Succinct

Succinct

Private
Palo Alto, CaliforniaCrypto & Web3https://www.succinct.xyz/

Last Round

Early Funding

Mar 21, 2024

Total Funding Raised

$67M

Company Overview

Succinct is a blockchain technology company that offers an open-source platform for developing proof of stake consensus solutions, enabling secure reading of the Ethereum state across various chains while facilitating rapid program writing in Rust without compromising performance.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, Layer 2 Solutions, Cross-Chain

Business Model

B2B

Customer Profile

Marketplace Commission, Usage-Based SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

ZK proofsprover networkproof generationZK infrastructureZK provingverifiable computationzkVMSP1ZK verificationL2 infrastructurecross-chaindecentralized marketplacemulti-prover securityblockchain developer toolsusage-based billingfaster withdrawals

Historical Pricing

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Succinct Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Succinct Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingMar 21, 2024
SeedNov 1, 2022

Key People

Founding team and executive leadership

Uma Roy

Co-Founder And CEO

Founding Team

Succinct Investors

Notable investors and investment history

InvestorRounds
ParadigmSeed, Early Funding
Robot VenturesSeed, Early Funding
Bankless VenturesSeed, Early Funding
Zero Knowledge ValidatorEarly Funding
Geometry VenturesEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 24, 2026

    Launched Zcam, an app to combat AI deepfakes.

  • Apr 17, 2026

    Avail, Celo, Interchain, Hibachi, Lido, Galxe, Taiko, and Sovereign are listed as users.

Succinct Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Succinct Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Succinct's valuation, stock price, and market status.

Firmographic Details

HeadquartersPalo Alto, California
Employee Range30
Year FoundedN/A
Last FundingMar 21, 2024

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.