Irreducible
PrivateLast Round
Series A
Jan 31, 2025
Est. Valuation
$55M
Total Funding Raised
$39M
Company Overview
Irreducible is a cryptographic infrastructure company, formerly known as Ulvetanna, that was founded in 2022. The company specializes in building a high-performance verifiable computing platform to accelerate zero-knowledge proofs (ZKPs). It utilizes a hardware-software co-design approach, operating its own data centers with custom FPGA-based servers to offer faster and more cost-efficient proof generation. Irreducible aims to provide foundational infrastructure for blockchain developers and protocols, supporting the growth of a secure and verifiable internet. The company raised a $24 million Series A round in January 2025.
Sector
Crypto & Web3
Verticals
Blockchain Infrastructure, Layer 2 Solutions, Computing Hardware, Platform-as-a-Service
Business Model
B2B
Customer Profile
Usage-Based SaaS, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Irreducible Comps
Public and private peers based on sector, stage, and business model.
Irreducible Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 31, 2025 | ||||
| Seed | Jan 19, 2023 |
Key People
Founding team and executive leadership
Irreducible Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Bain Capital Crypto | Series A, Seed |
| Paradigm | Series A, Seed |
| Robot Ventures | Series A |
| L2 Iterative Ventures | Series A |
| Fenbushi Capital | Series A |
| Jump Crypto | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 10, 2025
Added Mapbox Inc., a technology/mapping company, as a customer.
- Jan 31, 2025
$24M round completed.
Irreducible Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Irreducible's valuation, stock price, and market status.
