# Permissionless Labs

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

- Industry: Software
- Headquarters: Irvine, US
- Website: www.permissionless-labs.com/
- Total disclosed funding: $9.2M
- Latest round: Seed (May 8, 2024)
- Investors on record: 3

## About

Based in California, US, and founded in 2021 by CEO David Rhodus, Permissionless Labs, Inc., formerly known as Parachain Development, operates as a provider of digital content distribution platforms, offering advanced technologies to organizations looking for decentralized solutions. In May 2024, Permissionless Labs, Inc. raised USD 9.2 million in Series A funding led by Multicoin Capital, with participation from Robot Ventures and Solana Ventures.

The company provides a permissionless technology platform that offers permissionless technologies for digital content distribution to media and technology firms. The platform services include blockchain integration, open-source tools, and decentralized infrastructure. Moreover, the firm offers solutions such as research and development in blockchain technologies and media distribution networks. Additionally, the firm also provides services such as consultation on decentralized systems and development support for content creators.

## Funding rounds

- Seed, May 8, 2024, $9.2M — Multicoin Capital, Robot Ventures, Solana Ventures

## Investors

- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Solana Ventures (https://capitalatlas.ai/funds/solana-ventures) — Seed