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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.
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Email ID
*****@parity.io
Key Metrics
Founded Year
2015
Location
Stage
Funding Raised
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2021
Employee Count
190 as on Jun 30, 2026
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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
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Parity Technologies' founders and board of directors

Founder? Claim Profile
The founders of Parity Technologies are Gavin Wood, Arnold Beirith, TJ Saw and Kenneth Kappler.
Here are the details of Parity Technologies' key team 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:
Employee count trend for Parity Technologies
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Consensys
Consensys
2014, Fort Worth (United States), Series D
Developer of blockchain and web3 software platform
$725M
80/100
2nd
Logo for Alchemy
Alchemy
2013, San Francisco (United States), Series C
Provider of complete blockchain developer platform
$564M
78/100
3rd
Logo for IoTeX
IoTeX
2017, Tortola (United Kingdom), Series A
Developer of blockchain infrastructure for real world artificial intelligence
$50M
77/100
4th
Logo for Digital Asset
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
Logo for Sui Foundation
Sui Foundation
2022, Cayman Islands, Funding Raised
Developer of Layer 1 blockchain and smart contract development platform
-
67/100
6th
Logo for Startale
Startale
2019, Singapore (Singapore), Series A
Developer of blockchain infrastructure and digital asset management software applications
$70M
63/100
7th
Logo for Spydra
Spydra
2021, Austin (United States), Seed
API driven Decentralization-as-a-Service platform
$1.86M
61/100
8th
Logo for Zilliqa
Zilliqa
2017, Singapore (Singapore), Seed
Blockchain-based platform for NFT and Defi application development
-
60/100
9th
Logo for Galxe
Galxe
2021, San Mateo (United States), Series A
Web3 credential data network
$10M
60/100
10th
Logo for Lisk
Lisk
2016, Zug (Switzerland), Funding Raised
Blockchain-based application development platform for entrepreneurs and developers
-
60/100
30th
Logo for Parity Technologies
Parity Technologies
2015, London (United Kingdom), Funding Raised
Solution to interact with Ethereum blockchain
-
49/100
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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

lockFilter this list
•
Raise Announced as Payments Provider for the Polkadot Mobile AppGlobal Fintech Series•Jul 18, 2024•Raise, Parity Technologies
•
Polkadot Developer Parity Tech Cuts 30% of StaffThe Crypto Times•Oct 25, 2023•Parity Technologies
•
Trappist launches cross-chain testing infrastructure on PolkadotCryptoTvplus•Oct 01, 2023•Parity Technologies
•
Nova Wallet’s Integration With Parity SignerSmartliquidity•Feb 12, 2023•NOVA, Parity Technologies
•
Polkadot Co-founder Gavin Wood Offloads CEO TitleBlockworks•Oct 22, 2022•Parity Technologies
•
Parity Technologies, Pastel Network to Enhance Polkadot’s NFT EcosystemCrowdfund Insider•Aug 16, 2022•Parity Technologies, Pastel, Watr
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