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
- SectorsTechnologyFinancial Services
- Website category Finance · Investing
- Email••••••••
- Website terra.money
- Social LinkedIn X
- Legal Name Terraform Labs Pte. Ltd.
- Net Profit-$86.02 M (USD)-64as on Dec 31, 2023
- EBITDA-$86.02 M (USD)-64as on Dec 31, 2023
- Total Equity Funding$57M (USD)
in 6 rounds
- Latest Funding Round$25M (USD), Series B
Jan 2021
- InvestorsBinance
& 19 more
- Investments & Acquisitions
Products & Services of Terraform Labs
Terraform Labs offers a comprehensive portfolio of products and services, including Terra Blockchain.
A blockchain platform for decentralized financial applications.
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 $57M
- Total Rounds 6
- Last Round Series B — $25M
- First Round $32M
(Aug 2018)
- Investors Count 20
All 6 funding rounds of Terraform Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $25M | Series B | – | Galaxy, Pantera Capital | |
| Aug 2019 | – | Seed | – | – | |
| May 2019 | – | Seed | – | LuneX Ventures | – |
| Feb 2019 | $143M | Token Sale | – | – | – |
| Feb 2019 | – | Seed | – | Kakao Investment, Kakao Ventures | – |
| Aug 2018 | $32M | Seed | – | OKX, Huobi |
20 investors in total: 20 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Venture capital fund focused on crypto-assets | – | hashed.com | Seoul, South Korea | |
Multiple sectors are invested in via a funds-of-funds approach. | – | kenetic.capital | Hong Kong, China | |
Blockchain companies are invested in by Arrington XRP Capital. | – | arringtonxrpcapital.com | Seattle, United States | |
Early-stage blockchain companies are invested in by LuneX Ventures. | – | lunex.vc | Singapore, Singapore | |
Early and growth-stage investments in Asian tech firms are made. | – | kvgcorp.com | Seongnam-si, South Korea | |
Venture capital investments are directed toward IT startups. | – | kakao.vc | Seongnam-si, South Korea | |
US & Asia focused seed, early & expansion stage VC firm | – | translinkcapital.com | Palo Alto, United States | |
ICO-based venture capital fund | – | 1kx.network | - | |
Venture capital firm backed by Dunamu | – | dunamupartners.com | Seoul, South Korea |
Investor details for Terraform Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Terraform Labs
10 people are tracked at Terraform Labs (7 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Do Kwon | Co-Founder & CEO | Leadership |
Miguel Loures | Head Of Products | Leadership |
Stanford Liu | Head of Research | Leadership |
Alex Kim | VP, Engineering | Leadership |
Nicholas Platias | Head of Research | Leadership |
Jason Stallings | Head of Developer Relations | Leadership |
Eduardo Alves | Head Of Engineering | Leadership |
Edmund L. | Finance Manager | Team |
Jiri Jetmar | Terra Blockchain R&d (terra.money) | Team |
Renato Oliveira | Frontend Web Developer | Team |
Complete people profiles for Terraform Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Terraform Labs
Terraform Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pulsar Finance.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Platform offering an interface to manage digital assets | pulsar.finance | Lisbon, Portugal | 2021 | Nov 2023 | •••• |
Complete acquisition details for Terraform Labs
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Terraform Labs
4 dated milestones of Terraform Labs across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Terraform Labs is founded.
- Funding First funding round of $32.0M.
- Funding Latest funding round, Series B, of $25.0M.
- Acquisition Acquires Pulsar Finance.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ripple.com | 2012 | San Francisco, United States | $352.68M | 554 | Blockchain-based payment network for cross-border transfers is developed. | |
| trusttoken.com | 2017 | San Francisco, United States | $32.5M | – | Physical assets are tokenized on a decentralized platform for liquidity. | |
| compound.finance | 2017 | San Francisco, United States | $79.44M | – | P2P lending platform based on the Ethereum blockchain | |
| celo.org | 2011 | San Francisco, United States | $57.5M | 50 | Blockchain-based stablecoins are utilized for social payments and transfers. | |
| makerdao.com | 2014 | San Francisco, United States | $15M | – | A collateral-backed stablecoin is issued on the Ethereum blockchain. | |
| axoni.com | 2013 | New York, United States | $108.12M | 142 | A blockchain network for capital markets is operated. | |
| circle.com | 2013 | Boston, United States | $1.5B | – | Cross-border cryptocurrency payments for businesses are enabled through APIs. | |
| injective.com | 2018 | New York, United States | $95.2M | – | Programmable processor architecture is developed for energy-efficient computing. |
Detailed competitors of Terraform Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Terraform Labs
The website of Terraform Labs (terra.money) receives about 72.3K visits a month and ranks #496,301 among all websites worldwide, #5,025 in Investing.
- Monthly visits72.3K
▲ 4.8% vs previous month
- Unique visitors28.9K
per month
- Global rank#496,301
among all websites
- Category rank#5,025
Finance · Investing
- Bounce rate43%
- Pages per visit2.2
- Average visit15 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Terraform Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
coinvestasi.com | coinvestasi.com | 100% | – | #431,832 | – |
| cryptoast.fr | 100% | – | #130,287 | View details | |
investx.fr | investx.fr | 100% | – | #478,677 | – |
autofaucet.org | autofaucet.org | 65% | – | #240,679 | – |
| journalducoin.com | 60% | – | #138,907 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Terraform Labs
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- 6 similar websites
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- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Terraform Labs
Complete news archive for Terraform Labs
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Terraform Labs
10 companies that operate in the same segment as Terraform Labs (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – | |
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | – | – |
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Frequently Asked Questions about Terraform Labs
Terraform Labs was founded in 2018.
Terraform Labs is headquartered in Singapore, Singapore.
Do Kwon is the current CEO of Terraform Labs. They have also founded this company.
Terraform Labs is a funded company, having raised a total of $57M across 6 funding rounds to date. The company's 1st funding round was a Seed of $32M, raised on Aug 2018.
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.
Terraform Labs offers Terra Blockchain.
Terraform Labs has made 1 acquisition, including Pulsar Finance.
Terraform Labs has 20 investors. Key investors include Binance, Coinbase, Galaxy, OKX, and HashKey Exchange.
Terraform Labs operates through Terraform Labs Pte. Ltd..