Chaos Labs, a pioneer in onchain risk management, recently announced a significant milestone with a $55m Series A funding round, led by Haun Ventures.
This infusion of capital, targeting the enhancement of onchain economic security, has also garnered the support of notable new investors including F-Prime Capital, Slow Ventures, Spartan Capital, and others. This round sees the continuation of support from established backers like Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures.
Additionally, prominent strategic angel investors like Kevin Weil (OpenAI CPO), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO) have also participated.
Chaos Labs is poised to use this new funding to accelerate the development of new products and scale its sophisticated risk management platform, which currently includes advanced observability tooling, cutting-edge risk oracles, and real-time parameter recommendations.
The investment marks the first Series A leadership for Diogo Mónica, General Partner at Haun Ventures.
Mónica said, “Chaos Labs has emerged as an industry leader; their rapid growth, despite volatile markets, speaks volumes about their product-market fit, brand strength, and product quality. As onchain finance matures to compete with its centralized counterparts, the need for world-class risk management tools, designed from the ground up for the blockchain stack, is both clear and intuitive.”
In the past year, Chaos Labs has significantly expanded its customer base, now serving over 20 protocols including Aave, GMX, and Jupiter. These protocols depend on Chaos Labs to secure, monitor, and enhance their platforms, with the company’s technology safeguarding an impressive $860bn in cumulative trading volume and managing $25bn in loans and $35m in incentives.
Omer Goldberg, Founder and CEO at Chaos Labs, said, “We’re thrilled to partner with Haun Ventures and double down with existing investors on our expanded vision for Chaos Labs.
“Our north star has always been high quality data informing high quality risk management. Crypto is among the most volatile asset classes today. Yet, most DeFi applications remain static, relying on stale parameters that take hours or days to update. The future of decentralized finance needs modern, dynamic data infrastructure.”
Chaos Labs is also working on integrating offchain market data with onchain risk parameters to enable instant updates reflecting current market conditions. This effort aims to parallel the risk management capabilities of centralized financial entities like the Chicago Options Exchange.
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