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About Utopia Labs
Industries
Consumer Software
Social Impact
AI & Machine Learning
Biotechnology
Healthcare
Company Size
1-10
Company Stage
Seed
Total Funding
$25.4M
Headquarters
null
Founded
2021
Overview
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.
Simplify's Take
What believers are saying
- Integration with Coinbase's Base network could boost global payment capabilities.
- $23M Series A funding provides capital for innovation and expansion.
- Focus on onchain payment infrastructure aligns with DeFi trends, enhancing market position.
What critics are saying
- Integration challenges with Coinbase's Base team may disrupt operations.
- Winding down services by November 6, 2023, could lead to customer dissatisfaction.
- Regulatory scrutiny may increase due to the rapid growth of DAOs.
What makes Utopia Labs unique
- Utopia Labs offers an OS for DAOs to manage payments and payroll efficiently.
- The platform automates recurring salaries and organizes transactions for transparent reporting.
- Integration with multisig crypto wallets enhances security and ease of use.
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Funding
Total Funding
$25.4M
Above
Industry Average
Funded Over
3 Rounds
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.
Company News
Going forward, the Utopia Labs team will integrate with the Base team.
Coinbase has acquired Utopia Labs, a stablecoin payment processor, to enhance onchain payments within Coinbase Wallet and Base, its Layer 2 network. Despite Utopia Labs announcing it will wind down services by November 6, 2023, CEO Kaito Cunningham clarified this is a strategic shift, not a shutdown. The partnership aims to enable low-cost, fast, global payments, leveraging Utopia Labs' expertise in onchain payment infrastructure.
Utópika Labs, el conscious venture builder fundado por Borja Vilaseca para transformar el sistema educativo
Utopia Labs co-founder Pryce Adade Yebesi, 23, raised $23M to bridge the gap between crypto and traditional payment systems.
Utopia Labs, a payroll and expense management system built to integrate directly with multisig crypto wallets, announced on May 29 that it had closed a $23 million Series A funding round led by Paradigm.
There are no jobs for Utopia Labs right now.
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About Utopia Labs
Industries
Consumer Software
Social Impact
AI & Machine Learning
Biotechnology
Healthcare
Company Size
1-10
Company Stage
Seed
Total Funding
$25.4M
Headquarters
null
Founded
2021
There are no jobs for Utopia Labs right now.
Find jobs on Simplify and start your career today