Phala Network vs The Open Platform: Revenue, Funding & Team Size Compared
Phala Network generates $3.1M in revenue; The Open Platform generates $27.5M. The Open Platform is 8.9× bigger than Phala Network by revenue. The table below compares Phala Network and The Open Platform on funding, valuation, customers, team size and headquarters — every figure GetLatka has verified for each company.
| Company |  Phala NetworkThis company |  The Open Platform |
|---|---|---|
| Revenue | $3.1M | $27.5M |
| Valuation | Not disclosed | $1B |
| Funding raised | Not disclosed | $28.5M |
| Team size | 28 | 116 |
| Founded | 2019 | 2022 |
| HQ | United States | Dubai, United Arab Emirates |
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Phala Network at a glance
Phala Network generates $3.1M in revenue with 28 employees, headquartered in United States.
- Revenue
- $3.1M
- Team size
- 28
- Founded
- 2019
Phala Network is a decentralized cloud computing platform designed to provide a secure and private infrastructure for executing smart contracts. It leverages blockchain technology combined with Trusted Execution Environments (TEEs) to…
The Open Platform at a glance
The Open Platform generates $27.5M in revenue with 116 employees, headquartered in Dubai, United Arab Emirates.
- Revenue
- $27.5M
- Valuation
- $1B
- Funding
- $28.5M
- Team size
- 116
- Founded
- 2022
The Open Platform is a Web3 infrastructure company enabling crypto apps and payments within Telegram through its TON-based tools.
Other Phala Network alternatives
Phala Network competes with more than the companies on this page. Browse the full alternative lists to compare revenue, funding and team size across the category.
Phala Network vs The Open Platform: frequently asked questions
Is Phala Network or The Open Platform bigger?
The Open Platform is the bigger company by revenue, at $27.5M against $3.1M for Phala Network.
How much revenue does Phala Network make?
Phala Network generates $3.1M in annual revenue with a team of 28.
How much revenue does The Open Platform make?
The Open Platform generates $27.5M in annual revenue with a team of 116.
How much funding has The Open Platform raised?
The Open Platform has raised $28.5M in total funding since it was founded in 2022.