Inference Labs - About the company
Inference Labs is a seed company based in Hamilton (Canada), founded in 2023 by Ronald Chan and Colin Gagich. It operates as a Provider of on-chain AI inference verification and agentic native protocols. Inference Labs has raised $6.3M in funding from investors like Digital Asset Capital Management, Mechanism Capital and Delphi Ventures. The company has 199 active competitors, including 50 funded and 3 that have exited. Its top competitors include companies like KGeN, 0G Labs and Gaia.
Company Details
Provider of on-chain AI inference verification and agentic native protocols. The company develops protocols ensuring interoperability, model authenticity, and computational integrity for AI agents. It facilitates verifiable data-backed function calls and cross-chain applications to execute AI workflows with guarantees of atomic operations. The company also enables the deployment of proprietary models without compromises or customer trust assumptions, focusing on ethical advancements in AI, including data security and explainability in AI inference.
Key Metrics
Founded Year
2023
Location
Hamilton, Canada
Stage
Seed
Total Funding
$6.3M in 2 rounds
Latest Funding Round
Investors
Ranked
33rd among 199 active competitors
Employee Count
13 as on Sep 30, 2026
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Inference Labs's funding and investors
Inference Labs has raised a total funding of $6.3M over 2 rounds. Its first funding round was on Apr 15, 2024. Its latest funding round was a Seed round on Jun 26, 2025 for $*****. 20 investors participated in its latest round. Inference Labs has 22 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of Inference Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 26, 2025 | 4098150 | Seed | 7685155 | 1621237 | 5444922 | 8249378 |
Apr 15, 2024 | 8535375 | Seed | 2945055 | 8415402 |
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Inference Labs' founders and board of directors
Founder? Claim ProfileThe founders of Inference Labs are Ronald Chan and Colin Gagich.
Here are the details of Inference Labs' key team members:
- Ronald Chan: Co-Founder of Inference Labs and founder of 1 other company.
- Colin Gagich: Co-Founder of Inference Labs and founder of 1 other company.
View details of Inference Labs's Founder profiles and Board Members
Inference Labs' employee count trend
Inference Labs has 13 employees as of Sep 26. Here is Inference Labs's employee count trend over the years:
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Inference Labs's Competitors and alternates
Top competitors of Inference Labs include KGeN, 0G Labs and Gaia. Here is the list of Top 10 competitors of Inference Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of verified distribution protocol for AI gaming and DeFi users | $42.8M | 72/100 | ||
2nd | 0G Labs 2023, San Francisco (United States), Seed | Provider of modular blockchain infrastructure for decentralized artificial intelligence workloads | $75M | 68/100 | |
3rd | Gaia 2024, Berkeley (United States), Series A | Blockchain-based decentralized computing infrastructure | $20M | 65/100 | |
4th | Platform for AI training and development | $7M | 60/100 | ||
5th |  Raiinmaker 2019, Seattle (United States), Seed | Decentralized AI platform that enables users to contribute to the development of AI models | $12.5M | 56/100 | |
6th | BetterButter 2015, Delhi (India), Acquired | Online social platform to discover popular dishes and recipes | $1.23M | 53/100 | |
7th | OpenGradient 2024, New York City (United States), Seed | Decentralized platform for scaling verifiable AI | $9.5M | 51/100 | |
8th |  Allora Network 2024, New York City (United States), Series A | Network of decentralized AI providing context-aware predictions using machine learning | $35M | 51/100 | |
9th | Developer of relational blockchain platforms and decentralized technology software solutions | $10.1M | 51/100 | ||
10th | Blockchain-based decentralized AI platform | - | 50/100 | ||
33rd |  Inference Labs 2023, Hamilton (Canada), Seed | Provider of on-chain AI inference verification and agentic native protocols | $6.3M | 37/100 |
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Inference Labs's Investments and acquisitions
Inference Labs has made no investments or acquisitions yet.
Reports related to Inference Labs
Here is the latest report on Inference Labs's sector:
News related to Inference Labs
•
Inference Labs Raises $6.3M to Secure AI Agents Through Verifiable Inference ProtocolThe Block•Jun 27, 2025•Arche Capital, Inference Labs, Delphi Ventures, Lvna Capital and 2 others
•
Inference Labs Raises $2.3 Million in Pre-Seed Funding to Revolutionize AI with Proof of Inference starting with Liquid StakingBitcoin Insider•Apr 15, 2024•Inference Labs, Digital Asset Capital Management, Delphi Ventures, Big Brain Holdings and 10 others
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