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Certik Raises $88M at $2B Valuation

ByLouis Adams

Apr 8, 2022 #Investment
Reading time: < 1 minute

Smart contract security audit-focused startup CertiK has just raised $88 billion and reached a $2 billion valuation.

According to the company, the series B3 funding round has been led by Insight Partners, Tiger Global and Advent International.

In addition, other participants in the funding round include Goldman Sachs, Sequoia Capital and Lightspeed Venture Partners.

In December last year, CertiK raised $80 million at a $1 billion valuation. Over the past nine months, the company has completed four rounds totaling $230 million.

According to the startup CEO Ronghui Gu, the company will use the funds to turn the project into a “universal security platform for the entire Web 3.0 world.”

Certik expects to enjoy continued high demand for the services it provides. According to the results of the first quarter of the year, the company’s revenue grew four times.