StarkWare Industries
Develops a full-proof stack in generating and verifying proofs of computational integrity in the blockchain.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | $6.0m | Seed | |
* | $30.0m | Series A | |
$75.0m | Series B | ||
$50.0m Valuation: $2.0b | Series C | ||
* | $100m Valuation: $8.0b 481.9x EV/Revenue | Series D | |
| Total Funding | $261m | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 118 % | 96 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
StarkWare Industries is a software company that specializes in cryptography and blockchain technology. The company develops solutions to improve scalability and privacy on the Ethereum blockchain.
StarkWare's main products are StarkNet and StarkEx. StarkNet is a decentralized, permissionless, and censorship-resistant ZK-Rollup that operates as a Layer 2 network over Ethereum. This allows any dApp to achieve unlimited scale for its computation, without compromising Ethereum's composability and security. StarkEx is a standalone permissioned scaling engine that has been used to power a number of DeFi and gaming applications.
The company's technology is based on STARK proofs, a type of zero-knowledge proof that is designed to be efficient and scalable. STARK proofs allow StarkWare to bundle together thousands of transactions and then verify them on the Ethereum mainnet with a single, small proof. This significantly reduces the gas fees that users have to pay, and it also increases the throughput of the Ethereum network.
StarkWare's business model is based on charging fees for the use of its technology. The company also has a native token, called STARK, which is used to pay for fees on the StarkNet network.
Keywords: ZK-Rollup, Layer 2, Ethereum, scalability, STARK proofs, dApps, blockchain, cryptography, StarkNet, StarkEx
