Fomo Secures $75 Million In Series B Funding Led By Index Ventures With Union Square Ventures And Benchmark

fomo, a social-first on-chain trading platform, raised $75 million in a Series B round led by Index Ventures with participation from Union Square Ventures and Benchmark as it scales its consumer trading app and expands into new asset classes. Founded in 2025 by Paul Erlanger, Se Yong Park and Prashan Dharmesena, the New York-based company has surpassed $4 billion in trading volume and 600,000 users, and plans to use the capital to grow its unified trading and social platform while moving into equities, perpetuals, and prediction markets. FOUNDERS: Paul Erlanger, Se Yong Park & Prashan Dharmesena INVESTORS: Index Ventures, Union Square Ventures & Benchmark ROUND: Series B AMOUNT: $75,000,000 HQ: New York #VentureCapital #fomo #PaulErlanger #SeYongPark #PrashanDharmesena #TradedVC