Succinct

SoftwareSeries ASouth San Francisco, USsuccinct.xyz

Latest round

Series A

Last raised

Mar 2024

Total raised

$54M

Investors

6

About Succinct

Based in California, US, and founded in 2022, Succinct operates as a software development company offering an open-source zero-knowledge virtual machine. The company engages in democratizing zero-knowledge proofs (ZKPs) by making them accessible to developers, organizations, and blockchain projects of any level. Succinct offers SP1, an open-source zkVM (zero-knowledge virtual machine) that allows developers to write efficient and easy-to-understand ZKPs in Rust without compromising on performance. SP1 also enables developers to reuse existing libraries for enhanced auditability, and generate proofs.

Who invested in Succinct

6 investors across 2 rounds

See all investors in Succinct

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Mar 20, 2024

    Amount

    $43M

    Investors

    Locked

  2. Seed

    Nov 22, 2022

    Amount

    $11M

    Investors

    Locked

Questions about Succinct

Who invested in Succinct?

Succinct has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Succinct raised?

Succinct has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Succinct last raise money?

Succinct's most recent round on record is a Series A, in Mar 2024.

What does Succinct do?

Based in California, US, and founded in 2022, Succinct operates as a software development company offering an open-source zero-knowledge virtual machine.

Where is Succinct headquartered?

Succinct is headquartered in South San Francisco, US.

Which VCs invest in companies like Succinct?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Succinct's stage. Their profiles are linked below.

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