Terraform Labs Pte.
Latest round
- Seed
Last raised
- Aug 2018
Total raised
- $32M
Investors
- 11
About Terraform Labs Pte.
Based in Seoul, South Korea, and founded in 2018, Terraform Labs offers a payment system based on blockchain technology. The company was co-founded by Daniel Shin and Do Kwon. The company has 56 employees.2 million users with an average of almost 90,000 transactions daily. Terraform Labs operates as a developer of a price-stable cryptocurrency that will enhance the next-generation payment network. The company also operates as an open platform that will help to improve the real GDP of the blockchain industry. Terraform’s technology of a digital ledger and wallet uses the stablecoin Luna and has significantly reduced payment settlement from days to just around 6 seconds. The company generates revenue through subscription fees by charging a pricing model of USD 10 per month, 1% to 25% for package discount, and a free trial with a coupon for 14 days. The company plans to invest in groups that build financial apps on its blockchain and launch its main net upgrade, Columbus-5, as well as Pylon and Nebula Protocol.
Who invested in Terraform Labs Pte.
11 investors across 1 round
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Funding rounds
Seed
Aug 29, 2018
Amount
$32M
Investors
Questions about Terraform Labs Pte.
Who invested in Terraform Labs Pte.?
Terraform Labs Pte. has 11 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 Terraform Labs Pte. raised?
Terraform Labs Pte. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Terraform Labs Pte. last raise money?
Terraform Labs Pte.'s most recent round on record is a Seed, in Aug 2018.
What does Terraform Labs Pte. do?
Based in Seoul, South Korea, and founded in 2018, Terraform Labs offers a payment system based on blockchain technology.
Where is Terraform Labs Pte. headquartered?
Terraform Labs Pte. is headquartered in Singapore, Singapore.
Which VCs invest in companies like Terraform Labs Pte.?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Terraform Labs Pte.'s stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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