Rated Labs Raises $12.89M in Series A Funding

Rated Labs

Rated Labs, a London, UK-based Ethereum-based oracle and datasets provider, raised $12.89M in Series A funding.

The round was led by Archetype, with participation from previous investors Placeholder, 1confirmation, Cherry, and Semantic, and new backers Robot Ventures, Chorus One, Factor and Maelstrom.

The company intends to use the funds to expand operations and to scale to multiple blockchains including Polygon, Cosmos, Polkadot and Solana.

Led by CEO Elias Simos, Rated Labs offers node and node operator ratings, data pipelines and the most comprehensive infrastructure dataset, for Ethereum.

Since founding the company in 2022 and launching its first product, the company has seen nearly 150k unique visitors on the Rated Explorer, 60M calls on the Rated API spread across 45+ integrations, as well as partnerships and integrations with leaders and innovators in the Ethereum Staking ecosystem including Lido, Liquid Collective, Metamask Institutional, Chorus One, Stader Labs and Nexus Mutual among others.

FinSMEs

02/10/2023