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Obol

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A research and software development team focused on building more resilient and distributed staking infrastructure on public blockchain networks

Ottawa, United StatesFounded 2021Fintech
Valuation $50–100M Last recorded · 2023
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Obol and the history behind them.

About Obol

Obol.tech is a startup that operates in the blockchain technology space, specifically focusing on Ethereum validation. The company's primary offering is the Obol Network, an open-source and permissionless platform that utilizes Distributed Validator Technology. This technology allows the duties of an Ethereum validator to be performed across multiple nodes, enhancing resilience and reducing the risk of failure associated with traditional single-node validators.

Obol's clients are primarily those involved in the Ethereum blockchain, including developers, investors, and other stakeholders who require reliable and secure validation services. The company's business model revolves around providing these services and collecting fees, which are then reinvested into the network through retroactive public goods funding. This approach aligns with the company's commitment to regenerative circular economics, aiming to solve long-term problems in the blockchain space.

The company's unique selling point is its commitment to trust minimization. By using advanced technology and cryptography, Obol reduces the need to trust any single staking operator, thereby keeping stake decentralized. This is achieved through the use of Charon, Obol's Distributed Validator client, which coordinates the signing process across multiple validators and reconstitutes partial signatures into an aggregate signature.

In summary, Obol.tech is a forward-thinking startup that is leveraging advanced technology to improve the resilience and trustworthiness of Ethereum validation. The company's commitment to open-source solutions, trust minimization, and circular economics positions it well in the rapidly evolving blockchain market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Ottawa, United States
Employees
28
Open positions
None listed
Dealroom signal
63.6/100
Industry
Security, Fintech
Sub-industry
Crypto and DeFi, Cloud & Infrastructure
Sector
Fintech, Hard Tech, DT and LS
Technology
Blockchain, Deep Tech
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Feb 2024
Capital deployed
$28M
Preferred round
SERIES B

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2023 $13M $50M Nascent Ventures · Spartan · Coinbase Ventures · Placeholder ↗
SEED✓Equity / VC Oct 2021 $6.2M $25M Ethereal Ventures · Acrylic · Collin Myers · Joseph Lubin —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Obol website traffic

Latest recorded traffic for Obol is 20K monthly website visits, up 227.9% over the last three months. Obol's team declined 20% over the past year.

Latest monthly visits20K 3-month web change+227.9% 1-year team growth-20%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

Series A6 investors entered at this stage

  • Pantera Capital
  • Archetype
  • Nascent Ventures
  • Spartan
  • Placeholder
  • BlockTower Capital

Other known investors7 additional known investors

  • Advanced Blockchain
  • Ambush Capital
  • Figment Capital
  • ID Theory
  • Maelstrom
  • StableNode
  • The Spartan Group
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
13 countries with
team presence
🇺🇸 United States15%
🇮🇪 Ireland10%
🇨🇦 Canada10%
🇩🇪 Germany10%
🇧🇪 Belgium10%
Top 5 of 13 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Obol 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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