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About
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.
Company Stage
Seed
Employees
1-10
Industries
Consumer Software, Social Impact, AI & Machine Learning, Biotechnology, Healthcare
Total Funding
$25.4M
Headquarters
null, null
Founded
2021
Simplify's Take
What believers are saying
- Acquisition by Coinbase enhances Utopia Labs' onchain payment capabilities.
- Raised $23M in Series A funding, led by Paradigm, for growth and development.
- Integration with Coinbase's Base network promises low-cost, fast global payments.
What critics are saying
- Utopia Labs will wind down services by November 6, 2023, indicating operational changes.
- The strategic shift post-acquisition may disrupt existing user operations.
- Dependence on the volatile crypto market could impact financial stability.
What makes Utopia Labs unique
- Utopia Labs offers an operating system tailored for DAO payment management.
- The platform integrates with multisig crypto wallets for seamless payroll and expense management.
- Utopia Labs automates recurring salaries and transaction organization for transparent reporting.
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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.
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