About Aptos Labs
Aptos Labs develops products and applications on the Aptos blockchain, aiming to improve the web3 user experience by making decentralized technologies easier to use. Their offerings include the Aptos Name Service, which simplifies blockchain addresses, the Petra Wallet for managing cryptocurrencies, the Aptos Explorer for tracking transactions, and Identity Connect for enhanced security and identity verification. Aptos Labs generates revenue through transaction fees, subscription models, and partnerships with companies like Google Cloud and Mastercard. What sets Aptos Labs apart is its team of technical experts focused on practical applications of blockchain technology, striving to make web3 accessible and beneficial for a wide audience.
Palo Alto, CaliforniaHeadquarters
2021Year Founded
$340.5MTotal Funding
SERIES_ACompany Stage
Cybersecurity, Crypto & Web3Industries
201-500Employees
Benefits
Health insurance coverage
Equipment of your choice
Unlimited vacation time
Competitive salary
Equity (i.e. RSUs)
Protocol token grants
Risks
Leadership transition to Avery Ching may lead to strategic shifts or instability.
Increased competition from Uniswap could impact Aptos Labs' market share.
Overextension in partnerships and investments may strain Aptos Labs' resources.
Differentiation
Aptos Labs focuses on scalable Layer 1 blockchain for future-proof app development.
The company offers user-friendly tools like Petra Wallet and Aptos Name Service.
Partnerships with Google Cloud and Mastercard enhance Aptos Labs' market reach.
Upsides
Growing demand for Layer 1 blockchains boosts Aptos Labs' market potential.
Partnerships with major firms expand Aptos Labs' product offerings and reach.
Rising importance of identity verification tools aligns with Aptos Labs' offerings.
Funding
Total raised$340.45 M
Latest valuation$2.00 B
StageSERIES_A