Entropy
ClosedEntropy is a crypto & web3 company in New York, United States, founded in 2021. It has raised $26.9M across 2 rounds, most recently a $25.0M Seed in June 2022.
- 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.
Indexed holds 2 funding rounds and 5 investors for this company. The full record is or through the API.
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
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
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Jun 2022
Sign up to see all 2 events
Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.
Investors
Similar Companies
Mistral co-creates tailored AI systems for enterprises and governments, combining frontier models...
Chinese AI company developing GLM large language models and multimodal agent APIs for enterprises...
AI software engineering company building Devin, an autonomous AI coding agent capable of planning...
Cursor is the best way to code with AI, and built to make you extraordinarily productive.
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/entropy"><img src="https://indexed.vc/api/badge/company/entropy" alt="Entropy on Indexed.vc" width="260" height="76" /></a>