# Stelo Labs

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

- Industry: IT Security/Cybersecurity
- Headquarters: Walnut Creek, US
- Website: www.stelolabs.com
- Total disclosed funding: $6M
- Latest round: Seed (Feb 17, 2023)
- Investors on record: 8

## About

Founded in 2022 by its CEO, Ben Scharfstein, and CTO, Aman Dhesi, and based in California, US, Stelo Labs, Inc., operates as a developer of a cybersecurity platform that provides security solutions for web3 users against scams and phishing. In February 2023, Stelo Labs, Inc., raised USD 6 million in seed funding led by Andreessen Horowitz, with participation from other BoxGroup, Chainforest, First Round Capital, Homebrew, Mischief Capital Management, OpenSea Ventures, and Pear VC.

Stelo offers a Chrome extension that integrates with wallets and intercepts transactions to prevent malicious transactions, phishing, and social engineering. The company’s application integration platform provides securities for Defi and Swaps, the NFT (non-fungible token) marketplace, malicious contracts, and signatures.

The company plans to use the February 2023 funding to expand its team, and develop an embedded version of its API to secure Ethereum transactions.

## Funding rounds

- Seed, Feb 17, 2023, $6M — First Round Capital, Andreessen Horowitz, BoxGroup, Homebrew, Pear VC, Mischief, OpenSea Ventures, Chainforest

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Seed
- Mischief (https://capitalatlas.ai/funds/mischief) — Seed
- OpenSea Ventures (https://capitalatlas.ai/funds/opensea-ventures) — Seed
- Chainforest (https://capitalatlas.ai/funds/chainforest) — Seed