About Risc Zero
RISC Zero provides tools for Web3 developers to create zero knowledge proofs (ZK proofs) easily. Their main product, the zkVM, acts like a real embedded RISC V microprocessor, allowing programmers to write ZK proofs in a familiar coding environment. Additionally, their Bonsai decentralized proving engine helps developers integrate ZK proofs into their applications and blockchains without hassle. RISC Zero stands out from competitors by offering specialized cryptographic tools that enhance the security and functionality of decentralized applications. The company's goal is to empower developers in the blockchain space by providing advanced tools that improve security and privacy in their applications.
Seattle, WashingtonHeadquarters
2021Year Founded
$52.5MTotal Funding
SERIES_ACompany Stage
Cybersecurity, Crypto & Web3Industries
11-50Employees
Risks
Competition from StarkWare and Matter Labs may impact market share.
Rapid ZKP evolution requires constant updates, straining resources.
Ethereum's ZK transition delays could hinder broader adoption.
Differentiation
RISC Zero offers a unique zkVM, mimicking a RISC V microprocessor for ZK proofs.
Their Bonsai proving engine integrates ZK proofs into applications seamlessly.
Zeth, a Type 0 zkEVM, enhances Ethereum compatibility and scalability.
Upsides
Growing demand for ZKPs boosts RISC Zero's zkVM and Bonsai engine.
$40 million Series A funding supports further development and expansion.
Open-source Zeth project aligns with blockchain's transparency and collaboration trends.
Funding
Total raised$52.53 M
Latest valuation$200.00 M
StageSERIES_A