Portal Labs
Founded 2021 · 21 employees on LinkedIn · 5 known investors
Portal is a blockchain infrastructure company that provides secure services to accelerate blockchain economy operations.
Also known as Portal · portalhq.io
Founders & leadership
Portal Labs was founded in 2021 by Sandeep Pyapali.
Investors · 5
Funding
SEC filings, press & company announcements- Undisclosed amountseed roundFeb 2023Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Portal Labs, operating as Portal (portalhq.io), supplies blockchain wallet and transaction infrastructure delivered through mobile SDKs, web SDKs and APIs. Its core product is an embedded, white-labelable non-custodial web3 wallet built on threshold signature scheme (TSS) multi-party computation, which removes seed phrases in favor of web2-style onboarding and recovery patterns such as passkeys, cloud storage (Google Drive, iCloud) and PIN/password; users can also export private keys. Wallets can be embedded in standalone apps or a Telegram interface, and the company states wallets can be provisioned in sub-seconds.
Alongside the wallet product, Portal offers an Enclave MPC API that combines MPC cryptography with AWS Nitro secure enclaves to create a trusted execution environment for sub-second signing on EVM-compatible and Solana-based smart contract addresses; an out-of-the-box account abstraction module that can be toggled per wallet from the Portal dashboard to sponsor gas, batch transactions and program other on-chain logic; and a swaps module offering same-chain and cross-chain token swaps on Ethereum, EVM chains and Solana with pricing routed through market aggregators. The platform advertises support for more than 100 chains, including Bitcoin, Ethereum and EVM-compatible networks and Solana, with ECDSA and EdDSA raw signature support. Customer use cases described include stablecoin neobanking, treasury operations, DeFi trading, embedded web3 wallets and remittances.
Business model
Portal sells infrastructure to other companies (B2B), which integrate its SDKs and APIs into their own consumer or business applications rather than to end users directly.
Usage-based pricing: charged by monthly active wallets for consumer use cases and by number of signatures for business use cases.
Traction
The company cites infrastructure scaled across more than 100,000 monthly active users and publishes named customer references including Bitso (which cites 8M+ users), Juno/Velo, BANDO and Lipaworld.
▸Full profile — market position, technology, go-to-market, geography
Market position
Portal competes in the wallet-as-a-service and MPC signing infrastructure segment, marketing itself as an enterprise-grade provider that lets customers launch an application in under a day.
Portal positions itself on API-based TSS MPC with fast signing speeds, seed-phrase-free web2 onboarding and recovery, broad chain coverage (100+ chains, ECDSA and EdDSA), an open-source and regularly audited cryptographic base, and native MPC signing for account abstraction modules, which the company describes as among the first in the industry.
Technology
The architecture is based on threshold signature scheme multi-party computation, built on the open-source Alice repository and the CCGMP MPC protocol, under which only the user device holding the signing share can initiate a signature. The Enclave MPC API runs MPC operations inside AWS Nitro secure enclaves to provide a trusted execution environment for sub-second signing. Security controls cited include SOC 2 Type II, external security audits and quarterly penetration tests by NCC Group and Kudelski Security, plus multiple wallet backup and recovery paths and private key export.
Go-to-market
Developer-led and self-service: the site emphasizes integration in a few lines of code, a free trial and dashboard sign-up, supported by a sales-assisted path via booking a call, documentation and customer references.
Developers and product teams at fintech and crypto companies, including exchanges, neobanks, remittance providers, payment operators and DeFi trading applications, spanning both non-custodial and custodial wallet models.
Geography
Serves cross-border and international use cases, with referenced customers spanning digital dollar accounts, Latin American exchange Bitso, and remittance provider Lipaworld.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 10
by search overlap
Companies competing with Portal Labs for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
▸Research sources · 1
primary sources listed
- Portal Labsportalhq.io · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Portal Labs do?
- Portal provides MPC-based embedded wallet, signing and swap infrastructure for companies building on-chain financial products.
- Who founded Portal Labs?
- Portal Labs was founded by Sandeep Pyapali in 2021.
- Who are Portal Labs's investors?
- Portal Labs's investors include Kindergarten Ventures, Llc, Slow Ventures, Acrew Capital, Chapter One, Haun Ventures.