# Stader Labs

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

- Industry: Financial Services
- Headquarters: Singapore
- Website: www.staderlabs.com
- Total disclosed funding: $4M
- Latest round: Seed (Oct 7, 2021)
- Investors on record: 8

## About

Stader Labs is a multi-chain liquid staking platform that empowers users to stake cryptocurrency assets effortlessly while maintaining liquidity, unlocking additional earning opportunities through decentralized finance (DeFi).Founded in 2021 in Singapore, Stader Labs operates a liquid staking platform that facilitates staking across various blockchain networks. The company was established by Amitej Gajjala, Dheeraj Borra, Divyansh Sankhla, Naman Srivastava, and Sidhartha D. Stader Labs has successfully raised USD 12.5 mn in funding, with the latest round occurring on January 20, 2022, led by Three Arrows Capital. The firm has completed 2 significant deals to date.Stader Labs offers a comprehensive liquid staking platform that enables users to stake their cryptocurrency assets across multiple blockchain networks, including Ethereum, Polygon, BNB, Hedera, Fantom, Terra 2.0, and Near. This platform allows users to participate in decentralized finance (DeFi) by staking any amount of tokens without locking them up for a predetermined period, thereby maintaining access to liquidity. The core functionality involves providing tokenized versions of staked assets, which can be used in over 40 DeFi protocols for additional earning opportunities. The primary target customers include retail cryptocurrency users, exchanges, and custodians, who benefit from the platform's flexibility and user-friendly approach. Stader Labs is available in various global markets, allowing users to maximize their staking rewards while engaging in DeFi activities simultaneously.Stader Labs generates revenue primarily through transaction fees associated with its liquid staking services. Clients utilize the platform to stake their assets, which allows Stader to earn fees based on the total amount staked and the rewards generated from that staking. This transactional structure can be considered a direct-to-consumer model, where individual users or institutional clients engage with the service to obtain staking rewards. While specific pricing plans or service costs are not disclosed, the platform's structure supports profitability through the volume of transactions and the corresponding staking rewards distributed to users. The flagship offering, characterized by its non-custodial, smart contract-driven approach, positions Stader Labs as a competitive player in the liquid staking market, catering to the needs of its diverse client base.In January 2022, Stader Labs raised USD 12.5 mn in venture funding to accelerate the company's cross-chain expansion and support a growing ecosystem of third-party developers creating staking applications using their decentralized infrastructure. The company aims to introduce new products in the coming year, enhancing its service offerings significantly. Stader Labs is also focused on entering new markets to broaden its reach, targeting regions that are seeing increased adoption of DeFi technologies. The recent funding will facilitate these strategic initiatives, allowing Stader Labs to enhance its platform and attract a larger user base.

## Funding rounds

- Seed, Oct 7, 2021, $4M — True Ventures, Jump Capital, Pantera Capital, Coinbase Ventures, Terraform Labs Pte. Ltd., HTX Venture, Solana Labs, Inc., NEAR Foundation

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Seed
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Terraform Labs Pte. Ltd. — Seed
- HTX Venture (https://capitalatlas.ai/funds/htx-venture) — Seed
- Solana Labs, Inc. — Seed
- NEAR Foundation — Seed