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Shardeum

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A Layer 1 blockchain protocol built to solve blockchain trilemma- security, scalability and decentralization

Zug, SwitzerlandFounded 2022Fintech
Valuation $50–100M Last recorded · 2023
Revenue $10–50M 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 Shardeum and the history behind them.

About Shardeum

Shardeum is a startup operating in the blockchain technology space. It provides a decentralized Layer 1 (L1) blockchain platform based on Ethereum Virtual Machine (EVM), which is a system designed to operate as a runtime environment for smart contracts based on Ethereum. Shardeum's platform is designed to be fast, scalable, and fair, boasting an estimated 100,000 transactions per second (TPS) and a low transaction cost of approximately $0.01.

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The platform is built for a wide range of clients, from individual users to developers and businesses, who are interested in leveraging blockchain technology for various applications. This includes the creation of decentralized applications (Dapps), token and NFT (Non-Fungible Token) transactions, and more.

Shardeum's business model is based on a community-driven approach. It allows its community members, which currently number over 800,000, to run nodes that increase TPS. This means that the more people participate, the faster and more efficient the network becomes.

The startup also employs dynamic state sharding, a method that allows for high-speed parallel processing and low fees. This is achieved by reaching consensus at the transaction level, which essentially means that transactions can be processed simultaneously rather than sequentially.

Furthermore, Shardeum emphasizes security, employing a combined proof-of-stake and proof-of-quorum approach to consensus, as well as an auto rotation mechanism.

In terms of revenue generation, while specific details are not provided, it can be inferred that Shardeum may earn from transaction fees, services provided to developers and businesses, and partnerships with other platforms.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Zug, Switzerland
Employees
59
Open positions
None listed
Dealroom signal
63.7/100
Industry
Security, Fintech
Sub-industry
Crypto and DeFi
Sector
Fintech, Layer1, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Hard Tech, DT and LS, Swiss DT Technical Enterprise Software
Technology
Blockchain, Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
OtherOther financing Mar 2024 $0 — Blockchain Founders Fund —
EARLY VC✓Equity / VC Jul 2023 $5.4M $91M CryptoViet Ventures · Tané · Hyperithm · TRGC ↗
Showing the latest 2 of 5 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 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Shardeum website traffic

Latest recorded traffic for Shardeum is 67K monthly website visits, up 86.1% over the last three months. Shardeum's team declined 9.2% over the past year.

Latest monthly visits67K 3-month web change+86.1% 1-year team growth-9.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

53 investors on the cap table

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

Seed27 investors entered at this stage

  • Balaji Srinivasan
  • Ravi Adusumalli
  • Mayur Gupta
  • Jane Street Capital
  • Harsh Rajat
  • Digital Finance Group
  • Nakul Gupta
  • Mapleblock Capital
  • JSquare
  • Yele Bademosi
  • Wemade
  • The Spartan Group
  • Ghaf Capital Partners
  • CoinGecko
  • Vijay Pravin
  • Foresight Ventures
  • Cogitent Ventures
  • Struck Crypto
  • Veris Ventures
  • Tupix Capital
  • Rohan Chauhan
  • Pankaj Gupta
  • Zebpay
  • Michael Montero
  • Ajeet Khurana
  • Swaminathan Ganesan
  • Big Brain Holdings

Series A11 investors entered at this stage

  • CryptoViet Ventures
  • Tané
  • Hyperithm
  • TRGC
  • J17 Ventures
  • Blockchain Ventures Hub
  • Blue 7
  • Luganodes
  • Amber Group
  • Bware Labs
  • Project Galaxy

Series B and later1 investor entered at this stage

  • Jets Capital

Other known investors14 additional known investors

  • Blockchain Founders Fund
  • MH Ventures
  • Aegis Ventures
  • BlackDragon
  • Contango
  • Criterion VC
  • CSP DAO
  • Kube VC
  • Redbeard Ventures
  • SolrDAO
  • Stakez Capital
  • Unicorn Factory Ventures
  • Vaibhav Sisinty
  • Zephyrus Capital
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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
11 countries with
team presence
🇮🇳 India43.2%
🇳🇬 Nigeria20.4%
🇺🇸 United States13.6%
🇦🇪 United Arab Emirates6.8%
🇲🇾 Malaysia2.3%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

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