When was Root Labs founded?

Root Labs was founded in 2014 and raised its 1st funding round 10 years after it was founded.

Where is Root Labs located?

Root Labs is headquartered in San Francisco, United States.

Is Root Labs a funded company?

Root Labs is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 19, 2024.

When was the latest funding round of Root Labs?

Root Labs' latest funding was a $***** ICO round on Mar 13, 2024, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.45B in funding in 2026 to date.

Where does Root Labs rank among its competitors?

Root Labs ranks 4th amongst 43 active competitors, of which 9 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Orochi Network, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Root Labs?

Root Labs' top competitors include Orochi Network, SpaceChain and Cartesi. Among them, Orochi Network secured the most recent funding round in February, 2025.

Root Labs - 2026 Company Profile, Funding & Competitors

Root Labs is a seed company based in San Francisco (United States), founded in 2014. It operates as a Platform building an operating system for web3. Root Labs has raised $10M in funding from Animoca Brands. The company has 43 active competitors, including 9 funded and 1 that has exited. Its top competitors include companies like Orochi Network, SpaceChain and Cartesi.

Company Details

Platform building an operating system for web3. It aggregates digital identity, virtual accounts, and social graphs. It offers a web3 wallet, an account, an EVM-compatible layer2 rollups, an omni protocol, and more.

Website: root.xyz
Social

Key Metrics

Founded Year

2014

Location

San Francisco, United States

Stage

Seed

Total Funding

$10M in 2 rounds

Latest Funding Round

ICO, Mar 13, 2024, $*****

Investors

Animoca Brands & 28 more

Ranked

4^th among 43 active competitors

Similar Companies

Orochi Network & 45 more

View Root Labs' full profile

Root Labs has raised a total funding of $10M over 2 rounds. Its first funding round was on Jan 19, 2024. Root Labs has 27 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Root Labs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2024	2735599	ICO	6847077	6999621	4974862	2566876
Jan 19, 2024	2744513	Seed	4186173	3106727	Animoca Brands	Signum Capital & 13 more

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Top competitors of Root Labs include Orochi Network, SpaceChain and Cartesi. Here is the list of Top 10 competitors of Root Labs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Orochi Network 2021, Singapore, Seed	Provider of verifiable data infrastructure utilizing cryptographic proofs for enterprise	$12M	Smape capital, Ethereum Foundation & 9 others	48/100
2nd	SpaceChain 2017, Singapore (Singapore), Funding Raised	Decentralized satellite network	-	ESA, Hub71 & 1 others	45/100
3rd	Cartesi 2017, Singapore (Singapore), Seed	Application development platform	-	Binance Labs, SNZ & 6 others	43/100
4th	Root Labs 2014, San Francisco (United States), Seed	Platform building an operating system for web3	$10M	CMS Holdings, Double Peak & 27 others	38/100
5th	DappOS 2004, Singapore (Singapore), Series A	Protocol that manages crypto infrastructures for users	$15.3M	Polychain, IDG Capital & 22 others	35/100
6th	Andromeda Protocol 2021, Wilmington (United States), Seed	Blockchain-based platform for application development	$2.08M	Animoca Brands, Figment Capital & 3 others	33/100
7th	Pakt 2021, Los Angeles (United States), Seed	Operating System for blockchain network	$750K	Avalanche, 4WARD.VC & 4 others	32/100
8th	Zero Number Technology 2016, Shanghai (China), Series A	Provider of block chain based operating system	-	newssc.org, fangchengxinyueequityinvestmentfund.vdtrxn ... & 2 others	29/100
9th	Artos Systems 2018, London (United Kingdom), Unfunded	Tech company building an operating system for B2B commerce	-	-	29/100
10th	EyA 2017, London (United Kingdom), Unfunded	Provider of a centralised/decentralised enterprise-grade internet operating system. This system facilitates data storage across entire lifecycles, enabling rapid inter-collaboration. It offers cross-platform interoperability, allowing organisations to share agreed-upon data globally and in real-time. The platform features a templating solution for creating digital twins and integrates with existing software platforms. Built on R3 Corda Enterprise, it prioritises data ownership, asset tracking, and secure transactions through federated authentication services. The system also incorporates relational data within distributed ledger technology, enabling efficient data analytics via a federated machine learning platform. Rapid application development is supported through readily available APIs. The platform ensures data immutability and natural versioning.	-	-	28/100