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BloXroute Labs
Fintech · Evanston, United States · Founded 2017
Blockchain distribution network to help your blockchains scale to thousands of transactions/second on-chain MoreLess
bloXroute is a high-performance network startup that operates in the blockchain and cryptocurrency market. It provides a blockchain distribution network that is faster than any other mempool service available, offering speed advantages for those trading in cryptocurrencies like Ethereum (ETH), Binance Smart Chain (BSC), Polygon, and more. bloXroute's business model is centered around providing a superior service that allows clients to see, understand, and act faster in the crypto market, which can be a significant competitive advantage given the high volatility and speed of this market.
The company serves a range of clients, from individual traders to enterprise-level entities. It offers dedicated support for these high-level traders, ensuring they can maximize their trading performance. bloXroute's services include providing faster prices, private transactions, and faster trade execution for decentralized applications (Dapps). It also offers blockchain scalability solutions, such as reducing forks/uncle rate, increasing block size, and using compression to optimally broadcast blocks and transactions.
bloXroute makes money by charging its clients for the services it provides. This includes access to its high-speed network, which can propagate transactions 50-400 milliseconds faster than other services, and up to 2 seconds faster overall. It also offers a private link to China, which can provide a 50% faster propagation.
In addition, bloXroute offers transaction protection from frontrunning, a practice where someone exploits their ability to execute orders on a financial exchange faster than others to gain an unfair advantage. This service increases the success of Flashbots, which are tools used to prevent frontrunning.
Keywords: Blockchain, High-Speed Network, Cryptocurrency, Trading, Ethereum, Binance Smart Chain, Polygon, Decentralized Applications, Blockchain Scalability, Frontrunning Protection.
Company overview
BloXroute Labs company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- Evanston, United States
- Employees
- 51
- Open positions
- None listed
- Dealroom signal
- 66.0
- Investment activity
- 1 companies · latest Jun 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
BloXroute Labs funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Apr 2022 | $70M | $280M | Lightspeed Venture Partners · SoftBank · Dragonfly Capital Partners · Flow Traders | ↗ |
| EARLY VCOther financing | Jul 2021 | $9M | $36M | Undisclosed | ↗ |
| SERIES BOther financing | May 2019 | $10M | $40M | Pantera Capital · Flybridge Capital Partners · 1confirmation · FBG Capital | — |
| SERIES AOther financing | Jun 2018 | — | — | Continue Capital | — |
| SEEDOther financing | Feb 2018 | $1.6M | $6.4M | Naval Ravikant · Blindspot Ventures · Flybridge Capital Partners · 1confirmation | — |
| SPINOUTOther financing | Mar 2017 | Cornell Tech · Cornell University | — |
Growth signals
BloXroute Labs website traffic
Latest recorded traffic for BloXroute Labs is 12K monthly website visits, up 34.8% over the last three months. BloXroute Labs's team declined 10.5% over the past year.
Comparisons
BloXroute Labs compared with similar companies
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Capital deployed
BloXroute Labs investments and acquisitions
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Talent graph
BloXroute Labs's talent
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Global footprint
Where BloXroute Labs has talent and traffic
team presence
In the news
Latest news about BloXroute Labs
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Market sentiment
What the market is saying about BloXroute Labs
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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