Optimism - About the company
Optimism is a series B company based in New York City (United States), founded in 2019 by Jinglan Wang, Benjamin Jones, Kevin Ho and Karl Floersch. It operates as a Blockchain-based platform for optimistic rollup and executing smart contracts. Optimism has raised $175M in funding from Andreessen Horowitz and Paradigm, with a current valuation of $1.65B. The company has 24 active competitors, including 14 that are funded. Its top competitors include companies like Offchain Labs, Metis and AltLayer.
Sectors and market segments that Optimism operate in
Optimism serves in the High Tech, Blockchain Technology market segments.The primary business model of Optimism are:Company Details
Blockchain-based platform for optimistic rollup and executing smart contracts. It is based on the Ethereum network for executing transactions. It features a series of smart contracts using wallet software for optimizing fraud proofs. Its OP token is used for governance and can be bought or sold on various exchanges.
- Website
- www.optimism.io/
- Social
- Registered Address
- New York City (United States)
Key Metrics
Founded Year
2019
Location
New York City, United States
Stage
Series B
Total Funding
$175M in 2 rounds
Latest Funding Round
Post Money Valuation
$1.65B as on Mar 18, 2022
Investors
Ranked
1st among 24 active competitors
Employee Count
93 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Optimism
Optimism is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPTIMISM PBC CIN: - , Belgium, Active | Dec 31, 2018 | - | - | - |
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Optimism's funding and investors
Optimism has raised a total funding of $175M over 2 rounds. Its first funding round was on Feb 24, 2021. Its latest funding round was a Series B round on Mar 16, 2022 for $150M. 2 investors participated in its latest round. Optimism has 18 institutional investors.
Here is the list of recent funding rounds of Optimism:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2022 | $150M | Series B | $1.65B | - | - | |
Feb 24, 2021 | $25M | Series A | - | - | - |
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Optimism's founders and board of directors
Founder? Claim ProfileThe founders of Optimism are Jinglan Wang, Benjamin Jones, Kevin Ho and Karl Floersch. Jinglan Wang is the CEO of Optimism.
Here are the details of Optimism's key team members:
- Jinglan Wang: Co-Founder & CEO of Optimism. They are also an angel investor in 4 startups.Contact Info: 1 email address
- Benjamin Jones: Co-Founder of Optimism. They are also an angel investor in 1 startup.
- Kevin Ho: Co-Founder of Optimism.
- Karl Floersch: Co-Founder of Optimism. Contact Info: 1 email address
View details of Optimism's Founder profiles and Board Members
Optimism's employee count trend
Optimism has 93 employees as of Mar 26. Here is Optimism's employee count trend over the years:
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Optimism's Competitors and alternates
Top competitors of Optimism include Offchain Labs, Metis and AltLayer. Here is the list of Top 10 competitors of Optimism, ranked by Tracxn score:
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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 | 72/100 | |
2nd | Offchain Labs 2018, Princeton (United States), Series B | Developer of solutions for Ethereum smart contracts | $124M | 65/100 | |
3rd | Blockchain-based application development platform for developers | $4M | 63/100 | ||
4th | Blockchain-based network for hosting web3 applications | $21.6M | 62/100 | ||
5th |  Arbitrum 2018, Princeton (United States), Seed | Blockchain-enabled application development platform for the fintech industry | - | 55/100 | |
6th | Provider of a blockchain platform for decentralized finance (DeFi) by utilizing Layer 2 protocols | $20.3M | 54/100 | ||
7th | 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 | 53/100 | |
8th |  Stacks 2013, New York City (United States), Funding Raised | Open-source blockchain network for Bitcoins | - | 53/100 | |
9th | Blockchain scaling and development solutions | $81.5M | 52/100 | ||
10th |  Base 1996, United States, Funding Raised | Blockchain infrastructure solutions for games and NFTs | - | 48/100 |
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Optimism's Investments and acquisitions
Optimism has not made any acquisitions yet. Optimism has made 5 investments.Here is the list of latest three $investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 10, 2025 | Investments | - | ||
Feb 19, 2025 | Investments | 2023 | Palo Alto (United States) | |
Dec 02, 2024 | Investments | 2021 | Ho Chi Minh City (Vietnam) |
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News related to Optimism
Filter this listMedia has covered Optimism for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Pheasant Network by PG Labs Raises $2M Seed Round to Accelerate AI-Powered Intent for DeFAIBusiness Wire•Dec 10, 2025•Ethereum Foundation, Polygon, Pheasant Network, Optimism and 2 others
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Wormhole Foundation Acquires $5M Worth of W Tokens in Strategic MoveCrypto Economy•Nov 28, 2025•Wormhole, Optimism
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Cryptomesh Secures $2.5 Million in Series A Funding to Transform DeFi StakingBusiness Insider•Oct 11, 2025•Aptos Foundation, Optimism, Etherscan
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Celo Migration To Layer-2 Network Is Done, Bringing In New Era For The BlockchainCoinDesk•Mar 26, 2025•Celo, Optimism
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Paradigm leads KaitoAI’s crypto VC performance rankingsCryptonews•Mar 06, 2025•Paradigm Spine, Dragonfly, Walgreens Boots Alliance, Andreessen Horowitz and 35 others
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AAVE and Optimism Secure Early Entry on FXGuys ($FXG) as Unique PropFi Solution Spurs Massive Predictionbitcoinethereumnews.com•Feb 24, 2025•Aave, Optimism, FXGuys
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Modular Yield Layer Cygnus Completes $20 Million Pre-Seed Funding Round, Manifold and Others ParticipatePANews•Feb 19, 2025•Ujala Cygnus, Manifold Bio, OKX, Mirana Toys and 1 other
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FAQs about Optimism
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