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COMPANY PROFILE

SIMBA Chain

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BaaS, Blockchain as a Service

South Bend, United StatesFounded 2017Fintech
Valuation $100–250M Last recorded · 2021
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SIMBA Chain and the history behind them.

About SIMBA Chain

Emerging from an academic setting at the University of Notre Dame in 2017, SIMBA Chain originated from a project that secured a grant from the Defense Advanced Research Projects Agency (DARPA). The company was co-founded by Joel Neidig, a seasoned professional in advanced manufacturing and technology, Ian Taylor, a research professor with deep expertise in distributed computing, and Phil Ko, a senior software engineer. Their collective experience laid the groundwork for a venture aimed at simplifying blockchain implementation for large organizations.

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SIMBA Chain operates as a Blockchain-as-a-Service (BaaS) provider, targeting enterprise and government sectors. The firm’s business model centers on offering a low-code platform that enables organizations to build and deploy decentralized applications (dApps) without requiring extensive in-house blockchain expertise. Revenue is generated through licensing of its platform and providing professional services to its clients, which include entities in the defense, aerospace, and supply chain industries. SIMBA Chain focuses on making blockchain technology accessible, secure, and auditable for mission-critical operations.

The core offering is the SIMBA Blocks platform, a suite of tools designed to abstract away the complexities of blockchain development. It allows users to auto-generate REST APIs that connect to various blockchain protocols, facilitating the integration of decentralized ledgers with existing enterprise systems. Key features include the ability to manage digital assets, execute smart contracts, and ensure data integrity across complex supply chains. The platform supports multiple blockchain networks, providing flexibility for clients to choose the appropriate infrastructure for their specific use case. A significant value proposition is the platform's ability to ensure secure and verifiable data exchange through decentralized identifiers (DIDs) and verifiable credentials (VCs), creating a tamper-proof record of transactions and interactions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
South Bend, United States
Employees
61
Open positions
None listed
Dealroom signal
67.5/100
Industry
Fintech
Sub-industry
Crypto and DeFi, Financial Management Solutions
Sector
Fintech, Security, Decentralised Applications, Crypto and Web3, Hard Tech
Technology
Blockchain
Client focus
b2b
Investment activity
1 company, latest Feb 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

1 token-sale event is listed separately and excluded from the company funding total.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Feb 2023 $30M — US Air Force ↗
SERIES AOther financing Aug 2021 $25M $100M Lightspeed Venture Partners · Elevate Ventures · Stanford Law School · Valley Capital Partners —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

SIMBA Chain website traffic

Latest recorded traffic for SIMBA Chain is 4.6K monthly website visits, up 21.1% over the last three months. SIMBA Chain's team declined 4.7% over the past year.

Latest monthly visits4.6K 3-month web change+21.1% 1-year team growth-4.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

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OmiseGOOmiseGO enables financial inclusion and interoperability through the public, decentralized OMG network Bangkok, Thailand Operational 5 $25M $100M
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Oasis LabsA privacy-first cloud computing platform on blockchain technology San Francisco, United States Operational
Applied BlockchainBuilds business applications using advanced cryptography to provide superior data security and data privacy London, United Kingdom Operational
PolygonThe first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development George Town, Cayman Islands Operational
MultiversXMultiversX is a complete rethinking of public blockchain infrastructure, specifically designed to be secure, efficient, scalable and interoperable Saint Julian's, Malta Operational
ZilliqaZilliqa is the world's first high-throughput public blockchain platform designed to scale to thousands of transactions per second Singapore, Singapore Operational
NeoAn open-source, community-driven platform that leverages blockchain and digital identities to digitize and automate asset management through smart contracts Yangpu District, China Operational
Showing 8 of the closest matchesCompare every metric →

Investors

8 investors on the cap table

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

Seed4 investors entered at this stage

Series A4 investors entered at this stage

Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
5 countries with
team presence
🇺🇸 United States67.6%
🇬🇧 United Kingdom18.9%
🇨🇦 Canada8.1%
🇹🇿 Tanzania2.7%
🇿🇦 South Africa2.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SIMBA Chain 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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