About Delegate
Delegate is a Technology company based in San Francisco (United States) founded in 2022. Web3 security tool for vaulting NFTs and ERC20s, claiming airdrops, and proving token ownership. It operates in the Technology and Financial Services sectors. Delegate has raised $9 million across 1 funding round from investors including Mask Network, Arca and PTC Crypto. Its focus areas include High Tech, Blockchain Infrastructure, Enablers and Security. Its competitors include CertiK, Exodus and SpiderOak; 2 of its 3 listed competitors have raised funding.
Company details
Delegate was founded in 2022 in San Francisco, United States, within the Web3 security sector. On-chain assets such as NFTs and ERC20 tokens are vaulted to maintain security. Airdrops are claimed, and token ownership is verified through dedicated tools. Governance participation for ERC20 tokens and NFT-related activities is supported without compromising asset protection. Operations focus on blockchain-based solutions for decentralized finance users.
- Headquarters San Francisco, United States
- SectorsTechnologyFinancial Services
- Email••••••••
- Website delegate.xyz
- Social LinkedIn X
- Total Equity Funding$9M (USD)
in 1 rounds
- Latest Funding Round$9M (USD), Seed
Feb 2024
- InvestorsMask Network
& 7 more
Funding Insights of Delegate
Delegate has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Seed round of $9 million completed in February 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 $9M
- Total Rounds 1
- Last Round Seed — $9M
- First Round $9M
(Feb 2024)
- Investors Count 8
All 1 funding rounds of Delegate 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 |
|---|---|---|---|---|---|
| Feb 2024 | $9M | Seed | – | Electric Capital, Arca |
8 investors in total: 8 institutional.
Investors in Delegate
Delegate has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Mask Network, Arca and PTC Crypto.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cryptocurrency investment firm | electriccapital.com | Palo Alto, United States | ||
Venture capital firm focused on digital assets and web3 | arringtoncapital.com | Seattle, United States | ||
Early-stage crypto projects in culture and consumer tech are funded. | collabcurrency.com | Eugene, United States | ||
Bloccelerate VC is focused on investing in blockchain startups. | bloccelerate.vc | Seattle, United States | ||
Cryptocurrency investment management is provided by Arca. | 2018 | ar.ca | Los Angeles, United States | |
Venture capital firm focused on blockchain investments and decentralized technologies. | 2020 | variant.fund | Brooklyn, United States | |
Provider of encrypted messaging applications | 2018 | mask.io | Champaign, United States | |
Cryptocurrency investments are managed by the firm PTC Crypto. | 2021 | ptccrypto.xyz | Miami Beach, United States |
Investor details for Delegate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Timeline of Delegate
2 dated milestones of Delegate across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Delegate is founded.
- Funding First funding round of $9.0M.
Competitors of Delegate
Delegate has 3 listed competitors in our database, 2 of them funded. They include CertiK, Exodus and SpiderOak.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| certik.com | 2017 | New York, United States | $296.15M | Online platform for blockchain and smart contract cybersecurity | ||
| exodus.com | 2015 | Omaha, United States | Colocation, managed hosting, enterprise cloud, and IT solutions are provided. | |||
| spideroak.com | 2007 | Northbrook, United States | $35.05M | 29 | Enterprise file sharing is enabled through blockchain-based software. |
Detailed competitors of Delegate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Delegate
The website of Delegate (delegate.xyz) receives about 6.3K visits a month.
- Monthly visits6.3K
▲ 207.5% vs previous month
Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Delegate (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Frequently Asked Questions about Delegate
Delegate was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Delegate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Delegate is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Seed of $9M, raised on Feb 2024.
Delegate was founded in 2022 in San Francisco, United States, within the Web3 security sector. On-chain assets such as NFTs and ERC20 tokens are vaulted to maintain security. Airdrops are claimed, and token ownership is verified through dedicated tools. Governance participation for ERC20 tokens and NFT-related activities is supported without compromising asset protection. Operations focus on blockchain-based solutions for decentralized finance users.
Delegate has 8 investors. Key investors include Mask Network, Arca, PTC Crypto, Electric Capital, and Variant Fund.