About Portal
Portal is a company based in San Francisco (United States) founded in 2021 was acquired by Monad in July 2025. It operates as a API-as-a-Product, Pay-per-Use / Usage-Based, and FinTech. Portal has raised $5.3 million across 1 funding round from investors including Monad, Slow Ventures and Haun Ventures. Portal offers products and services including Embedded Web3 Wallets, Enclave MPC API, Account Abstraction, and Swaps. Portal operates in a competitive market with competitors including Braavos, Trust Wallet, Argent, Leap Wallet and Bitski, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyFinancial Services
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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 Portal Labs, Inc.
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Products & Services of Portal
Portal offers a comprehensive portfolio of products and services, including Embedded Web3 Wallets, Enclave MPC API, Account Abstraction, and Swaps. 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.
Non-custodial wallets are provided for seamless Web3 onboarding.
Secure signing is enabled through MPC and AWS enclaves.
Transaction functionalities are simplified with gas sponsorship and batching.
Token swaps are facilitated across multiple blockchain networks.
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Funding Insights of Portal
Portal has successfully raised a total of $5.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.3 million completed in February 2023. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $5.3M
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First Round
First Round
(28 Feb 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Seed - Portal | Valuation | Slow Ventures |
| 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 |
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Investors in Portal
Portal has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Monad, Slow Ventures and Haun 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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Early-stage tech investments are made primarily in US companies.
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Founded Year | Domain | Location | |
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A venture capital firm focused on crypto technology investments.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Acrew Capital venture firm.
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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 Portal
| 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 - Portal
| 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 |
Portal Comparisons
Competitors of Portal
Portal 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 Braavos, Trust Wallet, Argent, Leap Wallet and Bitski, 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 |
Self-custodial mobile wallet for crypto and NFTs is provided.
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| domain | founded_year | HQ Location |
App-based wallet to send, receive and store digital assets
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| domain | founded_year | HQ Location |
Mobile wallet for cryptocurrency and NFTs is provided.
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| domain | founded_year | HQ Location |
Non-custodial wallet for cryptocurrencies and NFTs is offered online.
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A cold wallet for managing cryptocurrencies and collectibles is provided.
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Decentralized network is operated to connect wallets, apps, and users.
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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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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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Frequently Asked Questions about Portal
When was Portal founded?
Portal was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Portal located?
Portal is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Portal a funded company?
Portal is a funded company, having raised a total of $5.3M across 1 funding round to date. The company's 1st funding round was a Seed of $5.3M, raised on Feb 28, 2023.
What does Portal do?
A platform for stablecoin finance infrastructure is offered by Portal, focusing on blockchain-based solutions for developers and businesses. Embedded non-custodial wallets, secure signing through MPC cryptography, and account abstraction features are provided to facilitate Web3 onboarding and on-chain operations. Cross-border payments, treasury operations, and token trading are supported across industries like exchanges, consumer apps, and remittance platforms. Security and compliance are ensured through external audits and cryptographic designs, targeting scalability in borderless finance.
Who are the top competitors of Portal?
Portal's top competitors include Trust Wallet, Argent and Braavos.
What products or services does Portal offer?
Portal offers Embedded Web3 Wallets, Enclave MPC API, Account Abstraction, and Swaps.
Who are Portal's investors?
Portal has 7 investors. Key investors include Monad, Slow Ventures, Haun Ventures, Acrew Capital, and Chapter One.