# Offchain Labs funding: rounds and investors > Offchain Labs has raised $104M across 2 rounds since 2019. Investors include Compound, Pantera Capital and Lightspeed Venture Partners. Source: https://millionrounds.com/company/offchain-labs (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Offchain Labs* 2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Web3 & Crypto Valuation: $1.2B, Mar 2026 Funding summary Updated 26 Oct 2026 **$104M** raised across 2 rounds since 2019, from 2 sources **$3.7M** Seed **$100M** Series B - **Latest round:** Series B, $100M Aug 2021 - **Step-up i:** 27× - **Investors:** 9 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 **$3.7M** Seed **$100M** Series B - **First round:** Seed, $3.7M - **Biggest round:** $100M - **Between rounds:** 2.3 years ## The rounds - **Aug 2021** Series B **$100M** *5 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Redpoint](https://millionrounds.com/fund/redpoint) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Compound](https://millionrounds.com/fund/compound-4) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) Source recorded - **Apr 2019** Seed **$3.7M** *4 new* [Pantera Capital](https://millionrounds.com/fund/pantera-capital) Lead [Compound](https://millionrounds.com/fund/compound-4) [Jake Seid](https://millionrounds.com/fund/jake-seid) Raphael Ouzan Reported by TechCrunch ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2019 **Series B** 2021 [Compound](https://millionrounds.com/fund/compound-4) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) L [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Redpoint](https://millionrounds.com/fund/redpoint) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) [Jake Seid](https://millionrounds.com/fund/jake-seid) Raphael Ouzan ## Everyone who backed them [Compound](https://millionrounds.com/fund/compound-4) VC firm **2** rounds [Pantera Capital](https://millionrounds.com/fund/pantera-capital) VC firm **1** round, led 1 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [Redpoint](https://millionrounds.com/fund/redpoint) VC firm **1** round [Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round [Ballistic Ventures](https://millionrounds.com/fund/ballistic-ventures) VC firm **1** round [Jake Seid](https://millionrounds.com/fund/jake-seid) Angel **1** round Raphael Ouzan no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=offchain-labs). ## Also claim to have backed them These 3 firms list Offchain Labs as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Puzzle Ventures](https://millionrounds.com/fund/puzzle-ventures-2) Accelerator Per its own site [Standard](https://millionrounds.com/fund/standard) VC firm Per its own site [Standard Crypto](https://millionrounds.com/fund/standard-crypto) VC firm Per its own site ## Quick answers about Offchain Labs ### Who invested in Offchain Labs? Offchain Labs's investors include Compound, Pantera Capital, Lightspeed Venture Partners, Redpoint and Coinbase Ventures, and 4 more on record. ### How much has Offchain Labs raised? Offchain Labs has raised $104M across 2 rounds since 2019. ### When did Offchain Labs last raise? Offchain Labs's most recent round was a Series B of $100M in Aug 2021. ### What was Offchain Labs's biggest round? Its most recent round, $100M in Aug 2021, is also its largest on record. ### Who backed Offchain Labs first? Offchain Labs's first round on record, in Apr 2019, was backed by Pantera Capital, Compound and Jake Seid and 1 others. ### What stage is Offchain Labs at? Offchain Labs's latest named round is a Series B, in Aug 2021. ### Where is Offchain Labs based? Offchain Labs is based in the United States. ### Who led Offchain Labs's rounds? Pantera Capital led the Seed in 2019. ## Companies like Offchain Labs In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app