FORDEFI

Software DevelopmentNew York, New York, United StatesFounded 202162 employees$28M raised

Fordefi provides institutional-grade cryptocurrency wallets and blockchain access tools, securing $28M in seed funding in February 2024. The 62-person startup serves professional crypto traders and businesses managing digital assets.

Employees
62
Total raised
$28M
Last: Seed
Open roles
2
0% vs last year
Site visitors
22K
per month
Alumni founders

The growth story

FORDEFI headcount and funding62 people today
62$18M$10M62202120222023202420252026
Data by CrustdataCrustdata

FORDEFI grew from 2 to 62 employees between 2021 and 2026, raising $28M along the way, most recently a Seed in February 2024.

About

Fordefi builds multi-party computation (MPC) wallets that let institutions securely store crypto keys and connect to decentralized apps across blockchains. Its tools target trading firms and crypto-native businesses needing enterprise-grade security controls.

The company has grown to 62 employees since its 2021 founding, with engineering making up nearly a third of staff. Seed investors including Electric Capital and Digital Currency Group backed its $28M raise earlier this year.

Founders and leadership

Engineering dominates Fordefi's structure with 20 staff, suggesting deep technical requirements for its security products. The leadership team maintains Israeli defense and fintech roots from prior roles at Curv and PayPal.

The FORDEFI org chart

Josh Schwartz (Co-Founder and CEO) leads 23 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
EEngineering
25+56%
SSales
9+350%
BBusiness Development
50%
PProduct Management
4+33%
OOperations
3+200%
AArts and Design
3+50%
IInformation Technology
30%
Data by CrustdataCrustdata

Headcount by function: Engineering 25 (+56% YoY), Sales 9 (+350% YoY), Business Development 5 (0% YoY), Product Management 4 (+33% YoY), Operations 3 (+200% YoY), Arts and Design 3 (+50% YoY).

Talent flow

Nearly a third of analyzed employees came from Israeli military or intelligence units, with others from crypto security firms like Curv and Ledger. Alumni have moved to blockchain startups including Kresus and Hypernative.

Where FORDEFI people come from, and where they go45 current + 19 former profiles
6 people: Israel Defense Forces → FORDEFI4 people: Curv → FORDEFI3 people: PayPal → FORDEFI3 people: Ledger → FORDEFI3 people: Google → FORDEFI2 people: Unbound Security (acquired by Coinbase) → FORDEFI2 people: Ness Technologies | נס טכנולוגיות → FORDEFI2 people: Rapyd → FORDEFI2 people: FORDEFI → Kresus1 people: FORDEFI → Hopper Security1 people: FORDEFI → FalconX1 people: FORDEFI → Hypernative1 people: FORDEFI → Nayax1 people: FORDEFI → Palo Alto Networks1 people: FORDEFI → Attestable1 people: FORDEFI → RemedioFORDEFI62 peopleCAME FROMWENT TOIsrael Defense Forc…6 peopleCCurv4 peoplePayPal3 peopleLedger3 peopleGoogle3 peopleUnbound Security (a…2 peopleNess Technologies |…2 peopleRapyd2 peopleKresus2 peopleHopper Security1 peopleFalconX1 peopleHypernative1 peopleNayax1 peoplePalo Alto Networks1 peopleAttestable1 peopleRemedio1 people
Data by CrustdataCrustdata

Most common previous employers of FORDEFI staff: Israel Defense Forces (6), Curv (4), PayPal (3), Ledger (3), Google (3), Unbound Security (acquired by Coinbase) (2). Former FORDEFI employees most often moved to Kresus (2), Hopper Security (1), FalconX (1), Hypernative (1), Nayax (1), Palo Alto Networks (1).

Alumni worth knowing

Web traffic

fordefi.com monthly visitors-9% month over month
4,54916,90529,26121,580202420252026
Data by CrustdataCrustdata

Traffic mix: 85% direct, 12% search, 0% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
PPython (Programming Language)
25
MManagement
19
SSQL
17
PProject Management
17
JJavaScript
17
MMicrosoft Office
15
SSoftware Development
15
CC#
14
TTeam Leadership
13
CC++
13
Data by CrustdataCrustdata

Most common skills at FORDEFI: Python (Programming Language) (25), Management (19), SQL (17), Project Management (17), JavaScript (17), Microsoft Office (15), Software Development (15), C# (14).

Where the team actually sits

Headcount by regionHQ: New York, New York, United States
IIsrael
22
TTel Aviv District, Israel
8
SSingapore
3
CCenter District, Israel
3
NNew York, United States
2
SSan Salvador, El Salvador
1
PPortugal
1
CCalifornia, United States
1
Data by CrustdataCrustdata

FORDEFI people are concentrated in Israel (22), Tel Aviv District, Israel (8), Singapore (3), Center District, Israel (3).

Search footprint

Organic clicks
43
per month
Traffic worth
$0K
if bought as ads
Ranking keywords
133
Ads budget
$2K
per month

FORDEFI attracts about 43 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 27 ranking keywords and lost 18 in the last period.

Frequently asked

How many employees does FORDEFI have?

FORDEFI has 62 employees as of September 2026.

How much has FORDEFI raised?

FORDEFI has raised $28M in total, most recently a Seed round in February 2024.

Who founded FORDEFI?

FORDEFI was founded in 2021 by Josh Schwartz, Michael Volfman, Dima Kogan.

Who is the CEO of FORDEFI?

Josh Schwartz (Co-Founder and CEO) sits at the top of FORDEFI's reporting structure, with 3 direct reports.

Where does FORDEFI hire from?

The most common previous employers of current FORDEFI staff are Israel Defense Forces (6 people), Curv (4 people), PayPal (3 people).

Where do FORDEFI employees go after leaving?

Former FORDEFI employees most often move to Kresus (2), Hopper Security (1), FalconX (1).

How much traffic does FORDEFI get from search?

FORDEFI attracts about 43 organic search visits a month, worth roughly $0K a month in equivalent ad spend.

What skills do people at FORDEFI have?

The most common skills among FORDEFI staff are Python (Programming Language), Management, SQL, Project Management, JavaScript.

Where is FORDEFI's team located?

FORDEFI staff are concentrated in Israel (22), Tel Aviv District, Israel (8), Singapore (3).

How big is FORDEFI's engineering team?

FORDEFI has about 25 people in Engineering, up 56% over the past year, as of September 2026.

How big is FORDEFI's sales team?

FORDEFI has about 9 people in Sales, up 350% over the past year, as of September 2026.

Computed from 45 current and 19 former FORDEFI profiles, as of September 2026. Source: Crustdata.

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