Parity Technologies - About the company
Parity Technologies is a funded company based in London (United Kingdom), founded in 2015 by Gavin Wood, Arnold Beirith, TJ Saw and Kenneth Kappler. It operates as a Solution to interact with Ethereum blockchain. Parity Technologies has raised an undisclosed amount in funding. The company has 526 active competitors, including 119 funded and 11 that have exited. Its top competitors include companies like Consensys, Alchemy and IoTeX.
Company Details
Parity provides software to interact with major blockchain networks. Built independently of the main Blockchains, it allows developers to launch their own milti-sig wallets. In November 2017, an accidental (claimed) hack resulted in deletion of the code library, thereby freezing Eth worth $150M+ at the time.
- Website
- www.parity.io/
- Email ID
- *****@parity.io
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
30th among 526 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2021
Employee Count
190 as on Jun 30, 2026
Legal entities associated with Parity Technologies
Parity Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PARITY TECHNOLOGIES LIMITED CIN: 09760015 , United Kingdom, Active | Sep 02, 2015 | £10M - £50M (As on Dec 31, 2021) | - |
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Parity Technologies's funding and investors
Parity Technologies has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 08, 2019 for $*****. 1 investor participated in its latest round. Parity Technologies has 4 institutional investors.
Here is the list of recent funding rounds of Parity Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 08, 2019 | 7564042 | Grant (prize money) | 7323634 | 7037701 | 8397206 | 3567812 |
View details of Parity Technologies's funding rounds and investors
Parity Technologies' founders and board of directors
Founder? Claim ProfileHere are the details of Parity Technologies' key team members:
- Gavin Wood: Co-Founder of Parity Technologies and founder of 4 other companies, including Polkaswap, Parity Technologies and Polkadot. They are also an angel investor in 5 startups.
- Arnold Beirith: Assistant to Founder & CTO of Parity Technologies.
- TJ Saw: Former Co-Founder of Parity Technologies.
- Kenneth Kappler: Former Co-Founder & CEO of Parity Technologies.
View details of Parity Technologies's Founder profiles and Board Members
Parity Technologies' employee count trend
Parity Technologies has 190 employees as of Jun 26. Here is Parity Technologies's employee count trend over the years:
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Parity Technologies's Competitors and alternates
Top competitors of Parity Technologies include Consensys, Alchemy and IoTeX. Here is the list of Top 10 competitors of Parity Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 80/100 | |
2nd | Alchemy 2013, San Francisco (United States), Series C | Provider of complete blockchain developer platform | $564M | 78/100 | |
3rd | IoTeX 2017, Tortola (United Kingdom), Series A | Developer of blockchain infrastructure for real world artificial intelligence | $50M | 77/100 | |
4th | Digital Asset 2014, New York City (United States), Series F | Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets | $817M | 72/100 | |
5th | Sui Foundation 2022, Cayman Islands, Funding Raised | Developer of Layer 1 blockchain and smart contract development platform | - | 67/100 | |
6th | Developer of blockchain infrastructure and digital asset management software applications | $70M | 63/100 | ||
7th | Spydra 2021, Austin (United States), Seed | API driven Decentralization-as-a-Service platform | $1.86M | 61/100 | |
8th | Blockchain-based platform for NFT and Defi application development | - | 60/100 | ||
9th | Galxe 2021, San Mateo (United States), Series A | Web3 credential data network | $10M | 60/100 | |
10th | Lisk 2016, Zug (Switzerland), Funding Raised | Blockchain-based application development platform for entrepreneurs and developers | - | 60/100 | |
30th | Parity Technologies 2015, London (United Kingdom), Funding Raised | Solution to interact with Ethereum blockchain | - | 49/100 |
Looking for more details on Parity Technologies's competitors? Click here to see the top ones
Parity Technologies's Investments and acquisitions
Parity Technologies has made no investments or acquisitions yet.
Reports related to Parity Technologies
Here is the latest report on Parity Technologies's sector:
News related to Parity Technologies
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Raise Announced as Payments Provider for the Polkadot Mobile AppGlobal Fintech Series•Jul 18, 2024•Raise, Parity Technologies
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Trappist launches cross-chain testing infrastructure on PolkadotCryptoTvplus•Oct 01, 2023•Parity Technologies
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Zodia Custody Looks to Drive Institutional Access to Polkadot EcosystemCoinDesk•Sep 13, 2023•Zodia Custody, Parity Technologies, Polkadot
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Parity Technologies, Pastel Network to Enhance Polkadot’s NFT EcosystemCrowdfund Insider•Aug 16, 2022•Parity Technologies, Pastel, Watr
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Polkadot Builder Parity Technologies Adds 3 Execs to Leadership TeamCoinDesk•Jul 04, 2022•Parity Technologies, FIFTHDELTA
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Parity Technologies and MediLedger Network Announce Partnership to Deliver Blockchain-Powered Solutions to the Life Sciences IndustryPR Newswire•Jan 21, 2022•Chronicled, Parity Technologies
•
Parity Technologies Hires Zilliqa Co-Founder and CTO Yaoqi Jia as Polkadot’s Launch NearsAiThority•Nov 29, 2019•Parity Technologies, Zilliqa
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