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BloXroute Labs
Blockchain distribution network to help your blockchains scale to thousands of transactions/second on-chain
About BloXroute Labs
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Evanston, United States
- Employees
- 51
- Open positions
- None listed
- Dealroom signal
- 66.0/100
- Industry
- Fintech
- Sub-industry
- Crypto and DeFi, Financial Management Solutions
- Sector
- Fintech, Trading, Developer Tools, Spinout, Defi, Crypto and Web 3.0 Infrastructure, Crypto and Web3, DT and LS
- Technology
- Blockchain, Deep Tech
- Client focus
- b2b
- Investment activity
- 1 company, latest Jun 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Naval Ravikant
Blindspot Ventures
Flybridge Capital Partners
1confirmation
MetaStable Capital
Zk Capital
Series A14 investors entered at this stage
Continue Capital
Pantera Capital
FBG Capital
Coinbase Ventures
Maven 11 Capital
Lightspeed Venture Partners
SoftBank
Dragonfly Capital Partners
Flow Traders
GSR Ventures
RockawayX
Jane Street CapitalParaFi Capital
SoftBank Vision Fund
Other known investors2 additional known investors
Cornell Tech
Cornell University
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about BloXroute Labs on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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