When was Inference Labs founded?

Inference Labs was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Inference Labs located?

Inference Labs is headquartered in Hamilton, Canada.

Is Inference Labs a funded company?

Inference Labs is a funded company, having raised a total of $6.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 15, 2024.

When was the latest funding round of Inference Labs?

Inference Labs' latest funding was a $***** Seed round on Jun 26, 2025, with participation from 20 investors. Its primary sector is Blockchain Infrastructure. Globally, the Blockchain Infrastructure sector has seen $1.19B in funding in 2026 to date.

Where does Inference Labs rank among its competitors?

Inference Labs ranks 12th amongst 140 active competitors, of which 47 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was OpenGradient, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Inference Labs?

Inference Labs' top competitors include 0G Labs, Gaia and Oort. Among them, OpenGradient secured the most recent funding round in April, 2026.

Inference Labs - 2026 Company Profile, Team, Funding & Competitors

Inference Labs is a seed company based in Hamilton (Canada), founded in 2022 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 140 active competitors, including 47 funded and 1 that has exited. Its top competitors include companies like 0G Labs, Gaia and Oort.

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

2022

Location

Hamilton, Canada

Stage

Seed

Total Funding

$6.3M in 2 rounds

Latest Funding Round

Seed, Jun 26, 2025, $*****

Investors

Digital Asset Capital Management & 28 more

Ranked

12^th among 140 active competitors

Similar Companies

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View Inference Labs' full profile

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	1770513	Seed	9537935	6848117	5177201	8490679
Apr 15, 2024	9130393	Seed	5187929	4083442	Digital Asset Capital Management & 2 more	Big Brain Holdings & 7 more

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View details of Inference Labs's funding rounds and investors

The 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

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Top competitors of Inference Labs include 0G Labs, Gaia and Oort. Here is the list of Top 10 competitors of Inference Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	0G Labs 2023, San Francisco (United States), Seed	AI-based programmable layer for dApps development	$75M	Samsung NEXT, Hack VC & 24 others	68/100
2nd	Gaia 2024, Berkeley (United States), Series A	Blockchain-based decentralized computing infrastructure	$20M	Mirana, Bytetrade Lab & 29 others	66/100
3rd	Oort 2021, New York City (United States), Seed	Provider of decentralized AI data collection, processing, and monetization services	$6.2M	Google, Microsoft & 8 others	63/100
4th	Nodepay 2024, Hong Kong (China), Seed	Platform for AI training and development	$7M	Elevate Ventures, IDG Capital & 7 others	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	Jump Capital, Cypher Capital & 12 others	60/100
6th	GAIB 2024, Singapore (Singapore), Series A	Blockchain-based platform offering tokenizes enterprise-grade GPUs	$15M	Hack VC, Hashed & 13 others	59/100
7th	Spice AI 2021, Bellevue (United States), Seed	Provider of open-source data lakehouse platform for accelerating SQL queries and integrating AI	$14.5M	Blackbird Ventures, Madrona & 14 others	52/100
8th	Allora Network 2024, New York City (United States), Series A	Network of decentralized AI providing context-aware predictions using machine learning	$35M	Slow Ventures, Polychain & 5 others	51/100
9th	OpenGradient 2024, New York City (United States), Seed	Decentralized platform for scaling verifiable AI	$9.5M	a16zcrypto, Coinbase & 17 others	51/100
10th	Bittensor 2019, Toronto (Canada), Funding Raised	Blockchain-based decentralized AI platform	-	Skycatcher, The Hypera	51/100
12th	Inference Labs 2022, Hamilton (Canada), Seed	Provider of on-chain AI inference verification and agentic native protocols	$6.3M	Momentum 6, Newman Capital & 27 others	48/100