R
Radix
Radix is a high-throughput protocol for building decentralized applications, tokens and coins
About Radix
Radix DLT is a technology startup that operates in the digital asset and blockchain space. It offers a unique platform that simplifies the interaction with tokens and decentralized applications (dApps) for both users and developers. Its primary product is the Radix Wallet, which provides a user-friendly experience for managing digital assets. The wallet eliminates the need for complex seed phrases and blind signing, making it easier for everyday people to use digital assets confidently.
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In addition to the wallet, Radix DLT also offers Scrypto and the Radix Engine, tools designed to streamline the development of dApps. Scrypto is a programming language that simplifies asset and permission management, while the Radix Engine is a digital asset engine that provides a secure environment for dApp development. These tools are designed to prevent costly DeFi hacks and make the development process faster and more intuitive.
Radix DLT's business model is centered around providing these tools and services to developers and users in the Web3 and DeFi space. It makes money by charging for the use of its platform and tools, as well as through programmable developer royalties.
The startup operates in the rapidly growing market of decentralized finance (DeFi) and Web3 applications. Its clients include developers looking to build secure and user-friendly dApps, as well as users seeking a more straightforward way to manage their digital assets.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- London, United Kingdom
- Employees
- 33
- Open positions
- None listed
- Dealroom signal
- 62.3/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Crypto and DeFi
- Sector
- Fintech, Defi, Layer1, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Hard Tech, DT and LS, uk is8 financial services
- Technology
- Blockchain, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Jul 2024
- Capital deployed
- $4.5M
- Preferred round
- EARLY VC
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Mar 2023 | $10M | $400M | DWF Labs | ↗ |
| EARLY VC✓Equity / VC | Oct 2020 | $13M | $51M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Radix is 25K monthly website visits, down 26.5% over the last three months. Radix's team declined 17.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Seed2 investors entered at this stage
LocalGlobe
Maven 11 Capital
Series A2 investors entered at this stage
Taavet Hinrikus
DWF Labs
Other known investors2 additional known investors
Extrawatts
Maxim Pertl
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Radix 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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