About Terraform Labs
Terraform Labs is a company based in Singapore (Singapore) founded in 2018 by Do Kwon. It operates as a Blockchain-as-a-Service. Terraform Labs has raised $57 million across 6 funding rounds from investors including Binance, Coinbase and Galaxy. Terraform Labs has completed 1 acquisition, including Pulsar Finance. Terraform Labs offers products and services including Terra Blockchain. Terraform Labs operates in a competitive market with competitors including Ripple, TrustToken, Compound, Celo and MakerDAO, among others.
- Headquarter Singapore, Singapore
- Founders Do Kwon
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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
*********
- Legal Name Terraform Labs Pte. Ltd.
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Annual Revenue
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Net Profit
$-86.02 M-64as on Dec 31, 2023
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EBITDA
$-86.02 M-64as on Dec 31, 2023
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Total Equity Funding
$57 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series B
Jan 26, 2021
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Investors
Binance
& 19 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Terraform Labs
Terraform Labs offers a comprehensive portfolio of products and services, including Terra Blockchain. 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.
A blockchain platform for decentralized financial applications.
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Funding Insights of Terraform Labs
Terraform Labs has successfully raised a total of $57M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in January 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 6
- Last Round Series B — $25.0M
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First Round
First Round
(29 Aug 2018)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - Terraform Labs | Valuation | Galaxy , Pantera Capital | |
| Aug, 2019 | Amount | Seed - Terraform Labs | Valuation |
investors |
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| May, 2019 | Amount | Seed - Terraform Labs | Valuation | LuneX Ventures |
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| 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 Terraform Labs
Terraform Labs has secured backing from 20 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, Coinbase and Galaxy. 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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Blockchain-focused investment funds and venture capital are provided.
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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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Multiple sectors are invested in via a funds-of-funds approach.
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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 Terraform Labs
Terraform Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pulsar Finance. 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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Platform offering an interface to manage digital assets
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2021 |
| 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 - Terraform Labs
| 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 |
Terraform Labs Comparisons
Competitors of Terraform Labs
Terraform 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 Ripple, TrustToken, Compound, Celo and MakerDAO, 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 |
Blockchain-based payment network for cross-border transfers is developed.
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| domain | founded_year | HQ Location |
Physical assets are tokenized on a decentralized platform for liquidity.
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| domain | founded_year | HQ Location |
P2P lending platform based on the Ethereum blockchain
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| domain | founded_year | HQ Location |
Blockchain-based stablecoins are utilized for social payments and transfers.
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| domain | founded_year | HQ Location |
A collateral-backed stablecoin is issued on the Ethereum blockchain.
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| domain | founded_year | HQ Location |
A blockchain network for capital markets is operated.
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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 Terraform Labs
Frequently Asked Questions about Terraform Labs
When was Terraform Labs founded?
Terraform Labs was founded in 2018.
Where is Terraform Labs located?
Terraform Labs is headquartered in Singapore, Singapore.
Who is the current CEO of Terraform Labs?
Do Kwon is the current CEO of Terraform Labs. They have also founded this company.
Is Terraform Labs a funded company?
Terraform Labs is a funded company, having raised a total of $57M across 6 funding rounds to date.
What does Terraform Labs do?
Terraform Labs is involved in the development of blockchain technology, focusing on decentralized finance solutions. The company is currently in the process of winding down operations as of 30 September 2024, pursuant to a liquidation plan. Activities are centered on finalizing procedural details for crypto loss claims.
Who are the top competitors of Terraform Labs?
What products or services does Terraform Labs offer?
Terraform Labs offers Terra Blockchain.
How many acquisitions has Terraform Labs made?
Terraform Labs has made 1 acquisition, including Pulsar Finance.
Who are Terraform Labs's investors?
Terraform Labs has 20 investors. Key investors include Binance, Coinbase, Galaxy, OKX, and HashKey Exchange.
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