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Full-Time

Business Development Manager

Confirmed live in the last 24 hours

Polymer Labs

Polymer Labs

11-50 employees

Enhances blockchain interoperability infrastructure

Consulting
Hardware
Enterprise Software
Crypto & Web3

Senior, Expert

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Marketing
Business Strategy
Requirements
  • Bachelor's degree in Business, Marketing, Computer Science, or a related field.
  • Proven experience (6+ years) in business development, sales, or a related role in the blockchain, crypto, or fintech industry.
  • Strong technical understanding of blockchain technology, Inter-Blockchain Communication (IBC), and/or related concepts.
  • Exceptional communication skills, both written and verbal, with the ability to convey complex technical information clearly and concisely.
  • Demonstrated success in developing and maintaining strategic partnerships, driving sales growth, and achieving business targets.
  • Ability to thrive in a fast-paced, dynamic startup environment, adapt quickly to changes, and take ownership of responsibilities.
  • Strong negotiation, problem-solving, and decision-making skills.
  • Proactive and self-motivated, with a passion for blockchain technology and its potential to revolutionize the industry.
  • Existing network and contacts within the blockchain and cryptocurrency industry is a huge plus.
Responsibilities
  • Participate in strategy sessions with the leadership team to ensure clear focus and milestones for the BD function
  • Develop and implement a business strategy for attracting new industry-leading partners
  • Research business opportunities to build a world-class business development pipeline
  • Partner with the Marketing team for partnership campaign ideation, development and execution
  • Proactively reach out, establish, and nurture partnerships with key industry players and other relevant stakeholders.
  • Collaborate closely with our technical teams to effectively communicate the technical aspects of our business to potential partners and clients.
  • Develop and execute an approach tailored to the unique requirements of non-IBC-enabled chains, demonstrating how our solution can enhance their blockchain interoperability and communication.
  • Nurture and maintain strong relationships with existing clients and partners, providing exceptional support, understanding their needs, and exploring opportunities for expanding our services.
  • Lead contract negotiations with partner projects, working closely with executive teams to establish agreements that drive mutual growth and success.
  • Represent Polymer Labs at industry events, conferences, and meetups to build brand awareness, establish connections, and explore potential business opportunities.

Polymer Labs enhances the ability of different blockchain systems to communicate and work together. They focus on improving interoperability, which is essential for decentralized applications (dApps) and blockchain technology, allowing for smoother transactions across various networks. Their primary clients include developers, researchers, and relayers who need tools to support the Inter-Blockchain Communication (IBC) protocol. Unlike many competitors, Polymer Labs specifically targets the interoperability challenge in the rapidly evolving blockchain market. Their goal is to provide specialized tools and infrastructure solutions, generating revenue through software subscriptions, consulting services, and transaction fees, while actively participating in events to strengthen their presence in the blockchain community.

Company Stage

Series A

Total Funding

$26.6M

Headquarters

null, null

Founded

2021

Growth & Insights
Headcount

6 month growth

6%

1 year growth

29%

2 year growth

106%
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Simplify's Take

What believers are saying

  • Polymer Labs' focus on interoperability could make them indispensable as the blockchain ecosystem grows and diversifies.
  • The significant funding they have secured provides a solid financial foundation for further innovation and expansion.
  • Active participation in high-profile events like ETHDenver and ATOMDenver enhances their visibility and credibility in the blockchain community.

What critics are saying

  • The fast-paced nature of the blockchain industry means that Polymer Labs must continuously innovate to stay ahead of competitors.
  • Relying heavily on the adoption of the IBC protocol could be risky if alternative interoperability solutions gain more traction.

What makes Polymer Labs unique

  • Polymer Labs focuses on enhancing web3 interoperability, a niche yet critical area in the blockchain space, unlike many competitors who focus on single-chain solutions.
  • Their emphasis on the Inter-Blockchain Communication (IBC) protocol sets them apart as a leader in facilitating seamless transactions across different blockchain networks.
  • The recent $23 million Series A funding from prominent investors like Blockchain Capital and Coinbase Ventures underscores their strong market position and potential for growth.