About Solayer
Solayer is a company based in Zug (Switzerland) founded in 2024 by Anatoly Yakovenko and Raj Gokal.. Solayer has raised $12 million across 1 funding round from investors including Polychain, Nomad Capital and Big Brain Holdings. Solayer has completed 1 acquisition, including FuzzLand. Solayer offers products and services including Solayer Emerald Card, InfiniSVM, sSOL, sUSD, and DeFi Card. Solayer operates in a competitive market with competitors including CyberConnect, Stader, Kiln, RockX and ether.fi, among others.
- Headquarter Zug, Switzerland
- Founders Anatoly Yakovenko, Raj Gokal
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Products & Services of Solayer
Solayer offers a comprehensive portfolio of products and services, including Solayer Emerald Card, InfiniSVM, sSOL, sUSD, and DeFi Card. 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.
Card for blockchain transactions and asset management services.
Hardware-accelerated system for scaling blockchain throughput.
Token for depositing SOL and earning yields in ecosystem.
Stable digital asset for transactions in Solayer network.
Card enabling decentralized finance interactions and integrations.
Funding Insights of Solayer
Solayer has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Seed round of $12 million completed in May 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 1
- Last Round Seed — $12.0M
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First Round
First Round
(17 May 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Solayer | Valuation | Polychain |
| 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 |
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Investors in Solayer
Solayer has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Polychain, Nomad Capital and Big Brain Holdings. 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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Web3 venture capital firm partnering on blockchain projects.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Investments are made in transformational technology founders by ABCDE.
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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 Solayer
Solayer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FuzzLand. 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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Smart contracts are analyzed automatically for vulnerabilities and managed.
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2022 |
| 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 - Solayer
| 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 |
Solayer Comparisons
Competitors of Solayer
Solayer 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 CyberConnect, Stader, Kiln, RockX and ether.fi, 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 |
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| domain | founded_year | HQ Location |
Web3 social network platform
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Staking solutions for cryptocurrencies are provided via an online platform.
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Provider of cryptocurrency staking solutions
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| domain | founded_year | HQ Location |
Digital staking solutions for cryptocurrencie
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| domain | founded_year | HQ Location |
Liquid staking protocol
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| domain | founded_year | HQ Location |
Staking platform for cryptocurrency
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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 Solayer
Frequently Asked Questions about Solayer
When was Solayer founded?
Solayer was founded in 2024.
Where is Solayer located?
Solayer is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
Is Solayer a funded company?
Solayer is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Seed of $12M, raised on May 17, 2024.
What does Solayer do?
Solayer was founded in 2024 in Zug, Switzerland, within the blockchain sector. A platform is operated on Solana to enable restaking for base layer security. A shared validator network is introduced to support this model. Shared-validator-as-a-service is offered, ensuring decentralized protection for network operations across relevant geographies.
Who are the top competitors of Solayer?
Solayer's top competitors include Kiln, EigenLayer and CyberConnect.
What products or services does Solayer offer?
Solayer offers Solayer Emerald Card, InfiniSVM, sSOL, sUSD, and DeFi Card.
How many acquisitions has Solayer made?
Solayer has made 1 acquisition, including FuzzLand.
Who are Solayer's investors?
Solayer has 7 investors. Key investors include Polychain, Nomad Capital, Big Brain Holdings, Hack VC, and Race Capital.
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