5ire
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 16.3m | 32.2m |
% growth | - | 98 % |
Date | Investors | Amount | Round |
---|---|---|---|
* | $21.0m Valuation: $110m | Seed | |
N/A | Series A | ||
* | $100m Valuation: $1.5b | Series A | |
N/A | Early VC | ||
* | $10.0m | Grant | |
Total Funding | CAD179m |
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Recent News about 5ire
Edit5ire is a blockchain technology company that is leading the world's transition from the fourth industrial revolution (4IR) to the fifth industrial revolution (5IR). 5ire provides no-code smart contracts that are faster and cheaper than any existing blockchain. It also offers decentralized, user-owned wallets hosted on web3 domains with a zero-carbon footprint. 5ire is committed to making blockchain sustainable and accessible for 1 billion+ people by 2030.
5ire makes it easy for businesses, governments, entrepreneurs, and institutions to incentivize sustainability by encoding SGDs and ESG in its blockchain. Fortune 500 companies can use 5ire to create a disproportionate impact on the world's sustainability. 5ire is fast, secure, and cheap, making it an ideal ecosystem for entrepreneurs who want to combine impact with business as they scale their mission. 5ire also helps universities leverage the power of sustainability and make their administration and operations digitalized, real-time and transparent.
5ire works with leading researchers in blockchain technology and human-centered design. It holds patents in several areas of blockchain technology and regularly publishes in peer-reviewed journals. 5ire also supports Peer to Peer File Storing & File Sharing, allowing users to avoid third party providers, thus, decreasing risk, decreasing costs, and earning by hosting data.
5ire is different from other businesses in the same industry because of its commitment to making blockchain sustainable and accessible for 1 billion+ people by 2030. It also makes it easy for businesses, governments, entrepreneurs, and institutions to incentivize sustainability and supports Peer to Peer File Storing & File Sharing. 5ire plans to make a profit by selling its blockchain technology services and products.