# Spearbit Labs

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

- Industry: Software
- Headquarters: Miami, US
- Website: www.spearbit.com
- Total disclosed funding: $8.3M
- Latest round: Seed (Jul 13, 2023)
- Investors on record: 6

## About

Founded in 2021 by Alex Beregszaszi and Jake Lang, and based in Florida, US Spearbit Labs Inc. operates as a developer of a cybersecurity platform that provides smart contract audit and security solutions. In June 2023, Spearbit Labs Inc. raised USD 6.77 million in venture funding led by new investor Framework Ventures, with participation from other new investors 1kx, Breed VC, Nascent, Robot Ventures, and Volt Capital.



The firm operates as a decentralized network of expert security engineers that provides security reviews and other services to Web3 projects to provide price transparency on various services offered on Web3. The firm develops products such as Cantina Managed Service which helps solo auditors to get the deal flow and do smart contract audits, and Cantina Guilds enables small and medium audit shops to host their services as a "guild" on the Web3. 



The company intends to use the June 2023 funding to support the creation of its product offering, Cantina, and to grow its engineering teams for further development of its platform.

## Funding rounds

- Seed, Jul 13, 2023, $1.5M — 1kx Ventures, Robot Ventures, Framework Ventures, Nascent, Volt Capital, Breed VC
- Seed, Jun 29, 2023, $6.8M — 1kx Ventures, Robot Ventures, Framework Ventures, Nascent, Volt Capital, Breed VC

## Investors

- 1kx Ventures (https://capitalatlas.ai/funds/1kx-ventures) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Nascent (https://capitalatlas.ai/funds/nascent) — Seed
- Volt Capital (https://capitalatlas.ai/funds/volt-capital) — Seed
- Breed VC (https://capitalatlas.ai/funds/breed-vc) — Seed