About Optimism
Optimism is a Technology company based in New York (United States) founded in 2019 by Kevin Ho, Jinglan Wang, Karl Floersch, and Benjamin Jones. Optimistic rollups are employed for smart contract execution on Ethereum. Optimism has raised $175 million across 2 funding rounds from investors including Coinbase, HTX and Graviton Web3 Accelerator. The company has 93 employees. Optimism was last valued at $1.65 billion in March 2022. Its chief executive, as recorded, is Jinglan Wang. Its website optimism.io draws about 128 thousand monthly visits. Optimism offers products and services including OP Stack, Superchain, and Bridge. Its focus areas include High Tech, Blockchain Infrastructure, Middleware and Rollups. Its legal entity is OPTIMISM PBC. Its competitors include Offchain Labs, Arbitrum and Base; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters New York, United States
- Employees 93
- Founders Kevin Ho, Jinglan Wang, Karl Floersch, Benjamin Jones
- Stage Unicorn
- SectorsTechnology
- Website optimism.io
- Social LinkedIn X
- Legal Name Optimism Pbc
- Total Equity Funding$175M (USD)
in 2 rounds
- Latest Funding Round$150M (USD), Series B
Mar 2022
- InvestorsCoinbase
& 11 more
- Employee Count93
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.
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.
- Total Funding $175M
- Total Rounds 2
- Last Round Series B — $150M
- First Round $25M
(Feb 2021)
- Investors Count 12
All 2 funding rounds of Optimism with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1.65B | •••••••• |
Last known valuation $1.65B (Mar 2022). 12 investors in total: 12 institutional.
Investors in Optimism
Optimism has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase, HTX and Graviton Web3 Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward crypto-assets and Web3 businesses. | paradigm.xyz | San Francisco, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Investments in blockchain sector are managed by venture capital fund. | blockchaincoinvestors.com | San Francisco, United States | ||
Web3 startup acceleration, mentorship, and grants in India. | 2022 | gravitonaccelerator.com | Bengaluru, India | |
| sophon.capital | ||||
Compa Capital is focused on early stage crypto investments. | compa.xyz | |||
Investments are made in early-stage tech startups by IOSG Ventures. | iosg.vc | Hong Kong, China | ||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Digital asset investments are managed by HashKey Capital globally. | hashkey.capital | Singapore, Singapore | ||
A venture capital-backed incubator is focused on technology sectors. | andromedavc.io |
Investor details for Optimism
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Optimism
6 people are tracked at Optimism (4 in leadership, 2 in team); the tracked headcount is 93.
| Name | Role | Group |
|---|---|---|
Kevin Ho | Co-Founder | Leadership |
Jinglan Wang | Co-Founder & CEO | Leadership |
Karl Floersch | Co-Founder | Leadership |
Benjamin Jones | Co-Founder | Leadership |
Zain Bacchus | Product Management, Ecosystem | Team |
Mark Tyneway | Cofounder & Systems Engineer | Team |
Complete people profiles for Optimism
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Optimism
4 dated milestones of Optimism across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Optimism is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Series B, of $150.0M.
- Milestone Reaches Unicorn status.
Competitors of Optimism
Optimism has 3 listed competitors in our database, 1 of them funded. They include Offchain Labs, Arbitrum and Base.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| offchainlabs.com | 2018 | Princeton, United States | $123.7M | Solutions for Ethereum smart contracts are developed and customized. | ||
| arbitrum.io | 2018 | Princeton, United States | 10 | Blockchain applications for fintech are enabled on a decentralized network. | ||
| base.org | 1996 | United States | Base is built to empower builders and creators globally. |
Detailed competitors of Optimism
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Optimism
The website of Optimism (optimism.io) receives about 128.2K visits a month.
- Monthly visits128.2K
▼ 7.4% vs previous month
Websites whose visitors overlap most with Optimism. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
superchain.eco | superchain.eco | 100% | #527,042 | – | |
| alchemy.com | 88% | 716.9K | #57,305 | View details | |
| getblock.io | 86% | 156.3K | #238,222 | View details | |
ethresear.ch | ethresear.ch | 86% | #754,043 | – | |
| infura.io | 86% | 108K | #418,534 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 33 similar websites and full traffic analytics for Optimism
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- 33 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Optimism (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Related news about Optimism
Complete news archive for Optimism
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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 CEO of Optimism, as recorded in our data. They have also founded this company.
Optimism is a funded company, having raised a total of $175M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Feb 2021.
Optimism has 93 employees.
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 Offchain Labs, Arbitrum and Base.
Optimism offers OP Stack, Superchain, and Bridge.
Optimism has 12 investors. Key investors include Coinbase, HTX, Graviton Web3 Accelerator, Paradigm, and Andreessen Horowitz.
The valuation of Optimism is $1.65B as of Mar 2022.
Optimism operates through Optimism Pbc.
The website of Optimism receives about 128 thousand visits a month.