About GoGoPool
GoGoPool is a company based in Akron (United States) founded in 2014.. GoGoPool has raised $5 million across 2 funding rounds from investors including Republic, Flow Traders and Framework Ventures. GoGoPool offers products and services including ggAVAX, Minipools, Layer 1 Launcher, and Marketplace. GoGoPool operates in a competitive market with competitors including CyberConnect, Lido, EigenLayer, P2P and Bake, among others.
- Headquarter Akron, United States
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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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- Legal Name Multisig Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$300 K (USD), Token Sale
Apr 26, 2023
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Investors
Republic
& 8 more
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Employee Count
Employee Count
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Products & Services of GoGoPool
GoGoPool offers a comprehensive portfolio of products and services, including ggAVAX, Minipools, Layer 1 Launcher, and Marketplace. 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.
Token for earning yield through staking on Avalanche network.
Active pools for AVAX staking and yield generation.
Tool to deploy and manage custom Layer 1 blockchains.
Hub for exploring and participating in Layer 1 networks.
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Funding Insights of GoGoPool
GoGoPool has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $300 thousand completed in April 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 2
- Last Round Token Sale — $300,000
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First Round
First Round
(02 Sep 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Token Sale - GoGoPool | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - GoGoPool | Valuation | Framework Ventures , CoinFund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 GoGoPool
GoGoPool has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Republic, Flow Traders and Framework 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 |
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Investments in FinTech startups are managed by the firm.
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Founded Year | Domain | Location | |
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Blockchain startups are funded by Framework Ventures venture capital.
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Founded Year | Domain | Location | |
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Online alternative fundraising platform to invest in startups, real estate, crypto, and video games
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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 GoGoPool
| 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 - GoGoPool
| 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 |
Gogopool Comparisons
Competitors of GoGoPool
GoGoPool 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 CyberConnect, Lido, EigenLayer, P2P and Bake, 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 |
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| domain | founded_year | HQ Location |
Web3 social network platform
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Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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Platform offering a set of smart contracts on Ethereum
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| domain | founded_year | HQ Location |
Non-custodial staking platform for cryptocurrencies is provided to users.
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| domain | founded_year | HQ Location |
Cryptocurrency staking and rewards are enabled through multiple services.
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| domain | founded_year | HQ Location |
Non-custodial staking solutions for Ethereum are provided in liquid form.
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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 Gogopool
Frequently Asked Questions about GoGoPool
When was GoGoPool founded?
GoGoPool was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is GoGoPool located?
GoGoPool is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
Is GoGoPool a funded company?
GoGoPool is a funded company, having raised a total of $5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Sep 02, 2022.
What does GoGoPool do?
Decentralized staking protocol for Avalanche subnets. The platform has two users node operators and liquid stakers. By using GCP token node operators can launch new validator nodes with liquid staking funds, and earn AVAX and GGP rewards. By restaking GGP rewards node operators request delegation from the liquid staking pool, increasing their overall yield. The liquid stakers deposit AVAX and receive ggAVAX. The ggAVAX represents the deposited AVAX and any rewards accrued, and can be used across DeFi apps to generate yield.
Who are the top competitors of GoGoPool?
GoGoPool's top competitors include Lido, EigenLayer and CyberConnect.
What products or services does GoGoPool offer?
GoGoPool offers ggAVAX, Minipools, Layer 1 Launcher, and Marketplace.
Who are GoGoPool's investors?
GoGoPool has 9 investors. Key investors include Republic, Flow Traders, Framework Ventures, CoinFund, and Avalaunch.
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