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Gridplus
Build hardware wallets with unmatched security, designed for users
About Gridplus
GridPlus, founded in 2017 by Alex Miller, Karl Kreder, and Mark D'Agostino, operates in the cryptocurrency hardware sector, designing and engineering products in Austin, Texas. The company initially branched out from ConsenSys to apply blockchain technology to energy markets, aiming to increase efficiency and savings for consumers. This early work involved creating a two-token model, GRID and BOLT, to facilitate real-time energy payments on the Ethereum blockchain.
The business has since focused on creating hardware and software that enables the mainstream use of digital assets. GridPlus generates revenue through the sale of its hardware products. Its target clients are high-volume cryptocurrency traders and users who manage multiple crypto accounts and prioritize security. The company's core products are the Lattice1 hardware wallet and accompanying SafeCards, which together form an integrated infrastructure stack for the digital currency space. The Lattice1 is a physical device that stores users' private keys offline, providing a defense against online threats. It stands out in the market with features designed for both high security and user accessibility.
The Lattice1 hardware wallet incorporates enterprise-grade security within a user-friendly device. A key security feature is its dual-environment architecture, which separates the internet-connected general computing environment from the secure compute environment where private keys are stored. This secure area is physically isolated and protected by a tamper-detection mesh. The device features a large 5-inch touchscreen, allowing users to clearly verify transaction details and avoid the risks of blind signing. Unlike portable, battery-powered wallets, the Lattice1 is a desktop unit that requires a constant power connection. It supports Bitcoin, Ethereum, and all EVM-compatible chains, and integrates with popular software wallets like MetaMask. A distinguishing feature is the use of SafeCards, which are PIN-protected cards that store a wallet's seed phrase, enabling users to manage an unlimited number of wallets on a single Lattice1 device.
Source: Dealroom company dataAt a glance
- Founded
- 2017
- Headquarters
- Austin, United States
- Sector
- Fintech
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