Ark Labs - About the company
Ark Labs is a seed company based in Tonga, founded in 2024. It operates as a Developer of layer two protocol for Bitcoin. Ark Labs has raised $2.5M in funding from Draper. The company has 449 active competitors, including 23 funded and 7 that have exited. Its top competitors include companies like Bitcoin, Dash and Zcash Electric Coin Company.
Company Details
Developer of layer two protocol for Bitcoin. It enhance the scalability and usability of Bitcoin payments by providing fast, low-cost, and seamless transactions.
- Website
- www.arklabs.to
- Social
- Email ID
- *****@arklabs.to
Key Metrics
Founded Year
2024
Location
Stage
Seed
Total Funding
$2.5M in 1 round
Latest Funding Round
Ranked
32nd among 449 active competitors
Employee Count
13 as on May 31, 2026
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Ark Labs's funding and investors
Ark Labs has raised a total funding of $2.5M over 1 round. Its latest funding round was a Seed round on Aug 22, 2024 for $*****. 5 investors participated in its latest round. Ark Labs has 3 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Ark Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 22, 2024 | 9622726 | Seed | 9171758 | 4128915 | 6639928 | 7501044 |
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Ark Labs' founders and board of directors
Founder? Claim ProfileArk Labs' employee count trend
Ark Labs has 13 employees as of May 26. Here is Ark Labs's employee count trend over the years:
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Ark Labs's Competitors and alternates
Top competitors of Ark Labs include Bitcoin, Dash and Zcash Electric Coin Company. Here is the list of Top 10 competitors of Ark Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bitcoin 2009, Las Vegas (United States), Public | Decentralized P2P cryptocurrency for payments | $100M | 72/100 | |
2nd |  Dash 2014, Scottsdale (United States), Series B | Digital currency for making payments | $16.2M | 69/100 | |
3rd | Zcash Electric Coin Company 2016, Boulder (United States), Seed | Privacy-protecting digital currency enabling private peer-to-peer electronic cash transactions | - | 56/100 | |
4th | Request Network 2017, Singapore (Singapore), Seed | Decentralized payment network | $5.62M | 56/100 | |
5th | Network providing a digital currency for payments, transfers, and transactions | - | - | 55/100 | |
6th | Privacy-focused cryptocurrency based on MimbleWimble blockchain | $5M | 55/100 | ||
7th | BitMinutes 2017, New York City (United States), Funding Raised | Financial inclusion through prepaid minutes, transfers, payments, and microloans | - | 51/100 | |
8th | Litecoin Project 2011, San Francisco (United States), Series A | Open-source P2P digital currency enabling instant, near-zero cost global payments | - | 51/100 | |
9th | Blockchain-enabled decentralized payment solution | $5M | 51/100 | ||
10th |  AXEL 2013, Las Vegas (United States), Funding Raised | Digital currency focused on payments | - | - | 48/100 |
32nd | Developer of layer two protocol for Bitcoin | $2.5M | 36/100 |
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Ark Labs's Investments and acquisitions
Ark Labs has made no investments or acquisitions yet.
Reports related to Ark Labs
Here is the latest report on Ark Labs's sector:
News related to Ark Labs
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Tim Draper leads $2.5 million funding round for crypto startup Ark LabsThe Star Online•Aug 22, 2024•ArkLabs, Draper, Fulgur Ventures, Axiom Capital Management and 1 other
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