Sovereign Labs Overview
- Year Founded
-
2022
- Status
-
Acquired/Merged
- Employees
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10
- Latest Deal Type
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M&A
Sovereign Labs General Information
Description
Developer of a blockchain platform designed to improve the user experience and scale up the performance of the blockchain community. The company offers to automatically convert business logic into a cryptographically verifiable form and replace it with a roll-up system to communicate with data availability layers and integrate with cryptographic compilers, enabling users to take advantage of components purpose-built for rollups and advances in proof-generation parallelism and scale without sacrificing end-user verifiability.
Contact Information
Website
www.sovereign.xyz(Operating Subsidiary)
Corporate Office
- 10 Bank Street
- Suite 560
- White Plains, NY 10606
- United States
Corporate Office
- 10 Bank Street
- Suite 560
- White Plains, NY 10606
- United States
Sovereign Labs Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 15-Jul-2026 | Completed | Generating Revenue | |||
| 2. Seed Round | 30-Jan-2023 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Sovereign Labs Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-1 | ||||||||
| Seed |
Sovereign Labs Comparisons
Industry
Financing
Details
Sovereign Labs Competitors (1)
One of Sovereign Labs’s competitors is State (Business/Productivity Software), a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| State (Business/Productivity Software) | Venture Capital-Backed | San Francisco, CA |
Sovereign Labs Signals
Sovereign Labs Former Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 1kx | Venture Capital | Minority | ||
| Ambush Capital | Angel Group | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Sovereign Labs FAQs
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When was Sovereign Labs founded?
Sovereign Labs was founded in 2022.
-
Where is Sovereign Labs headquartered?
Sovereign Labs is headquartered in White Plains, NY.
-
What is the size of Sovereign Labs?
Sovereign Labs has 10 total employees.
-
What industry is Sovereign Labs in?
Sovereign Labs’s primary industry is Software Development Applications.
-
Is Sovereign Labs a private or public company?
Sovereign Labs is a Private company.
-
What is Sovereign Labs’s current revenue?
The current revenue for Sovereign Labs is .
-
How much funding has Sovereign Labs raised over time?
Sovereign Labs has raised $7.4M.
-
Who are Sovereign Labs’s investors?
1kx, Ambush Capital, , , and are 5 of 24 investors who have invested in Sovereign Labs.
-
Who are Sovereign Labs’s competitors?
State (Business/Productivity Software) is a competitor of Sovereign Labs.
-
When was Sovereign Labs acquired?
Sovereign Labs was acquired on 15-Jul-2026.
-
Who acquired Sovereign Labs?
Sovereign Labs was acquired by Celestia.
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