About Movement Labs
Movement Labs is a company based in San Francisco (United States) founded in 2023 by Cooper Scanlon and Rushi Manche.. Movement Labs has raised $41.4 million across 2 funding rounds from investors including Binance, Aptos Labs and OKX. Movement Labs offers products and services including Movement Blockchain and Move Collective. Movement Labs operates in a competitive market with competitors including StarkWare, Immutable, Matter Labs, Mysten Labs and Aleo, among others.
- Headquarter San Francisco, United States
- Founders Cooper Scanlon, Rushi Manche
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$41.4 M (USD)
in 2 rounds
-
Latest Funding Round
$38 M (USD), Series A
Apr 25, 2024
-
Investors
Binance
& 17 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Movement Labs
Movement Labs offers a comprehensive portfolio of products and services, including Movement Blockchain and Move Collective. 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.
Network for building secure decentralized applications with MoveVM.
Program for nurturing teams in blockchain development and ecosystems.
Unlock access to complete
Software Development Team
2 people
Senior Team
1 people
Staff Team
1 people
Leadership Team
1 people
Co Team
1 people
Unlock access to complete
Funding Insights of Movement Labs
Movement Labs has successfully raised a total of $41.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $38 million completed in April 2024. 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 Series A — $38.0M
-
First Round
First Round
(13 Sep 2023)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Movement Labs | Valuation | Polychain | |
| Sep, 2023 | Amount | Seed - Movement Labs | Valuation | Varys Capital , dao5 |
| 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 Movement Labs
Movement Labs has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Binance, Aptos Labs and OKX. 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 |
|---|---|---|---|---|
|
Decentralized financing investments are managed by Varys Capital venture fund.
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on cryptocurrency
|
Founded Year | Domain | Location | |
|
Interop is engaged in funding blockchain and DeFi startups.
|
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 Movement Labs
| 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 - Movement Labs
| 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 |
Movement Labs Comparisons
Competitors of Movement Labs
Movement 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 StarkWare, Immutable, Matter Labs, Mysten Labs and Aleo, 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 |
Zero-knowledge proof roll-up solutions are provided for blockchain scaling.
|
|
| domain | founded_year | HQ Location |
Blockchain infrastructure for NFT games and applications is developed.
|
|
| domain | founded_year | HQ Location |
Blockchain privacy is supported by verifiable computation in finance infrastructure.
|
|
| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
|
|
| domain | founded_year | HQ Location |
Blockchain-based network is provided for developers to build applications.
|
|
| domain | founded_year | HQ Location |
Smart contract platform
|
| 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 Movement Labs
Frequently Asked Questions about Movement Labs
When was Movement Labs founded?
Movement Labs was founded in 2023.
Where is Movement Labs located?
Movement Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Movement Labs a funded company?
Movement Labs is a funded company, having raised a total of $41.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Sep 13, 2023.
What does Movement Labs do?
Founded in 2023 and based in San Francisco, United States, Movement Labs operates in the civic technology sector. Data, technology, and experimental approaches are integrated to support progressive causes. A network of volunteers is leveraged to improve security, performance, and user experience. Peer-to-peer texting services are provided to assist grassroots movements and facilitate voter mobilization across the region.
Who are the top competitors of Movement Labs?
Movement Labs's top competitors include Mysten Labs, StarkWare and Matter Labs.
What products or services does Movement Labs offer?
Movement Labs offers Movement Blockchain and Move Collective.
Who are Movement Labs's investors?
Movement Labs has 18 investors. Key investors include Binance, Aptos Labs, OKX, Polychain, and BENQi.