About Secret Network
Secret Network is a company based in Chicago (United States) founded in 2020. Secret Network has raised $411.5 million across 2 funding rounds from investors including Terraform Labs, HashKey Exchange and BlockTower. Secret Network offers products and services including Secret AI, Smart Contracts, and Builder’s Program. Secret Network operates in a competitive market with competitors including CertiK, Ledger, MetaMask, Manta Network and Edge App, among others.
- Headquarter Chicago, United States
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Sectors
Technology
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Phone
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Website
Locked
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Social
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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
$411.5 M (USD)
in 2 rounds
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Latest Funding Round
$400 M (USD), Series C
Jan 19, 2022
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Investors
Terraform Labs
& 12 more
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Employee Count
Not available
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Products & Services of Secret Network
Secret Network offers a comprehensive portfolio of products and services, including Secret AI, Smart Contracts, and Builder’s Program.
Enables secure GPU processing for large language models in trusted environments.
Facilitates private transactions and data protection in decentralized applications.
Offers resources and funding for building privacy-focused blockchain projects.
Funding Insights of Secret Network
Secret Network has successfully raised a total of $411.5M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $400 million completed in January 2022. 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 Secret Network
Secret Network has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Terraform Labs, HashKey Exchange and BlockTower.
| Investor | Description | Founded Year | Domain | Location |
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Crypto-native investment firm focusing on Web3, DeFi, gaming, and infrastructure assets globally.
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Early-stage venture capital firm investing in the US and UK
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Blockchain companies are invested in by Arrington XRP Capital.
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Investor details for Secret Network
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Secret Network
Investment portfolio details for Secret Network
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Secret Network
Detailed financials for Secret Network
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Secret Network Comparisons
Peer comparison for Secret Network
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Secret Network
Secret Network 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 CertiK, Ledger, MetaMask, Manta Network and Edge App, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for blockchain and smart contract cybersecurity
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Ledger is recognized for providing secure cryptocurrency hardware wallets.
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Browser-based hot wallet for cryptocurrency management and transactions is provided.
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Provider of data privacy solutions provider
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Cryptocurrencies are stored and traded via a blockchain-based mobile wallet.
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Enterprise file sharing is enabled through blockchain-based software.
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Detailed competitors of Secret Network
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Secret Network
Complete news archive for Secret Network
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Frequently Asked Questions about Secret Network
Secret Network was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Secret Network is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Secret Network is a funded company, having raised a total of $411.5M across 2 funding rounds to date.
Secret Network was founded in 2020 in Chicago, United States, within the blockchain and Web 3 sector. A decentralized network of computer nodes is maintained, incorporating trusted execution environments and privacy-preserving smart contracts. Encrypted inputs and outputs are handled to ensure data security. Operations extend to applications in machine learning, healthcare, finance, and gaming, supporting privacy-focused services across these fields.
Secret Network offers Secret AI, Smart Contracts, and Builder’s Program.
Secret Network has 13 investors. Key investors include Terraform Labs, HashKey Exchange, BlockTower, Shima Capital, and CoinFund.