COMPANY PROFILE

Manta Network

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A decentralized market that protects against activity tracing and preserves user privacy

Boston, United StatesFounded 2020Cybersecurity

Valuation $500M–1B Latest valuation · 2023

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Manta Network

Manta Network is a cutting-edge technology startup that operates in the blockchain and cryptocurrency market. The company's primary offering is Manta Pacific, a scalable and secure platform for Zero-Knowledge (ZK) applications. ZK applications are a type of software that allows users to prove that they know a value, without revealing what that value is, providing a high level of privacy and security.

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Manta Pacific is built on the Ethereum blockchain, a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dapps). The platform is designed to be developer-friendly and app agnostic, meaning it can be used across different chains and in various environments, including mobile apps.

Manta Network's business model is based on providing a high-speed, low-cost infrastructure for building and launching dapps. The company achieves this by leveraging Celestia's modular data availability and a modified OP Stack, which results in lower gas fees (transaction costs on the Ethereum network) and higher scalability.

In addition to its core platform, Manta Network also offers a range of tools and services for developers, including Software Development Kits (SDKs) and proof keys. These tools make it easier for developers to integrate on-chain identity into their applications.

Manta Network also offers a unique feature called Universal Circuits. These are a library of ZK-enabled contracts that developers can use in their existing Solidity smart contracts and dapps. This feature opens up new use cases for ZK technology, including on-chain gaming and seamless on-chain Know Your Customer (KYC) verification.

The company's clients are primarily developers and businesses in the blockchain and cryptocurrency space. However, the applications built on Manta Pacific have the potential to serve a wide range of end users, from DeFi to gaming to social apps.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2020
Headquarters: Boston, United States
Employees: 26
Open positions: None listed
Dealroom signal: 64.4/100
Industry: Security
Sector: Cybersecurity, Polkadot Ecosystem, Hard Tech, DT and LS
Technology: Blockchain, Deep Tech
Business model: SaaS
Client focus: b2b
Investment activity: 3 companies, latest Sep 2024
Capital deployed: $9.5M
Preferred round: SEED
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning Manta Network.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	Sep 2023	$25M	$500M	Polychain Capital · CoinFund · SevenX Ventures · Alliance VC	↗
EARLY VC✓Equity / VC	Feb 2022	$0	—	YZi Labs	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021		—

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Growth signals

Manta Network website traffic

Latest recorded traffic for Manta Network is 39K monthly website visits, up 30% over the last three months. Manta Network's team declined 10.3% over the past year.

Latest monthly visits39K 3-month web change+30% 1-year team growth-10.3%

Monthly website visitsDec 2020–Jul 2026

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Similar companies

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Company	Headquarters	Status	Employees	Total funding	Valuation
INIntegriteeIntegritee is the most scalable public blockchain solution for securely processing sensitive business or personal data	Zurich, Switzerland	Operational	8	$6.5M	$8M
CNCERE NetworkDecentralized data cloud platform that delivers data integration and data collaboration solutions	Berlin, Germany	Operational
DNDeeper NetworkProviding a more secure, private, and fairer internet for everyone	Santa Clara, United States	Operational
GTGear TechnologiesWASM-based smart contract platform for dApp development	Wilmington, United States	Operational
ANAstar NetworkMulti Chain Polkadot DApp Hub	Singapore	Operational
SLSubspace LabsSubspace Labs is building a decentralized cloud database stored on end-user devices	Palo Alto, United States	Operational
SUSubQueryHelping Polkadot/Substrate projects build better dApps by allowing anyone to reliably find and consume data, Helping Polkadot/Substrate projects build better dApps by allowing anyone to reliably find and consume data	Singapore, Singapore	Operational
KNKylin NetworkKylin Data Marketplace is an open platform for data exchange and pricing, Building a cross-chain Platform Powering the Data Economy on Polkadot	Toronto, Canada	Operational