Overview

ConsenSys specializes in blockchain technology, focusing on solutions built on the Ethereum platform. The company offers a range of products that assist developers in creating networks and help businesses establish financial systems using blockchain. Their offerings include Codefi for digitizing financial instruments, Diligence for auditing smart contracts, Infura for API access to Ethereum, MetaMask as a crypto wallet for decentralized applications, and PegaSys for enterprise-level Ethereum solutions. ConsenSys stands out from competitors by providing a comprehensive suite of tools tailored for various clients, including developers and financial institutions, enabling them to utilize blockchain for decentralized finance, digital asset management, and more. The company's goal is to empower clients to improve their operations, enhance security, and explore new financial possibilities through blockchain technology.

Simplify's Take

What believers are saying

• Integration of Web3Auth simplifies digital ownership, potentially attracting more users.
• Wallet Guard acquisition enhances MetaMask security, appealing to security-conscious users.
• Growing liquid restaking trend presents opportunities for ConsenSys to enhance Ethereum's scalability.

What critics are saying

• Competition from new blockchain protocols like Avara's Lens v3 could divert developers.
• Rise of liquid staking platforms like Renzo may divert interest from Ethereum-based products.
• Security concerns remain significant, as indicated by the Wallet Guard acquisition.

What makes Consensys unique

• ConsenSys offers a comprehensive suite of Ethereum-based products for diverse applications.
• MetaMask, a leading crypto wallet, enhances user access to decentralized applications.
• Infura provides scalable API access to Ethereum, supporting billions of blockchain queries.

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

YesNo

Funding

Total Funding

$725M

Above

Industry Average

Funded Over

3 Rounds

$450,000,000

Series D

Mar 2022

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

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$450M

View all funding stages