StarkWare

Bringing scalability, security, and privacy to a blockchain near you

Netanya, Israel · Founded 2018 · $273.0M raised

Headquarters
Netanya
Employees
201–500
Founded
2018
Business Model
B2B
Total Funding
$273.0M
Last Round
$100.0M Series DMay 2022
Rounds
5

About

StarkWare Industries is an Israeli software company pioneering zero-knowledge proof technology to solve blockchain scalability and privacy challenges. Founded in 2018 by cryptographers Eli Ben-Sasson, Alessandro Chiesa, Michael Riabzev, and Uri Kolodny, the company develops two core products: Starknet, a permissionless decentralized ZK-Rollup enabling any developer to deploy dApps with unlimited scale using smart contracts; and StarkEx, a standalone ZK-Rollup SaaS supporting NFT minting and trading, derivative trading, AMMs, spot trading, payments, and DeFi Pooling. StarkWare's STARK proofs are zero-knowledge, succinct, transparent, and post-quantum secure — requiring no trusted setup. Having raised $250 million in equity plus a $12 million Ethereum Foundation grant, the company reached an $8 billion valuation and has processed over 277 million cumulative transactions. StarkWare developed the Cairo programming language for writing provable programs and open-sourced its Stone and Stwo provers to advance the broader ZK ecosystem.

Summary

StarkWare is a Crypto & Web3 company based in Netanya, Israel, founded in 2018. It has raised $273.0M in total across 5 rounds, most recently a $100.0M Series D round in May 2022. Investors include Sequoia Capital, Paradigm and Greenoaks Capital.

Tech & App Stack

9 technologies & apps tracked

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Funding History

Series DSeries DMay 2022
$100.0M

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Investors

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