Gauntlet

About

Gauntlet builds a blockchain simulation and testing platform for financial systems.

Brooklyn,New York,United States
11 - 50
https://gauntlet.network

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $23.80M
Industries: Blockchain,Financial Services,FinTech,Software
Founded date: Jan 1, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Gauntlet Networks, Inc.

Gauntlet builds a blockchain simulation and testing platform for financial systems. The company's blockchain simulation and the testing platform run a series of simulations to test the client's protocol or smart contract and gain intuition on how design choices affect behavior, thereby helping financial institutions by providing transparency and greatly reducing the cost of experimentation so that teams can rapidly design, launch, and scale new decentralized systems.

Gauntlet was founded in 2018 and is headquartered in Brooklyn, New York, United States.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$44.78M

Gauntlet has raised a total of $44.78M in funding over 2 rounds. Their latest funding was raised on Mar 14, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 14, 2022	Series B	$23.80M	3	Ribbit Capital	—	Detail
Jun 4, 2021	Series A	$13.63M	1	Polychain	—	Detail
Sep 16, 2020	Series Unknown	$4.41M	5	Paradigm	—	Detail
Oct 25, 2018	Seed	$2.94M	6	First Round Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

8

Gauntlet is funded by 8 investors. Ribbit Capital and Polychain are the most recent investors.

Investor Name	Lead Investor	Funding Round
Ribbit Capital	Yes	Series B
Polychain	—	Series B
Paradigm	—	Series B
First Round Capital	—	Series Unknown
IA Ventures	—	Series Unknown
Miyuki Matsumoto	—	Series Unknown
Coinbase Ventures	—	Seed
Dragonfly	—	Seed