Chaos Labs lands $55m Series A led by Haun Ventures
Chaos Labs, a blockchain risk management platform based in Israel and the US, has bagged a $55 million Series A funding round led by Californian venture capital firm Haun Ventures.
Chaos Labs secures $55 million Series A
The round attracted a group of new investors, including Slow Ventures, Spartan Capital, and F-Prime Capital. Existing shareholders such as Bessemer Venture Partners, Coinbase Ventures, Galaxy Ventures, General Catalyst, PayPal Ventures, Lightspeed Venture Partners, Wintermute Ventures, along with strategic angel investors, also participated.
Founded in 2021, Chaos Labs serves the on-chain financial sector with its risk solution designed to enhance economic security for crypto protocols through real-time simulations, advanced observability tooling, and risk oracles. It previously raised $20 million in a Seed round in February 2023.
Since its inception, the firm reports it has achieved $860 billion in cumulative trading volume, $25 billion in loans, and $35 million in incentives. Additionally, over the past year, Chaos Labs claims to have tripled its customer base.
Omer Goldberg, founder and CEO at Chaos Labs, says: “Crypto is among the most volatile asset classes today. Yet, most DeFi applications remain static, relying on stale parameters that take hours or days to update. The future of decentralised finance needs modern, dynamic data infrastructure.”
To learn more about the decentralised finance (DeFi) space, listen to our recent Demystify Podcast featuring U-Zyn Chua, CTO and co-founder of Cake Group, a company dedicated to simplifying DeFi for retail users.
