Parity Technologies

Parity Technologies

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201720182019202020212023
Revenues5.0m9.1m13.8m25.3m31.8m70.2m
% growth-83 %51 %83 %26 %-
EBITDA--<1m11.4m(81.8m)-
% EBITDA margin--4 %45 %(257 %)-
Profit--<1m9.1m(70.5m)-
% profit margin--4 %36 %(222 %)-
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DateInvestorsAmountRound
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N/A

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$750k

Seed

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$5.0m

Grant

N/A

Grant
Total Funding$5.8m

Recent News about Parity Technologies

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More about Parity Technologiesinfo icon
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Parity Technologies is a leading blockchain technology company focused on creating a decentralized internet where interactions are verifiable rather than trust-based. The company serves developers, enterprises, and blockchain enthusiasts by providing the tools and frameworks necessary to build on the Web3 tech stack. Operating primarily in the blockchain and decentralized web market, Parity Technologies has developed the next-generation blockchain protocol, Polkadot, and its associated SDK (Software Development Kit). This allows users to create and deploy their own blockchain solutions with ease. The business model revolves around offering open-source technology and support services, generating revenue through partnerships, consulting, and enterprise solutions. Parity Technologies aims to foster a more secure and transparent internet by reducing reliance on centralized entities and mitigating data breaches.

Keywords: blockchain, decentralized, Polkadot, Web3, open-source, SDK, verifiable interactions, tech stack, enterprise solutions, consulting.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.