About RedStone
RedStone is a company based in Baar (Switzerland) founded in 2021.. RedStone has raised $22.88 million across 5 funding rounds from investors including Coinbase, Amber Group and The Graph. RedStone has completed 1 acquisition, including Credora. RedStone offers products and services including Price Feeds, AI Oracles, and Institutional Oracles. RedStone operates in a competitive market with competitors including Chainlink, Lukka, Merkle Science, Space and Time and Securrency, among others.
- Headquarter Baar, Switzerland
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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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Products & Services of RedStone
RedStone offers a comprehensive portfolio of products and services, including Price Feeds, AI Oracles, and Institutional Oracles. 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.
Provides secure data for blockchain assets and protocols.
Enables AI-driven data feeds for blockchain applications.
Offers custom oracles for institutional DeFi needs.
Funding Insights of RedStone
RedStone has successfully raised a total of $22.88M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in July 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $15.0M
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First Round
First Round
(13 Jul 2021)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - RedStone | Valuation | Arrington Capital | |
| May, 2023 | Amount | Angel Round - RedStone | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - RedStone | Valuation | b2venture , Cherry Ventures |
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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 RedStone
RedStone has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Amber Group and The Graph. 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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Venture capital firm focused on digital assets and web3
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups by IOSG Ventures.
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Founded Year | Domain | Location | |
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A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
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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 RedStone
RedStone has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Credora. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data-driven lending across CeFi and DeFi is enabled by Credora.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RedStone
| 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 |
Redstone Comparisons
Competitors of RedStone
RedStone 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 Chainlink, Lukka, Merkle Science, Space and Time and Securrency, 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 |
Decentralized Oracle network to support smart contracts
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| domain | founded_year | HQ Location |
Provider of enterprise data management and blockchain analytics solutions for digital assets
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| domain | founded_year | HQ Location |
Predictive crypto risk and intelligence platform is offered.
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| domain | founded_year | HQ Location |
AI powered decentralised data warehouse platform
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| domain | founded_year | HQ Location |
Compliance solutions for digital asset trading are provided.
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| domain | founded_year | HQ Location |
Cryptocurrency research and blockchain monitoring services are offered.
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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 Redstone
Frequently Asked Questions about RedStone
When was RedStone founded?
RedStone was founded in 2021.
Where is RedStone located?
RedStone is headquartered in Baar, Switzerland. It is registered at Baar, Zug, Switzerland.
Is RedStone a funded company?
RedStone is a funded company, having raised a total of $22.88M across 5 funding rounds to date.
What does RedStone do?
RedStone was founded in 2021 and is headquartered in Baar, Switzerland. Operations are centered on delivering a decentralised oracle network within the blockchain and DeFi sectors. Reliable data feeds are supplied to smart contracts and decentralised applications, ensuring tamper-proof integration across various protocols. The service model emphasises security and scalability for ecosystem participants in the cryptocurrency space.
Who are the top competitors of RedStone?
RedStone's top competitors include Chainlink, Merkle Science and Lukka.
What products or services does RedStone offer?
RedStone offers Price Feeds, AI Oracles, and Institutional Oracles.
How many acquisitions has RedStone made?
RedStone has made 1 acquisition, including Credora.
Who are RedStone's investors?
RedStone has 39 investors. Key investors include Coinbase, Amber Group, The Graph, Lattice, and Arweave.
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