Router Protocol
Latest round
- Series A
Last raised
- Dec 2021
Total raised
- $4.1M
Investors
- 10
About Router Protocol
Founded in 2021, Router Protocol operates out of Singapore, specializing in cross-chain blockchain solutions. The company was established by Chandan Choudhury, with Ramani Ramachandran serving as CEO.Router Protocol's core offerings consist of a Layer-1 blockchain, Router Chain, which enables chain abstraction by providing a state engine capable of reading and modifying states across multiple blockchains. The platform supports an ultra-low latency bridge, Router Nitro, that facilitates cross-chain swaps on over 30 different blockchains, enhancing the functionality of decentralized applications (dApps). Additionally, Router Intent Adapter Store provides a plug-and-play infrastructure that simplifies the integration of cross-chain capabilities for developers. By catering to various use cases such as cross-chain asset transfers, customizable dApps, omnichain tokens, and cross-chain airdrop aggregators, Router Protocol seeks to streamline interactions between diverse blockchain ecosystems.The revenue model for Router Protocol is primarily derived from transactional fees associated with the use of its various blockchain services, including the Router Chain and Router Nitro bridge. Users, such as developers and businesses, engage with the platform to facilitate cross-chain transactions, custom dApp development, and asset transfers, generating revenue through transaction fees applied per swap or deployment. The platform also offers governance and delegation services via Router Hub, which may entail additional fees for participating users. Revenue is further supported through partnerships and collaborations with various ecosystem projects, potentially leading to subscription-based or tiered service models. The company is focused on launching new products aimed at improving cross-chain capabilities, with specific enhancements to Router Nitro expected to be rolled out in 2023. Additionally, Router Protocol is looking to expand its services into new geographic regions, particularly targeting markets in Europe and Asia by the end of 2024. This strategic growth plan aims to strengthen its position within the blockchain ecosystem and cater to an increasing demand for seamless cross-chain operations.
Who invested in Router Protocol
10 investors across 1 round
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Funding rounds
Series A
Dec 10, 2021
Amount
$4.1M
Investors
Questions about Router Protocol
Who invested in Router Protocol?
Router Protocol has 10 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Router Protocol raised?
Router Protocol has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Router Protocol last raise money?
Router Protocol's most recent round on record is a Series A, in Dec 2021.
What does Router Protocol do?
Founded in 2021, Router Protocol operates out of Singapore, specializing in cross-chain blockchain solutions.
Where is Router Protocol headquartered?
Router Protocol is headquartered in Singapore, Singapore.
Which VCs invest in companies like Router Protocol?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Router Protocol's stage. Their profiles are linked below.
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