About Parity Technologies
Parity Technologies is a company based in London (United Kingdom) founded in 2015.. Parity Technologies offers products and services including Polkadot and Polkadot SDK. Parity Technologies operates in a competitive market with competitors including Consensys, Digital Asset, Figment, Galxe and Ocean Protocol, among others.
- Headquarter London, United Kingdom
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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 Parity Technologies Limited
- Date of Incorporation 03 Sep, 2015
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$36.42 M (USD)26as on Dec 31, 2021
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Net Profit
$-80.78 M (USD)-878as on Dec 31, 2021
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EBITDA
$-95.3 M (USD)-841as on Dec 31, 2021
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Latest Funding Round
$5 M (USD), Grant
Jan 08, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Parity Technologies
Parity Technologies offers a comprehensive portfolio of products and services, including Polkadot and Polkadot SDK. 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.
Interconnects blockchains for decentralized applications
Tools for building Web3 applications on blockchain
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Funding Insights of Parity Technologies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $5.0M
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First Round
First Round
(08 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2019 | Amount | Grant - Parity Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Parity Technologies
Parity Technologies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ethereum. 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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A blockchain-based public network for decentralized applications is operated.
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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 Parity Technologies
| 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 |
Financial Statements - Parity Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Parity Technologies Comparisons
Competitors of Parity Technologies
Parity Technologies 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, Digital Asset, Figment, Galxe and Ocean Protocol, 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 |
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| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
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Blockchain platforms for business applications are developed and provided.
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Staking solutions are delivered via an online platform.
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Infrastructure for Web3 credential curation from multiple sources is offered.
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Data exchange platform is provided for sharing and monetizing data.
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Decentralized infrastructure network for finance
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parity Technologies
Frequently Asked Questions about Parity Technologies
When was Parity Technologies founded?
Parity Technologies was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Parity Technologies located?
Parity Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What is the annual revenue of Parity Technologies?
Annual revenue of Parity Technologies is $36.42M as on Dec 31, 2021.
What does Parity Technologies do?
Parity Technologies was founded in 2015 in London, United Kingdom, within the blockchain sector. Independent software solutions are offered for interacting with major networks like Ethereum. Developers are enabled to launch multi-signature wallets through these tools. In November 2017, a code library was deleted in a claimed accidental hack, resulting in over 150 million in Ethereum being frozen at the time.
Who are the top competitors of Parity Technologies?
Parity Technologies's top competitors include Consensys, Digital Asset and Figment.
What products or services does Parity Technologies offer?
Parity Technologies offers Polkadot and Polkadot SDK.
Who are Parity Technologies's investors?
Parity Technologies has 1 investor. Key investors include Ethereum.