About Pi Network
Pi Network is a company based in Palo Alto (United States) founded in 2019 by Chengdiao Fan and Nicolas Kokkalis.. Pi Network offers products and services including Pi App. Pi Network operates in a competitive market with competitors including Core Scientific, Nibiru Chain, Bitfarms, RYVYL and Berachain, among others.
- Headquarter Palo Alto, United States
- Founders Chengdiao Fan, Nicolas Kokkalis
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Socialchain Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
137 Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Pi Network
Pi Network offers a comprehensive portfolio of products and services, including Pi App. 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.
Mobile app for mining Pi cryptocurrency easily and securely.
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Funding Insights of Pi Network
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Seed - Pi Network | Valuation | 137 Ventures , Designer Fund |
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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 Pi Network
Pi Network has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include 137 Ventures, Designer Fund and Ulu Ventures. 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 venture capital firm investing across sectors with flexible capital strategies.
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Founded Year | Domain | Location | |
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Seed-stage US tech companies receive investments from Designer Fund.
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Founded Year | Domain | Location | |
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Seed-stage funding is provided to innovative founder teams.
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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 Pi Network
| 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 - Pi Network
| 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 |
Pi Network Comparisons
Competitors of Pi Network
Pi Network 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 Core Scientific, Nibiru Chain, Bitfarms, RYVYL and Berachain, 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 |
AI and blockchain infrastructure plus software solutions are offered.
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| domain | founded_year | HQ Location |
Proof-of-stake blockchain unifies trading, staking, and liquidity provision.
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| domain | founded_year | HQ Location |
Cryptocurrency cloud mining solutions are provided via blockchain infrastructure.
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| domain | founded_year | HQ Location |
Blockchain infrastructure is delivered for payments and banking solutions.
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| domain | founded_year | HQ Location |
An EVM-compatible blockchain is offered via Proof-of-Liquidity consensus.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Pi Network
Frequently Asked Questions about Pi Network
When was Pi Network founded?
Pi Network was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is Pi Network located?
Pi Network is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
What does Pi Network do?
Provider of blockchain-based platform offering to mine coins. It provides users with a company that allows individuals to mine a new digital currency using their mobile devices, and offers several services aimed at democratizing access to cryptocurrency through mobile mining. It operates on a decentralized model, allowing users to participate in the network.
Who are the top competitors of Pi Network?
Pi Network's top competitors include Nibiru Chain, Core Scientific and Berachain.
What products or services does Pi Network offer?
Pi Network offers Pi App.
Who are Pi Network's investors?
Pi Network has 3 investors. Key investors include 137 Ventures, Designer Fund, and Ulu Ventures.
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