About Root Labs
Root Labs is a company based in San Francisco (United States) founded in 2014.. Root Labs has raised $10 million across 2 funding rounds from investors including Animoca Brands, Ankr and Shima Capital. Root Labs operates in a competitive market with competitors including SpaceChain, DappOS, Cartesi, Orochi Network and Andromeda Protocol, among others.
- Headquarter San Francisco, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$4.51 M (USD), Token Sale
Mar 13, 2024
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Investors
Animoca Brands
& 14 more
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Employee Count
Employee Count
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Funding Insights of Root Labs
Root Labs has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $4.51 million completed in March 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 2
- Last Round Token Sale — $4.5M
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First Round
First Round
(19 Jan 2024)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Token Sale - Root Labs | Valuation |
investors |
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| Jan, 2024 | Amount | Seed - Root Labs | Valuation | Animoca Brands |
| 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 Root Labs
Root Labs has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Animoca Brands, Ankr and Shima Capital. 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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Blockchain startups are funded through venture capital investments.
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Founded Year | Domain | Location | |
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Blockchain and digital asset startups are invested in by DFG.
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Founded Year | Domain | Location | |
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Single family office and venture capital firm focused on digital assets
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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 Root Labs
| 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 - Root Labs
| 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 |
Root Labs Comparisons
Competitors of Root Labs
Root 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 SpaceChain, DappOS, Cartesi, Orochi Network and Andromeda 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A decentralized satellite network is provided for space-based dApps.
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| domain | founded_year | HQ Location |
Crypto infrastructures are managed for users through specialized protocols.
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| domain | founded_year | HQ Location |
Decentralized applications are developed on a layer-2 blockchain platform.
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| domain | founded_year | HQ Location |
Blockchain infrastructure solutions are delivered through an online platform.
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| domain | founded_year | HQ Location |
Blockchain-based platform for application development
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Root Labs
When was Root Labs founded?
Root Labs was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Where is Root Labs located?
Root Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Root Labs a funded company?
Root Labs is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Jan 19, 2024.
What does Root Labs do?
Root Labs was founded in 2014 in San Francisco, United States, within the web3 and blockchain sector. An operating system for web3 is developed by the platform, which aggregates digital identity, virtual accounts, and social graphs. Services provided include a web3 wallet, user accounts, EVM-compatible layer2 rollups, and an omni protocol, supporting decentralized operations across various blockchain environments.
Who are the top competitors of Root Labs?
Root Labs's top competitors include DappOS, Orochi Network and SpaceChain.
Who are Root Labs's investors?
Root Labs has 15 investors. Key investors include Animoca Brands, Ankr, Shima Capital, dao5, and Signum Capital.