Ocean Protocol

Singapore, Singapore Founded: 2017 • Age: 9 yrs
Data exchange platform is provided for sharing and monetizing data.
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About Ocean Protocol

Ocean Protocol is a company based in Singapore (Singapore) founded in 2017 by Trent McConaghy, Chirdeep Singh, and Bruce Pon.. Ocean Protocol offers products and services including Predictoor, Ocean Nodes, Data NFTs, Datatokens, and Compute-to-Data. Ocean Protocol operates in a competitive market with competitors including Consensys, Informatica, IoTeX, Cleo and Nexla, among others.

  • Headquarter Singapore, Singapore
  • Founders Trent McConaghy, Chirdeep Singh, Bruce Pon
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ocean Protocol Foundation Ltd
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Technology → Enterprise Software & Productivity Solutions
Technology → Blockchain, Web3 & Digital Assets
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $8.57 M (USD), Token Sale

    May 03, 2019

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ocean Protocol

Ocean Protocol offers a comprehensive portfolio of products and services, including Predictoor, Ocean Nodes, Data NFTs, Datatokens, and Compute-to-Data. 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

AI tool for running prediction bots on crypto price feeds.

Platform to enhance AI capabilities with computational resources.

Tokens for protecting intellectual property and data access.

System for managing permissions to Data NFTs via ERC20 tokens.

Enables remote AI computations without relocating data.

People of Ocean Protocol
Headcount 50-200
Employee Profiles 5
Board Members and Advisors 20
Employee Profiles
People
Bruce Pon
Founder
People
Johannes Drooghaag
Ocean Protocol Ambassador
People
Daniel Lustig
Founding Member

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Board Members and Advisors
people
Peter Wang
Advisor
people
Meltem Demirors
Advisor
people
Carsten Stöcker
Advisor
people
Lawrence Lundy
Advisor

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Funding Insights of Ocean Protocol

  • Total Funding
  • Total Rounds 2
  • Last Round Token Sale — $8.6M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Token Sale - Ocean Protocol Valuation

investors

Dec, 2017 Amount Seed - Ocean Protocol Valuation Outlier 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 Ocean Protocol

Ocean Protocol has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Outlier 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
Investor Description Founded Year Domain Location
Web3 startups are accelerated and supported by Outlier Ventures.
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 Ocean Protocol

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 - Ocean Protocol

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

Ocean Protocol Comparisons

Employees
+
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Competitors of Ocean Protocol

Ocean Protocol 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 Consensys, Informatica, IoTeX, Cleo and Nexla, 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
Developer of blockchain and web3 software platform
domain founded_year HQ Location
Cloud based enterprise data preparation and management platform
domain founded_year HQ Location
Blockchain-based connectivity for IoT applications is facilitated.
domain founded_year HQ Location
Cleo is recognized for providing supply chain integration solutions.
domain founded_year HQ Location
An AI-powered platform for data integration and management is developed.
domain founded_year HQ Location
Staking solutions are delivered via an online 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 Ocean Protocol

Frequently Asked Questions about Ocean Protocol

When was Ocean Protocol founded?

Ocean Protocol was founded in 2017.

Where is Ocean Protocol located?

Ocean Protocol is headquartered in Singapore, Singapore.

What does Ocean Protocol do?

Ocean Protocol was founded in 2017 in Singapore as a provider of a data exchange platform. Operations focus on enabling users to share and monetize data through blockchain technology, with features ensuring control, auditability, transparency, and compliance. The platform serves the data economy sector, supporting secure transactions and data governance across global users.

Who are the top competitors of Ocean Protocol?

Ocean Protocol's top competitors include Consensys, IoTeX and Figment.

What products or services does Ocean Protocol offer?

Ocean Protocol offers Predictoor, Ocean Nodes, Data NFTs, Datatokens, and Compute-to-Data.

Who are Ocean Protocol's investors?

Ocean Protocol has 1 investor. Key investors include Outlier Ventures.

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