About LayerZero Labs Canada Inc
LayerZero Labs Canada Inc is a Technology company based in Vancouver (Canada) founded in 2021 by Ryan Zarick, Caleb Banister, and Bryan Pellegrino. Omnichain interoperability protocol is enabled for decentralized applications across blockchains. LayerZero Labs Canada Inc has raised $318.3 million across 8 funding rounds from investors including Circle, Coinbase and Uniswap. The company has 166 employees. LayerZero Labs Canada Inc has completed 1 acquisition, including Stargate Finance. LayerZero Labs Canada Inc was last valued at $3 billion in April 2023. Its chief executive, as recorded, is Bryan Pellegrino. Its website layerzero.network draws about 92 thousand monthly visits. LayerZero Labs Canada Inc offers products and services including OApp and OFT. Its focus areas include High Tech, Blockchain Infrastructure, Middleware and Cross Chain. Its legal entity is LAYERZERO LABS CANADA INC.
Company details
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.
- Headquarters Vancouver, Canada
- Employees 166
- Founders Ryan Zarick, Caleb Banister, Bryan Pellegrino
- Stage Unicorn
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Website layerzero.network
- Social LinkedIn X
- Legal Name Layerzero Labs Canada Inc.
- Total Equity Funding$318.3M (USD)
in 8 rounds
- InvestorsCircle
& 52 more
- Employee Count166
- Investments & Acquisitions
Products & Services of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc offers a comprehensive portfolio of products and services, including OApp and OFT.
Enables sending and receiving data across blockchains securely.
Facilitates fungible token transfers between blockchains without wrapping.
Funding Insights of LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has successfully raised a total of $318.3M across 8 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 $318.3M
- Total Rounds 8
- First Round $2M
(Apr 2021)
- Investors Count 53
All 8 funding rounds of LayerZero Labs Canada Inc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | Series B | – | – | ||
| Feb 2026 | Series B | – | – | ||
| Apr 2025 | $55M | Series B | – | – | |
| Jul 2024 | $30,000 | Token Sale | – | – | – |
| Apr 2023 | $120M | Series B | – | a16z, Circle Ventures | |
| Mar 2022 | $135M | Series B | $1B | Sequoia Capital, FTX | |
| Sep 2021 | $6.3M | Series A | – | Multicoin Capital | |
| Apr 2021 | $2M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1B | •••••••• |
Last known valuation $3B (Apr 2023). 53 investors in total: 53 institutional.
Investors in LayerZero Labs Canada Inc
LayerZero Labs Canada Inc has secured backing from 53 investors, including venture fund and institutional investors. Prominent investors backing the company include Circle, Coinbase and Uniswap.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Venture capital fund investing in early-stage tech startups | samsungnext.com | Berlin, Germany | ||
Investments in multiple sectors are made by Bond Capital. | bondcap.com | San Francisco, United States | ||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Robot Ventures is associated with technology or robotics. | robvc.com | New York, United States | ||
Early-stage blockchain projects are targeted for investment by Genblock Capital. | genblock.capital | San Francisco, United States | ||
Crypto-native investment firm focusing on Web3, DeFi, gaming, and infrastructure assets globally. | defiance.capital | |||
Advisory, venture capital, and startup services for blockchain are provided. | spartangroup.io | Singapore, Singapore |
Investor details for LayerZero Labs Canada Inc
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of LayerZero Labs Canada Inc
38 people are tracked at LayerZero Labs Canada Inc (10 in leadership, 1 in board & advisors, 27 in team); the tracked headcount is 166.
| Name | Role | Group |
|---|---|---|
Ryan Zarick | Co-Founder | Leadership |
Caleb Banister | Co-Founder | Leadership |
Bryan Pellegrino | Co-Founder & CEO | Leadership |
Richard Dietrich | Head of Talent | Leadership |
Daniel P. Ahn | Head Of Research | Leadership |
Simonas Baksys | Vp, Business Development | Leadership |
Robin Gautier | VP Of Engineering | Leadership |
Poonam T. | Head Of Human Resources | Leadership |
Jillian Jaffe | Head Of Partnerships | Leadership |
Alex Jongkyu Lim | Head Of Gaming/nft | Leadership |
Rob Sadow | Angel Investor | Board & advisors |
Debjit Mandal | Frontend Developer | Team |
Sivcan Singh | Software Engineer | Team |
Garret Bonosky | Business Operations Manager | Team |
Dominic Davis | Growth | Team |
Agnes L. | Project Manager | Team |
Erfan Abedi | Software Engineer | Team |
Kenneth Yun | Recruiting | Team |
Michelle Tran | Business Operations Lead | Team |
Shayan Shafaghi | Software Engineer | Team |
18 more people are available in the full profile.
Complete people profiles for LayerZero Labs Canada Inc
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cross-chain asset transfers and unified liquidity pools are enabled. | stargate.finance | Switzerland | 2021 | Aug 2025 | $110M |
Complete acquisition details for LayerZero Labs Canada Inc
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Timeline of LayerZero Labs Canada Inc
5 dated milestones of LayerZero Labs Canada Inc across 5 years, from founding to its latest funding, stage changes and deals.
- Founded LayerZero Labs Canada Inc is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Stargate Finance.
- Funding Latest funding round, Series B,.
Web traffic of LayerZero Labs Canada Inc
The website of LayerZero Labs Canada Inc (layerzero.network) receives about 91.6K visits a month and ranks #476,584 among all websites worldwide, #4,834 in Investing.
- Monthly visits91.6K
▲ 27.2% vs previous month
- Unique visitors30.2K
per month
- Global rank#476,584
among all websites
- Category rank#4,834
Finance · Investing
- Bounce rate43%
- Pages per visit2.3
- Average visit49 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with LayerZero Labs Canada Inc. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aptoslabs.com | 100% | 64.3K | #440,428 | View details | |
| arbitrum.io | 91% | 184.5K | #244,849 | View details | |
| cypherhunter.com | 90% | 67.3K | #452,295 | View details | |
layerzeroscan.com | layerzeroscan.com | 86% | #948,334 | – | |
l2beat.com | l2beat.com | 86% | #434,765 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for LayerZero Labs Canada Inc
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Related news about Layerzero Labs Canada Inc
Complete news archive for LayerZero Labs Canada Inc
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Frequently Asked Questions about LayerZero Labs Canada Inc
LayerZero Labs Canada Inc was founded in 2021.
LayerZero Labs Canada Inc is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Bryan Pellegrino is the CEO of LayerZero Labs Canada Inc, as recorded in our data. They have also founded this company.
LayerZero Labs Canada Inc is a funded company, having raised a total of $318.3M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 2021.
LayerZero Labs Canada Inc has 166 employees.
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.
LayerZero Labs Canada Inc offers OApp and OFT.
LayerZero Labs Canada Inc has made 1 acquisition, including Stargate Finance.
The valuation of LayerZero Labs Canada Inc is $3B as of Apr 2023.
LayerZero Labs Canada Inc operates through Layerzero Labs Canada Inc..