When was PILAB founded?

PILAB was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is PILAB located?

PILAB is headquartered in Seoul, South Korea.

Who is the current CEO of PILAB?

Dohyun Pak of PILAB. They have also founded 1 company.

Is PILAB a funded company?

PILAB is a funded company, having raised a total of $11.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

When was the latest funding round of PILAB?

PILAB's latest funding was a $***** Series A round on Feb 17, 2022, with participation from 4 investors. Its primary sector is Cryptocurrencies. In South Korea, the Cryptocurrencies sector has seen $1.52B in funding in 2026 to date.

Where does PILAB rank among its competitors?

PILAB ranks 43rd amongst 399 active competitors, of which 116 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Fasset, which secured $68M in Aug, 2026.

Who are the top competitors of PILAB?

PILAB's top competitors include Fasset, Brahma and Pi Network. Among them, Fasset secured the most recent funding round in August, 2026.

PILAB - 2026 Company Profile, Team, Funding & Competitors

PILAB is a series A company based in Seoul (South Korea), founded in 2018 by Changhyun Yoo, Dohyun Pak and Jong Hyup Lee. It operates as a Developer of Bitcoin financial infrastructure and enterprise payment software solutions. PILAB has raised $11.7M in funding from Korea Investment Holdings and STIC Ventures. The company has 399 active competitors, including 116 funded and 13 that have exited. Its top competitors include companies like Fasset, Brahma and Pi Network.

Company Details

Developer of Bitcoin financial infrastructure and enterprise payment software solutions. This infrastructure provides secure cross-chain communication protocols, Bitcoin relaying mechanisms, and price oracles for financial operations. The technology stack supports multi-chain asset management, lending platforms, and yield generation services for institutional users. These tools facilitate the integration of decentralized assets into enterprise workflows while maintaining compliance with financial standards.

Website: www.pilab.co/
Email ID: *****@pilab.co

Key Metrics

Founded Year

2018

Location

Seoul, South Korea

Stage

Series A

Total Funding

$11.7M in 2 rounds

Latest Funding Round

Series A, Feb 17, 2022, $*****

Investors

Korea Investment Holdings & 4 more

Ranked

43^rd among 399 active competitors

Similar Companies

Fasset & 445 more

View PILAB's full profile

PILAB has raised a total funding of $11.7M over 2 rounds. Its first funding round was on 2019. Its latest funding round was a Series A round on Feb 17, 2022 for $*****. 4 investors participated in its latest round. PILAB has 5 institutional investors.

Here is the list of recent funding rounds of PILAB:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 17, 2022	5702812	Series A	4918936	7201133	6786701	2663933
2019	6431	Seed	9246	4537	Korea Investment Holdings	9787

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View details of PILAB's funding rounds and investors

The founders of PILAB are Changhyun Yoo, Dohyun Pak and Jong Hyup Lee.

Here are the details of PILAB's key team members:

Changhyun Yoo: Co-Founder & COO of PILAB and founder of 1 other company.
Contact Info: 1 email address
Dohyun Pak: Co-Founder & CEO of PILAB and founder of 1 other company.
Jong Hyup Lee: Co-Founder & CTO of PILAB.

View details of PILAB's Founder profiles and Board Members

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Top competitors of PILAB include Fasset, Brahma and Pi Network. Here is the list of Top 10 competitors of PILAB, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fasset 2019, Dubai (United Arab Emirates), Series C	Blockchain-based platform to buy and sell crypto assets and tokens	$150M	SBI Group, Liberty City Ventures & 10 others	73/100
2nd	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	71/100
3rd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	67/100
4th	Bloxroute 2017, Evanston (United States), Acquired	Provider of real-time data and transaction propagation for blockchain networks	$89.6M	SoftBank Vision Fund, Maven 11 & 19 others	67/100
5th	Berachain 2022, George Town (Cayman Islands), Series B	Provider of EVM-compatible blockchain built on Proof-of-Liquidity consensus	$142M	Polychain, Framework Ventures & 27 others	62/100
6th	Coin98 2017, Ho Chi Minh City (Vietnam), Seed	Diversified solution for cryptocurrency	-	Bee Blockchain Venture Capital Fund, YZi Labs ... & 1 others	61/100
7th	Sei 2021, San Francisco (United States), Series B	Online platform offering blockchain infrastructure solutions	$35M	Bixin Ventures, Distributedglobal & 21 others	61/100
8th	Blueprint Finance 2022, San Francisco (United States), Series A	Provider of financial services and wealth management solutions	$17M	Polychain, Tribe Capital & 16 others	61/100
9th	GAIB 2024, Singapore (Singapore), Series A	Blockchain-based platform offering tokenizes enterprise-grade GPUs	$15M	Hack VC, Hashed & 14 others	60/100
10th	Veda Tech 2024, New York City (United States), Series B	Provider of vault infrastructure platform for institutions to manage onchain financial products	$18M	CoinFund, Relayer Capital & 12 others	59/100
43rd	PILAB 2018, Seoul (South Korea), Series A	Developer of Bitcoin financial infrastructure and enterprise payment software solutions	$11.7M	STIC Ventures, Kakao & 3 others	46/100