U
Ultrain
Blockchain technology company focused on providing decentralized solutions
About Ultrain
Ultrain Technology Limited was a blockchain company founded in 2017 by a team of former Alibaba, Google, and Qihoo 360 executives, including CEO Ray Guo, Emma Liao, and Ning Li. Guo, the former technical director of Alibaba's Security Group, brought his experience in cloud computing and data security to the venture.
The company aimed to create a high-performance public blockchain for commercial use. Its main offering was a decentralized blockchain platform that provided cloud services and an operating system. This platform was designed to serve various industries, including financial services, healthcare, logistics, and retail, by offering a trusted and efficient computational environment.
Ultrain's business model was based on providing its blockchain-as-a-service (BaaS) platform to businesses, enabling them to build and deploy their own applications on the Ultrain blockchain. The company's technology featured a consensus mechanism that combined delegated proof-of-stake (DPoS) with a verifiable random function (VRF) to enhance performance and security.
Despite its ambitious goals and experienced team, Ultrain is now considered a deadpooled company.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Hangzhou, China
- Employees
- 23
- Open positions
- None listed
- Dealroom signal
- 58.2/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Payments
- Sector
- Fintech, Hard Tech
- Technology
- Blockchain
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest Jan 2019
- Capital deployed
- $10M
- Preferred round
- SEED
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2018 | $20M | $80M | BlueRun Ventures · Ceyuan Ventures · DHVC (Danhua Capital) · Sky9 Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Ultrain is 80 monthly website visits, down 50% over the last three months. Ultrain's team grew 0% 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.
Series A7 investors entered at this stage
Arrington Capital
FBG Capital
Draper Dragon
BlueRun Ventures
Ceyuan Ventures
DHVC (Danhua Capital)
Sky9 Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ultrain 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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