About Saros
Saros is a company founded in 2021.. Saros has raised $3.75 million across 2 funding rounds from investors including Spartan, UseCrypt and Kyros Care. Saros offers products and services including Saros Super App, SarosID, $SAROS Token, and DEX. Saros operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
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Sectors
Financial Services
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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
$3.75 M (USD)
in 2 rounds
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Latest Funding Round
$30 K (USD), Token Sale
Jan 19, 2024
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Investors
Spartan
& 10 more
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Employee Count
Employee Count
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Products & Services of Saros
Saros offers a comprehensive portfolio of products and services, including Saros Super App, SarosID, $SAROS Token, and DEX. 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.
Unified app for wallet, exchange, and payments on Solana blockchain.
Secure passport using dePIN for digital world access and privacy.
Token for community participation and borderless financial transfers.
Decentralized exchange for trading on the Solana network.
Funding Insights of Saros
Saros has successfully raised a total of $3.75M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $30 thousand completed in January 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 — $30,000
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First Round
First Round
(08 Jan 2024)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Token Sale - Saros | Valuation |
investors |
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| Jan, 2024 | Amount | Series A - Saros | Valuation |
investors |
| 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 Saros
Saros has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Spartan, UseCrypt and Kyros Care. 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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Solana Ventures is focused on investing in Solana-based companies.
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Founded Year | Domain | Location | |
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Venture capital fund focused on crypto-assets
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Founded Year | Domain | Location | |
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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 Saros
| 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 - Saros
| 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 |
Saros Comparisons
Competitors of Saros
Saros 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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 |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
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| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
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| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
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| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
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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 Saros
Frequently Asked Questions about Saros
When was Saros founded?
Saros was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Is Saros a funded company?
Saros is a funded company, having raised a total of $3.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.75M, raised on Jan 08, 2024.
What does Saros do?
Saros was founded in 2021 as a provider of DeFi services on the Solana blockchain. Operations focus on decentralized finance tools, with SarosSwap enabling SPL token exchanges through an automated market maker. SarosFarm aggregates incentivized liquidity pools to support project liquidity needs. SarosStake facilitates single-asset staking for user income generation. The platform serves the blockchain sector without specified geographic operations.
What products or services does Saros offer?
Saros offers Saros Super App, SarosID, $SAROS Token, and DEX.
Who are Saros's investors?
Saros has 11 investors. Key investors include Spartan, UseCrypt, Kyros Care, GenBlock, and Solana Ventures.