See other companies on Welcome to the Jungle
Category Labs
High-performance decentralized systems
- 21-100 employees
- B2B
- Cryptocurrency
- Blockchain
- Civic Center, New York, NY
Jump to section
Company mission
To design and build at the frontier of decentralized technology.
333% employee growth in 12 months
Our take
Category Labs is building a high-performance smart contract platform to bring world adoption to decentralized apps. It combines performance (10,000 transactions per second) with portability (full compatibility for Ethereum smart contracts) and leverages innovation in parallel execution and distributed consensus. This is set to radically improve the capabilities and cost of decentralized computation.
The company has built a broad coalition of financial support to help along its journey. After recently raising $225M in a series A funding led by Paradigm, and other leaders in the crypto space, the company is focused on hiring.
The blockchain opens up numerous possibilities for developers. As a globally shared ledger, it can function as a worldwide sandbox for app development, allowing developers to build new apps that are combined with other apps seamlessly. The main constraints to this are cost and computing power. Category Labs (formerly Monad Labs) hopes to overcome these constraints with a new blockchain offering speeds far higher than any existing platform.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Fitness reimbursement
- Office equipment reimbursement
- Comprehensive medical, dental, and vision insurance
- Parental leave
- Paid time off
- NYC office featuring oversized standing desks, daily lunch, unlimited snacks, bike storage and even a shower!
- Regular team outings
Funding (2 rounds)
Apr 2024
$225m
SERIES A
Feb 2023
$19m
SEED
Total funding: $244m
Office
Articles
