About 5ire
5ire is a company based in Dubai (United Arab Emirates) founded in 2021 by Vilma Mattila, Pratik Gauri, and Prateek Dwivedi. 5ire has raised $121 million across 3 funding rounds from investors including SRAM & MRAM Group, Global Emerging Markets and Diamond Hands. 5ire operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Symbiont, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Vilma Mattila, Pratik Gauri, Prateek Dwivedi
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name 5Irechain Techno Private Limited
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$228.45 (USD)0as on Mar 31, 2023
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Net Profit
-$94.1 (USD)71.8as on Mar 31, 2023
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EBITDA
-$322.54 (USD)3.32as on Mar 31, 2023
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Total Equity Funding
$121 M (USD)
in 3 rounds
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Latest Funding Round
$874 K (USD), Token Sale
Dec 04, 2023
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Investors
SRAM & MRAM Group
& 6 more
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Employee Count
Not available
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People of 5ire
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Funding Insights of 5ire
5ire has successfully raised a total of $121M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $874 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 5ire
5ire has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SRAM & MRAM Group, Global Emerging Markets and Diamond Hands.
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Multiple sectors are invested in by this private equity firm.
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Investments in tech startups are made by Moonrock Capital.
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Investor details for 5ire
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Investments & Acquisitions by 5ire
Investment portfolio details for 5ire
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Financial Statements - 5ire
Detailed financials for 5ire
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5Ire Comparisons
Peer comparison for 5ire
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Competitors of 5ire
5ire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solana, Ankr, Mysten Labs, O(1) Labs and Symbiont, among others.
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Smart contract platform
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Blockchain infrastructure is offered for financial application development.
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Detailed competitors of 5ire
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Latest news on 5Ire
Complete news archive for 5ire
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Frequently Asked Questions about 5ire
5ire was founded in 2021.
5ire is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Pratik Gauri is the current CEO of 5ire. They have also founded this company.
5ire is a funded company, having raised a total of $121M across 3 funding rounds to date.
Annual revenue of 5ire is $228.45 as on Mar 31, 2023.
Founded in 2021 and based in Dubai, United Arab Emirates, 5ire operates in the blockchain sector. A network platform is offered, featuring transactional scalability, on-chain governance, democratic processes, and upgradeability. Users are enabled to develop applications, build solutions, and conduct transactions on the platform. Leadership includes co-founders Vilma Mattila, Pratik Gauri as CEO, and Prateek Dwivedi.
5ire's top competitors include Mysten Labs, Solana and O(1) Labs.
5ire has 7 investors. Key investors include SRAM & MRAM Group, Global Emerging Markets, Diamond Hands, Sanctum Global Ventures, and Moonrock Capital.
The valuation of 5ire is $1.5B as of Feb 2022.