About SIMBA Chain
SIMBA Chain is a company based in Plymouth (United States) founded in 2017 by Joel Neidig and Jarek Nabrzyski.. SIMBA Chain has raised $27.64 million across 3 funding rounds from investors including KKR, Lightspeed Venture Partners and Leland Stanford Junior University. The company has 33 employees as of December 31, 2021. SIMBA Chain has completed 1 acquisition, including StrongSalt. SIMBA Chain offers products and services including SIMBA Platform, Digital Product Passport, SIMBA Ensure, SIMBA Insights, and SIMBA Build. SIMBA Chain operates in a competitive market with competitors including Symbiont, Fantom, Data Gumbo, Bling Financial and Spydra, among others.
- Headquarter Plymouth, United States
- Employees 33 as on 31 Dec, 2021
- Founders Joel Neidig, Jarek Nabrzyski
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$00as on Jan 30, 2020
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Net Profit
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EBITDA
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Total Equity Funding
$27.64 M (USD)
in 3 rounds
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Latest Funding Round
$25 M (USD), Series A
Aug 10, 2021
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Investors
KKR
& 10 more
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Employee Count
33
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of SIMBA Chain
SIMBA Chain offers a comprehensive portfolio of products and services, including SIMBA Platform, Digital Product Passport, SIMBA Ensure, SIMBA Insights, and SIMBA Build. 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.
Enables secure data interactions and verification across systems.
Facilitates tamperproof tracking of products in supply chains.
Provides integration for trusted data exchange in organizations.
Offers queries and analytics for business intelligence purposes.
Supports building scalable solutions with APIs and SDKs.
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Funding Insights of SIMBA Chain
SIMBA Chain has successfully raised a total of $27.64M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in August 2021. 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 3
- Last Round Series A — $25.0M
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First Round
First Round
(18 Feb 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - SIMBA Chain | Valuation | Valley Capital Partners | |
| Jan, 2020 | Amount | Seed - SIMBA Chain | Valuation | Elevate Ventures , unknown |
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| Feb, 2019 | Amount | Seed - SIMBA Chain | Valuation | Elevate Ventures |
| 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 SIMBA Chain
SIMBA Chain has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KKR, Lightspeed Venture Partners and Leland Stanford Junior University. 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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Founded Year | Domain | Location | |
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Early-stage investments are made in diverse sectors by the firm.
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Multiple sectors are invested in by this private equity firm.
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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 SIMBA Chain
SIMBA Chain has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StrongSalt. 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 security is enabled through blockchain for storage and sharing.
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2017 |
| 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 - SIMBA Chain
| 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 |
Simba Chain Comparisons
Competitors of SIMBA Chain
SIMBA Chain 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 Symbiont, Fantom, Data Gumbo, Bling Financial and Spydra, 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 |
Smart contract platform
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| domain | founded_year | HQ Location |
Smart contract platform for digital assets and dApps is maintained.
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| domain | founded_year | HQ Location |
Blockchain-as-a-service platform with smart contracts is provided for industrial networks.
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| domain | founded_year | HQ Location |
Blockchain-based casual puzzle games are developed for mobile devices.
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| domain | founded_year | HQ Location |
API-driven Decentralization-as-a-Service platform is provided for application development.
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| domain | founded_year | HQ Location |
Blockchain-based application development platform
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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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Latest news on Simba Chain
Frequently Asked Questions about SIMBA Chain
When was SIMBA Chain founded?
SIMBA Chain was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is SIMBA Chain located?
SIMBA Chain is headquartered in Plymouth, United States. It is registered at Plymouth, Massachusetts, United States.
Who is the current CEO of SIMBA Chain?
Joel Neidig is the current CEO of SIMBA Chain. They have also founded this company.
Is SIMBA Chain a funded company?
SIMBA Chain is a funded company, having raised a total of $27.64M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Feb 18, 2019.
How many employees does SIMBA Chain have?
As of Dec 31, 2021, the latest employee count at SIMBA Chain is 33.
What does SIMBA Chain do?
SIMBA Chain was founded in 2017 in Plymouth, United States, within the blockchain sector. A cloud-based platform is operated for creating and deploying smart contracts. Support is provided for Ethereum and Fabric blockchains, as well as IPFS and CEPH datastores. Network and file storage options are selectable by developers. A custom business application API is available for building tailored applications.
Who are the top competitors of SIMBA Chain?
SIMBA Chain's top competitors include Fantom, Spydra and Data Gumbo.
What products or services does SIMBA Chain offer?
SIMBA Chain offers SIMBA Platform, Digital Product Passport, SIMBA Ensure, SIMBA Insights, and SIMBA Build.
How many acquisitions has SIMBA Chain made?
SIMBA Chain has made 1 acquisition, including StrongSalt.
Who are SIMBA Chain's investors?
SIMBA Chain has 11 investors. Key investors include KKR, Lightspeed Venture Partners, Leland Stanford Junior University, Pit Road Fund, and Elevate Ventures.
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