Utopia Labs
Builds systems for managing + automating contributor payments, expenses, and reporting for DAOs.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 500 % |
| 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
Related Content
Utopia Labs is a software company that provides a payroll and expense management platform for Decentralized Autonomous Organizations (DAOs). The platform is designed to help DAOs manage their finances and operations by providing tools for collaborative management of Gnosis Safes, which are multi-signature wallets used by many DAOs to store their crypto assets.
Utopia Labs' platform allows DAOs to automate their payroll processes, enabling them to pay their contributors in either fiat currency or cryptocurrency. The platform also includes features for tracking and managing expenses, as well as for generating financial reports. This helps DAOs to maintain transparency and accountability in their financial operations.
The company's business model is based on providing its software as a service (SaaS) to DAOs. Utopia Labs was recently acquired by Coinbase, a major cryptocurrency exchange, with the team joining Base to accelerate their on-chain payments roadmap within Coinbase Wallet.
Keywords: payroll, expense management, DAOs, crypto, Gnosis Safe, payments, accounting, reporting, web3, finance