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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: 20-50. 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
20-50
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)

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)

Notable customers

Securitize

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

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.

Official website: