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.
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$4.51M (USD), Token Sale
Mar 2024
- InvestorsAnimoca Brands
& 14 more
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 $10M
- Total Rounds 2
- Last Round Token Sale — $4.51M
- First Round $10M
(Jan 2024)
- Investors Count 15
All 2 funding rounds of Root Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $4.51M | Token Sale | – | – | – |
| Jan 2024 | $10M | Seed | – | Animoca Brands |
15 investors in total: 13 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain startups are funded through venture capital investments. | – | signum.capital | Singapore, Singapore | |
Blockchain and digital asset startups are invested in by DFG. | – | dfg.group | Singapore, Singapore | |
Single family office and venture capital firm focused on digital assets | – | doublepeak.io | Hong Kong, China | |
Early-stage blockchain projects are targeted for investment by Genblock Capital. | – | genblock.capital | San Francisco, United States | |
Early-stage venture capital investments in digital assets are provided. | – | cyphercapital.com | Dubai, United Arab Emirates | |
Venture capital fund focused on cryptocurrency | 2022 | dao5.com | British Virgin Islands, United Kingdom | |
Early-stage real estate and construction technology companies are supported. | – | labventures.co | - | |
Early-stage blockchain projects are funded by this venture capital entity. | – | basics.capital | - | |
Blockchain-based PC and mobile games are developed and published. | 2006 | animocabrands.com | Kowloon, China | |
Web3-native infrastructure for blockchain development and decentralization is provided. | 2017 | ankr.com | San Francisco, United States |
Investor details for Root Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Root Labs
3 dated milestones of Root Labs across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Root Labs is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Token Sale, of $4.5M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spacechain.com | 2017 | Singapore | – | – | A decentralized satellite network is provided for space-based dApps. | |
| dappos.com | 2004 | Singapore | $15.3M | – | Crypto infrastructures are managed for users through specialized protocols. | |
| cartesi.io | 2017 | Singapore | – | – | Decentralized applications are developed on a layer-2 blockchain platform. | |
| orochi.network | 2021 | Singapore | – | – | Blockchain infrastructure solutions are delivered through an online platform. | |
| andromedaprotocol.io | 2021 | Wilmington, United States | $2.08M | – | Blockchain-based platform for application development | |
| bartr.world | 2017 | London, United Kingdom | – | – | Telecoms network solutions are provided via decentralized operating system. | |
| 0shu.com | 2016 | Shanghai, China | – | – | Blockchain-based operating system is provided for virtual business processes. |
Detailed competitors of Root Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Root Labs
10 companies that operate in the same segment as Root Labs (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Root Labs
Root Labs was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Root Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
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 2024.
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.
Root Labs's top competitors include DappOS, Orochi Network and SpaceChain.
Root Labs has 15 investors. Key investors include Animoca Brands, Ankr, Shima Capital, dao5, and Signum Capital.