Web3Auth

Singapore, Singapore Founded: 2018 • Age: 8 yrs Acquired By Consensys
Cloud-based infrastructure is offered for decentralized applications and wallets.
Annual revenue - Latest available
Total funding $15.0M 2 rounds
Employees - Tracked headcount
Investors 24 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Web3Auth

Web3Auth is a company based in Singapore (Singapore) founded in 2018 was acquired by Consensys in June 2025. Web3Auth has raised $15 million across 2 funding rounds from investors including Binance, Coinbase and Consensys. Web3Auth offers products and services including Authentication SDK, Wallet Services, and Core Kit. Web3Auth operates in a competitive market with competitors including Civic Technologies, SelfKey, IndyKite, Procivis and Qui, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Torus Labs Private Limited
  • Date of Incorporation 03 Feb, 2020
  • Jurisdiction Nashik, Maharashtra, India
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15 M (USD)

    in 2 rounds

  • Latest Funding Round
    $13 M (USD), Series A

    Jan 12, 2022

  • Investors
    Binance

    & 23 more

  • Employee Count
    Not available
  • Acquired by
    Consensys

    (Jun 02, 2025)

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Products & Services of Web3Auth

Web3Auth offers a comprehensive portfolio of products and services, including Authentication SDK, Wallet Services, and Core Kit.

Product name locked
Category locked
Primary

Enables secure user onboarding with social logins and MFA.

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Provides UI and on-ramp for non-custodial blockchain wallets.

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Allows customizable and whitelabeled blockchain integrations.

People of Web3Auth

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Elisha John Koh
COO

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Teams

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Funding Insights of Web3Auth

Web3Auth has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13 million completed in January 2022. 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 Web3Auth

Web3Auth has secured backing from 24 investors, including venture fund and institutional investors. Prominent investors backing the company include Binance, Coinbase and Consensys.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Blockchain-based companies are invested in by the venture capital fund.
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Investments are made in early-stage blockchain startups by YBB Foundation.
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Investor details for Web3Auth

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Investments & Acquisitions by Web3Auth

Investments
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Investment portfolio details for Web3Auth

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Financial Statements - Web3Auth

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Detailed financials for Web3Auth

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Web3auth Comparisons

Web3Auth Primary company
Description
Cloud-based infrastructure is offered for decentralized appl...
Location
Singapore, Singapore
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Web3Auth

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Competitors of Web3Auth

Web3Auth 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 Civic Technologies, SelfKey, IndyKite, Procivis and Qui, among others.

Company Name Domain Founded year HQ Location Description
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Decentralized identity verification is enabled through AI and blockchain.
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Provider of digital identity wallet management solutions
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Provider of cloud and blockchain-based security solutions for IoT and AI applications
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Digital identity management solutions are offered to government agencies.
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Offering federated identity management solutions
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Detailed competitors of Web3Auth

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Latest news on Web3auth

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Complete news archive for Web3Auth

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Frequently Asked Questions about Web3Auth

Web3Auth was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Web3Auth is headquartered in Singapore, Singapore.

Web3Auth is a funded company, having raised a total of $15M across 2 funding rounds to date.

Web3Auth was founded in 2018 and is headquartered in Singapore. Infrastructure for decentralized applications and wallets is provided through a cloud-based platform. Non-custodial multi-factor authentication solutions are delivered to support secure access to digital assets and user identities. Operations focus on enabling integration across various platforms and applications within the blockchain and Web3 sector.

Web3Auth's top competitors include Civic Technologies, SelfKey and IndyKite.

Web3Auth offers Authentication SDK, Wallet Services, and Core Kit.

Web3Auth has 24 investors. Key investors include Binance, Coinbase, Consensys, FTX, and Bitcoin.com.

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