COMPANY PROFILE

WhiteMatrix

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Cloud-based multichain integrated development environment and solutions

ChinaFounded 2018Other B2B Software

Valuation $0–100M Latest valuation · 2021

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About WhiteMatrix

Nanjing WhiteMatrix Technology Co., Ltd. is a technology company focused on blockchain research and development. Founded in 2018 by Wu Xiao, who serves as CEO, WhiteMatrix aims to lower the barrier to entry for blockchain development. Wu, an alumnus of the University of Alberta with a background in computer science, was an early independent developer for Ethereum in China and recognized the need to simplify the process after the CryptoKitties boom in 2017 highlighted the high costs and technical hurdles in the space.

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The company's core product is ChainIDE, a cloud-based, multi-chain Integrated Development Environment (IDE) that supports development across numerous blockchains, including Ethereum, Polygon, and BNB Chain. ChainIDE is designed to help developers create decentralized applications (dApps) and smart contracts, providing tools for one-click development, debugging, and deployment. The platform has served developers in over 185 countries, compiling millions of smart contracts. WhiteMatrix also offers a suite of other solutions, including Blockchain as a Service (BaaS), middleware services (WMM) for over 20 blockchain environments, data migration tools, and infrastructure services like multi-chain APIs. For enterprise clients, the firm provides end-to-end services from consulting to application development.

In addition to its developer tools, WhiteMatrix is involved in education and gaming. The company has partnered with universities like Beijing Normal University to launch ChainCastle, an interactive platform for teaching blockchain concepts through gaming. WhiteMatrix has received strategic investment from Ant Group and has raised a total of $16.3M, including a Series A round in May 2021.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2018
Headquarters: China
Employees: 10
Open positions: None listed
Dealroom signal: 69.3/100
Industry: Enterprise Software
Sector: Other B2B Software, Hard Tech, DT and LS
Technology: Blockchain, Deep Tech
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	May 2021	$14M	$55M	Ant Group \| Alipay · Efang Keda · Nanjing Jiangbei New Area Sci-Tech Investment Group	—

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Growth signals

WhiteMatrix website traffic

Latest recorded traffic for WhiteMatrix is 1.8K monthly website visits, up 91.5% over the last three months. WhiteMatrix's team declined 9.1% over the past year.

Latest monthly visits1.8K 3-month web change+91.5% 1-year team growth-9.1%

Monthly website visitsOct 2022–Jul 2026

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