About XMTP
XMTP is a company based in Wilmington (United States) founded in 2003 by Matthew Galligan and Shane McSimov. XMTP has raised $25.53 million across 1 funding round from investors including Coinbase, Andreessen Horowitz and Nascent. The company has 19 employees as of December 31, 2024. XMTP offers products and services including Messaging Network, Payments Integration, and Identity Management. XMTP operates in a competitive market with competitors including Manta Network, Secret Network, Automata Network, HEXAGATE and NuLink, among others.
- Headquarter Wilmington, United States
- Employees 19 as on 31 Dec, 2024
- Founders Matthew Galligan, Shane McSimov
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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 Xmtp Labs, Inc.
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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
$25.53 M (USD)
in 1 rounds
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Latest Funding Round
$25.53 M (USD), Series B
Aug 31, 2021
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Investors
Coinbase
& 3 more
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Employee Count
19
as on Dec 31, 2024
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Products & Services of XMTP
XMTP offers a comprehensive portfolio of products and services, including Messaging Network, Payments Integration, and Identity Management.
Secure protocol for decentralized chats and notifications in web3 apps.
System for embedding peer-to-peer payments into messaging services.
Framework for unifying wallet addresses into secure messaging identities.
People of XMTP
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Funding Insights of XMTP
XMTP has successfully raised a total of $25.53M through 1 strategic funding round. The most recent funding activity was a Series B round of $25.53 million completed in August 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.
Investors in XMTP
XMTP has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Andreessen Horowitz and Nascent.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Nascent is engaged in building and investing in open financial markets.
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Cryptocurrency trading, storage, and exchange services are offered online.
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Investor details for XMTP
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by XMTP
Investment portfolio details for XMTP
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Financial Statements - XMTP
Detailed financials for XMTP
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Xmtp Comparisons
Peer comparison for XMTP
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of XMTP
XMTP 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 Manta Network, Secret Network, Automata Network, HEXAGATE and NuLink, among others.
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Provider of data privacy solutions provider
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Cloud and blockchain based data privacy platform for Web 3
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Data privacy solutions provider
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Web3 security risks are detected and mitigated by HEXAGATE extension.
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Blockchain-based data privacy solutions for applications are provided.
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Detailed competitors of XMTP
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Latest news on Xmtp
Complete news archive for XMTP
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Frequently Asked Questions about XMTP
XMTP was founded in 2003 and raised its 1st funding round 18 years after it was founded.
XMTP is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Matthew Galligan is the current CEO of XMTP. They have also founded this company.
XMTP is a funded company, having raised a total of $25.53M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at XMTP is 19.
Offering secure web3 messaging solution. Build with XMTP to send messages between blockchain accounts, including DMs, alerts, announcements, and more. The features offered by the platform are, enables apps to keep users informed with timely event-based notifications, apps enable to engage users with meaningful one-to-many messaging, and users can connect and build community with one-to-one messaging.
XMTP's top competitors include Manta Network, Secret Network and HEXAGATE.
XMTP offers Messaging Network, Payments Integration, and Identity Management.
XMTP has 4 investors. Key investors include Coinbase, Andreessen Horowitz, Nascent, and Jason Warner.