Unspendable Labs - About the company
Unspendable Labs is a seed company based in Dover (United States), founded in 2024 by Adam Krellenstein. It operates as a Developer of Bitcoin wallets. Unspendable Labs has raised $2.17M in funding. The company has 147 active competitors, including 18 funded and 7 that have exited. Its top competitors include companies like Aptos, Tokocrypto and Keplr.
Company Details
Developer of Bitcoin wallets. It also offers a block explorer solution.
- Website
- www.unspendablelabs.com/
Key Metrics
Founded Year
2024
Location
Dover, United States
Stage
Seed
Total Funding
$2.17M in 2 rounds
Latest Funding Round
Ranked
20th among 147 active competitors
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Unspendable Labs's funding and investors
Unspendable Labs has raised a total funding of $2.17M over 2 rounds. Its first funding round was on Jun 28, 2024.
Here is the list of recent funding rounds of Unspendable Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 05, 2025 | 8459287 | Seed | 3679384 | 4278877 | 2155497 | 3708351 |
Jun 28, 2024 | 3034216 | Seed | 5459537 | 4685147 | 3028081 | 4515550 |
View details of Unspendable Labs's funding rounds and investors
Unspendable Labs' founders and board of directors
Founder? Claim ProfileThe founders of Unspendable Labs is Adam Krellenstein. Adam Krellenstein is the CEO of Unspendable Labs.
Here are the details of Unspendable Labs' key team members:
- Adam Krellenstein: CEO of Unspendable Labs. Contact Info: 1 email address and 1 phone number
View details of Unspendable Labs's Founder profiles and Board Members
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Unspendable Labs's Competitors and alternates
Top competitors of Unspendable Labs include Aptos, Tokocrypto and Keplr. Here is the list of Top 10 competitors of Unspendable Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 79/100 | |
2nd | Tokocrypto 2017, Jakarta (Indonesia), Acquired | Wallet solution provider for cryptocurrencies | - | 71/100 | |
3rd | Keplr 2016, United States, Seed | IBC-enabled wallet for the Interchain ecosystem | $5M | 65/100 | |
4th | zkSync 2019, Cayman Islands, Funding Raised | Zeroknowledge proof rollup layer 2 platforms | - | 61/100 | |
5th | Leap Wallet 2021, Vancouver (Canada), Series A | Online platform offering a non-custodial wallet for crypto and NFTs | $3.2M | 61/100 | |
6th | Platform offering a Bitcoin wallet for web3 | $9M | 53/100 | ||
7th | Liquidity 2018, New York City (United States), Series A | Open source platform to build cross-chain wallets | $7M | 51/100 | |
8th | MyCrypto 2017, Redondo Beach (United States), Acquired | Browser-based wallet for crypto transactions | $4M | 45/100 | |
9th | WisdomTree Investments 2021, United States, Unfunded | Crypto-focused browser-based wallet | - | - | 45/100 |
10th | Zeal 2018, London (United Kingdom), Seed | DeFi-based wallet for cryptocurrency earners | $9M | 44/100 | |
20th | Unspendable Labs 2024, Dover (United States), Seed | Developer of Bitcoin wallets | $2.17M | - | 34/100 |
Looking for more details on Unspendable Labs's competitors? Click here to see the top ones
Unspendable Labs's Investments and acquisitions
Unspendable Labs has made no investments or acquisitions yet.
Reports related to Unspendable Labs
Here is the latest report on Unspendable Labs's sector:
News related to Unspendable Labs
Media has covered Unspendable Labs for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Kontor Protocol Brings Permanent File Storage to Bitcoin NFTsGlobeNewswire•Apr 17, 2026•Unspendable Labs
•
Horizon Market Adds Ordinals, Becoming the Only Marketplace AccessibilityGlobeNewswire•Mar 30, 2026•Unspendable Labs, Horizon
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