About Utopia Labs
Utopia provides a platform for managing cryptocurrency transactions, offering features such as recurring payments, token swaps, and automated bookkeeping. The product utilizes technologies to centralize on-chain transactions, automate categorization, and provide insights through interactive charts and visualizations.
None, NoneHeadquarters
2021Year Founded
$25.4MTotal Funding
EARLY_VCCompany Stage
Consumer Software, Social Impact, AI & Machine Learning, Biotechnology, HealthcareIndustries
1-10Employees
Benefits
Health and wellbeing - We offer top-of-the-line benefits, including health, mental health, dental, and vision insurance.
Time off - We want people to take time off to rest and rejuvenate. We offer a 3 week paid vacation as well as 10 observed holidays by country.
Parental leave - Our parental leave policy offers biological, adoptive, and foster parents paid time off to spend quality time with family.
Lunch on us - You'll have a very generous meal budget for you to eat every day.
$1000 Bonus for joining our “investment club” on Syndicate - New hires get a $1000 bonus for joining our investment club for tokens + NFT’s!
Join a DAO on us! - New hires also get a 500 USDC bonus towards joining a Token or NFT DAO of their choice!
Commuting - We offer monthly commuter credits.
Risks
Integration challenges with Coinbase's Base team may disrupt operations.
Winding down services by November 6, 2023, could lead to customer dissatisfaction.
Regulatory scrutiny may increase due to the rapid growth of DAOs.
Differentiation
Utopia Labs offers an OS for DAOs to manage payments and payroll efficiently.
The platform automates recurring salaries and organizes transactions for transparent reporting.
Integration with multisig crypto wallets enhances security and ease of use.
Upsides
Integration with Coinbase's Base network could boost global payment capabilities.
$23M Series A funding provides capital for innovation and expansion.
Focus on onchain payment infrastructure aligns with DeFi trends, enhancing market position.
Funding
Total raised$25.43 M
Latest valuation$115.00 M
StageEARLY_VC
EARLY VC
2/29/2024$2
$115.00 M