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- Scalar
Scalar Revenue, Valuation, Funding & Investors
Scalar is valued at $710M as of October 2022, a 6.5x multiple on its last reported $110M revenue.
Last Scalar valuation
$710M
Series A · Oct 2022
Last Scalar funding round
$10M
Series A · Oct 2022
Scalar revenue
$110M
Series A · Oct 2022
Key investors in Scalar
MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
D4V
LINE Ventures
MID Venture Capital
Mynavi
TIS Japan
About Scalar
Scalar is a developer of distributed ledger technology software for secure, scalable blockchain applications. The company provides open-source protocols and enterprise-grade tools for building decentralized networks, with features like sharding for high-throughput transactions. Scalar supports developers in finance, supply chain, and identity management sectors through SDKs and node software deployable on-premises or in the cloud.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing, Subscription
Revenue
$110M (Oct 2022)
Valuation
$710M (Oct 2022)
Scalar Valuation
Scalar is currently valued at $710M, based on its Series A in October 2022.
Scalar valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2022 | Series A | $710M | 6.5x |
Scalar Revenue
Scalar's latest recorded revenue is $110M, as of its Series A in October 2022. At a $710M valuation, that implies a 6.5x revenue multiple.
Scalar revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2022 | $110M | $710M | 6.5x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Scalar Funding History
Scalar has raised a total of $16M across 3 funding rounds.
Scalar's first fundraising round was a $3M seed round in August 2018. The most recent completed round was a $10M Series A in October 2022.
Scalar funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2022 | Series A | - | $10M | $710M | Scaler is an India-based edtech startup offering upskilling courses in data science, machine learning, and computer science to working professionals and college graduates. It partners with enterprises like Amazon, Google, Microsoft, PayPal, Adobe, and VMware, delivering three to four sessions per week at $3,350 per course. Scaler originated from InterviewBit, which has millions of users focused on interview preparation resources. Scaler raised $55 million in its Series B funding round on January 31, 2022, led by Lightrock India with participation from Sequoia Capital India and Tiger Global, bringing total funding to $76.5 million. The round valued the company at $710 million post-money, up from about $110 million two years prior and following a rejected $400 million buyout offer from Unacademy in late 2021. Funds are earmarked for aggressive expansion into international markets like the U.S. and potential acquisitions of startups. The platform has transformed over 15,000 careers with more than 1,200 placement partners, including over 300 placements at Amazon. Scaler reported operational profitability at the time and works to bridge the gap between academic outputs and tech industry demands. |
| Feb 2020 | Series A | TIS Japan; J-Power; MID Venture Capital; D4V; MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC); LINE Ventures | $3M | - | - |
| Aug 2018 | Seed | H2 Investment; MITSUWA SANGYO; Top Gate; Sanwa Industry; Mynavi; MID Venture Capital; D4V; Creators Coin; MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC); LINE Ventures | $3M | - | - |
Who has invested in Scalar?
12 investors have backed Scalar across its funding rounds, including MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC), D4V, LINE Ventures, MID Venture Capital, Mynavi and TIS Japan.
Scalar Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Aug 2018 | ||
| 2 | Participant | Aug 2018 | ||
| 2 | Participant | Aug 2018 | ||
| 2 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Aug 2018 | ||
| 1 | Participant | Feb 2020 | ||
| 1 | Participant | Feb 2020 | ||
| 1 | Participant | Aug 2018 | ||
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Start Free TrialScalar Competitors
Scalar competitors include listed companies like Horizon Quantum and Hanwang Technology Co, and private ones like Taiko Labs, Elliptic, Unmarshal and Madhive.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $670M | - | ||
| Private | - | - | $600M | - | ||
| Private | $125M | - | $900M | 7.2x | ||
| Publicly listed | $269K | ($5M) | $729M | - | ||
| Publicly listed | $282M | ($14M) | $605M | - |
Scalar Public Comps
Scalar is still privately-owned, but its public comps include Horizon Quantum, BitGo Holdings, Indokripto Koin Semesta, Hanwang Technology Co, Rhino Bitcoin, HashKey Holdings, Qt Group, Stewards, Coincheck Group and Bakkt.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $269K | ($5M) | 2287.8x | - | (125.2x) | (33.0x) | |||
| $16B | ($9M) | 0.1x | 5.5x | (125.1x) | 125.4x | |||
| $16M | $7M | 36.9x | - | 81.1x | - | |||
| $282M | ($14M) | 2.2x | - | (44.4x) | - | |||
| $478K | ($417K) | 1242.8x | - | (1423.4x) | - | |||
| $92M | ($109M) | 6.4x | - | (5.4x) | - | |||
| $249M | $62M | 4.3x | 3.9x | 17.3x | 16.0x | |||
| - | - | - | - | - | - | |||
This data is available for Pro users. Sign up to see all Scalar competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Scalar
| When was Scalar founded? | Scalar was founded in 2017. |
| Where is Scalar headquartered? | Scalar is headquartered in Tokyo, Japan. |
| Is Scalar publicly listed? | No, Scalar is a private, VC-backed company. |
| What is Scalar's valuation? | Scalar was last valued at $710M in its Series A in October 2022. |
| How much funding has Scalar raised? | Scalar has raised $16M across 3 funding rounds. |
| What was Scalar's last funding round? | Scalar's last funding round was a $10M Series A in October 2022. |
| Who are Scalar's investors? | Scalar's investors include MID Venture Capital, D4V, MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC), LINE Ventures, H2 Investment, MITSUWA SANGYO, Top Gate, TIS Japan, J-Power, Sanwa Industry and 2 others. |
| What is Scalar's revenue? | Scalar's latest recorded revenue is $110M (October 2022). |
| What is Scalar's revenue multiple? | Scalar's latest valuation implies a 6.5x revenue multiple ($710M valuation on $110M of revenue). |
| Which companies are comparable to Scalar? | Companies comparable to Scalar include Taiko Labs, Elliptic, Unmarshal, Madhive, Horizon Quantum and Hanwang Technology Co. |
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