Entropy
ClosedNew York, United States · Founded 2021 · $26.9M raised
- Headquarters
- New York, New York
- Founded
- 2021
- Business Model
- B2B
- Website
- entropy.xyz
- Total Funding
- $26.9M
- Last Round
- $25.0M SeedJun 2022
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Entropy provides threshold signing as a service through a proof-of-stake application chain built with Substrate, where validator nodes hold secret key shares and predefined programs decide whether messages are signed. Its ECDSA threshold signature scheme supports EVM transactions and arbitrary data, creating blockchain-agnostic programmable signing infrastructure. Programs are stored on-chain as mutable WebAssembly, while signing after account registration occurs without submitting a transaction to the Entropy chain. The network's initial use case is decentralized asset custody, with additional uses including intent settlement and attestations.
Summary
Entropy is a Crypto & Web3 company based in New York, United States, founded in 2021. It has raised $26.9M in total across 2 rounds, most recently a $25.0M Seed round in Jun 2022. Investors include Andreessen Horowitz, Coinbase Ventures and Robot Ventures.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Jun 2022
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Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.
Investors
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