How much funding has Eigen Labs raised?

Eigen Labs has raised Over $220 million, including $50M Series A, $100M Series B, and $70M in token purchasing from a16z. in total funding. Their latest funding round was $70 million token purchase by Andreessen Horowitz (a16z) announced in June 2025.. Key investors include Andreessen Horowitz (a16z), Blockchain Capital, Coinbase Ventures, Polychain Capital, Consensys.

Where is Eigen Labs headquartered?

Eigen Labs is headquartered in Seattle, WA, USA. The company has a team of 51-100 people.

When was Eigen Labs founded?

Eigen Labs was founded in 2021. It is based in Seattle, WA, USA.

How much funding has Eigen Labs raised?

Eigen Labs has raised Over $220 million, including $50M Series A, $100M Series B, and $70M in token purchasing from a16z. in total funding. Key investors include Andreessen Horowitz (a16z), Blockchain Capital, Coinbase Ventures, Polychain Capital, Consensys.

Who is the CEO of Eigen Labs?

Sreeram Kannan is the CEO of Eigen Labs. The company was founded in 2021.

Where is Eigen Labs located?

Eigen Labs is headquartered in Seattle, WA, USA.

What funding stage is Eigen Labs at?

Eigen Labs is currently at the Early Stage stage.

How many employees does Eigen Labs have?

Eigen Labs has approximately 51-100 employees.

Eigen Labs

Category: AI Infrastructure

Eigen Labs offers a developer platform, EigenCloud, that provides 'verifiability-as-a-service', allowing developers to build applications with blockchain-grade trust and verification, both on-chain and off-chain. Eigen Labs was founded in 2021. The company is led by Sreeram Kannan. Based in Seattle, WA, USA. Team size: 51-100. Total funding raised: Over $220 million, including $50M Series A, $100M Series B, and $70M in token purchasing from a16z.. Latest round: $70 million token purchase by Andreessen Horowitz (a16z) announced in June 2025.. Key investors include Andreessen Horowitz (a16z), Blockchain Capital, Coinbase Ventures, Polychain Capital, Consensys.

Founded: 2021
Headquarters: Seattle, WA, USA
Team size: 51-100
Total funding: Over $220 million, including $50M Series A, $100M Series B, and $70M in token purchasing from a16z.

Value proposition

To bridge the gap between developers' ambitions and blockchain's limitations by enabling verifiable applications across different environments.

Products and solutions

EigenCloud Platform, EigenDA (Data Availability Service), EigenVerify (Dispute Resolution Service), EigenCompute (Off-chain Computation Service), EigenAI (Verifiable AI Inference Platform)

Unique value

EigenCloud separates security-critical token logic from application logic, allowing for more complex and scalable off-chain applications while still utilizing blockchain for security.

Target customer

Web2 and Web3 developers, enterprises, and startups working in various sectors ranging from finance to AI and media.

Industries served

Financial Services, Artificial Intelligence (AI), Media, Betting Markets, Enterprise Software

Technology advantage

The primary advantage of EigenCloud lies in its 'verifiability-as-a-service' model that extends blockchain-level trust to off-chain computations, aimed at reducing complexity for developers.

How they differentiate

EigenCloud distinguishes itself by focusing on a unified development platform that prioritizes verifiability and usability, not merely providing infrastructure.

Main competitors

Symbiotic, Karak, Traditional L1/L2 Blockchains

Key partnerships

Securitize (for data verification in financial applications), Andreessen Horowitz (a16z), Google (Agent Payments Protocol / A2A protocol partnership announced Sep 2025), Coinbase (operator on EigenLayer, building on EigenCloud services)

Notable customers

Securitize, Coinbase, Google, Collective Memory, ElizaLabs, Dapper Labs, FereAI

Major milestones

Launched EigenCloud in June 2025 Achieved over $12 billion in total value locked (TVL) on EigenLayer Secured a partnership with Securitize for data verification Completed a $100 million Series B funding round in February 2024 Launched EigenAI and EigenCompute verifiable AI platform in October 2025 Partnered with Google on Agent Payments Protocol (AP2) in September 2025 Raised $70M token purchase from a16z in June 2025 Restructured with 25% workforce reduction to focus on EigenCloud in July 2025

Growth metrics

EigenLayer secures over $12 billion in restaked assets, reinforcing its market position.

Market positioning

Leading the emerging 'verifiability-as-a-service' market in blockchain applications, backed by strong venture capital support.

Geographic focus

Global

Patents and IP

No publicly disclosed patents.

About Sreeram Kannan

Sreeram Kannan is the Founder and CEO of Eigen Labs. He was previously a tenured associate professor at the University of Washington, where he directed the UW Blockchain Lab. He holds a PhD from the University of Illinois at Urbana-Champaign and completed postdoctoral research at UC Berkeley.

Latest news about Eigen Labs

Eigen secured a $15M seed round led by Benchmark, with Pinterest founder Ben Silbermann and Dreamer founder David Singleton joining as angels. The funding will accelerate its AI-driven document intell

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Official website: https://www.eigenlabs.org/