Boba - About the company
Boba is a series A company based in Palo Alto (United States), founded in 2021 by Alan Chiu and Violet B Abtahi. It operates as a Decentralized network platform for Ethereum. Boba has raised $45M in funding from investors like CRYPTO, Ghaf Capital and M13 Company, with a current valuation of $1B. The company has 53 active competitors, including 17 that are funded. Its top competitors include companies like Blockstream, Gnosis and Orbs.
Sectors and market segments that Boba operate in
Boba serves in the High Tech, Blockchain Technology market segments.The primary business model of Boba are:Company Details
Decentralized network platform for Ethereum. It provides users with NFT bridging, save gas, and liquidity pools, reduce gas fees, extends the capabilities of smart contracts, improves transaction, and more. It allows developers to build DApps that invoke code executed on web-scale infrastructure such as AWS Lambda.
- Website
- boba.network
Key Metrics
Founded Year
2021
Location
Palo Alto, United States
Stage
Series A
Total Funding
$45M in 1 round
Latest Funding Round
Post Money Valuation
$1B as on Apr 05, 2022
Ranked
7th among 53 active competitors
Employee Count
11 as on Mar 31, 2026
Investment & Acquisitions
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Boba's funding and investors
Boba has raised a total funding of $45M over 1 round. Its latest funding round was a Series A round on Apr 05, 2022 for $45M. 35 investors participated in its latest round. Boba has 44 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Boba:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 05, 2022 | $45M | Series A | $1B | - |
View details of Boba's funding rounds and investors
Boba's founders and board of directors
Founder? Claim ProfileThe founders of Boba are Alan Chiu and Violet B Abtahi.
Here are the details of Boba's key team members:
- Alan Chiu: Co-Founder of Boba and founder of 2 other companies, Listo Unlimited and Enya.
- Violet B Abtahi: Co-Founder of Boba. Contact Info: 1 email address
View details of Boba's Founder profiles and Board Members
Boba's employee count trend
Boba has 11 employees as of Mar 26. Here is Boba's employee count trend over the years:
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Boba's Competitors and alternates
Top competitors of Boba include Blockstream, Gnosis and Orbs. Here is the list of Top 10 competitors of Boba, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockstream 2014, Montreal (Canada), Series C | Developer of blockchain-based platform building crypto-financial infrastructure | $651M | 75/100 | |
2nd | Crypto-based financial service provider | $500K | 63/100 | ||
3rd | Infrastructure as a service via virtual chains | $15.4M | 63/100 | ||
4th | Lightning Labs 2016, San Francisco (United States), Series B | Blockchain-based sidechain network | $82.5M | 60/100 | |
5th | Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | 54/100 | |
6th | Aventus 2017, London (United Kingdom), Funding Raised | Provider of blockchain-as-a-service solutions for supply chain, loyalty, and brands | - | 49/100 | |
7th | Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | 48/100 | |
8th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | 45/100 | |
9th | Cross-blockchain communication based on Lisk-fork | - | 45/100 | ||
10th | Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | 43/100 |
Looking for more details on Boba's competitors? Click here to see the top ones
Boba's Investments and acquisitions
Boba has a total of 1 investment in OpenPad. Boba has not made any acquisitions as of now.News related to Boba
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Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem AccessibilityCryptoGlobe•Jan 24, 2025•Boba, Nucleus
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OpenPad AI Raises $2M To Transform Web3 Investments With Decentralized AI AnalyticsGlobeNewswire•Dec 02, 2024•OpenPad, Basics Capital, Protein, Spice Capital and 8 others
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DeFi, AI, Gaming, RWA Projects Flock to Boba LiftOFF Accelerator to Build for a Better Web3GlobeNewswire•Aug 20, 2024•Boba
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Boba Network Community Invests in Bitgert Coin – Unraveling the MotivationCryptocurrency•Mar 18, 2024•Boba
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