When was Citrea founded?

Citrea was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Citrea located?

Citrea is headquartered in Cayman Islands.

Is Citrea a funded company?

Citrea is a funded company, having raised a total of $16.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 21, 2024.

When was the latest funding round of Citrea?

Citrea's latest funding was a $***** Series A round on Oct 31, 2024, with participation from 4 investors.

Where does Citrea rank among its competitors?

Citrea ranks 15th amongst 114 active competitors, of which 57 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Aleo, which secured $480K in Mar, 2025.

Who are the top competitors of Citrea?

Citrea's top competitors include Aleo, Optimism and Matter Labs. Among them, Aleo secured the most recent funding round in March, 2025.

Citrea - 2026 Company Profile, Funding & Competitors

Citrea is a series A company based in Cayman Islands, founded in 2023. It operates as a Bitcoin-based zero knowledge rollup platform. Citrea has raised $16.7M in funding from Founders Fund and Galaxy Ventures. The company has 114 active competitors, including 57 funded and 4 that have exited. Its top competitors include companies like Aleo, Optimism and Matter Labs.

Company Details

Bitcoin-based zero knowledge rollup platform. It enables users to build various applications on top of the Bitcoin blockchain. It enables businesses to manage execution, employ proofs, manage transactions, and more.

Website: citrea.xyz
Social

Key Metrics

Founded Year

2023

Location

Cayman Islands

Stage

Series A

Total Funding

$16.7M in 2 rounds

Latest Funding Round

Series A, Oct 31, 2024, $*****

Investors

Founders Fund & 10 more

Ranked

15^th among 114 active competitors

Similar Companies

Aleo & 102 more

View Citrea's full profile

Citrea has raised a total funding of $16.7M over 2 rounds. Its first funding round was on Feb 21, 2024. Its latest funding round was a Series A round on Oct 31, 2024 for $*****. 4 investors participated in its latest round. Citrea has 5 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Citrea:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2024	3596315	Series A	5133210	7081326	2613733	5077017
Feb 21, 2024	8122573	Seed	4543735	7410900	Galaxy Ventures	Delphi Ventures & 5 more

Access funding benchmarks and valuations. Sign up today!

View details of Citrea's funding rounds and investors

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Citrea include Aleo, Optimism and Matter Labs. Here is the list of Top 10 competitors of Citrea, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aleo 2019, San Francisco (United States), Series B	Blockchain-based network for developers	$228M	SoftBank Vision Fund, Kora & 19 others	73/100
2nd	Optimism 2019, New York City (United States), Series B	Developer of blockchain software used for scaling decentralized network applications	$175M	Andreessen Horowitz, Paradigm & 16 others	73/100
3rd	Matter Labs 2019, Berlin (Germany), Series C	Finance infrastructure for blockchain privacy with verifiable computation	$458M	Union Square Ventures, DRAGONFLY & 19 others	72/100
4th	Offchain Labs 2018, Princeton (United States), Series B	Developer of solutions for Ethereum smart contracts	$124M	ventures.coinbase.com, Lightspeed Venture Partners ... & 17 others	64/100
5th	Metis 2018, Singapore (Singapore), Seed	Provider of layer two scaling infrastructure for decentralized blockchain networks	$4M	PARSIQ, MV Global & 34 others	63/100
6th	StarkWare 2017, Netanya (Israel), Series D	Blockchain-based platform offers zero-knowledge proof roll-up solutions	$287M	Greenoaks, Paradigmcap & 34 others	63/100
7th	zkSync 2019, Cayman Islands, Funding Raised	Zeroknowledge proof rollup layer 2 platforms	-	Union Square Ventures, DeepTech Ventures & 8 others	62/100
8th	Nexus 2022, San Francisco (United States), Series A	Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications	$27.2M	DRAGONFLY, Lightspeed Venture Partners & 5 others	61/100
9th	Taiko 2022, Shanghai (China), Series A	Developer of a decentralized protocol for scaling the Ethereum network	$37M	Sequoia Capital China, GSR & 19 others	60/100
10th	Arbitrum 2018, Princeton (United States), Seed	Blockchain-enabled application development platform for the fintech industry	-	Delphi Ventures, Compound & 7 others	59/100
15th	Citrea 2023, Cayman Islands, Series A	Bitcoin-based zero knowledge rollup platform	$16.7M	Founders Fund, Delphi Ventures & 9 others	52/100