# Api3: Information technology & services, George Town, Cayman Islands

> Api3: Api3 is a blockchain technology company founded in 2020, headquartered in George Town, Cayman Islands. Based in George Town, Cayman Islands. Founded 2020.

Source: https://millionrounds.com/startup/api3 (Millionrounds; every figure on the page links to its filing or article)

Cayman Islands · [Information technology & services startup](https://millionrounds.com/companies)

# Api3

Api3 is a blockchain technology company founded in 2020, headquartered in George Town, Cayman Islands.

Funding reported Last round: Undisclosed round

Information technology & services George Town, Cayman Islands

Company summary

- **Founded:** 2020 6 years old
- **Team:** 22 11 to 50 people
- **Funding reported:** 7M as listed, currency not stated
- **Last round:** Undisclosed round May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Api3 has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Api3

Api3 is a blockchain technology company founded in 2020, headquartered in George Town, Cayman Islands.

It specializes in first-party oracle solutions and decentralized API (dAPI) infrastructure, connecting blockchain smart contracts with secure off-chain data. By eliminating third-party intermediaries, Api3 enhances security, efficiency, and data transparency for decentralized finance (DeFi) applications within the Web3 ecosystem. The company operates as a decentralized autonomous organization (DAO) governed by token holders. Api3 offers a range of products, including dAPIs, Airnode for running first-party oracle nodes, and on-demand Web3 APIs. Its services cater to developers of decentralized applications, particularly those in need of secure data feeds, random number generation, and flexible API solutions. Api3 aims to empower data providers to monetize their oracle services directly, positioning itself as a significant player in the Web3 API economy.

## What company datasets say Api3 raised

Funding, as reported

Reported in all **7M** in the source's currency

Rounds **3**

Last round **Undisclosed round**

Last round size **4M**

Last round date **May 2024**

Investors listed **21**

## On 5 portfolio pages

Investors who name them

- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group)
- [Dlab](https://millionrounds.com/fund/dlab)
- [DeepTech Ventures](https://millionrounds.com/fund/deeptech-ventures-2)
- [Equilibrium Group](https://millionrounds.com/fund/equilibrium-group)
- [Decentral Park Capital](https://millionrounds.com/fund/decentral-park-advisors-llc)

Each firm lists Api3 on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

collateral slashing in auctions decentralized finance user experience decentralized finance (defi) oev network smart contracts data feed support for multiple chains auction revenue distribution oracle data feeds off-chain auction management multi-chain support oracle update rights decentralized data feeds defi ecosystem support blockchain oracle security information technology & services

Built with from their website

CloudFlare CDN Cloudflare DNS Google Workspace CloudFlare Google Search Console Amazon AWS Google Meet Gmail

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 513210, SIC 6211, 7372
- **Region:** George Town
- **Part of:** Astar Foundation
- **Revenue:** 4.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/api3)

## Information technology & services in Cayman Islands

Startups like it

- [**Variational** George Town · founded 2022 *Raised*](https://millionrounds.com/company/variational)
- [**0G** San Francisco · founded 2023](https://millionrounds.com/startup/0g)
- [**Berachain** George Town](https://millionrounds.com/startup/berachain)
- [**1inch** George Town · founded 2019](https://millionrounds.com/startup/1inch)
- [**Sui Foundation** George Town · founded 2022](https://millionrounds.com/startup/sui-foundation)
- [**Taiko Labs** Grand Cayman · founded 2022](https://millionrounds.com/startup/taiko-labs-2)
- [**Sonic Labs** George Town · founded 2018](https://millionrounds.com/startup/sonic-labs)
- [**Mobius** George Town · founded 2017](https://millionrounds.com/startup/mobius-6)

## Is this your company?

Add your raise, your deck and your story, and put Api3 in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)