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Layer3 - Undisclosed
Overview
Funding Date
February 20, 2025
Financing amount
$4M
Valuation
--
Category
About Layer3 - Undisclosed
Layer3 raised $ 4 M in funding round.
In 2024, Layer3 increased revenue tenfold to $16.6M while operating with a team of just 16 people. They remained profitable throughout the year, placing them in the top decile of companies in the industry. Beyond financial performance, they have consistently expanded their customer base, product suite, and consumer footprint.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Germany | 2018 | 13 | -- |
Founders & Team
Peter Ng
Brandon Kumar
Dariya Khojasteh
Company Profile / Project Introduction
Layer3 is a token distribution protocol that enables projects to distribute their tokens to attract and retain users. Layer3 essentially unifies user activity across multiple blockchains and applications, enabling protocols to distribute tokens more effectively. Layer3 is also working on a new AI-enabled protocol for optimizing token distribution strategies, slated to launch later this year. Kumar said the AI-enabled protocol will unlock new ways for projects to issue and distribute tokens and make Layer3 more personalized for the end consumer.