Light Protocol - About the company
Light Protocol is an acquired company based in United Arab Emirates, founded in 2019. It operates as a Blockchain-based platform for application development. Light Protocol has raised $4.2M in funding from Polychain and dlab. The company has 11 active competitors, including 1 that has exited. Its top competitors include companies like Iron Fish, Vexl and Offshift.
Company Details
Blockchain-based platform for application development. It offers an app for transferring SOL tokens to liquidity pools and withdraw them with a different address. It also offers an SDK for developers to add SOL transactions to their Solana dApps.
- Website
- lightprotocol.com
Key Metrics
Founded Year
2019
Location
Stage
Acquired
Total Funding
$4.2M in 2 rounds
Latest Funding Round
Ranked
1st among 11 active competitors
Exit Details
Acquired by Helius (Jun 10, 2026)
Light Protocol's acquisition details
Light Protocol got acquired by Helius on Jun 10, 2026.
Click here to take a look at Light Protocol's acquisition in detail
Sign up to download Light Protocol's company profile
Light Protocol's funding and investors
Light Protocol has raised a total funding of $4.2M over 2 rounds. Its latest funding round was a Seed round on Oct 17, 2022 for $*****. 9 investors participated in its latest round. Light Protocol has 8 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Light Protocol:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2022 | 8381026 | Seed | 2078052 | 5103077 | 6744561 | 6409435 |
View details of Light Protocol's funding rounds and investors
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Light Protocol's Competitors and alternates
Top competitors of Light Protocol include Iron Fish, Vexl and Offshift. Here is the list of Top 10 competitors of Light Protocol, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Light Protocol 2019, United Arab Emirates, Acquired | Blockchain-based platform for application development | $4.2M | 53/100 | |
2nd | Iron Fish 2020, San Francisco (United States), Acqui-Hired | Developer of a zero-knowledge layer-1 blockchain providing optional privacy to assets | $57.3M | 36/100 | |
3rd | Vexl 2021, Czech Republic, Unfunded | Developer of mobile software facilitating private peer to peer transactions | - | - | 20/100 |
4th | Offshift Unfunded | Provider of privacy protocols for anonymous asset transactions on Ethereum | - | - | 16/100 |
5th | Developer of middleware providing privacy features for decentralized finance protocols | - | - | 16/100 | |
6th | ![]() Umbra Privacy 2025, Unfunded | Developer of privacy software for shielding digital financial asset transactions | - | - | 16/100 |
7th | Clawgnito Unfunded | Provider of autonomous agent infrastructure for private digital currency payments | - | - | 16/100 |
8th | Fedimint Unfunded | Developer of open source software for federated digital cash transactions | - | - | 16/100 |
9th | Veil Pay 2025, Unfunded | Developer of private payment software for blockchain and digital assets | - | - | 16/100 |
10th | ![]() Tornado Cash Unfunded | Provider of decentralized protocols for private cryptocurrency asset transaction processing | - | - | 16/100 |
Looking for more details on Light Protocol's competitors? Click here to see the top ones
Light Protocol's Investments and acquisitions
Light Protocol has made no investments or acquisitions yet.
Reports related to Light Protocol
Here is the latest report on Light Protocol's sector:
News related to Light Protocol
Media has covered Light Protocol for a total of 2 events in the last 1 year.
•
Solana infrastructure firm Helius acquires Light Protocol to expand onchain privacyThe Block•Jun 11, 2026•Helius, Light Protocol, Helius
•
Light Protocol And Helius Labs Unveil ‘Zk Compression’ To Enhance Solana’s EfficiencyCoinspeaker•Jun 24, 2024•Light Protocol, Helius
Are you a Founder ?
FAQs about Light Protocol
Explore our recently published companies
- Nic Beddoe Insurance - Truckee based, Unfunded company
- Jerry Tench Insurance - San Francisco based, Unfunded company
- Cesar Carrillo Insurance - Island Lake based, Unfunded company
- Clinton Raines - Atlanta based, Unfunded company
- Brian Himmelman State Farm - Conifer based, Unfunded company
- Curt Sumpter State Farm - Silver Spring based, Unfunded company

