About Informal Systems
Informal Systems is a company based in Toronto (Canada) founded in 2019.. Informal Systems has raised $5.3 million across 1 funding round from investors including CMCC Global, Nascent and Maven 11. Informal Systems operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Toronto, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.3 M (USD)
in 1 rounds
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Latest Funding Round
$5.3 M (USD), Series A
Jun 07, 2023
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Investors
CMCC Global
& 2 more
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Employee Count
Employee Count
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Funding Insights of Informal Systems
Informal Systems has successfully raised a total of $5.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.3 million completed in June 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 Series A — $5.3M
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First Round
First Round
(07 Jun 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Informal Systems | Valuation | CMCC Global |
| 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 Informal Systems
Informal Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include CMCC Global, Nascent and Maven 11. 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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VC firm making investment on blockchain
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Founded Year | Domain | Location | |
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Venture capital is provided to tech startups by Maven 11.
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Founded Year | Domain | Location | |
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Nascent is engaged in building and investing in open financial markets.
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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 Informal Systems
| 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 - Informal Systems
| 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 |
Informal Systems Comparisons
Competitors of Informal Systems
Informal Systems 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 |
|---|---|---|---|---|
| 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 Informal Systems
Frequently Asked Questions about Informal Systems
When was Informal Systems founded?
Informal Systems was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Informal Systems located?
Informal Systems is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Informal Systems?
Ethan Buchman is the current CEO of Informal Systems.
Is Informal Systems a funded company?
Informal Systems is a funded company, having raised a total of $5.3M across 1 funding round to date. The company's 1st funding round was a Series A of $5.3M, raised on Jun 07, 2023.
What does Informal Systems do?
Informal Systems was established in 2019 in Toronto, Canada, within the blockchain sector. Networks and tools for interchain operations are provided, supporting the creation of formal verification for design, engineering, and security audits. Services encompass proof-of-stake validation, IBC relaying, audits for cross-chain protocols, and foundational blockchain infrastructure, with operations centered in North America.
Who are the top competitors of Informal Systems?
Informal Systems's top competitors include Mysten Labs, Solana and O(1) Labs.
Who are Informal Systems's investors?
Informal Systems has 3 investors. Key investors include CMCC Global, Nascent, and Maven 11.
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