Chia Network

Chia Network

Decentralized blockchain data layer with security

Overview

Chia Network builds a blockchain platform that prioritizes security and sustainability. Its DataLayer provides a decentralized data store that can link with traditional databases to offer database-like privacy and control with the immutability and trust of a public blockchain, and it runs over a global network of nodes using advanced cryptography. Unlike others that chase ease of use or rapid adoption, Chia focuses on regulatory compliance, consumer protection, and lower energy use. The goal is a scalable, verifiable infrastructure for secure data management and digital transactions that can support large organizations and consortiums while reducing energy usage and improving data integrity.

About Chia Network

Simplify's Rating
Why Chia Network is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Crypto & Web3

Company Size

51-200

Company Stage

Series D

Total Funding

$69.7M

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Chia 3.0's PoS2 ensures plots valid until 2036.
  • Partnerships with Google Cloud and SpaceKnow expand agritech use.
  • One Market supports tokenized asset trading since 2021.

What critics are saying

  • XCH trades at $2.19 with bearish sentiment eroding confidence.
  • Solana's 65,000 TPS outpaces Chia's sub-100 TPS for dApps.
  • Filecoin's 18 EiB storage dominates Chia's DataLayer market.

What makes Chia Network unique

  • Proof of Space and Time uses disk space over computational power.
  • Chialisp enables secure, UTXO-based smart contracts for enterprises.
  • DataLayer provides fraud-resistant decentralized data storage.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$69.7M

Below

Industry Average

Funded Over

4 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$61M
Chia Network
$70M
Twilio
$80M
Handshake
$100M
Affirm

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
100X.VC
Jan 18th, 2025
Sustainability in Web3: How Green Startups Are Leading the Way

Chia Network introduced a new blockchain consensus mechanism called Proof of Space and Time.

CoinDesk
Apr 18th, 2024
Chia Network Makes Progress Toward an IPO, CEO Says

Chia Network makes progress toward an IPO, CEO says.

Web3F
Dec 1st, 2023
Revolutionary Blockchain Breakthroughs Powering Eco-Friendly Innovations for a Greener Tomorrow

Chia Network introduces a new "Proof-of-Space" mechanism based on using disk space instead of computational power.

Crypto World Times
Oct 14th, 2023
Chia Network Company Overview and News Update

In May 2023, Chia Network partnered with Google Cloud Platform (GCP).

W.W. Grainger, Inc.
Jul 19th, 2023
“Effie Datson joins Chia network’s Board to drive blockchain adoption in finance”

Chia Network, Inc. has appointed Effie Datson to its Board of Directors.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Chia Network right now.

Find jobs on Simplify and start your career today

We update Chia Network's jobs every few hours, so check again soon! Browse all jobs →