Utopia Labs
AcquiredSan Francisco, United States · Founded 2021 · $24.5M raised
- Headquarters
- San Francisco
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- utopialabs.com
- Total Funding
- $24.5M
- Last Round
- $23.0M Series AMay 2022
- Rounds
- 2
- Acquired by
- CoinbaseNov 2024
About
Utopia Labs built the operational backbone for DAOs — a platform consolidating treasury management, payment requests, contributor payroll, and financial reporting into a single dashboard. Founded in January 2021 by four college-age builders, the company raised capital including a $23 million Series A led by Paradigm before pivoting to stablecoin-based payments infrastructure. Coinbase acquired the Utopia Labs team in November 2024 to accelerate its onchain payments roadmap within Coinbase Wallet.
Summary
Utopia Labs is a Crypto & Web3 company based in San Francisco, United States, founded in 2021. It has raised $24.5M in total across 2 rounds, most recently a $23.0M Series A round in May 2022. Investors include Coinbase Ventures, Paradigm and Kindred Ventures.
Funding History
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Nov 2024
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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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