About Protocol Labs
Protocol Labs is a company based in Palo Alto (United States) founded in 2014 by Juan Benet. It operates as a API-as-a-Product and Crowdsourcing Model. Protocol Labs has raised $203.63 million across 5 funding rounds from investors including Union Square Ventures and Y Combinator. Protocol Labs offers products and services including Filecoin, IPFS, and libp2p. Protocol Labs operates in a competitive market with competitors including Inference Labs, Nuffle, IOHK, Hailstone Labs and Alpha Venture DAO, among others.
- Headquarter Palo Alto, United States
- Founders Juan Benet
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Protocol Labs
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$203.63 M (USD)
in 5 rounds
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Latest Funding Round
$148.24 M (USD), Series D
Aug 10, 2017
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Investors
Union Square Ventures
& 1 more
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Employee Count
Not available
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Products & Services of Protocol Labs
Protocol Labs offers a comprehensive portfolio of products and services, including Filecoin, IPFS, and libp2p.
Filecoin is used for decentralized data storage solutions.
IPFS is utilized for peer-to-peer file sharing systems.
libp2p is employed for building decentralized network applications.
People of Protocol Labs
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Legal and Compliance
8 people
Software Development Team
6 people
Research Team
6 people
Human Resources and Administration
5 people
Operations Team
3 people
Leadership Team
3 people
Finance and Accounting
3 people
Project Team
2 people
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Funding Insights of Protocol Labs
Protocol Labs has successfully raised a total of $203.63M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $148.24 million completed in August 2017. 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 Protocol Labs
Protocol Labs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Union Square Ventures and Y Combinator.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Protocol Labs
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Protocol Labs
Investment portfolio details for Protocol Labs
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Financial Statements - Protocol Labs
Detailed financials for Protocol Labs
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Protocol Labs Comparisons
Peer comparison for Protocol Labs
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- Headcount comparison
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Competitors of Protocol Labs
Protocol Labs 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 Inference Labs, Nuffle, IOHK, Hailstone Labs and Alpha Venture DAO, among others.
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Provider of on-chain AI inference verification and agentic native protocols
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Blockchain services are provided by Nuffle in the technology sector.
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A research and development firm specializing in blockchain technologies and products.
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Offers comprehensive blockchain research lab services.
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Innovation laboratory services for blockchain technology are provided.
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Detailed competitors of Protocol Labs
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Latest news on Protocol Labs
Complete news archive for Protocol Labs
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Frequently Asked Questions about Protocol Labs
Protocol Labs was founded in 2014.
Protocol Labs is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Juan Benet is the current CEO of Protocol Labs. They have also founded this company.
Protocol Labs is a funded company, having raised a total of $203.63M across 5 funding rounds to date.
Protocol Labs is established as an innovation network focused on advancing computing technologies. It is involved in connecting over 600 tech startups, funds, accelerators, foundations, open source projects, and service providers. Their efforts are directed towards research and development in fields such as web3, AI, AR, VR, BCI, and hardware. Projects like Filecoin, IPFS, and libp2p are developed to secure digital human rights and establish decentralized infrastructure. The network is committed to exploring and de-risking revolutionary ideas across the entire RD pipeline.
Protocol Labs's top competitors include Gauntlet, Inference Labs and Nuffle.
Protocol Labs offers Filecoin, IPFS, and libp2p.
Protocol Labs has 2 investors. Key investors include Union Square Ventures, and Y Combinator.