Jito Labs

United States Founded: 2021 • Age: 5 yrs
Software for validators to earn more rewards with mining

About Jito Labs

Jito Labs is a company based in United States founded in 2021.. Jito Labs has raised $10 million across 1 funding round from investors including Multicoin Capital, Delphi Digital and Framework Ventures. Jito Labs offers products and services including Solana MEV Software, JitoSOL Staking Pool, and Block Engine. Jito Labs operates in a competitive market with competitors including CyberConnect, Lido, EigenLayer, P2P and GoGoPool, among others.

  • Headquarter United States
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jito Labs, Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Aug 11, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Jito Labs

Jito Labs offers a comprehensive portfolio of products and services, including Solana MEV Software, JitoSOL Staking Pool, and Block Engine. 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.

Primary

Enables MEV extraction for Solana validators and searchers.

Liquid staking for Solana to support network health and decentralization.

Facilitates efficient trading and bundle processing on Solana.

People of Jito Labs
Headcount 10000+
Employee Profiles 2
Employee Profiles
People
Rebecca Rettig
Chief Legal Officer

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Teams

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Funding Insights of Jito Labs

Jito Labs has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 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 Rounds 1
  • Last Round Series A — $10.0M
  • First Round

    (11 Aug 2022)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Series A - Jito Labs Valuation Multicoin Capital , Framework 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 Jito Labs

Jito Labs has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Multicoin Capital, Delphi Digital 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Blockchain startups are funded by Framework Ventures venture capital.
Founded Year Domain Location
Solana Ventures is focused on investing in Solana-based companies.
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 Jito Labs

Investments
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 - Jito Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Jito Labs Comparisons

Employees
+
Add Comparison
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Competitors of Jito Labs

Jito Labs 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 GoGoPool, 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
Web3 social network platform
domain founded_year HQ Location
Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
domain founded_year HQ Location
Platform offering a set of smart contracts on Ethereum
domain founded_year HQ Location
Non-custodial staking platform for cryptocurrencies is provided to users.
domain founded_year HQ Location
Decentralized staking for Avalanche subnets is facilitated through liquid pools.
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.

Latest news on Jito Labs

Frequently Asked Questions about Jito Labs

When was Jito Labs founded?

Jito Labs was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Jito Labs located?

Jito Labs is headquartered in United States.

Is Jito Labs a funded company?

Jito Labs is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Aug 11, 2022.

What does Jito Labs do?

Jito Labs was founded in 2021 in the United States within the blockchain sector. Software is developed to enable validators to earn additional rewards through mining activities on the Solana network. MEV infrastructure is offered to scale operations and optimize rewards. Key components include the Jito-Solana Client for hardware utilization and the Jito Block Engine for block management, supporting validator efficiency across decentralized systems.

Who are the top competitors of Jito Labs?

Jito Labs's top competitors include Lido, EigenLayer and CyberConnect.

What products or services does Jito Labs offer?

Jito Labs offers Solana MEV Software, JitoSOL Staking Pool, and Block Engine.

Who are Jito Labs's investors?

Jito Labs has 13 investors. Key investors include Multicoin Capital, Delphi Digital, Framework Ventures, Alameda Research, and Solana Ventures.

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