ParamLabs

New York, United States Founded: 2021 • Age: 5 yrs
Developer of blockchain games
Annual revenue - Latest available
Total funding $7.0M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

About ParamLabs

ParamLabs is a company based in New York (United States) founded in 2021 by Anthony Anderson. ParamLabs has raised $7 million across 2 funding rounds from investors including Animoca Brands, Delphi Ventures and Cypher Capital. ParamLabs offers products and services including Multiplayer Games and Technology Solutions. ParamLabs operates in a competitive market with competitors including Blockus, Alliance Games, N3MUS, Nexus Interactive and TOKYO GameFi, among others.

  • Headquarter New York, United States
  • Founders Anthony Anderson
  • Sectors
    Media & Entertainment
  • Phone
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  • Website
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  • Social
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Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $25 K (USD), Token Sale

    May 29, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of ParamLabs

ParamLabs offers a comprehensive portfolio of products and services, including Multiplayer Games and Technology Solutions.

Product name locked
Category locked
Primary

Development of interactive multiplayer gaming experiences for users.

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Creation of innovative tech for gaming and related applications.

Funding Insights of ParamLabs

ParamLabs has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $25 thousand completed in May 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.

Investors in ParamLabs

ParamLabs has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Animoca Brands, Delphi Ventures and Cypher Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in life sciences firms across all stages.
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Early-stage venture capital investments in digital assets are provided.
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Blockchain-based PC and mobile games are developed and published.
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Investor details for ParamLabs

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by ParamLabs

Investments
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Investment portfolio details for ParamLabs

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  • Transaction dates
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Financial Statements - ParamLabs

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Detailed financials for ParamLabs

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Paramlabs Comparisons

ParamLabs Primary company
Description
Developer of blockchain games
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ParamLabs

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Competitors of ParamLabs

ParamLabs 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 Blockus, Alliance Games, N3MUS, Nexus Interactive and TOKYO GameFi, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain games are developed by Blockus for gaming studios' onboarding.
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Developer of blockchain based games
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Blockchain-based platform connects gamers to digital technology.
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Game development platforms are built for digital entertainment ecosystems.
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Various categories of games are developed by TOKYO GameFi studio.
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Detailed competitors of ParamLabs

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Latest news on Paramlabs

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Complete news archive for ParamLabs

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Frequently Asked Questions about ParamLabs

ParamLabs was founded in 2021 and raised its 1st funding round 3 years after it was founded.

ParamLabs is headquartered in New York, United States. It is registered at New York, New York, United States.

Anthony Anderson is the current CEO of ParamLabs. They have also founded this company.

ParamLabs is a funded company, having raised a total of $7M across 2 funding rounds to date.

Developer of blockchain games. It is a computer game development studio specializing in multiplayer games. The company has launched kiraverse, a massively-multiplayer online game where players can battle and earn with others. They have partnered with animoca brands to advance the web3 ecosystem development.

ParamLabs's top competitors include Alliance Games, Nexus Interactive and N3MUS.

ParamLabs offers Multiplayer Games and Technology Solutions.

ParamLabs has 3 investors. Key investors include Animoca Brands, Delphi Ventures, and Cypher Capital.

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