# Moralis Web3 Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moralis-web3-technology

- Industry: Software
- Headquarters: Sundbyberg, Sweden
- Website: www.moralis.io
- Total disclosed funding: $54M
- Latest round: Series A (May 11, 2022)
- Investors on record: 3

## About

Moralis Web3 Technology AB leverages cutting-edge Web3 APIs and RPC nodes to provide developers with essential tools for building decentralized applications (dapps) seamlessly and efficiently.Founded in 2020 in Sundbyberg, Sweden, Moralis Web3 Technology AB offers services that facilitate blockchain development. The company has successfully raised USD 40.00 mn in Series A funding on May 11, 2022, from new investors including Coinbase Ventures and Fabric Ventures, alongside returning investors EQT. The leadership includes CEO Ivan Liljeqvist, who has a history of founding innovative tech companies.Moralis specializes in providing comprehensive Web3 APIs and RPC nodes designed to empower developers in the blockchain space. Their core offerings include access to rich blockchain data, integration capabilities for NFTs, ERC20 tokens, DeFi protocols, and transaction history, streamlining dapp development. Clients, ranging from fintech apps to neobanks, benefit from reduced development time and costs through Moralis’s robust solutions, which cater to markets globally, particularly in North America, Europe, and Asia.In 2023, Moralis reported a revenue of USD 3,702,371.80, with an EBITDA of USD -11,995,535.90, indicating the company's financial performance amid its growth efforts.The company plans to utilize the USD 40.00 mn raised in its Series A funding to accelerate product development and enhance user experience while expanding its client base. Specific upcoming products are in the design phase, aimed at improving the functionality of their services. The company is targeting expansion into additional markets across Europe and Asia by 2024, aligning with its vision to support a broader range of blockchain solutions.

## Funding rounds

- Series A, May 11, 2022, $40M — EQT, Coinbase Ventures, Fabric Ventures
- Seed, Aug 6, 2021, $14M — EQT

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Seed, Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Series A