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IPFS -- new hypermedia distribution protocol to replace HTTP (git + bittorrent) Filecoin -- crypt
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In 2023, Protocol Labs's revenue reached $23.2M. The company previously reported $12.7M in 2021. Since its launch in 2014, Protocol Labs has shown consistent revenue growth.
Protocol Labs has not publicly disclosed its valuation. The company has raised $3.1M in total funding to date.
Protocol Labs has raised $3.1M in total funding across 2 rounds, with its most recent round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | Funding round | $3M | - | - | |
| 2014 | Funding round | $120K | - | - |
| Question | Answer |
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We do not have customer count information for Protocol Labs yet.
Protocol Labs employs approximately 117 people as of 2026, down from 307 in 2023.
Protocol Labs generates an estimated $23.2M in annual revenue.
Protocol Labs was founded by Juan Benet.
The CEO of Protocol Labs is Juan Benet.
Protocol Labs raised $3.1M across 2 rounds.
Protocol Labs has 117 employees.
Protocol Labs is headquartered in San Francisco, California, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2023 Revenue
$23.2M(Est.)
Funding
$3.1M
Team · 2024
117
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2023 | Protocol Labs Hit $23.2m revenue in December 2023 | Estimated |
| 2021 | Protocol Labs Hit $12.7m revenue in January 2021 | |
| 2014 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 117 employees (December 2024) | |
| 2024 | Reached 126 employees (October 2024) | |
| 2023 | Reached 307 employees (December 2023) | |
| 2023 | Reached 278 employees (December 2023) | |
| 2022 | Reached 420 employees (December 2022) | |
| 2022 | Reached 428 employees (December 2022) | |
| 2021 | Reached 183 employees (December 2021) | |
| 2021 | Reached 130 employees (January 2021) |
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