About Ethlas
Ethlas is a company based in Singapore (Singapore) founded in 2022 by Elston Sam. Ethlas has raised $8.7 million across 2 funding rounds from investors including Yield Guild, Peak XV Partners and DRAGONFLY. Ethlas offers products and services including Gambit, Failsafe, and Pok Pok. Ethlas operates in a competitive market with competitors including Jambo, Mode Mobile, Nestcoin, Polystream and ENJINSTARTER, among others.
- Headquarter Singapore, Singapore
- Founders Elston Sam
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Sectors
Media & EntertainmentFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Profileprint Pte. Ltd.
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Annual Revenue
$942.75 K (USD)92as on Dec 31, 2023
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Net Profit
-$2.91 M (USD)-65as on Dec 31, 2023
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EBITDA
-$2.9 M (USD)-65as on Dec 31, 2023
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Total Equity Funding
$8.7 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Seed
May 31, 2022
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Investors
Yield Guild
& 10 more
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Employee Count
Employee Count
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Products & Services of Ethlas
Ethlas offers a comprehensive portfolio of products and services, including Gambit, Failsafe, and Pok Pok.
Platform for trading gamers and earning rewards in decentralized finance.
Blockchain security solution to protect Web3 infrastructure and protocols.
Tool for enhancing financial education in blockchain and investment contexts.
Funding Insights of Ethlas
Ethlas has successfully raised a total of $8.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in May 2022. 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 2
- Last Round Seed — $6.0M
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First Round
First Round
(15 Feb 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Seed - Ethlas | Valuation | DRAGONFLY , Makers Fund |
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| Feb, 2022 | Amount | Seed - Ethlas | Valuation | Hustle Fund , Venturra Capital |
Investors in Ethlas
Ethlas has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Yield Guild, Peak XV Partners and DRAGONFLY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital and equity principal services are provided by Dragonfly.
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Founded Year | Domain | Location | |
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Venture capital funding for games and interactive entertainment.
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Founded Year | Domain | Location | |
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Seed-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ethlas
Financial Statements - Ethlas
Ethlas Comparisons
Competitors of Ethlas
Ethlas 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 Jambo, Mode Mobile, Nestcoin, Polystream and ENJINSTARTER, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web3 mobile infrastructure solutions are developed for a super app.
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| domain | founded_year | HQ Location |
Reward-based game NFTs are provided on a Web3 platform.
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| domain | founded_year | HQ Location |
Platform that builds, operates, and invests in crypto-native products
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| domain | founded_year | HQ Location |
Application and 3D game streaming platform is provided using ADN.
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| domain | founded_year | HQ Location |
Digital game assets are traded through an NFT-based platform.
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Frequently Asked Questions about Ethlas
Ethlas was founded in 2022.
Ethlas is headquartered in Singapore, Singapore.
Ethlas is a funded company, having raised a total of $8.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Feb 15, 2022.
Annual revenue of Ethlas is $942.75K as on Dec 31, 2023.
Ethlas was founded in 2022 in Singapore as an NFT-based trading platform focused on digital games. Operations include buying, selling, playing, and exchanging NFTs, along with participation in game tournaments and strategy battles. Users are enabled to purchase virtual land, construct properties, host in-game social events, or visit others lands. The platform serves the blockchain gaming sector from its base in Singapore.
Ethlas's top competitors include Nestcoin, Jambo and Mode Mobile.
Ethlas offers Gambit, Failsafe, and Pok Pok.
Ethlas has 11 investors. Key investors include Yield Guild, Peak XV Partners, DRAGONFLY, Blockchainspace, and PIF Nation.