About Offchain Labs
Offchain Labs is a company based in Princeton (United States) founded in 2018 by Harry Kalodner and Edward Felten.. Offchain Labs has raised $123.7 million across 5 funding rounds from investors including Binance, Lightspeed Venture Partners and Polychain. Offchain Labs has completed 2 acquisitions, including Prysmatic Labs and ZeroDev. Offchain Labs offers products and services including Arbitrum One, Arbitrum Nova, Arbitrum Orbit, Prysm, and Stylus. Offchain Labs operates in a competitive market with competitors including Optimism, Metis, Fuel Labs, Arbitrum and Morph, among others.
- Headquarter Princeton, United States
- Founders Harry Kalodner, Edward Felten
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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 Offchain Labs, 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
$123.7 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Binance
& 12 more
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Employee Count
Employee Count
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Investments & Acquisitions
Prysmatic Labs
& 1 more
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Products & Services of Offchain Labs
Offchain Labs offers a comprehensive portfolio of products and services, including Arbitrum One, Arbitrum Nova, Arbitrum Orbit, Prysm, and Stylus. 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.
Ethereum scaling using rollup technology for blockchain applications.
Handles high-volume transactions with low costs via AnyTrust technology.
Supports custom chain launches using advanced scaling technology.
Enables users to run Ethereum nodes or become validators.
Deploys smart contracts in languages like Rust, C, and C++.
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Funding Insights of Offchain Labs
Offchain Labs has successfully raised a total of $123.7M across 5 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 5
- Last Round Last Round
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First Round
First Round
(03 Apr 2019)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series B - Offchain Labs | Valuation | Binance |
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| Aug, 2021 | Amount | Series B - Offchain Labs | Valuation | Lightspeed Venture Partners | |
| Apr, 2021 | Amount | Series A - Offchain Labs | 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 Offchain Labs
Offchain Labs has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Binance, Lightspeed Venture Partners and Polychain. 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 investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage companies in fintech and multiple sectors are invested in.
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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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 Offchain Labs
Offchain Labs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Prysmatic Labs and ZeroDev. 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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SDK offered for web3 app development with non-custodial wallet integration.
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2022 | ||||
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Blockchain development and infrastructure services are provided by Prysmatic Labs.
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2018 |
| 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 - Offchain Labs
| 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 |
Offchain Labs Comparisons
Competitors of Offchain Labs
Offchain 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 Optimism, Metis, Fuel Labs, Arbitrum and Morph, 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 |
Optimistic rollups are employed for smart contract execution on Ethereum.
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| domain | founded_year | HQ Location |
Blockchain platform is utilized for developing and launching decentralized applications.
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| domain | founded_year | HQ Location |
Blockchain scaling and development solutions are delivered for decentralized applications.
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| domain | founded_year | HQ Location |
Blockchain applications for fintech are enabled on a decentralized network.
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| domain | founded_year | HQ Location |
A consumer finance layer is offered by Morph.
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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 Offchain Labs
Frequently Asked Questions about Offchain Labs
When was Offchain Labs founded?
Offchain Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Offchain Labs located?
Offchain Labs is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Is Offchain Labs a funded company?
Offchain Labs is a funded company, having raised a total of $123.7M across 5 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Apr 03, 2019.
What does Offchain Labs do?
Offchain Labs was founded in 2018 and is headquartered in Princeton, United States. Focus is placed on the blockchain sector, where solutions for Ethereum smart contracts are developed. Tools are provided to adapt the application layer to specific business models. Operations involve creating infrastructure that supports scalable and efficient smart contract execution across decentralized networks.
Who are the top competitors of Offchain Labs?
What products or services does Offchain Labs offer?
Offchain Labs offers Arbitrum One, Arbitrum Nova, Arbitrum Orbit, Prysm, and Stylus.
How many acquisitions has Offchain Labs made?
Offchain Labs has made 2 acquisitions, including Prysmatic Labs, and ZeroDev.
Who are Offchain Labs's investors?
Offchain Labs has 13 investors. Key investors include Binance, Lightspeed Venture Partners, Polychain, Ribbit Capital, and Redpoint Ventures.
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