# Opacity Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/opacity-labs

- Industry: Internet
- Headquarters: New York, US
- Website: www.opacity.network/
- Total disclosed funding: $12M
- Latest round: Seed (Mar 20, 2024)
- Investors on record: 8

## About

Established in 2024 and based in New York, US, Opacity Labs, Inc. is a technology company that provides a data verification network using zero-knowledge proofs for secure information sharing. In March 2024, Opacity Labs, Inc. raised USD 12 million in seed funding co-led by Archetype and Breyer Capital, including Bodhi Ventures, Andreessen Horowitz, Finality Capital Partners, North Island Ventures, Escape Velocity, and GD1. The round was part of a larger USD 13.83 million pre-seed and seed funding.

Opacity Network is a technology platform redefining internet infrastructure with a focus on data privacy, user empowerment, and verifiable information exchange. Opacity leverages zero-knowledge proof (zkTLS) technology, enabling users to verify data from any source without exposing sensitive details. The firm’s platform’s multiparty computation (MPC) architecture provides unparalleled speed and scalability, making it adaptable for diverse applications. Supported by EigenLayer for economic security, Opacity offers data protection in the zkTLS space. This architecture eliminates the need for institutional cooperation, empowering users to verify, collect, and exchange data across existing networks. The company’s capabilities extend to consumer products, artificial intelligence, and beyond. Businesses can enhance referral programs, disrupt traditional markets, and address cold-start problems. In AI, Opacity introduces verifiability to data sources, mitigating sybil attacks and aligning incentives between real users and real data. 

The organization plans to use the March 2024 funding to develop its Verified Data Network, enabling users to verify, control, and monetize their data securely.

## Funding rounds

- Seed, Mar 20, 2024, $12M — Andreessen Horowitz, Breyer Capital, GD1, North Island Ventures, Archetype, Finality Capital Partners, Escape Velocity, Bodhi Ventures

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Seed
- GD1 (https://capitalatlas.ai/funds/gd1) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- Archetype — Seed
- Finality Capital Partners (https://capitalatlas.ai/funds/finality-capital-partners) — Seed
- Escape Velocity — Seed
- Bodhi Ventures (https://capitalatlas.ai/funds/bodhi-ventures) — Seed