Horizen Labs

Horizen Labs

Develops customizable blockchain solutions and SDKs

About

Horizen Labs creates programmable and customizable blockchains that focus on security, scalability, and privacy using zk SNARKs for zero-knowledge proofs. They offer a Software Development Kit (SDK) for developers to build custom blockchains and zkAudit, a privacy-enhanced audit system. Their expertise in zero-knowledge cryptography distinguishes them from competitors, and they aim to provide effective blockchain solutions for various industries, including finance and healthcare.

Company Stage

Seed

Employees

51-200

Industries

Fintech, Crypto & Web3

Total Funding

$10.7M

Headquarters

Austin, Texas

Founded

2019


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Simplify's Take

What believers are saying

  • zkVerify launch positions Horizen Labs as a leader in modular blockchain technology.
  • ZUSD stablecoin launch on EON network attracts financial sector clients.
  • Partnership with Pyth Network enhances DeFi offerings with decentralized oracle services.

What critics are saying

  • Removal of privacy features may alienate privacy-focused clients.
  • ZUSD stablecoin launch may expose Horizen Labs to regulatory scrutiny.
  • Partnership with Gateway.fm may increase competition in modular blockchain space.

What makes Horizen Labs unique

  • Horizen Labs specializes in zk SNARKs for privacy-enhanced blockchain solutions.
  • Their SDK enables efficient creation of custom blockchains for diverse applications.
  • zkAudit offers privacy-enabled audit systems, enhancing transparency without compromising privacy.

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Growth & Insights
Headcount

6 month growth

-14%

1 year growth

-19%

2 year growth

-37%

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