
Certora
Provides unique technology for guaranteeing code correctness and security.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
* | $36.0m | Series B | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 96 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Certora is a technology startup that specializes in securing smart contracts using industry-leading formal verification tools and smart contract audits. The company operates in the rapidly growing blockchain and cryptocurrency market, serving clients who use smart contracts in their operations. These clients span various industries, including finance, supply chain, and real estate, among others.
The company's primary offering is the Certora Prover, a tool that uses formal verification to ensure the security and functionality of smart contracts. Formal verification is a process that checks every possible state and path of a contract to identify potential vulnerabilities that could be exploited by hackers. In simpler terms, it's like a thorough security check that ensures the contract behaves exactly as expected in every possible scenario.
Certora's business model revolves around providing these formal verification services. Clients can either use the Certora Prover tool themselves or hire Certora's team of experts to secure their code. The company also offers a dedicated audit team that provides detailed reports and an interactive process to ensure the security of the client's code.
In addition to these services, Certora also engages with the wider community through audit contests in partnership with leading platforms like Code4rena. These contests help to crowdsource custom formal specifications, further enhancing the security of the client's code.
Certora generates revenue through the sale of its formal verification tools and services, as well as through the provision of expert consultation and audit services.
Keywords: Smart Contracts, Formal Verification, Blockchain, Cryptocurrency, Code Security, Audit Services, Certora Prover, Vulnerability Detection, Community Engagement, Expert Consultation.