# EigenCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eigencloud

- Industry: Software
- Headquarters: Redmond, US
- Website: www.eigencloud.xyz/
- Total disclosed funding: $165M
- Latest round: Series B (Feb 22, 2024)
- Investors on record: 7

## About

Based in Washington, US, and founded in 2021 by CEO Sreeram Kannan, Eigen Labs, Inc. doing business as EigenCloud operates as a developer of a stake validation marketplace designed to leverage crypto-economic security. In June 2025, EigenCloud raised USD 70 million in venture funding from returning investor Andreessen Horowitz. The company's technology enables customers to develop cutting-edge apps through open innovation on blockchains by supporting Ethereum security through the mechanism of re-staking and a customized and hyper-scaled data availability service. The company will use the June 2025 funding for growth and development.

## Funding rounds

- Series B, Feb 22, 2024, $100M — Andreessen Horowitz
- Series A, Mar 28, 2023, $50M — Blockchain Capital, Polychain Capital, Hack VC, Electric Capital, Coinbase Ventures
- Seed, Aug 1, 2022, $15M — Polychain Capital, Ethereal Ventures

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed, Series A
- Ethereal Ventures (https://capitalatlas.ai/funds/ethereal-ventures) — Seed
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series A
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B