About Fairblock
Fairblock is a company based in Toronto (Canada) founded in 2022 by Bowen You and Peyman M.. Fairblock has raised $2.5 million across 1 funding round from investors including DoraHacks, Reverie and Galileo Ventures. Fairblock operates in a competitive market with competitors including Ledger, CertiK, MetaMask, SpiderOak and Edge App, among others.
- Headquarter Toronto, Canada
- Founders Bowen You, Peyman M
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.5 M (USD)
in 1 rounds
-
Latest Funding Round
$2.5 M (USD), Seed
Oct 06, 2023
-
Investors
DoraHacks
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Fairblock
Fairblock has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in October 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
-
First Round
First Round
(06 Oct 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Fairblock | Valuation | Galileo Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fairblock
Fairblock has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include DoraHacks, Reverie and Galileo Ventures. 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 |
|---|---|---|---|---|
|
Early-stage venture capital funding is provided by Galileo Ventures.
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward blockchain startups by Lemniscap.
|
Founded Year | Domain | Location | |
|
Robot Ventures is associated with technology or robotics.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Fairblock
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Fairblock
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fairblock Comparisons
Competitors of Fairblock
Fairblock 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 Ledger, CertiK, MetaMask, SpiderOak and Edge App, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ledger is recognized for providing secure cryptocurrency hardware wallets.
|
|
| domain | founded_year | HQ Location |
Online platform for blockchain and smart contract cybersecurity
|
|
| domain | founded_year | HQ Location |
Browser-based hot wallet for cryptocurrency management and transactions is provided.
|
|
| domain | founded_year | HQ Location |
Enterprise file sharing is enabled through blockchain-based software.
|
|
| domain | founded_year | HQ Location |
Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
|
|
| domain | founded_year | HQ Location |
Regulatory compliance solutions for cryptocurrency businesses are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Fairblock
When was Fairblock founded?
Fairblock was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Fairblock located?
Fairblock is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Fairblock?
Peyman M is the current CEO of Fairblock. They have also founded this company.
Is Fairblock a funded company?
Fairblock is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Oct 06, 2023.
What does Fairblock do?
Fairblock was founded in 2022 in Toronto, Canada, within the blockchain sector. Infrastructure is developed through applied cryptography, with solutions provided for conditional decryption. Bad MEV is addressed for businesses, while on-chain applications are supported with pre-execution privacy. Transactions are encrypted by users under specified conditions for decryption and execution, facilitating secure operations in decentralized environments.
Who are the top competitors of Fairblock?
Who are Fairblock's investors?
Fairblock has 8 investors. Key investors include DoraHacks, Reverie, Galileo Ventures, Lemniscap, and Dialectic.