Protocol Labs Overview
- Year Founded
-
2014
- Status
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Private
- Employees
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100
- Latest Deal Type
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Later Stage VC
- Investors
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57
Protocol Labs General Information
Description
Operator of an innovation network intended to advance computing and technology development. The company connects diverse technology startups, funds, accelerators, foundations, open source projects, and service providers across multiple fields such as decentralised web, artificial intelligence, augmented and virtual reality, brain-computer interfaces, and hardware, enabling entrepreneurs to solve common problems, share knowledge and resources and accelerate their research and development process for various technological fields.
Contact Information
Website
www.pl.xyzCorporate Office
- 427 North Tatnall Street
- Suite 51207
- Wilmington, DE 19801
- United States
Corporate Office
- 427 North Tatnall Street
- Suite 51207
- Wilmington, DE 19801
- United States
Protocol Labs Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC | 01-Jul-2025 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 01-Jun-2023 | Completed | Generating Revenue | |||
| 9. Secondary Transaction - Private | 29-Jun-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC | Completed | Generating Revenue | ||||
| 7. Secondary Transaction - Private | 01-Jan-2021 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Early Stage VC | 06-Sep-2017 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 23-May-2016 | Completed | Startup | |||
| 3. Early Stage VC | 01-Sep-2014 | $120K | Completed | Startup | ||
| 2. Accelerator/Incubator | 19-Aug-2014 | $120K | $120K | Completed | Startup |
Protocol Labs Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-6 | ||||||||
| Seed-5 | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 321,914 | $0.000100 | $0.03 | $0.47 | $0.47 | 1x | $0.47 | 2.14% |
| Seed-1 | 80,478 | $0.000100 | $0.02 | $0.31 | $0.31 | 1x | $0.31 | 0.53% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Protocol Labs Comparisons
Industry
Financing
Details
Protocol Labs Competitors (15)
One of Protocol Labs’s 15 competitors is Egnyte, a Private Equity-Backed company based in Mountain View, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Egnyte | Private Equity-Backed | Mountain View, CA | ||||
| PatSnap | Venture Capital-Backed | London, United Kingdom | ||||
| Questel | Private Equity-Backed | Paris, France | ||||
| Cosmos | Accelerator/Incubator Backed | San Francisco, CA | ||||
| Pinata | Venture Capital-Backed | New York, NY |
Protocol Labs Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Protocol Labs Patents
Protocol Labs Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11245528-B1 | Protocols for decentralized networks | Active | 16-Sep-2019 | ||
| US-10708071-B1 | Consensus protocols in distributed computing systems | Active | 12-Jul-2018 | ||
| US-10554407-B1 | Protocols for decentralized networks | Active | 12-Jul-2018 | ||
| US-11570001-B1 | Protocols for decentralized networks | Active | 12-Jul-2018 | ||
| US-12294654-B1 | Protocols for decentralized networks | Active | 12-Jul-2018 | H04L9/3218 |
Protocol Labs Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Protocol Labs Investors (57)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| DepinX Capital | Venture Capital | Minority | ||
| Nirvana Capital (Block Chain) | Venture Capital | Minority | ||
| PALCapital Ventures | Venture Capital | Minority | ||
| 1Confirmation | Venture Capital | Minority | ||
| Borderless Capital | Venture Capital | Minority |
Protocol Labs Investments (172)
Protocol Labs’s most recent deal was a Later Stage VC with Lighthouse (Singapore) for . The deal was made on 01-Oct-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Lighthouse (Singapore) | 01-Oct-2026 | Later Stage VC | Business/Productivity Software | ||
| Hemispheric | 15-Jul-2026 | Later Stage VC | Other Healthcare Technology Systems | ||
| Neurosoft Bioelectronics | 20-May-2026 | Later Stage VC | Therapeutic Devices | ||
| Andén | 01-Mar-2026 | Seed Round | IT Consulting and Outsourcing | ||
| Treetino | 07-Feb-2026 | Accelerator/Incubator | Other Energy |
Protocol Labs Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Cherty | San Francisco, CA | 2024 |
Protocol Labs FAQs
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When was Protocol Labs founded?
Protocol Labs was founded in 2014.
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Where is Protocol Labs headquartered?
Protocol Labs is headquartered in Wilmington, DE.
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What is the size of Protocol Labs?
Protocol Labs has 100 total employees.
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What industry is Protocol Labs in?
Protocol Labs’s primary industry is Media and Information Services (B2B).
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Is Protocol Labs a private or public company?
Protocol Labs is a Private company.
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What is Protocol Labs’s current revenue?
The current revenue for Protocol Labs is .
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How much funding has Protocol Labs raised over time?
Protocol Labs has raised $11.7M.
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Who are Protocol Labs’s investors?
DepinX Capital, Nirvana Capital (Block Chain), PALCapital Ventures, 1Confirmation, and Borderless Capital are 5 of 57 investors who have invested in Protocol Labs.
-
Who are Protocol Labs’s competitors?
Egnyte, PatSnap, Questel, Cosmos, and Pinata are some of the 15 competitors of Protocol Labs.
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