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- Orbs
Orbs Funding, Investors & Competitors
Orbs has raised $128M across 2 funding rounds, most recently a $10M Series A in March 2023.
Last Orbs funding round
$10M
Series A · Mar 2023
Cumulative funding Orbs raised
$128M
across 2 funding rounds
Key investors in Orbs
DWF Labs
About Orbs
Orbs is a Tel Aviv-headquartered public blockchain network using a hybrid Proof-of-Stake consensus for enterprise applications. Launched in 2018, it operates validator nodes in San Francisco, Singapore, and Seoul, enabling decentralized backend services for DeFi protocols and NFTs. Orbs powers projects like Enzyme Finance and Loopring, processing thousands of transactions per second with sub-second finality through its RandomGuard guardian network.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
Orbs Funding History
Orbs has raised a total of $128M across 2 funding rounds.
Orbs' first fundraising round was a $118M undisclosed-stage round in May 2018. The most recent completed round was a $10M Series A in March 2023.
Orbs funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2023 | Series A | DWF Labs (lead) | $10M | Orbs is a blockchain infrastructure provider founded in Israel in 2017, operating as a layer 3 decentralized backend that enhances EVM and non-EVM smart contracts for Web 3.0, DeFi, NFTs, and GameFi. Its flagship product is the dTWAP protocol, a decentralized time-weighted average pricing solution for decentralized exchanges. Orbs is actively involved in the TON ecosystem with contributions like TON.vote, a no-code DAO governance tool developed with the TON Foundation, and TON Access, a decentralized Infura for the TON network. DWF Labs invested up to $10 million in Orbs via a token purchase deal around March 2023, marking its entry into the Orbs ecosystem as a leading Web3 investment firm. DWF Labs, affiliated with Digital Wave Finance, focuses on multi-stage investments across GameFi, Metaverse, Infrastructure, Trading, and DeFi, providing services like market making, liquidity, and advisory. Andrei Grachev, Managing Partner of DWF Labs, highlighted Orbs' promising role in the TON ecosystem and its dTWAP protocol for advancing decentralized finance. |
| May 2018 | Undisclosed stage | - | $118M | Orbs is a blockchain platform designed for large-scale consumer applications. The company announced it had raised more than $118 million in funding by May 2018 to support development of its purported consumer-ready blockchain service, with a June 2018 launch date planned. This funding round was part of a broader surge in blockchain venture capital during the first half of 2018, which saw over $1.3 billion invested globally by mid-year, surpassing the entire total of 2017. The company conducted a token generation event on April 3, 2019, distributing tokens to participants. As of March 2026, Orbs later received an additional $125 million in funding and completed a $50 million investment in OpenAI, demonstrating ongoing capital deployment and strategic positioning in the AI and blockchain sectors. |
Who has invested in Orbs?
1 investor has backed Orbs across its funding rounds, including DWF Labs.
Lead investors include DWF Labs.
Orbs Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialInvestments by Orbs
Orbs has invested in 8 companies to date.
Latest investment by Orbs was on December 12th 2024. Orbs invested in Symmio in their $3M Seed round.
Latest Investments by Orbs
| Description | - | - | Harris & Trotter is a Basingstoke-based firm of chartered accountants offering audit, tax planning, payroll processing, and bookkeeping services to SMEs in southern England. The practice advises on VAT compliance, R&D tax credits, and corporate restructuring for clients in manufacturing, retail, and professional services. Established in 1980, it operates from offices serving Hampshire and Berkshire businesses. | - | |
| HQ Country | - | ||||
| HQ City | - | - | London | - | |
| Deal Date | 12 Dec 2024 | 27 Jun 2024 | 30 Apr 2024 | 13 Feb 2024 | |
| Round | Seed | Seed | Undisclosed stage | Seed | |
| Raised | $3M | $300K | $10M | $2M | |
| Investors | Spartan; Blockchain Founders Fund; MCLB | - | Kingsway Capital; Re7 Capital | Manifold Capital Partners; Mirana; Mantle Network; Selini Capital; Kronos Research | |
| Valuation | undisclosed | undisclosed | $85M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Orbs investments and their VC round multiples. Start Free Trial | |||||
Orbs Competitors
Orbs competitors include listed companies like C3.ai, Alphabet and Microsoft, and private ones like Fireworks AI, Together AI and ConsenSys.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1B | - | $18B | 17.5x | ||
| Private | $1.1B | - | $8.3B | 7.2x | ||
| Publicly listed | $250M | ($484M) | $1.7B | 4.5x | ||
| Private | $252M | - | $7B | 27.8x | ||
| Publicly listed | $403B | $176B | $4.2T | 8.7x | ||
| Publicly listed | $332B | $205B | $3.7T | 10.7x |
Orbs Public Comps
Orbs is still privately-owned, but its public comps include Alphabet, Microsoft, Amazon, Oracle, Cisco, Palantir, Dell, Alibaba Group, IBM and ServiceNow.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $403B | $176B | 10.2x | 8.7x | 23.3x | 19.0x | |||
| $332B | $205B | 11.1x | 10.7x | 18.0x | 17.5x | |||
| $717B | $161B | 3.9x | 3.5x | 17.5x | 13.8x | |||
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $63B | $19B | 7.1x | 6.9x | 23.4x | 17.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $114B | $12B | 3.5x | 2.4x | 34.3x | 20.1x | |||
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
This data is available for Pro users. Sign up to see all Orbs competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Orbs
| When was Orbs founded? | Orbs was founded in 2017. |
| Where is Orbs headquartered? | Orbs is headquartered in Tel Aviv, Israel. |
| Is Orbs publicly listed? | No, Orbs is a private, VC-backed company. |
| How much funding has Orbs raised? | Orbs has raised $128M across 2 funding rounds. |
| What was Orbs' last funding round? | Orbs' last funding round was a $10M Series A in March 2023, led by DWF Labs. |
| Who are Orbs' investors? | Orbs' investors include DWF Labs. |
| Which companies are comparable to Orbs? | Companies comparable to Orbs include Fireworks AI, Together AI, C3.ai, ConsenSys, Alphabet and Microsoft. |
| How many companies has Orbs invested in? | Orbs has invested in 8 companies, including Symmio, Fenix Finance, Harris & Trotter, IntentX, THENA, Megaton Finance, Tonstarter and Fanzee Labs. |
| What was Orbs' last investment? | In December 2024, Orbs invested in Symmio's $3M seed round alongside Spartan, Blockchain Founders Fund and MCLB. |
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