About Torus Labs
Torus Labs is a company based in Singapore (Singapore) founded in 2018 by Leonard Tan and Yong Zhen Yu. It operates as a API-as-a-Product and Freemium. Torus Labs has raised $2 million across 1 funding round from investors including Multicoin Capital, TiL Group and Horizon Investments. Torus Labs offers products and services including Web3Auth, Torus Wallet, and tKey. Torus Labs operates in a competitive market with competitors including Okta, Ping Identity, Gemalto, JumpCloud and ForgeRock, among others.
- Headquarter Singapore, Singapore
- Founders Leonard Tan, Yong Zhen Yu
- SectorsTechnology
- Email••••••••
- Website tor.us
- Social LinkedIn X YouTube
- Legal Name Torus Labs Private Limited
- Date of Incorporation 03 Feb, 2020
- Jurisdiction Nashik, Maharashtra, India
- Total Equity Funding$2 M (USD)
in 1 rounds
- Latest Funding Round$2 M (USD), Seed
Jul 2019
- InvestorsMulticoin Capital
& 5 more
Associated legal entities of Torus Labs
Torus Labs operates through Torus Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Torus Labs Private Limited CIN U33309MH2020PTC337063 | Active | 03 Feb 2020 | Nashik, Maharashtra | – | – | 2 | View details |
Products & Services of Torus Labs
Torus Labs offers a comprehensive portfolio of products and services, including Web3Auth, Torus Wallet, and tKey.
Authentication infrastructure for Web3 applications is provided securely.
Non-custodial wallet for simplified user key management.
Key splitting technology for enhanced security is offered.
Apps and channels of Torus Labs
its YouTube channel Web3Auth has 917 subscribers and 30 videos.
Videos from Torus Labs
The most watched videos on Torus Labs's YouTube channel, Web3Auth (917 subscribers). Click a video to play it here.
More on Web3Auth.
Funding Insights of Torus Labs
Torus Labs has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in July 2019. 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 $2.0M
- Total Rounds 1
- Last Round Seed — $2.0M
- First Round $2.0M
(Jul 2019)
- Investors Count 6
All 1 funding rounds of Torus 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 |
|---|---|---|---|---|---|
| Jul 2019 | $2.0M | Seed | – | Multicoin Capital |
6 investors in total: 6 institutional.
Investors in Torus Labs
Torus Labs has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Multicoin Capital, TiL Group and Horizon Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accomplice is engaged in venture capital investments for startups. | – | accomplice.co | Boston, United States | |
Diversified investment management services are provided by Horizon Investments. | 1995 | horizoninvestments.com | Charlotte, United States | |
- | – | ventures.coinbase.com | - | |
Shipment infrastructure investments are managed by TIL fund. | 2000 | tilgroup.com | Geneva, Switzerland | |
Venture capital is invested in blockchain and cryptocurrency sectors. | 2017 | multicoin.capital | Austin, United States | |
YZi Labs is recognized as an investment vehicle for impact. | – | labs.binance.com | - |
Investor details for Torus Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Torus Labs Private Limited (Torus Labs)
Torus Labs Private Limited is the primary company behind Torus Labs. The board of Torus Labs Private Limited currently have 2 directors; the longest-serving is Uttam Karbhari Avhad, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uttam Karbhari Avhad DIN 08490817 | Director | 03 Feb 2020 | 6 yrs 8 mo | Torus Labs Private Limited |
| Prathamesh Uttam Avhad DIN 08687592 | Director | 03 Feb 2020 | 6 yrs 8 mo | Torus Labs Private Limited |
People of Torus Labs
3 people are tracked at Torus Labs (3 in leadership).
| Name | Role | Group |
|---|---|---|
Leonard Tan | Co-Founder | Leadership |
Yong Zhen Yu | Co-Founder | Leadership |
Ong Jun Hao | – | Leadership |
Complete people profiles for Torus Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Torus Labs
2 dated milestones of Torus Labs across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Torus Labs is founded.
- Funding First funding round of $2.0M.
Competitors of Torus Labs
Torus 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 Okta, Ping Identity, Gemalto, JumpCloud and ForgeRock, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| okta.com | 2009 | San Francisco, United States | $231.3M | 5,908 | Cloud-based identity management and authentication are provided for enterprises. | |
| pingidentity.com | 2002 | Denver, United States | $136.9M | 821 | Cloud-based identity management solutions are provided for enterprises. | |
| gemalto.com | 1979 | Amsterdam, Netherlands | – | 17 | Secure personal devices and SIM cards are provided worldwide. | |
| jumpcloud.com | 2012 | Boulder, United States | $408.4M | 220 | Cloud-based directory management for user and IT authentication is provided. | |
| forgerock.com | 2010 | San Francisco, United States | $233.7M | 353 | Cloud-based identity verification solutions are provided for customers. | |
| stytch.com | 2020 | San Francisco, United States | $146.0M | 28 | User authentication solutions are provided for modern applications. | |
| onelogin.com | 2009 | San Francisco, United States | $172.0M | 200 | Identity and access management solutions for enterprises are provided. | |
| secureauth.com | 2005 | Irvine, United States | $37.8M | 44 | Platform that features in customer identity and access management solutions |
Detailed competitors of Torus Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Torus Labs
The website of Torus Labs (tor.us) receives about 49.5K visits a month.
- Monthly visits49.5K
▲ 11.5% vs previous month
Websites whose visitors overlap most with Torus Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| solflare.com | 100% | 438.9K | #110,019 | View details | |
| xrpl.org | 100% | 314.1K | #159,686 | View details | |
| quicknode.com | 100% | 389.5K | #81,885 | View details | |
| solana.com | 100% | 866.5K | #57,752 | View details | |
| atomicwallet.io | 100% | 276.4K | #157,575 | View details |
Latest news on Torus Labs
Complete news archive for Torus 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 Torus Labs
10 companies that operate in the same segment as Torus Labs (Cybersecurity & Data Protection), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 4,260 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud-based identity management and authentication are provided for enterprises. | 2009 | San Francisco, California, United States | USD 231.3 M | USD 2.92 B | 5,910 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Identity security solutions are provided to secure identities across infrastructures. | 1999 | Petah Tikva, Central District, Israel | USD 59 M | USD 1 B | 3,790 |
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Frequently Asked Questions about Torus Labs
Torus Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Torus Labs is headquartered in Singapore, Singapore.
Torus Labs is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jul 2019.
Torus Labs is engaged in providing open-source, non-custodial key management solutions for Web3 applications. The company operates within the blockchain technology sector, offering products like Web3Auth and Torus Wallet to simplify and secure user key management. Innovative approaches such as threshold cryptography and social login integration are utilized to enhance user experience and security. Solutions are designed to reduce key loss and improve onboarding conversion rates for users transitioning to Web3 environments.
Torus Labs's top competitors include Ping Identity, Okta and ForgeRock.
Torus Labs offers Web3Auth, Torus Wallet, and tKey.
Torus Labs has 6 investors. Key investors include Multicoin Capital, TiL Group, Horizon Investments, Accomplice, and ventures.coinbase.com.
Torus Labs operates through Torus Labs Private Limited.
The legal entities of Torus Labs currently have 2 directors, including Uttam Karbhari Avhad, Prathamesh Uttam Avhad.