Phylax
New York, US · Founded 2024 · 9 known investors
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Phylax builds the Credible Layer, a policy engine that lets on-chain protocols declare states they must never reach and enforces circuit breakers that reject transactions crossing those limits. It publishes verifiable evidence for auditors, allocators, and insurers to review, serving crypto protocols and the capital teams that oversee them.
Founders & leadership
Phylax was founded in 2024 by Odyssefs Lamtzidis.
Investors · 9
How we know: the company's own site · a partner's Signal profile · Not right? Tell us
How we know: Bankless Ventures's portfolio page · funding news · Not right? Tell us
How we know: Figment's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Hash3 Capital's portfolio page · funding news · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: funding news · press coverage · Not right? Tell us
How we know: funding news · Not right? Tell us
How we know: funding news · Not right? Tell us
Funding
SEC filings, press & company announcements$9M disclosed across 2 rounds · 2024
- $4.5Mseed roundNov 2024Source ↗
▶$4.5MraisedOct 2024 · 46 investors · Other TechnologyRule 506(b)
- Evangelos NtomprozisExecutive Officer
- Odyssefs LamtzidisExecutive Officer, Director
- Offering amount
- $4.5M
- Amount sold
- $4.5M
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware, 2024
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Phylax do?
- Phylax builds the Credible Layer, a policy engine that lets on-chain protocols declare states they must never reach and enforces circuit breakers that reject transactions crossing those limits. It publishes verifiable evidence for auditors, allocators, and insurers to review, serving crypto protocols and the capital teams that oversee them.
- Who founded Phylax?
- Phylax was founded by Odyssefs Lamtzidis in 2024.
- Who are Phylax's investors?
- Phylax's investors include Castle Island Ventures, Bankless Ventures, Breed, Figment, Hash3 Capital, Breed VC, Figment Capital, Public Works and 1 more.
- How much funding has Phylax raised?
- Phylax has disclosed $9M raised across 2 rounds.
- Where is Phylax headquartered?
- Phylax is headquartered in New York, US.



