About Gelato
Gelato is a company based in Zug (Switzerland) founded in 2019 by Luis Schliesske and Hilmar Orth. It operates as a API-as-a-Product, and Blockchain-as-a-Service. Gelato has raised $23.2 million across 4 funding rounds from investors including Animoca Brands, Galaxy and Gnosis. Gelato offers products and services including Paymaster & Bundler and Rollups. Gelato operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Zug, Switzerland
- Founders Luis Schliesske, Hilmar Orth
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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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- Legal Name Gelato Digital
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.2 M (USD)
in 4 rounds
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Latest Funding Round
$11 M (USD), Series A
Oct 08, 2024
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Investors
Animoca Brands
& 12 more
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Employee Count
Employee Count
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Products & Services of Gelato
Gelato offers a comprehensive portfolio of products and services, including Paymaster & Bundler and Rollups. 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.
Gasless transactions are enabled across multiple blockchain networks.
Custom rollup solutions are provided for blockchain scalability.
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Funding Insights of Gelato
Gelato has successfully raised a total of $23.2M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in October 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 4
- Last Round Series A — $11.0M
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First Round
First Round
(15 Sep 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Gelato | Valuation | Hack VC | |
| Jan, 2024 | Amount | Series A - Gelato | Valuation | IOSG Ventures |
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| Sep, 2021 | Amount | Series A - Gelato | Valuation | 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 Gelato
Gelato has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Animoca Brands, Galaxy and Gnosis. 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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Web3 venture capital firm partnering on blockchain projects.
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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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Investments are focused on crypto and tech companies by ParaFi.
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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 Gelato
| 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 - Gelato
| 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 |
Gelato Comparisons
Competitors of Gelato
Gelato 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 Solana, Ankr, Mysten Labs, O(1) Labs and Chain, 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 |
Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| domain | founded_year | HQ Location |
A blockchain-based public network is operated for decentralized application development.
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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 Gelato
Frequently Asked Questions about Gelato
When was Gelato founded?
Gelato was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Gelato located?
Gelato is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
Is Gelato a funded company?
Gelato is a funded company, having raised a total of $23.2M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Sep 15, 2020.
What does Gelato do?
Gelato is established as a provider of blockchain infrastructure solutions. Services are focused on smart wallets, gasless user experiences, and rollup technologies. Support is extended across over 100 chains, enabling gasless transactions and custom rollup deployments. Tools and APIs are offered to developers for building scalable blockchain applications. The platform is utilized to manage onchain experiences through a unified dashboard and integration system.
Who are the top competitors of Gelato?
Gelato's top competitors include Mysten Labs, Solana and O(1) Labs.
What products or services does Gelato offer?
Gelato offers Paymaster & Bundler and Rollups.
Who are Gelato's investors?
Gelato has 13 investors. Key investors include Animoca Brands, Galaxy, Gnosis, ParaFi, and DRAGONFLY.