Inference Labs - About the company
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 170 active competitors, including 51 funded and 3 that have exited. Its top competitors include companies like 0G Labs, Gaia and KGeN.
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
Investors
Ranked
41st among 170 active competitors
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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 | 5922254 | Seed | 2302426 | 7514425 | 3275711 | 4892628 |
Apr 15, 2024 | 1208180 | Seed | 2499469 | 7688016 |
View details of Inference Labs's funding rounds and investors
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
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Inference Labs's Competitors and alternates
Top competitors of Inference Labs include 0G Labs, Gaia and KGeN. 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 | 0G Labs 2023, San Francisco (United States), Seed | Provider of modular blockchain infrastructure for decentralized artificial intelligence workloads | $75M | 68/100 | |
2nd | Gaia 2024, Berkeley (United States), Series A | Blockchain-based decentralized computing infrastructure | $20M | 65/100 | |
3rd | Operator of verified distribution protocol for AI gaming and DeFi users | $42.8M | 64/100 | ||
4th | Oort 2021, New York City (United States), Seed | Developer of automated software agents for marketing and data tasks | $6.2M | 61/100 | |
5th | Platform for AI training and development | $7M | 60/100 | ||
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 | ||
41st | Inference Labs 2022, Hamilton (Canada), Seed | Provider of on-chain AI inference verification and agentic native protocols | $6.3M | 35/100 |
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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
•
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