About Galxe
Galxe is a company based in San Mateo (United States) founded in 2021 by Harry Zhang, Charles Wayn, and Xinlu C.. Galxe has raised $10 million across 2 funding rounds from investors including Coinbase, Mask Network and Injective. Galxe offers products and services including Galxe Identity Protocol, Galxe Passport, Galxe Quest, Galxe Score, and Galxe Earndrop. Galxe operates in a competitive market with competitors including Consensys, Figment, QuickNode, Covalent and Origin Protocol, among others.
- Headquarter San Mateo, United States
- Founders Harry Zhang, Charles Wayn, Xinlu C
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Sectors
TechnologyFinancial Services
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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
$10 M (USD)
in 2 rounds
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Latest Funding Round
$25.24 M (USD), Token Sale
Feb 24, 2022
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Investors
Coinbase
& 25 more
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Employee Count
Employee Count
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Products & Services of Galxe
Galxe offers a comprehensive portfolio of products and services, including Galxe Identity Protocol, Galxe Passport, Galxe Quest, Galxe Score, and Galxe Earndrop. 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.
Infrastructure for self-sovereign digital identity using zero-knowledge proofs.
Secure storage and sharing of identity data across Web3 applications.
Platform for Web3 growth via reward-based loyalty programs.
Web3 reputation scoring based on user achievements and assets.
Tool for seamless token distribution to global users.
AI copilot for Web3 research via browser extension and chatbot.
Funding Insights of Galxe
Galxe has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $25.24 million completed in February 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 Token Sale — $25.2M
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First Round
First Round
(25 Jan 2022)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Token Sale - Galxe | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - Galxe | Valuation | Multicoin Capital , DRAGONFLY |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Galxe
Galxe has secured backing from 26 investors, including institutional and venture fund investors. Prominent investors backing the company include Coinbase, Mask Network and Injective. 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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Advisory, venture capital, and startup services for blockchain are provided.
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Founded Year | Domain | Location | |
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Tech investments are made stage-agnostically in China and the US.
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Founded Year | Domain | Location | |
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Venture capital fund focused on early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Galxe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Galxe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Galxe Comparisons
Competitors of Galxe
Galxe 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, QuickNode, Covalent and Origin Protocol, 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Staking solutions are delivered via an online platform.
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| domain | founded_year | HQ Location |
Blockchain node infrastructure and dApp APIs are provided.
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| domain | founded_year | HQ Location |
Blockchain protocol for data privacy and monetization is offered.
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| domain | founded_year | HQ Location |
A blockchain platform is provided for building decentralized marketplaces.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Galxe
Frequently Asked Questions about Galxe
When was Galxe founded?
Galxe was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Galxe located?
Galxe is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Galxe a funded company?
Galxe is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jan 25, 2022.
What does Galxe do?
Galxe was founded in 2021 and is headquartered in San Mateo, United States. As a Web3 credential data network, infrastructure is provided for community members to curate and contribute digital credentials. Multiple data sources are supported to facilitate this process, enabling the building of decentralized identity and verification systems within the blockchain sector. Operations focus on enhancing data interoperability for Web3 applications.
Who are the top competitors of Galxe?
Galxe's top competitors include Consensys, Digital Asset and Figment.
What products or services does Galxe offer?
Galxe offers Galxe Identity Protocol, Galxe Passport, Galxe Quest, Galxe Score, and 2 more products and services.
Who are Galxe's investors?
Galxe has 26 investors. Key investors include Coinbase, Mask Network, Injective, Multicoin Capital, and Shima Capital.
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