About LayerZero Labs Canada Inc
LayerZero Labs Canada Inc is a company based in Vancouver (Canada) founded in 2021 by Ryan Zarick, Caleb Banister, and Bryan Pellegrino.. LayerZero Labs Canada Inc has raised $318.3 million across 7 funding rounds from investors including Circle, Coinbase and Uniswap. LayerZero Labs Canada Inc has completed 1 acquisition, including Stargate Finance. LayerZero Labs Canada Inc offers products and services including OApp and OFT. LayerZero Labs Canada Inc operates in a competitive market with competitors including Axelar, Push, Multichain, Wormhole and Sending.Network, among others.
- Headquarter Vancouver, Canada
- Founders Ryan Zarick, Caleb Banister, Bryan Pellegrino
- Stage Unicorn
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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 Layerzero Labs Canada 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
$318.3 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Circle
& 32 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc offers a comprehensive portfolio of products and services, including OApp and OFT. 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.
Enables sending and receiving data across blockchains securely.
Facilitates fungible token transfers between blockchains without wrapping.
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Funding Insights of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has successfully raised a total of $318.3M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(01 Apr 2021)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series B - LayerZero Labs Canada Inc | Valuation |
investors |
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| Apr, 2025 | Amount | Series B - LayerZero Labs Canada Inc | Valuation |
investors |
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| Jul, 2024 | Amount | Token Sale - LayerZero Labs Canada Inc | Valuation |
investors |
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| 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 LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has secured backing from 33 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, Coinbase and Uniswap. 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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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital fund investing in 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 LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stargate Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cross-chain asset transfers and unified liquidity pools are enabled.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LayerZero Labs Canada Inc
| 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 |
Layerzero Labs Canada Inc Comparisons
Competitors of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc 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 Axelar, Push, Multichain, Wormhole and Sending.Network, 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 |
Online platform for cross-chain communication for web3
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| domain | founded_year | HQ Location |
Web3 communication network, enabling cross-chain notifications & messaging for dApps, wallets & services
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| domain | founded_year | HQ Location |
Multi-chain ecosystem protocols are developed and integrated across blockchain networks.
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| domain | founded_year | HQ Location |
Blockchain interoperability is facilitated through a generic message-passing protocol.
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| domain | founded_year | HQ Location |
Online platform offering messaging protocol solutions
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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 Layerzero Labs Canada Inc
Frequently Asked Questions about LayerZero Labs Canada Inc
When was LayerZero Labs Canada Inc founded?
LayerZero Labs Canada Inc was founded in 2021.
Where is LayerZero Labs Canada Inc located?
LayerZero Labs Canada Inc is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of LayerZero Labs Canada Inc?
Bryan Pellegrino is the current CEO of LayerZero Labs Canada Inc. They have also founded this company.
Is LayerZero Labs Canada Inc a funded company?
LayerZero Labs Canada Inc is a funded company, having raised a total of $318.3M across 7 funding rounds to date. The company's 1st funding round was a Token Sale of $30K, raised on Apr 01, 2021.
What does LayerZero Labs Canada Inc do?
LayerZero Labs Canada Inc. was founded in 2021 and is based in Vancouver, Canada. Operations focus on the blockchain sector, where an omnichain protocol is developed to connect decentralized applications. Secure transfer of messages and fungible tokens between multiple blockchains is facilitated without asset wrapping, middle chains, or liquidity pools. The domain layerzero.network is utilized for related activities.
Who are the top competitors of LayerZero Labs Canada Inc?
What products or services does LayerZero Labs Canada Inc offer?
LayerZero Labs Canada Inc offers OApp and OFT.
How many acquisitions has LayerZero Labs Canada Inc made?
LayerZero Labs Canada Inc has made 1 acquisition, including Stargate Finance.
Who are LayerZero Labs Canada Inc's investors?
What is LayerZero Labs Canada Inc's valuation?
The valuation of LayerZero Labs Canada Inc is $1B as of Mar 2022.