About Binarii Labs
Binarii Labs is a company based in Leixlip (Ireland) founded in 2021 by Nigel Carter.. Binarii Labs has raised $3.01 million across 3 funding rounds from investors including Enterprise Ireland. Binarii Labs offers products and services including Data Security Platform, Data Security Management System, Password Manager, and Captrii. Binarii Labs operates in a competitive market with competitors including Poko, nChain, ZhongAn Technology, OwlTing and Coinnect, among others.
- Headquarter Leixlip, Ireland
- Founders Nigel Carter
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.01 M (USD)
in 3 rounds
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Latest Funding Round
$431.99 K (USD), Seed
Jul 05, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Binarii Labs
Binarii Labs offers a comprehensive portfolio of products and services, including Data Security Platform, Data Security Management System, Password Manager, and Captrii. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for data encryption and distribution across clouds.
System for secure file storage and sharing protocols.
Extension for decentralized storage of sensitive data.
Platform for managing share capital and KYC processes.
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Funding Insights of Binarii Labs
Binarii Labs has successfully raised a total of $3.01M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $431.99 thousand completed in July 2024. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $431,992
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First Round
First Round
(17 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Seed - Binarii Labs | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Binarii Labs | Valuation |
investors |
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| Apr, 2022 | Amount | Seed - Binarii Labs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Binarii Labs
Binarii Labs has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Enterprise Ireland. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Binarii Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Binarii Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Binarii Labs Comparisons
Competitors of Binarii Labs
Binarii Labs 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 Poko, nChain, ZhongAn Technology, OwlTing and Coinnect, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Fruits are retailed by Poko in Hanoi, Vietnam.
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Blockchain consulting services are provided by nChain since 2015.
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Blockchain technology services are provided to various clients.
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Blockchain consulting and custom applications are provided to industries.
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Provider of solutions to assess, mitigate, and manage cyber security risks for insurance industry
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Binarii Labs
Frequently Asked Questions about Binarii Labs
When was Binarii Labs founded?
Binarii Labs was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Binarii Labs located?
Binarii Labs is headquartered in Leixlip, Ireland. It is registered at Leixlip, County Kildare, Ireland.
Is Binarii Labs a funded company?
Binarii Labs is a funded company, having raised a total of $3.01M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Apr 17, 2022.
What does Binarii Labs do?
Binarii Labs was founded in 2021 and is headquartered in Leixlip, Ireland. Operations focus on the blockchain sector, where consulting services are offered to support technology implementation and strategy development. Expertise is led by co-founder Nigel Carter, with services tailored for businesses seeking blockchain integration. The company maintains a presence in the European market, addressing needs in decentralized systems and digital innovation.
Who are the top competitors of Binarii Labs?
What products or services does Binarii Labs offer?
Binarii Labs offers Data Security Platform, Data Security Management System, Password Manager, and Captrii.
Who are Binarii Labs's investors?
Binarii Labs has 1 investor. Key investors include Enterprise Ireland.
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