Top Smart Contract Development startups
There are 175 Smart Contract Development startups which include AVA, Ethereum, Avalanche, Lightning Labs, Arbitrum. Out of these, 97 startups are funded, with 18 having secured Series A+ funding. United States has the most number of companies in Smart Contract Development (41), followed by Singapore
(20), and then China (16).
Over the past 10 years, an average of 15 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, University of Cambridge and Massachusetts Institute of Technology.
Here is the list of top Smart Contract Development Startups
1. AVA
Blockchain platform for smart contracts and custom subnets. It enables businesses to build and scale high-performance, cost-effective, expertly managed custom blockchains. It provides tools for swapping, trading, bridging, and transacting. The platform also offers educational resources about blockchain and Web3.
Key facts about AVA
- Founded Year: 2018
- Location: Brooklyn (United States)
- Stage: Series B
- Total Funding till date: $368M
- Investors: Andreessen Horowitz, DFG and 22 Others
- Latest Funding Round: Series B, Apr 18, 2022, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 11 of 4,616 Competitors
2. Ethereum
Blockchain-based public network for decentralized applications. It is a blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. It enables developers to build and deploy decentralized applications.
Key facts about Ethereum
- Founded Year: 2013
- Location: Toronto (Canada)
- Stage: Series B
- Investors: DJ Yakisoba Capital Partners, KR1 and 110 Others
- Latest Funding Round: Series B, Oct 21, 2021, $*****
- Tracxn Score: 70/100 What is this?
- Competitors Rank: 7 of 2,148 Competitors
3. Avalanche
Provider of smart contracts platform for decentralized application development. It provides users with an open and programmable smart contracts platform for decentralized applications. Its services include launching Ethereum dApps, laughing customized blockchain, and more.
Key facts about Avalanche
- Founded Year: 2018
- Location: Tortola (United Kingdom)
- Stage: Funding Raised
- Investors: GAINS Associates, Kernel Ventures and 44 Others
- Tracxn Score: 68/100 What is this?
- Competitors Rank: 9 of 2,001 Competitors
Blockchain-based sidechain network. It provides superior reliability, interoperability, and security for global-scale financial applications. It enables users to transfer Bitcoin and Litecoin without settling those transactions on the blockchain.
Key facts about Lightning Labs
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $82.5M
- Investors: Valor Equity Partners, Craft Ventures and 29 Others
- Latest Funding Round: Series B, Apr 05, 2022, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 4 of 105 Competitors
5. Arbitrum
Blockchain-enabled application development platform for the fintech industry. It is a decentralized public network that allows startups or enterprises to build applications. It provides application development for payments, banking, fraud mitigation, and more.
Key facts about Arbitrum
- Founded Year: 2018
- Location: Princeton (United States)
- Stage: Seed
- Investors: Delphi Ventures, The Hypera and 7 Others
- Latest Funding Round: Seed, Oct 08, 2021, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 4 of 59 Competitors
