About Midpoint Labs
Midpoint Labs connects blockchain technology with off-chain APIs, allowing smart contracts to access internet data and services. Targeting enterprise clients in sectors like finance and healthcare, the company focuses on high reliability and scalability, offering enterprise-grade Service Level Agreements (SLAs). Revenue is generated through fees for API access and setting up oracles that provide real-world data for smart contracts. The goal is to enhance blockchain applications by enabling seamless interaction with the wider internet.
San Francisco, CaliforniaHeadquarters
2022Year Founded
$2.9MTotal Funding
SEEDCompany Stage
Enterprise Software, Fintech, Crypto & Web3Industries
1-10Employees
Risks
Rapid blockchain advancements could render Midpoint Labs' solutions obsolete without innovation.
Emerging startups offering similar services may dilute Midpoint Labs' market share.
Security vulnerabilities in smart contract interactions pose reputational and financial risks.
Differentiation
Midpoint Labs bridges blockchain and internet with unique API integration services.
They enable smart contracts to access off-chain data, enhancing blockchain functionality.
Focus on enterprise clients ensures high reliability and scalability in service offerings.
Upsides
Rising cross-chain interoperability demand aligns with Midpoint Labs' API integration focus.
Blockchain adoption in supply chain boosts demand for secure data exchange solutions.
Healthcare's interest in blockchain opens new markets for Midpoint Labs' API services.
Funding
Total raised$2.92 M
Latest valuation$15.00 M
StageSEED
$3
$15.00 M