About Versatus
Versatus is a company based in Miami (United States) founded in 2021 by Andrew Nicholas Smith. Versatus has raised $2.3 million across 2 funding rounds from investors including LBank Labs, Jump Crypto and Big Brain Holdings. Versatus offers products and services including Allegra, Decentralized Cloud AVS, and Hyperscale P2P Infrastructure. Versatus operates in a competitive market with competitors including Phaver, Lens, Easy, Farcaster and FWB, among others.
- Headquarter Miami, United States
- Founders Andrew Nicholas Smith
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Versatus Labs
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.3 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
LBank Labs
& 7 more
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Employee Count
Employee Count
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Products & Services of Versatus
Versatus offers a comprehensive portfolio of products and services, including Allegra, Decentralized Cloud AVS, and Hyperscale P2P Infrastructure.
Platform for developing and deploying full-stack decentralized applications securely.
Solution for provisioning and managing scalable VPS and container services.
Infrastructure enabling peer-to-peer web decentralization and data privacy.
Funding Insights of Versatus
Versatus has successfully raised a total of $2.3M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(06 Dec 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Versatus | Valuation | LBank Labs | |
| Dec, 2023 | Amount | Seed - Versatus | Valuation | NGC Ventures , Republic Crypto |
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Investors in Versatus
Versatus has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include LBank Labs, Jump Crypto and Big Brain Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital, incubator, and hedge fund focused on crypto projects
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Founded Year | Domain | Location | |
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Blockchain-based startups are funded by NGC venture capital firm.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Versatus
Financial Statements - Versatus
Versatus Comparisons
Competitors of Versatus
Versatus 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 Phaver, Lens, Easy, Farcaster and FWB, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Decentralized social networking platform
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| domain | founded_year | HQ Location |
Blockchain protocols for decentralized social networks are offered by Lens.
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| domain | founded_year | HQ Location |
Decentralized social platform for connecting with friends
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| domain | founded_year | HQ Location |
Decentralized white-label social platforms are provided for community creation.
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| domain | founded_year | HQ Location |
Provider of social DAO
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| domain | founded_year | HQ Location |
AI-based web3 social platforms and infrastructure solutions are provided.
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Frequently Asked Questions about Versatus
Versatus was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Versatus is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Versatus is a funded company, having raised a total of $2.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Dec 06, 2023.
Versatus was founded in 2021 by Andrew Nicholas Smith in Miami, United States, focusing on the decentralized computing sector. A compute stack is offered to enable distributed processing and blockchain-related operations. Backing has been secured from investors including Jump Crypto, BigBrain Holdings, NGC Ventures, and Republic Crypto. The companys domain, versatus.io, supports its activities in providing infrastructure for decentralized applications across the United States.
Versatus offers Allegra, Decentralized Cloud AVS, and Hyperscale P2P Infrastructure.
Versatus has 8 investors. Key investors include LBank Labs, Jump Crypto, Big Brain Holdings, NGC, and Republic Crypto.