About API3
API3 is a company based in George Town (Cayman Islands) founded in 2020 by Heikki Vänttinen. API3 has raised $3 million across 2 funding rounds from investors including Digital Currency Group, CoinFund and Placeholder. API3 offers products and services including OEV Rewards and Data Feeds. API3 operates in a competitive market with competitors including Consensys, Figment, Galxe, Kyber Network and Digital Asset, among others.
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$23M (USD), Token Sale
Dec 2020
- InvestorsDigital Currency Group
& 8 more
Products & Services of API3
API3 offers a comprehensive portfolio of products and services, including OEV Rewards and Data Feeds.
Platform for earning rewards in DeFi projects via oracles.
Provides over 200 feeds for blockchain applications.
Funding Insights of API3
API3 has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $23 million completed in December 2020. 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 $3M
- Total Rounds 2
- Last Round Token Sale — $23M
- First Round $3M
(Nov 2020)
- Investors Count 9
All 2 funding rounds of API3 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 2020 | $23M | Token Sale | – | – | – |
| Nov 2020 | $3M | Seed | – | Placeholder |
9 investors in total: 9 institutional.
Investors in API3
API3 has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Digital Currency Group, CoinFund and Placeholder.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward decentralized information networks by Placeholder. | 2017 | placeholder.vc | New York, United States | |
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Accomplice is engaged in venture capital investments for startups. | – | accomplice.co | Boston, United States | |
Venture capital fund focused on crypto-assets | – | hashed.com | Seoul, South Korea | |
Blockchain startups are funded by Block0 as a VC firm. | – | block0.ch | Lausanne, Switzerland | |
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States | |
Capital and support are provided to early-stage web3 companies. | 2016 | coinfund.io | Brooklyn, United States | |
Equilibrium is recognized as a specialist in automation technology. | – | equilibrium.com | Corte Madera, USA | |
Rarestone Capital is engaged in Web3 investment and incubation. | – | rarestone.capital | - |
Investor details for API3
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of API3
6 people are tracked at API3 (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Heikki Vänttinen | Co-Founder | Leadership |
Mark F. | Api3 - DAO Member (director) | Leadership |
Ugur Mersinlioglu | Product Owner | Team |
Manu Alzuru | Dot Connector | Team |
Jiří Herzán | Product Lead | Api3 Market & Dapi Pricing | Team |
Warren Anderson | Core Technical Team | Team |
Complete people profiles for API3
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of API3
3 dated milestones of API3, from founding to its latest funding, stage changes and deals.
- Founded API3 is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Token Sale, of $23.0M.
Competitors of API3
API3 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 Consensys, Figment, Galxe, Kyber Network and Digital Asset, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| figment.io | 2018 | Toronto, Canada | $165M | 164 | Staking solutions are delivered via an online platform. | |
| galxe.com | 2021 | San Mateo, United States | $10M | – | Infrastructure for Web3 credential curation from multiple sources is offered. | |
| kyber.network | 2017 | Singapore | – | – | Blockchain-based market makers for cryptocurrencies are provided. | |
| digitalasset.com | 2014 | New York, United States | $317.16M | – | Blockchain platforms for business applications are developed and provided. | |
| oceanprotocol.com | 2017 | Singapore | – | – | Data exchange platform is provided for sharing and monetizing data. | |
| zilliqa.com | 2017 | Singapore | – | – | Blockchain-based platform for NFT and Defi application development | |
| pontem.network | 2020 | Singapore | $10.5M | – | Provider of blockchain based application development platform | |
| tatum.io | 2017 | Miami, United States | $41.7M | – | Blockchain applications are developed via an online platform. |
Detailed competitors of API3
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of API3
The website of API3 (api3.org) receives about 8.6K visits a month.
- Monthly visits8.6K
▲ 20% vs previous month
Websites whose visitors overlap most with API3. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| simpleswap.io | 100% | – | #141,499 | View details |
Latest news on Api3
Complete news archive for API3
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to API3
10 companies that operate in the same segment as API3 (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about API3
API3 was founded in 2020.
API3 is headquartered in George Town, Cayman Islands.
API3 is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Nov 2020.
API3 was founded in 2020 and is headquartered in George Town, Cayman Islands. Decentralized APIs for application development are offered within the blockchain sector, with features such as cross-platform support, serverless oracle node deployments, and API governance. Data integration and aggregation from first-party oracles are facilitated, alongside protections against centralized attack surfaces. Operations focus on secure, blockchain-enabled services for developers.
API3's top competitors include Consensys, Digital Asset and Figment.
API3 offers OEV Rewards and Data Feeds.
API3 has 9 investors. Key investors include Digital Currency Group, CoinFund, Placeholder, Pantera Capital, and Accomplice.