Reach

Reach

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Reach Blockchain Development Platform. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$48m (Public information from May 2021)
Boston Massachusetts (HQ)
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DateInvestorsAmountRound
-investor

$0.0

round
N/A

$12.0m

Valuation: $48.0m

Early VC
Total Funding000k

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Reach.sh is a forward-thinking startup operating in the blockchain and Web3 space. The company provides a comprehensive development platform designed to simplify and secure the creation of decentralized applications (DApps). Reach.sh primarily serves blockchain developers and businesses looking to leverage blockchain technology for their products and services.

The market Reach.sh operates in is the rapidly growing blockchain and Web3 sector, which includes cryptocurrencies, decentralized finance (DeFi), and other blockchain-based applications. This market is characterized by its high potential for innovation and disruption, but also by its complexity and the technical challenges it presents.

Reach.sh's business model revolves around offering a suite of tools and services that make blockchain development more accessible and cost-effective. The platform features autoformal verification, which ensures that funds locked in smart contracts are secure and that all participants are acting honestly. This is crucial in a market where security breaches can result in significant financial losses.

One of the standout features of Reach.sh is its Smart Test Environment, which allows developers to test and debug their smart contracts in real-time without the need to deploy new contracts repeatedly. This feature mimics Ethereum (ETH) and Algorand (ALGO) testnets on the developer's computer, streamlining the development process.

Reach.sh also boasts multi-chain compatibility, enabling developers to build their DApps once and deploy them across various blockchains. This flexibility is a significant advantage in a market where different blockchains offer different benefits and capabilities.

The company makes money by offering its platform as a service to developers and businesses. By reducing the cost and complexity of blockchain development, Reach.sh attracts a wide range of clients, from startups to established enterprises looking to innovate in the blockchain space.

In summary, Reach.sh is a blockchain development platform that simplifies the creation of secure and efficient DApps, serving developers and businesses in the Web3 market. It offers tools for autoformal verification, real-time testing, and multi-chain deployment, making blockchain development more accessible and cost-effective.

Keywords: blockchain, Web3, DApps, smart contracts, autoformal verification, multi-chain, Ethereum, Algorand, development platform, secure coding.

Tech stack

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