When was Web3Auth founded?

Web3Auth was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Web3Auth located?

Web3Auth is headquartered in Singapore, Singapore. It is registered at PAYA LEBAR ROAD, Singapore, 409051.

Which legal entities is Web3Auth associated with?

Web3Auth is associated with TORUS LABS PRIVATE LIMITED.

How many employees does Web3Auth have?

As of Sep 30, 2026, the latest employee count at Web3Auth is 8.

Is Web3Auth a funded company?

Web3Auth is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 09, 2019.

When was the latest funding round of Web3Auth?

Web3Auth's latest funding was a $***** Series A round on Jan 12, 2022, with participation from 18 investors. Its primary sector is Cybersecurity. In Singapore, the Cybersecurity sector has seen $10M in funding in 2026 to date.

Where does Web3Auth rank among its competitors?

Web3Auth ranks 14th amongst 116 active competitors, of which 23 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Privasea, which secured an undisclosed amount in Dec, 2024.

Who are the top competitors of Web3Auth?

Web3Auth's top competitors include Ping Identity, Trust Wallet and TREZOR. Among them, Privasea secured the most recent funding round in December, 2024.

Web3Auth - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Cloud-based infrastructure for decentralized applications and wallets. Offers solutions for non-custodial multi-factor authentication. It provides simple and secure access to digital assets and identity across multiple platforms and applications.

Website: web3auth.io
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Registered Address: PAYA LEBAR ROAD, Singapore, 409051

Key Metrics

Founded Year

2018

Location

Singapore, Singapore

Stage

Acquired

Total Funding

$15M in 2 rounds

Latest Funding Round

Series A, Jan 12, 2022, $*****

Investors

Peak XV Partners & 25 more

Ranked

14^th among 116 active competitors

Employee Count

8 as on Sep 30, 2026

Similar Companies

Ping Identity & 140 more

Exit Details

Acquired by Consensys (Jun 02, 2025)

View Web3Auth's full profile

Web3Auth is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TORUS LABS PRIVATE LIMITED UEN: 201832986W , Singapore, Active	Sep 26, 2018	-	-

Web3Auth got acquired by Consensys on Jun 02, 2025.

Click here to take a look at Web3Auth's acquisition in detail

Web3Auth has raised a total funding of $15M over 2 rounds. Its first funding round was on Jul 09, 2019. Its latest funding round was a Series A round on Jan 12, 2022 for $*****. 18 investors participated in its latest round. Web3Auth has 24 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Web3Auth:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 12, 2022	6974868	Series A	4838427	4573784	4071468	2359253
Jul 09, 2019	8169548	Seed	4865821	4116283	Multicoin Capital	Horizon Investments & 4 more

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View details of Web3Auth's funding rounds and investors

The founders of Web3Auth are Yong Yu and Zen Zhen Yu Yong.

Here are the details of Web3Auth's key team members:

Yong Yu: Co-Founder of Web3Auth and founder of 1 other company. They serve on the board of 1 company.
Zen Zhen Yu Yong: Former Co-Founder of Web3Auth.

Web3Auth's Board of Directors

Web3Auth's board has 3 active members. Yong Yu is part of team and Ong Jun Hao and Leonard Tan are independent board members.

Here is the list of Web3Auth's board of directors:

Name	Type	Representing	Status	Duration
Yong Yu	Team	-	Current	8y 0m
Ong Jun Hao	Independent board member	-	Current	8y 0m
azxfwew	Independent board member	-	Current	7y 1m

View details of Web3Auth's Founder profiles and Board Members

Web3Auth's employee count trend

Web3Auth has 8 employees as of Sep 26. Here is Web3Auth's employee count trend over the years:

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Top competitors of Web3Auth include Ping Identity, Trust Wallet and TREZOR. Here is the list of Top 10 competitors of Web3Auth, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ping Identity 2002, Denver (United States), Acquired	Provider of identity security solutions for digital enterprises and organizations	$136M	DFJ Growth, Triangle Peak Partners & 25 others	80/100
2nd	Trust Wallet 2005, San Francisco (United States), Acquired	App-based wallet to send, receive and store digital assets	-	3n Capital, 8 Decimal Capital & 2 others	70/100
3rd	TREZOR 2013, Prague (Czech Republic), Funding Raised	A Bitcoin Hardware Wallet	-	Europa	61/100
4th	Leap Wallet 2021, Vancouver (Canada), Series A	Online platform offering a non-custodial wallet for crypto and NFTs	$3.2M	Pantera Capital, CoinFund & 4 others	57/100
5th	Argent 2017, London (United Kingdom), Series B	Mobile wallet for cryptocurrency and NFTs	$56M	Creandum, Paradigm & 25 others	56/100
6th	Procivis 2016, Zurich (Switzerland), Acquired	Developer of technology for digital identity, credentials, and wallets	$300K	Orell Fussli, Fyrfly Venture Partners	56/100
7th	Civic Technologies 2016, Palo Alto (United States), Seed	AI and blockchain based decentralized identity and attribute verification solutions	$2.75M	Social Leverage, Sound Ventures & 29 others	53/100
8th	Para 2022, San Francisco (United States), Seed	Provider of wallet infrastructure and authentication suite for crypto applications	-	Andreessen Horowitz, Spice Capital & 6 others	51/100
9th	Braavos 2022, Tel Aviv (Israel), Seed	App-based self-custodial wallet for crypto and NFTs	$10M	Pantera Capital, Matrixport & 6 others	51/100
10th	Privasea Gothenburg (Sweden), Series A	Developer of a proof-of-human technology using biometric data encryption	$15M	Binance Labs, GSR & 12 others	50/100
14th	Web3Auth 2018, Singapore (Singapore), Acquired	Cloud-based infrastructure for decentralized applications and wallets	$15M	Union Square Ventures, Accomplice & 24 others	47/100