PureStake

About

PureStake provides blockchain technology including infrastructure, APIs, and other developer tools. Currently building Moonbeam on Polkadot.

Burlington,Massachusetts,United States
1 - 10
https://www.purestake.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $6M
Industries: Blockchain,Cryptocurrency
Founded date: Jan 1, 2019
Number Of Employee: 1 - 10
Operating Status: Active

PureStake provides infrastructure as a service, API as a service, and validator services for proof of stake networks. We believe in the power of blockchain technology to radically change and disrupt the traditional status quo in finance by allowing open protocols to govern the movement of value. We also believe in next-gen networks employing proof of stake-based consensus mechanisms as the path forward to solve existing blockchain scalability challenges.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$7.40M

PureStake has raised a total of $7.40M in funding over 2 rounds. Their latest funding was raised on Apr 8, 2021 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 8, 2021	Seed	—	1	—	—	Detail
Mar 30, 2021	Series A	$6M	16	CoinFund	—	Detail
Sep 23, 2020	Seed	$1.40M	7	Hypersphere Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

20

PureStake is funded by 20 investors. CoinFund and GBV Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
CoinFund	Yes	Series A
GBV Capital	—	Seed
Hashkey	—	Series A
Coinbase Ventures	—	Series A
A195 Capital	—	Series A
Arrington XRP Capital	—	Series A
Binance Labs	—	Series A
CryptoDiscover	—	Series A
D1 Ventures	—	Series A
Divergence Ventures	—	Series A