Top DAO Developer Tools startups
There are 40 DAO Developer Tools startups which include Syndicate, Immunefi, Aragon, Quantstamp, API3. Out of these, 27 startups are funded, with 5 having secured Series A+ funding. United States has the most number of companies in DAO Developer Tools (19), followed by Switzerland
(3), and then Cayman Islands (2).
Over the past 10 years, an average of 3 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Carnegie Mellon University and Cornell University.
Here is the list of top DAO Developer Tools Startups
1. Syndicate
Developer of web3 infrastructure for appchains, transaction management, and on-chain organizations. The company provides tools that let developers launch scalable, atomically composable appchains with control over network, sequencer, and economic design. Its Transaction Cloud, APIs, and modular smart contracts abstract blockchain complexity, handling transaction broadcasting, scheduling, and lifecycle management through simple REST interfaces. The platform originated with the Syndicate Protocol for web3 investment clubs, which enables groups to form on-chain investing organizations that pool capital, manage ownership, and automate payouts using DAO-style governance.
Key facts about Syndicate
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $28M
- Investors: Andreessen Horowitz, OpenSea and 50 Others
- Latest Funding Round: Series A, May 03, 2022, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 1 of 15 Competitors
2. Immunefi
Online freelancer marketplace for blockchain experts. The platform has a network of hackers who explore bugs on Defi platforms and earn bounties. Provides bug bounty hosting, consultation, bug triaging, and program management services to blockchain and smart contract projects.
Key facts about Immunefi
- Founded Year: 2020
- Location: Switzerland
- Stage: Series A
- Total Funding till date: $29.5M
- Investors: Electric Capital, Framework Ventures and 14 Others
- Latest Funding Round: Series A, Sep 22, 2022, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 11 of 330 Competitors
3. Aragon
Offers a DAO development product. The solution offers features such as token transfer, voting, fund-raising, payments, accounting, permissions, governance, etc. It also offers AragonOS architecture.
Key facts about Aragon
- Founded Year: 2017
- Location: Zug (Switzerland)
- Stage: Funding Raised
- Investors: Cypher Capital, The Whites Holding and 6 Others
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 2 of 73 Competitors
4. Quantstamp
Smart contract security solutions and services. It provides an automated security tool named Quantstamp protocol. The company conducts manual smart contract audits. Also offers blockchain consulting services. Users can use QSP tokens to scan the smart contracts with off-chain computation from scan nodes.
Key facts about Quantstamp
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Seed
- Total Funding till date: $1.43M
- Investors: Nomura, Y Combinator and 34 Others
- Latest Funding Round: Seed, Mar 05, 2019, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 4 of 176 Competitors
5. API3
Provider of decentralized oracle services and OEV rewards for DeFi. It offers data feeds across multiple chains. The company facilitates opportunities for DeFi projects to receive OEV rewards. It provides resources such as documentation and articles.
Key facts about API3
- Founded Year: 2020
- Location: George Town (Cayman Islands)
- Stage: Seed
- Total Funding till date: $3M
- Investors: Placeholder, Rarestone Capital and 16 Others
- Latest Funding Round: ICO, Dec 03, 2020, $*****
- Tracxn Score: 45/100 What is this?
- Competitors Rank: 45 of 760 Competitors
