About 5ire
5ire is a Technology company based in Dubai (United Arab Emirates) founded in 2021 by Vilma Mattila, Pratik Gauri, and Prateek Dwivedi. Blockchain network platform is provided for development and transactions. 5ire has raised $121 million across 3 funding rounds from investors including GAINS Associates, Extrawatts and SRAM & MRAM Group. The company has 62 employees. 5ire was last valued at $1.5 billion in July 2022. Its chief executive, as recorded, is Pratik Gauri. Its focus areas include High Tech, Blockchain Infrastructure, Blockchain Network and Blockchain Technology. Its legal entity in India is 5irechain Techno Private Limited (U67100UP2020PTC127597).
Company details
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.
- Headquarters Dubai, United Arab Emirates
- Employees 62
- Founders Vilma Mattila, Pratik Gauri, Prateek Dwivedi
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website 5ire.org/home
- Social LinkedIn X Facebook
- Legal Name 5Irechain Techno Private Limited
- Date of Incorporation 03 Mar, 2020
- Jurisdiction Noida, Uttar Pradesh, India
- Indian entity revenue₹19,000
FY 2023
- Indian entity net loss-₹7,826
FY 2023 · -41% margin
- Indian entity EBITDA-₹26,826
FY 2023 · -141% margin
- Total Equity Funding$121M (USD)
in 3 rounds
- Latest Funding Round$874K (USD), Token Sale
Dec 2023
- InvestorsGAINS Associates
& 18 more
- Employee Count62
Associated legal entities of 5ire
5ire operates through 5Irechain Techno Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 5Irechain Techno Private Limited CIN U67100UP2020PTC127597 | Strike Off | 03 Mar 2020 | Noida, Uttar Pradesh | ₹0.0 Cr | 3 | View details |
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.
- Total Funding $121M
- Total Rounds 3
- Last Round Token Sale — $874,000
- First Round $21M
(Oct 2021)
- Investors Count 19
All 3 funding rounds of 5ire with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $874,000 | Token Sale | – | – | – |
| Feb 2022 | $100M | Series A | $1.5B | – | |
| Oct 2021 | $21M | Seed | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $1.5B | •••••••• |
Full valuation and stage history of 5ire
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.5B (Jul 2022). 19 investors in total: 19 institutional.
Investors in 5ire
5ire has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include GAINS Associates, Extrawatts and SRAM & MRAM Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | gemny.com | New York, United States | ||
| sanctumglobalventures.com | ||||
Investments in tech startups are made by Moonrock Capital. | moonrockcapital.io | Munich, Germany | ||
Early-stage companies are targeted for investment by Marshland Capital. | marshlandcapital.com | Castries, Saint Lucia | ||
| aigventure.com | ||||
Early-stage investments in disruptive technologies are targeted by the firm. | mhventures.io | London, United Kingdom | ||
Investments are directed toward fintech, blockchain, and digital asset firms. | gda.investments | |||
Lupa X Capital is engaged in blockchain investment and advisory. | lupaxcapital.com | |||
Venture capital fund investing in blockchain and crypto startups | bcainvestments.com | Amsterdam, Netherlands | ||
Venture capital firm focused on blockchain and web3 projects | girnas.capital |
Investor details for 5ire
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of 5Irechain Techno Private Limited (5ire)
5Irechain Techno Private Limited is the primary company behind 5ire. The board of 5Irechain Techno Private Limited currently have 3 directors; the longest-serving is Pratik Gauri, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Gauri DIN 08142582 | Director | 03 Mar 2020 | 6 yrs 8 mo | 5Irechain Techno Private Limited |
| Chitra Gauri DIN 09081879 | Director | 05 Apr 2021 | 5 yrs 7 mo | 5Irechain Techno Private Limited |
| Prateek Dwivedi DIN 07089113 | Director | 25 Jun 2022 | 4 yrs 4 mo | 5Irechain Techno Private Limited |
People of 5ire
33 people are tracked at 5ire (10 in leadership, 15 in board & advisors, 8 in team); the tracked headcount is 62.
| Name | Role | Group |
|---|---|---|
Vilma Mattila | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Himanshu Sharma | Head of Security | Leadership |
Khushi Mishra | Head of HR | Leadership |
Rahul Rautela | COO | Leadership |
Ken Ahunbay | CFO | Leadership |
Federico de Prizio | Strategic Partner | Leadership |
Vignesh J | Ceo's Office | Partnerships | Business Development Executive | Leadership |
Shaurya S. | Head Of Operations | Leadership |
Mohammed Al Fahim | Board Advisor | Board & advisors |
Jaime Gold | Advisor | Board & advisors |
Wulf Kaal | Advisor | Board & advisors |
Scott Cunningham | Advisor | Board & advisors |
Richard Swart | Advisor | Board & advisors |
Jeff Hoffman | Advisor | Board & advisors |
David Marshall | Advisor | Board & advisors |
Jan Strandberg | Advisor | Board & advisors |
Joe Vezzani | Advisor | Board & advisors |
Pialy Aditya | Advisor | Board & advisors |
13 more people are available in the full profile.
Complete people profiles for 5ire
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of 5ire
Figures of 5Irechain Techno Private Limited, the primary company behind 5ire, for FY 2023. Revenue was ₹19,000. Net loss was -₹7,826 (-41% margin). EBITDA was -₹26,826 (-141% margin).
- ₹19,000Revenue · FY 2023
- -₹7,826Net loss · -41% margin
- -₹26,826EBITDA · -141% margin
- ₹81,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of 5Irechain Techno Private Limited are on its company page.
Detailed financial statements for 5ire
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of 5ire
4 dated milestones of 5ire across 2 years, from founding to its latest funding, stage changes and deals.
- Founded 5ire is founded.
- Funding First funding round of $21.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Token Sale, of $874K.
Web traffic of 5ire
The website of 5ire (5ire.org) receives about 3.2K visits a month.
- Monthly visits3.2K
▼ 43% vs previous month
Websites whose visitors overlap most with 5ire. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
getipintel.net | getipintel.net | 100% | #8,226,499 | – | |
| vikaspumps.com | 96% | #3,955,470 | View details |
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Related news about 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 CEO of 5ire, as recorded in our data. They have also founded this company.
5ire is a funded company, having raised a total of $121M across 3 funding rounds to date. The company's 1st funding round was a Seed of $21M, raised on Oct 2021.
5ire has 62 employees.
The primary company behind 5ire, 5Irechain Techno Private Limited, reported revenue of ₹19,000 for FY 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 has 19 investors. Key investors include GAINS Associates, Extrawatts, SRAM & MRAM Group, Global Emerging Markets, and Diamond Hands.
The valuation of 5ire is $1.5B as of Jul 2022.
5ire operates through 5Irechain Techno Private Limited.
The legal entities of 5ire currently have 3 directors, including Chitra Gauri, Pratik Gauri, Prateek Dwivedi.