S
Shardeum
A Layer 1 blockchain protocol built to solve blockchain trilemma- security, scalability and decentralization
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| OtherOther financing | Mar 2024 | $0 | — | Blockchain Founders Fund | — |
| EARLY VC✓Equity / VC | Jul 2023 | $5.4M | $91M | CryptoViet Ventures · Tané · Hyperithm · TRGC | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
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.
Seed27 investors entered at this stage
Balaji Srinivasan- RARavi Adusumalli
Mayur Gupta
Jane Street Capital
Harsh Rajat
Digital Finance Group
Nakul Gupta
Mapleblock Capital
JSquare
Yele Bademosi- WEWemade
The Spartan Group
Ghaf Capital Partners
CoinGecko
Vijay Pravin
Foresight Ventures
Cogitent Ventures
Struck Crypto
Veris Ventures
Tupix Capital- RCRohan Chauhan
Pankaj Gupta
Zebpay
Michael Montero
Ajeet Khurana- SGSwaminathan 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
- JCJets Capital
Other known investors14 additional known investors
Blockchain Founders Fund
MH Ventures
Aegis Ventures
BlackDragon
Contango- CVCriterion VC
CSP DAO
Kube VC
Redbeard Ventures- SOSolrDAO
- SCStakez Capital
Unicorn Factory Ventures
Vaibhav Sisinty
Zephyrus Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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