StarkWare

StarkWare develops STARK-based solutions for the blockchain industry.

About

Founded

2018

Headquarters

Netanya, Israel

Industry

Cryptocurrency

Company Description

StarkWare solves the inherent problems of blockchains – scalability and privacy. We develop a full proof stack, using STARK technology to generate and verify proofs of computational integrity. StarkWare’s cryptographic proofs are zero-knowledge, succinct, transparent and post-quantum secure. We use high-level math to develop scaling solutions that provide blockchain users with a secure, fast, and seamless experience.

Quick Links

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Funding

Total Raised

$273 million

Valuation

$8 billion

Significant Investors

Greenoaks, Tiger Global Management, Paradigm, Floodgate, Pantera Capital, DCVC, Coinbase Ventures, Scalar Capital, Coatue

Company Traction

  • As of May 2023, StarkWare minted 107 million NFTs.
  • As of May 2023, StarkWare’s total volume traded was $957 billion, total equity locked was $511 million, and the total amount of various transactions processed was 431 million.

Leadership Team

  • Uri Kolodny: Co-Founder & CEO of StarkWare. Former Co-Founder & CEO of Mondria Technologies.
  • Eli Ben-Sasson: Co-Founder, President, and Chairman of the Board of StarkWare. Former Founding Scientist at Electric Coin Company.
  • Michael Riabzev: Co-Founder & Chief Architect of StarkWare. Former Research and Development Engineer at IBM.
  • Ittay Dror: Chief Architect, R&D Manager at StarkWare. Former Chief Architect and Senior Director of Cloud Engineering at Akamai Technologies.
  • Oren Katz: VP of Engineering at StarkWare. Former VP R&D, GM Israel at Fundbox.