Who founded Web3Auth?

Web3Auth was founded by Zhen Yu Yong in 2018.

Who are Web3Auth's investors?

Web3Auth's investors include Digital Strategies, Fenbushi Capital, Illuminati Capital, Kyros Ventures, Multicoin Capital, Union Square Ventures (USV), YBB Foundation, DARMA Capital and 2 more.

How much funding has Web3Auth raised?

Web3Auth has disclosed $26M raised across 2 rounds.

Web3Auth

Founded 2018 · 9 employees on LinkedIn · 21 known investors

Find your way into Web3Auth

Your email: who you already know at Web3Auth, and who your contacts know
2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Web3Auth team
Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Web3Auth provides non-custodial authentication and key management to give users simple, secure access to digital assets and identity across multiple blockchain platforms and applications. It targets developers and Web3 applications seeking to reduce onboarding friction for digital ownership and identity.

Crypto & Web3 Cybersecurity Developer Tools

Founders & leadership

Web3Auth was founded in 2018 by Zhen Yu Yong.

Zhen Yu YongCo-Founder - CEO2019–2025

Investors · 21

Digital Strategieslisted by Digital Strategies

How we know: Digital Strategies's portfolio page · Not right? Tell us

Fenbushi Capitallisted by Fenbushi CapitalShanghai · $1.3M – $30M

How we know: Fenbushi Capital's portfolio page · Not right? Tell us

Illuminati Capitallisted by Illuminati CapitalDubai

Kyros Ventureslisted by Kyros Ventures

How we know: Kyros Ventures's portfolio page · blog.web3auth.io · Not right? Tell us

Multicoin Capitallisted by Multicoin CapitalAustin · $1M – $50M

How we know: funding news · blog.web3auth.io · Not right? Tell us

Union Square Ventures (USV)listed by Union Square Ventures (USV)New York · $1M – $8M

How we know: Union Square Ventures (USV)'s portfolio page · funding news · blog.web3auth.io · Not right? Tell us

YBB Foundationlisted by YBB Foundation

How we know: YBB Foundation's portfolio page · Not right? Tell us

DARMA CapitalreportedDorado

How we know: blog.web3auth.io · Not right? Tell us

LD CapitalreportedShanghai

How we know: blog.web3auth.io · Not right? Tell us

Phoenix VCreported

How we know: blog.web3auth.io · Not right? Tell us

Also in the syndicate · 11

Bitcoin.comChainstryDecentralabFTXHashKOSMOS CapitalMinted LabsP2P CapitalSequoia Capital IndialeadStaking FacilitiesYBB Capital

Funding

SEC filings, press & company announcements

$26M disclosed across 2 rounds · 2022

$13MSeries AJan 2022 · 3 sources
Sequoia Capital India (lead), Bitcoin.com, Chainstry, DARMA Capital, Decentralab, FTX, Hash, KOSMOS Capital, Kyros Ventures, LD Capital, Minted Labs, Moonwhale Ventures, Multicoin Capital, P2P Capital, Phoenix VC, Staking Facilities, Union Square Ventures, YBB Capital
Source ↗
$13MraisedJan 2022 · 2 sources
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Web3Auth secures $13M from Sequoia India to simplify crypto onboarding and authentication | TechCrunchtechcrunch.com · Jan 2022

Web3Auth Raises $13M Series A from Sequioa Capital and Moreblog.web3auth.io · Jan 2022

Frequently asked questions

What does Web3Auth do?: Web3Auth provides non-custodial authentication and key management to give users simple, secure access to digital assets and identity across multiple blockchain platforms and applications. It targets developers and Web3 applications seeking to reduce onboarding friction for digital ownership and identity.
Who founded Web3Auth?: Web3Auth was founded by Zhen Yu Yong in 2018.
Who are Web3Auth's investors?: Web3Auth's investors include Digital Strategies, Fenbushi Capital, Illuminati Capital, Kyros Ventures, Multicoin Capital, Union Square Ventures (USV), YBB Foundation, DARMA Capital and 2 more.
How much funding has Web3Auth raised?: Web3Auth has disclosed $26M raised across 2 rounds.