When was Offchain Labs founded?

Offchain Labs was founded in 2018 and became a unicorn in 2021, reaching the milestone in 3 years. It raised its 1st funding round 1 year after its incorporation.

Where is Offchain Labs located?

Offchain Labs is headquartered in Princeton, United States. It is registered at Princeton, New Jersey.

How many employees does Offchain Labs have?

As of May 31, 2026, the latest employee count at Offchain Labs is 156.

Is Offchain Labs a funded company?

Offchain Labs is a funded company, having raised a total of $124M across 5 funding rounds to date. The company's 1st funding round was a $3.7M Seed round, raised on Apr 03, 2019.

How much is Offchain Labs worth?

The latest valuation of Offchain Labs is $1.2B as of Aug 01, 2021.

When was the latest funding round of Offchain Labs?

Offchain Labs' latest funding was a Series B round on Aug 23, 2023, with participation from 1 investor.

Is Offchain Labs a Blockchain Infrastructure company?

The primary sector of Offchain Labs is Blockchain Infrastructure.

Where does Offchain Labs rank among its competitors?

Offchain Labs ranks 2nd amongst 24 active competitors, of which 16 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Movement Network, which secured $100M in Jan, 2025.

Who are the top competitors of Offchain Labs?

Offchain Labs' top competitors include Optimism, Metis and Arbitrum. Among them, Movement Network secured the most recent funding round in January, 2025.

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

Offchain Labs is a series B company based in Princeton (United States), founded in 2018 by Harry Kalodner, Steven Goldfeder and Edward Felten. It operates as a Developer of solutions for Ethereum smart contracts. Offchain Labs has raised $124M in funding from investors like Lightspeed Venture Partners, Pantera Capital and Binance, with a current valuation of $1.2B. The company has 24 active competitors, including 16 that are funded. Its top competitors include companies like Optimism, Metis and Arbitrum.

Sectors and market segments that Offchain Labs operate in

Offchain Labs serves in the High Tech, Blockchain Technology market segments.The primary business model of Offchain Labs are:

Company Details

Developer of solutions for Ethereum smart contracts. It offers tools to customize the application layer as per the business model.

Website: www.offchainlabs.com/
Social
Email ID: *****@offchainlabs.com
Phone Number: +1 **********
Registered Address: Princeton, New Jersey

Key Metrics

Founded Year

2018

Location

Princeton, United States

Stage

Series B

Total Funding

$124M in 5 rounds

Latest Funding Round

Series B, Aug 23, 2023, Undisclosed

Post Money Valuation

$1.2B as on Aug 01, 2021

Investors

Lightspeed Venture Partners & 18 more

Ranked

2^nd among 24 active competitors

Employee Count

156 as on May 31, 2026

Investment & Acquisitions

Space Computer & 11 more

Similar Companies

Optimism & 16 more

View Offchain Labs' full profile

Offchain Labs is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OFFCHAIN LABS, INC. CIN: 831911258 , United States, Active	Dec 31, 2017	-	10 (As on Dec 31, 2021)	-

Offchain Labs has raised a total funding of $124M over 5 rounds. Its first funding round was on Apr 03, 2019. Its latest funding round was a Series B round on Aug 23, 2023 for an undisclosed amount. 1 investor participated in its latest round. Offchain Labs has 16 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Offchain Labs:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 23, 2023	Undisclosed	Series B	-	-	Binance	-
Aug 31, 2021	$100M	Series B	-	-	Lightspeed Venture Partners	Polychain, Ribbit Capital, Redpoint Ventures, Pantera Capital, Mark Cuban, Alameda Research
Apr 2021	$20M	Series A	$1.2B	-	-	-

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View details of Offchain Labs's funding rounds and investors

The founders of Offchain Labs are Harry Kalodner, Steven Goldfeder and Edward Felten.

Here are the details of Offchain Labs' key team members:

Harry Kalodner: Co-Founder of Offchain Labs.
Contact Info: 2 email addresses
Steven Goldfeder: Co-Founder of Offchain Labs and founder of 1 other company.
Contact Info: 1 email address
Edward Felten: Co-Founder of Offchain Labs.
Contact Info: 1 email address

View details of Offchain Labs's Founder profiles and Board Members

Offchain Labs' employee count trend

Offchain Labs has 156 employees as of May 26. Here is Offchain Labs's employee count trend over the years:

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Top competitors of Offchain Labs include Optimism, Metis and Arbitrum. Here is the list of Top 10 competitors of Offchain Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Optimism 2019, New York City (United States), Series B	Blockchain-based platform for optimistic rollup and executing smart contracts	$175M	Andreessen Horowitz, Paradigm & 16 others	72/100
2nd	Offchain Labs 2018, Princeton (United States), Series B	Developer of solutions for Ethereum smart contracts	$124M	Compound, Ribbit Capital & 17 others	65/100
3rd	Metis 2018, Singapore (Singapore), Seed	Blockchain-based application development platform for developers	$4M	PARSIQ, MV Global & 34 others	63/100
4th	Arbitrum 2018, Princeton (United States), Seed	Blockchain-enabled application development platform for the fintech industry	-	Delphi Ventures, Compound & 7 others	60/100
5th	AltLayer 2021, Singapore (Singapore), Series A	Blockchain-based network for hosting web3 applications	$21.6M	Polychain, Breyerlabs & 21 others	58/100
6th	Movement Network 2023, British Virgin Islands, Series B	Developer of modular move-based blockchains	$141M	dao5, Borderless Capital & 31 others	56/100
7th	Morph 2023, Singapore (Singapore), Seed	Provider of a blockchain platform for decentralized finance (DeFi) by utilizing Layer 2 protocols	$20.3M	DRAGONFLY, Pantera Capital & 8 others	54/100
8th	Rome 2024, Solana Beach (United States), Series A	Blockchain platform that modularizes Solana into a set of services so L2s can be decentralized as Solana	$9M	Hack VC, Bankless Ventures & 11 others	54/100
9th	Fuel Labs 2019, Toronto (Canada), Series A	Blockchain scaling and development solutions	$81.5M	CoinFund, Stratos Technologies & 16 others	52/100
10th	TEN 2014, Winchester (United Kingdom), Series A	Developer of a layer two network for encrypted Ethereum transactions	$9M	R3, Outlier Ventures & 5 others	48/100

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Offchain Labs has made 10 investments in companies including Space Computer and Digift. Offchain Labs has also acquired 2 companies including ZeroDev and Prysmatic Labs.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 27, 2025	Investments	Space Computer	2020	Los Altos (United States)
Aug 21, 2025	Investments	Digift	2020	Singapore (Singapore)
Aug 13, 2025	Acquisition	ZeroDev	2022	New York City (United States)