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Boba - About the company

Boba is a series A company based in Palo Alto (United States), founded in 2021. 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 18 that are funded. Its top competitors include companies like Blockstream, Orbs and Gnosis.

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.
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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
Investors
Ranked
Employee Count
12 as on Jun 30, 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:
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Boba's founders and board of directors

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Boba's employee count trend

Boba has 12 employees as of Jun 26. Here is Boba's employee count trend over the years:
Employee count trend for Boba
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Boba's Competitors and alternates

Top competitors of Boba include Blockstream, Orbs and Gnosis. Here is the list of Top 10 competitors of Boba, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Blockstream
Blockstream
2014, Montreal (Canada), Series C
Developer of blockchain-based platform building crypto-financial infrastructure
$651M
77/100
2nd
Logo for Orbs
Orbs
2017, Tel Aviv (Israel), Series A
Infrastructure as a service via virtual chains
$15.4M
65/100
3rd
Logo for Gnosis
Gnosis
2015, Gibraltar (Gibraltar), Seed
Crypto-based financial service provider
$500K
64/100
4th
Logo for Lightning Labs
Lightning Labs
2016, San Francisco (United States), Series B
Blockchain-based sidechain network
$82.5M
60/100
5th
Logo for Horizen
Horizen
2017, Delaware City (United States), Funding Raised
Provides cryptocurrency and sidechain platform
-
56/100
6th
Logo for Horizen Labs
Horizen Labs
2018, Austin (United States), Seed
Blockchain-based infrastructure for sidechain application
$11M
45/100
7th
Logo for Ark
Ark
2016, Besancon (France), Funding Raised
Cross-blockchain communication based on Lisk-fork
-
44/100
8th
Logo for Bitfinity Network
Bitfinity Network
2021, London (United Kingdom), Series A
EVM infrastructure for the internet computer
$7M
44/100
9th
Logo for OST
OST
2017, Hong Kong (China), Funding Raised
Solution for developing blockchain-based platform on sidechains
-
43/100
10th
Logo for Boba
Boba
2021, Palo Alto (United States), Series A
Decentralized network platform for Ethereum
$45M
41/100
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Boba's Investments and acquisitions

Boba has a total of 1 investment in OpenPad. Boba has not made any acquisitions as of now.

Reports related to Boba

Here is the latest report on Boba's sector:

News related to Boba

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Supra Oracles and Boba Network IntegrationSmartliquidityNov 24, 2023Supra, Boba
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