Renzo - About the company
Renzo is a series A company based in New York City (United States), founded in 2023 by Lucas Kozinski. It operates as a Blockchain-based restaking protocol. Renzo has raised $20.2M in funding from investors like Galaxy, Brevan Howard and OKX, with a current valuation of $*****. The company has 538 active competitors, including 109 funded and 19 that have exited. Its top competitors include companies like ether.fi, Figment and CyberConnect.
Company Details
Blockchain-based restaking protocol. It offers a liquid restaking token and strategy manager for EigenLayer. It serves as the interface to the EigenLayer ecosystem, providing validated services and managing Ethereum staking.
- Website
- www.renzoprotocol.com/
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$20.2M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 15, 2024
Ranked
46th among 538 active competitors
Employee Count
11 as on Sep 30, 2026
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Renzo's funding and investors
Renzo has raised a total funding of $20.2M over 2 rounds. Its first funding round was on Jan 15, 2024. Its latest funding round was a Series A round on Jun 18, 2024 for $*****. 13 investors participated in its latest round. Renzo has 24 institutional investors.
Here is the list of recent funding rounds of Renzo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 18, 2024 | 2910528 | Series A | 9907983 | 8559641 | 9442554 | 9459246 |
Jan 15, 2024 | 9610625 | Seed | 9145287 | 1287912 |
View details of Renzo's funding rounds and investors
Renzo's founders and board of directors
Founder? Claim ProfileThe founders of Renzo is Lucas Kozinski.
Here are the details of Renzo's key team members:
- Lucas Kozinski: Co-Founder of Renzo. They are also an angel investor in 1 startup.
View details of Renzo's Founder profiles and Board Members
Renzo's employee count trend
Renzo has 11 employees as of Sep 26. Here is Renzo's employee count trend over the years:
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Renzo's Competitors and alternates
Top competitors of Renzo include ether.fi, Figment and CyberConnect. Here is the list of Top 10 competitors of Renzo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ether.fi 2022, George Town (Cayman Islands), Series A | Liquid staking protocol | $32.3M | 71/100 | |
2nd | Online platform for the staking solution | $165M | 65/100 | ||
3rd | CyberConnect 2021, Palo Alto (United States), Series A | Web3 social network platform | $25M | 64/100 | |
4th | BTCS 2013, Public | Provider of blockchain infrastructure node operations and digital asset staking | $1.88M | 62/100 | |
5th | Tokens.com 2020, Toronto (Canada), Public | Blockchain-based technology focused on transaction processing and validation services for various digital assets | $25M | - | 60/100 |
6th | Platform offering a generalized shared security system for decentralized networks | $34.8M | 60/100 | ||
7th | Puffer Finance 2022, United States, Series A | Anti-slashing liquid staking protocol | $24.2M | 60/100 | |
8th | Cipher Mining 2017, New York City (United States), Public | Mining infrastructure for cryptocurrencies and Bitcoin | - | 59/100 | |
9th | Pendle 2020, Remote (United States), Series A | Provider of blockchain-enabled financial protocol for trading tokens | $3.5M | 58/100 | |
10th | EigenLayer 2021, Seattle (United States), Series B | Provider of verifiable cloud computing platform | $241M | 57/100 | |
46th | Renzo 2023, New York City (United States), Series A | Blockchain-based restaking protocol | $20.2M | 42/100 |
Looking for more details on Renzo's competitors? Click here to see the top ones
Renzo's Investments and acquisitions
Renzo has made no investments or acquisitions yet.
Reports related to Renzo
Here is the latest report on Renzo's sector:
News related to Renzo
•
OKX Wallet Announces Integration with Renzo Protocol for Enhanced Liquid Staking ExperiencePR Newswire•Jul 30, 2024•OKX, Renzo
•
Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And OthersCryptos Newss•Jul 22, 2024•Zircuit, Binance Labs, Mirana, Amber Group and 17 others
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Liquid Restaking Protocol Renzo Raises $17 Million to Expand ServicesBitcoin Ethereum News•Jun 19, 2024•Renzo, Galaxy, Maven 11, Figment Capital and 9 others
•
Liquid restaking provider Renzo bags $150m volume following airdropBitcoin Ethereum News•May 01, 2024•Renzo
•
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Liquid Restaking Protocol Renzo Airdrops Rez Token, Debuts At $289m Market CapCoinDesk•Apr 30, 2024•Renzo, Renzo
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Renzo Protocol Integrates with Chainlink Price Feeds to Streamline Ethereum Liquid Restaking on EigenLayerCoinspeaker•Mar 21, 2024•Renzo, Chainlink
•
Metis Is Integrating Chainlink Ccip As Its Canonical Token Bridge Infrastructure And Official Cross-chain SolutionPR Newswire•Mar 01, 2024•Metis, Chainlink, Chainlink Labs, EigenLayer and 2 others
•
Binance Announces Investing in Ethereum-Based Protocol!Cryptonews•Feb 23, 2024•Binance, Renzo, BabylonChain
•
Binance Invests in Renzo to Advance EigenLayer’s Liquid RestakingBitcoin Ethereum News•Feb 23, 2024•Binance, Renzo
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