About Optimism
Optimism is a company based in New York (United States) founded in 2019 by Kevin Ho, Jinglan Wang, Karl Floersch, and Benjamin Jones. Optimism has raised $175 million across 2 funding rounds from investors including Paradigm and Andreessen Horowitz. Optimism offers products and services including OP Stack, Superchain, and Bridge. Optimism operates in a competitive market with competitors including Offchain Labs, Metis, Fuel Labs, Arbitrum and Morph, among others.
- Headquarter New York, United States
- Founders Kevin Ho, Jinglan Wang, Karl Floersch, Benjamin Jones
- Stage Unicorn
-
Sectors
Technology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Optimism Pbc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$175 M (USD)
in 2 rounds
-
Latest Funding Round
$150 M (USD), Series B
Mar 16, 2022
-
Investors
Paradigm
& 1 more
-
Employee Count
Not available
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 Optimism
Optimism offers a comprehensive portfolio of products and services, including OP Stack, Superchain, and Bridge.
Open-source toolkit for building Ethereum Layer 2 chains.
Composable network supporting scalable blockchain activity.
Platform for connecting blockchains and enabling transactions.
People of Optimism
Unlock access to complete
Unlock access to complete
Funding Insights of Optimism
Optimism has successfully raised a total of $175M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $150 million completed in March 2022. 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.
Investors in Optimism
Optimism has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Paradigm and Andreessen Horowitz.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are directed toward crypto-assets and Web3 businesses.
|
Locked | Locked | Locked | |
|
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
|
Locked | Locked | Locked |
Investor details for Optimism
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Optimism
Investment portfolio details for Optimism
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Optimism
Detailed financials for Optimism
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Optimism Comparisons
Peer comparison for Optimism
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Optimism
Optimism 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 Offchain Labs, Metis, Fuel Labs, Arbitrum and Morph, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Solutions for Ethereum smart contracts are developed and customized.
|
|
| Locked | Locked | Locked |
Blockchain platform is utilized for developing and launching decentralized applications.
|
|
| Locked | Locked | Locked |
Blockchain scaling and development solutions are delivered for decentralized applications.
|
|
| Locked | Locked | Locked |
Blockchain applications for fintech are enabled on a decentralized network.
|
|
| Locked | Locked | Locked |
A consumer finance layer is offered by Morph.
|
Detailed competitors of Optimism
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Optimism
Complete news archive for Optimism
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Optimism
Optimism was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Optimism is headquartered in New York, United States. It is registered at New York, New York, United States.
Jinglan Wang is the current CEO of Optimism. They have also founded this company.
Optimism is a funded company, having raised a total of $175M across 2 funding rounds to date.
Optimism was founded in 2019 and is headquartered in New York, United States. As a blockchain platform in the cryptocurrency sector, it facilitates optimistic rollups for executing smart contracts on the Ethereum network. Transactions are handled via integrated smart contracts and wallet software designed to enhance fraud proof mechanisms. The OP token serves governance functions and is traded on multiple exchanges.
Optimism's top competitors include Metis, Fuel Labs and Offchain Labs.
Optimism offers OP Stack, Superchain, and Bridge.
Optimism has 2 investors. Key investors include Paradigm, and Andreessen Horowitz.
The valuation of Optimism is $1.65B as of Mar 2022.