Telegram

Telegram, founded in 2013 by Pavel and Nikolai Durov, has raised $3.2B through multiple rounds, including a $1.7B ICO (2018) and recent $1.7B convertible bonds (May 2025). Debt financing rounds of $1.2 billion between 2021 and 2024 supported operational growth and expansion. With over 900 million users and revenues of $1.4 billion in 2024, Telegram achieved a $540 million profit and is targeting $2 billion in revenue in 2025. The platform continues to scale its privacy-focused messaging, premium subscriptions, and AI partnerships, positioning itself for a potential IPO.