Paribus - About the company
Paribus is a seed company based in United States, founded in 2021. It operates as a Blockchain-based platform for the issuance of synthetic assets. Paribus has raised an undisclosed amount in funding from cFund. The company has 545 active competitors, including 136 funded and 11 that have exited. Its top competitors include companies like Figment, Synthetix and ether.fi.
Company Details
Blockchain-based platform for the issuance of synthetic assets. Its features smart contract insurance policies, crypto-collectibles, NFC collateral-based loans, NFT staking, and more. It also provides tools for lending & borrowing synthetic assets, Paribus’s native governance token for allowing holders to create and vote on proposals relating to protocol guidance.
- Website
- paribus.io
- Registered Address
- Rīga, Melnsila iela 24 - 52
Key Metrics
Founded Year
2021
Location
Stage
Seed
Latest Funding Round
Ranked
115th among 545 active competitors
Employee Count
12 as on May 31, 2026
Legal entities associated with Paribus
Paribus is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Paribus CIN: 50203386741 , Latvia, Active | Mar 14, 2022 | €0 - €1M (As on Dec 31, 2022) | 1 (As on Dec 31, 2022) | - |
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Paribus's funding and investors
Paribus has raised funding over 2 rounds. Its first funding round was on Aug 27, 2021. Its latest funding round was a Seed round on Oct 04, 2021 for $*****. 1 investor participated in its latest round. Paribus has 2 institutional investors.
Here is the list of recent funding rounds of Paribus:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 04, 2021 | 8417077 | Seed | 9400438 | 3427595 | 7166242 | 7850775 |
Aug 27, 2021 | 4271499 | ICO | 5319458 | 6210329 | 5203897 | 2179541 |
View details of Paribus's funding rounds and investors
Paribus' founders and board of directors
Founder? Claim ProfileParibus' employee count trend
Paribus has 12 employees as of May 26. Here is Paribus's employee count trend over the years:
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Paribus's Competitors and alternates
Top competitors of Paribus include Figment, Synthetix and ether.fi. Here is the list of Top 10 competitors of Paribus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform for the staking solution | $165M | 69/100 | ||
2nd | Operator of a platform for perpetual futures trading on Ethereum | $240M | 67/100 | ||
3rd | ether.fi 2022, George Town (Cayman Islands), Series A | Liquid staking protocol | $32.3M | 66/100 | |
4th | CyberConnect 2021, Palo Alto (United States), Series A | Web3 social network platform | $25M | 62/100 | |
5th | EigenLayer 2021, Seattle (United States), Series B | Provider of verifiable cloud computing platform | $241M | 62/100 | |
6th | Puffer Finance 2022, United States, Series A | Anti-slashing liquid staking protocol | $24.1M | 60/100 | |
7th | Tokens.com 2020, Toronto (Canada), Public | Blockchain-based technology focused on transaction processing and validation services for various digital assets | $25M | - | 60/100 |
8th | Platform offering a generalized shared security system for decentralized networks | $34.8M | 59/100 | ||
9th | Solv Finance 2021, Beijing (China), Series B | Blockchain-based network for financial institutions | $26M | 57/100 | |
10th | Parallel Finance 2021, Finland, Series A | Decentralized protocol focused on money markets | $29M | 55/100 | |
115th | Paribus 2021, United States, Seed | Blockchain-based platform for the issuance of synthetic assets | - | 33/100 |
Looking for more details on Paribus's competitors? Click here to see the top ones
Paribus's Investments and acquisitions
Paribus has made no investments or acquisitions yet.
Reports related to Paribus
Here is the latest report on Paribus's geography:
News related to Paribus
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Paribus (PBX) Announces Multichain Integration and PartnershipACN Newswire•Aug 25, 2022•Paribus, Multichain, Multichain
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Paribus Launches Interoperable DeFi Protocol for Exotic Digital AssetsUserwalls•Jun 16, 2022•Paribus
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Paribus Launches DeFi Platform to Enable Users to Borrow Against Digital AssetsNewswire•Mar 14, 2022•Paribus
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