Who is behind fomo.family?

fomo.family is operated by a company called FOMO Labs Inc. That name appears in the copyright line at the foot of fomo's own website. Almost everything else a beginner wants to know under the heading who is behind this turns out to be three separate questions with three different answers — who runs the app, who holds the assets, and who issues the riskiest products on it. This page answers all three from fomo's own published material, read on 10 September 2026.

Which company runs fomo.family?

FOMO Labs Inc. runs the app, the desktop platform, the fee screen and the social features. It also runs the public profit-and-loss ranking — a list in which traders who lost money do not appear, which is why we treat it separately in how top traders manage risk.

The company's own Terms of Service, in the section headed "No Financial or Investment Advice", open with a sentence worth quoting exactly: fomo "is not registered with or licensed by any regulatory authority". That is the company describing itself in its own contract — not a finding by a supervisor, and not an accusation either. Read plainly it means there is no authorisation number to look up, which is a different thing from being banned. A beginner arriving from regulated markets should hold those two ideas apart: not licensed, not prohibited, and licensed are three separate positions, and only the first is what the Terms describe.

Who are the named people behind it?

Here is the honest answer, and it is unusual enough to be worth stating plainly: fomo names its investors in detail and does not name the people who run the company. As of 10 September 2026 there is no team or about page on fomo.family; the most recent funding announcement on its blog is signed "The fomo Team", and the site footer offers Blog, FAQ, Affiliates and Careers but no leadership page. Anything you read elsewhere naming a founder comes from a third party, so check who published it and when before repeating it.

What the company does disclose is the money:

• Pre-Seed, February 2025 — $2 million, backed by what fomo describes as 140+ angel investors. The announcement names dozens of them individually; among the better-known are Raj Gokal, co-founder of Solana, and Balaji Srinivasan.
• Series A, 6 November 2025 — $17 million led by Benchmark, which fomo said at the time was "bringing our total funding to $19 million".
• Series B, 22 June 2026 — $75 million led by Index Ventures, with participation from Union Square Ventures and, again, Benchmark. This is the most recent round fomo has announced.

One name on the angel list is worth pointing out because it also appears inside the product: Henri Stern, chief executive of Privy. Privy is the third-party provider that generates and manages the wallet a fomo user trades from. That is a plain fact from two of fomo's own documents, not an allegation — but it is the kind of overlap worth knowing when you are working out who is independent of whom.

Who actually holds your money?

Not fomo. The trading wallet is non-custodial: it is generated and managed by Privy, the user can view the wallet's private keys and export the wallet, and fomo's Terms state in capital letters that fomo is not responsible for the security or safety of the user's digital assets. Whoever is "behind" the app, the person responsible for the keys is the account holder. What that means in practice is covered in the rest of this section.

And the products that carry the most risk are issued by other companies again:

• Perpetual futures, live on fomo since 11 June 2026, are powered by Hyperliquid and Trade[XYZ] and are described in the Terms as offered and settled by independent third-party decentralised protocols. fomo's own risk acknowledgment for them says they are leveraged instruments that can result in losses exceeding your initial margin, including total loss of deposited funds, and that positions may be liquidated automatically and without prior notice if margin requirements are not maintained. They are not available to U.S. Persons. If that arithmetic is new to you, read how leverage magnifies a loss first.
• Tokenised stock derivatives on fomo are onchain representations of over-the-counter derivative contracts issued by Robinhood Europe UAB, a Lithuanian investment firm. The Terms say they are not available to U.S. Persons or in U.S. markets, nor to residents of Canada, the United Kingdom or Switzerland — so readers in the United States, Canada and the United Kingdom cannot use them at all.

Does a strong investor list make a platform safe for me?

No, and it is worth being blunt about why. A venture round is a bet by a professional investor on a business succeeding. It is not a statement about how a user's account is treated, and the investors are not a party to your account: they do not hold your assets, do not stand behind your balance, and have no obligation to you.

The things that do protect a retail account in a regulated market are separate and specific — an authorisation you can look up on the supervisor's own register, rules about how client money is held, and a defined route for complaints. Those come from regulation, not from a cap table; our guide to what broker regulation actually does walks through each one. Funding tells you a company can pay its engineers. It tells you nothing about what happens to your balance on a bad day.

How to check any of this for yourself

1. Find the legal entity, not the brand. Scroll to the footer of the platform's own site: the copyright line names the company you would actually be dealing with. Here it is FOMO Labs Inc.
2. Read the licensing sentence in the Terms yourself rather than a summary of it. Search the document for "licensed" and "registered" and read the whole paragraph around the hit.
3. Search the regulator's own register for the entity name in the country you live in. An absence of a record means the firm is not on that register — a fact about the register, not a verdict on the firm.
4. Date what you find. fomo's Terms carry a date and its product changes month to month — the perps did not exist a year before this page was written. A claim about this platform without a date attached is not much of a claim.

None of this is a verdict on whether the platform suits you. It is the set of facts you would want before deciding, and every one of them came from documents fomo publishes itself. If you are weighing up a deposit, read the risk disclosure first.

Frequently asked questions

Sources

• fomo.family — Terms of Service (dated 17 August 2026), sections 4, 7, 9, 10, 11 and 18
• fomo.family — company blog: Series B (22 June 2026), Series A (6 November 2025) and Pre-Seed (February 2025) announcements, read 10 September 2026
• FirstPip knowledge base — brokers/fomo-family-platform (sources S031–S033)

Read: how top traders manage risk