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
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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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- Legal Name Torus Labs Private Limited
- Jurisdiction Nashik, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 09, 2019
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Investors
Multicoin Capital
& 5 more
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Employee Count
Not available
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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.
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.
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.
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Accomplice is engaged in venture capital investments for startups.
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Diversified investment management services are provided by Horizon Investments.
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Investor details for Torus Labs
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Investments & Acquisitions by Torus Labs
Investment portfolio details for Torus Labs
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Financial Statements - Torus Labs
Detailed financials for Torus Labs
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Torus Labs Comparisons
Peer comparison for Torus Labs
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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 year | HQ Location | Description |
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Cloud-based identity management and authentication are provided for enterprises.
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Cloud-based identity management solutions are provided for enterprises.
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Secure personal devices and SIM cards are provided worldwide.
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Cloud-based directory management for user and IT authentication is provided.
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Cloud-based identity verification solutions are provided for customers.
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User authentication solutions are provided for modern applications.
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Detailed competitors of Torus Labs
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Latest news on Torus Labs
Complete news archive for Torus Labs
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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.
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.