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Parity
Blockchain infrastructure for the decentralised web
- 101-200 employees
- B2B
- Cryptocurrency
- Deep Tech
- SaaS
- Blockchain
- Web 3.0
- Westminster, London, UK
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Company mission
To enable businesses and organisations to capitalise on blockchain technology and benefit from the new opportunities it presents.
Our take
Parity is a blockchain developer that builds infrastructure for the next generation of the internet. The open-source nature of Parity helps charities, businesses, and fintech institutions make the most of Web 3.0.
Founded in 2015 by department-heading employees of Ethereum, Parity has already partnered with the likes of Watr to track ethical commodities to help African economies. Its partnership with Aventus will help enterprises make more of the technology they champion. Both partnerships are examples of how scalable, flexible and powerful Parity’s infrastructure could be for the future of the internet.
With a focus on decentralisation, Parity has attracted investors such as the Digital Currency Group and the Ethereum Foundation, showing how integral they are to next-gen web development. Whilst it has yet to seek funding beyond its seed funding and several grants, its partnerships with larger companies, as well as the success of its subsidiaries (such as Polkadot) will definitely help propel Parity into the future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Free German language courses
- Personal development budget
- Free drinks and snacks
- Company and team events
- A KICKASS team with the ambition to change the world with open-source software
Company values
- Work on what interests you - Parity believes people do their best work when they’re driven by their own curiosity and interest. They align people with the projects they’re passionate about
- Work on your own terms - Flexible schedule and location. Work from home or bring your dog to the office. Most communication is done asynchronously through GitHub and chat
- Do meaningful work - Parity is an organization where people are valued for their contributions. They focus on development, not on unnecessary meetings
Funding (2 rounds)
Jan 2019
$5m
GRANT
Apr 2016
$0.8m
SEED
Total funding: $5.8m
This company has top investors
Leadership
Gavin Wood
(Shareholder)Co-founder of Polkadot. Founder and President at Web3 Foundation, previously Co-Founder at Grid Singularity, Co-Founder and CTO at Ethereum Foundation, and Director of Technology at OxLegal.
Bjorn Wagner
(CEO)Initially served as CCO at the company before transitioning into their current role as CEO.
Diversity, Equity & Inclusion at Parity
- Female founded
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