Dispatch - About the company
Dispatch is an acquired company based in San Francisco (United States), founded in 2017 by Matthew Mcgraw. It operates as a Protocol blockchain based on delegated asynchronous proof of stake consensus mechanism. Dispatch has raised $18M in funding from Fenbushi Capital. The company has 1443 active competitors, including 294 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Solana and Aptos.
Company Details
Dispatch is a protocol blockchain based on delegated asynchronous proof of stake consensus mechanism. Developers can build enterprise dApps on top of the Dispatch blockchain. Supports smart contracts and utilizes the DAPoS algorithm to verify new transactions as they’re sent to the blockchain. It has applications in the transportation industry, music industry, healthcare industry, and more.
- Website
- dispatchlabs.io
- Social
- Email ID
- *****@dispatchlabs.io
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Acquired
Total Funding
$18M in 1 round
Latest Funding Round
Investors
Ranked
120th among 1443 active competitors
Exit Details
Acquired by PerlinX (Jul 26, 2019)
Dispatch's acquisition details
Dispatch got acquired by PerlinX on Jul 26, 2019.
Click here to take a look at Dispatch's acquisition in detail
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Dispatch's funding and investors
Dispatch has raised a total funding of $18M over 1 round. Its latest funding round was a Series A round on Nov 20, 2018 for $*****. 1 investor participated in its latest round. Dispatch has 2 institutional investors.
Here is the list of recent funding rounds of Dispatch:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2018 | 1197589 | Series A | 5553518 | 6590339 | 2831162 | 4282912 |
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Dispatch's founders and board of directors
Founder? Claim ProfileThe founders of Dispatch is Matthew Mcgraw.
Here are the details of Dispatch's key team members:
- Matthew Mcgraw: Founder & CEO of Dispatch and founder of 1 other company.
View details of Dispatch's Founder profiles and Board Members
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Dispatch's Competitors and alternates
Top competitors of Dispatch include Mysten Labs, Solana and Aptos. Here is the list of Top 10 competitors of Dispatch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 81/100 | |
2nd |  Solana 2010, San Francisco (United States), Series C | Developer of enterprise infrastructure for issuing assets and digital payments | $374M | 79/100 | |
3rd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 77/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 76/100 | |
6th |  Ankr 2017, San Francisco (United States), Series C | Provider of blockchain infrastructure node access and decentralized network services | $16M | 73/100 | |
7th | Blockchain-based public network for decentralized applications | - | 70/100 | ||
8th | Chain 2014, San Francisco (United States), Acquired | Blockchain solutions empowering businesses to thrive in the Web3 era | $39.5M | 70/100 | |
9th |  DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 68/100 | |
10th |  Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
120th | Dispatch 2017, San Francisco (United States), Acquired | Protocol blockchain based on delegated asynchronous proof of stake consensus mechanism | $18M | 45/100 |
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Dispatch's Investments and acquisitions
Dispatch has made no investments or acquisitions yet.
Reports related to Dispatch
Here is the latest report on Dispatch's sector:
News related to Dispatch
•
Blockchain Startup Dispatch Labs Acquired By Distributed Ledger Firm PerlinBlock Tribune•Jul 29, 2019•Perlin, Dispatch
•
Fenbushi Digital Invests and Partners With Dispatch’s Data-Centric Blockchain ProtocolBusiness Wire•Nov 20, 2018•Dispatch, Fenbushi Digital
•
Dispatch Labs launches Testnet 2.0, improved developer test network for its new enterprise blockchain protocolGlobeNewswire•Jul 03, 2018•Dispatch
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