profile and Key Stats

Total funding raised
$6.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$6.0M in May 2026
Employees
11-50
reported band
Headquarters
Zug, Switzerland

Latest funding round on record: May 2026.

Squid Funding Rounds

Date
Round
Amount
Undisclosed round
$6.0M

Squid Founders and Leadership Team

Name
Role
Contact
Matthew Coffey
Founder
Locked

Contact details for the Squid team: 1 has a LinkedIn profile.

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Squid Funding Compared to Other Apps Startups

Segment
Companies
Median round
2,426
$4.1M
879
$3.8M

Squid's latest round of $6.0M is above the median round in Apps. Medians cover the last 24 months of disclosed rounds.

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Squid Funding FAQs

What does Squid do?

Squid is a routing protocol that connects users and developers with cross-chain liquidity. It allows any token to be swapped between blockchains and unlocks access to apps across chains with a single click.

How much funding has Squid raised?

Squid has raised $6.0M across 1 round on record. The most recent is an undisclosed round of $6.0M announced in May 2026.

When did Squid last raise funding?

Squid's most recent funding round on record is an undisclosed round of $6.0M, announced in May 2026.

Who founded Squid?

FundedIQ lists Matthew Coffey (Founder) at Squid.

Where is Squid headquartered?

Squid is based in Zug, Zug, Switzerland.

How many employees does Squid have?

Squid is in the 11-50 employee band.

How does Squid's funding compare to other Apps startups?

Squid's latest round of $6.0M is above the $4.1M median round size for Apps companies on FundedIQ across 2,426 tracked companies over the last two years.

About FundedIQ's Squid Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Squid is left off this page rather than filled in.

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