Succinct is a developer of a zero-knowledge proof of consensus blockchain for Ethereum. With a mission to read the Ethereum state securely on any chain, Succinct aims to use SP1 and open-source zkVM so that developers can write Rust and improve productivity and performance. Succinct was founded by Uma Roy in 2022 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/21/2024 | Series A | $44MM | $xx.xx | $289.11MM | Paradigm, Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Sreeram Kannan, Sandeep Nailwal, Daniel Lubarov, Elad Gil | |
Price per Share
$xx.xx
Shares Outstanding
1,434,382
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Paradigm, Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Sreeram Kannan, Sandeep Nailwal, Daniel Lubarov, Elad Gil
|
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11/15/2022 | Series Seed | $12MM | $xx.xx | $60MM | Paradigm, Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Sreeram Kannan, Sandeep Nailwal, Daniel Lubarov, Elad Gil | |
Price per Share
$xx.xx
Shares Outstanding
1,655,098
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Paradigm, Robot Ventures, Bankless Ventures, Geometry, ZK Validator, Sreeram Kannan, Sandeep Nailwal, Daniel Lubarov, Elad Gil
|