Web3Auth

About

Web3Auth makes cryptographic key management easy for users and applications

Singapore,Central Region,Singapore
11 - 50
https://web3auth.io

Highlights

Details

Last Funding Type: Seed
Industries: Apps,Blockchain,Information Technology,Infrastructure,Software
Founded date: Apr 3, 2018
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Torus Labs Private Limited
Also Known As: Torus,Torus Labs

Web3Auth makes cryptographic key management easy for users and applications. By abstracting the management of private keys, they allow users to use familiar authentication methods like Google, Facebook, or Passwordless logins on Web3 applications. Their vision is to empower individuals with self-sovereignty by making key management globally accessible to everyone.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$15M

Web3Auth has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on Jan 12, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 12, 2022	Series A	$13M	17	Sequoia Capital India	—	Detail
Mar 20, 2021	Seed	—	1	—	—	Detail
Aug 28, 2019	Series Unknown	—	1	—	—	Detail
Jul 9, 2019	Seed	$2M	5	Multicoin Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

23

Web3Auth is funded by 23 investors. Sequoia Capital India and FTX are the most recent investors.

Investor Name	Lead Investor	Funding Round
Sequoia Capital India	Yes	Series A
FTX	—	Series A
Multicoin Capital	—	Series A
Kosmos Ventures	—	Series A
DARMA Capital	—	Series A
Decentralab	—	Series A
HashCIB	—	Series A
Kyros Ventures	—	Series A
LD Capital	—	Series A
Minted Lab	—	Series A