2023 Revenue
$3.2M
Funding
$0
Team
34
Founded
2018
How Torus Labs CEO Prathamesh Avhad grew to $3.2M revenue with a 34 person team in 2023.
Torus is a distributed private key management solution that simplifies the user experience by abstracting away the complexities of private key management. It enables users to access blockchain applications using familiar authentication methods such as Google or Facebook login, making the transition to blockchain technology seamless and user-friendly. Torus aims to make any digital identity a valid cross-platform identifier, allowing users to easily carry their digital identities across various applications on the Internet. This approach facilitates a more accessible and integrated blockchain ecosystem, where users can engage with multiple applications without the need for managing multiple, complicated private keys.
Last updated
Torus Labs Revenue
In 2023, Torus Labs's revenue reached $3.2M. Since its launch in 2018, Torus Labs has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Torus Labs Hit $3.2m revenue in December 2023 | |
| 2018 | Launched with $0 revenue |
Torus Labs Valuation, Funding Rounds
Torus Labs is a bootstrapped Decentralized Identity Solutions startup. Founded in 2018, Torus Labs has grown to $3.2M in revenue without raising any venture capital or outside funding.
As a self-funded Decentralized Identity Solutions SaaS company, Torus Labs has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Torus Labs yet.
Torus Labs Employees & Team Size
Torus Labs employs approximately 34 people as of 2026, up from 18 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 34 employees (December 2023) |
| 2022 | Reached 18 employees (December 2022) |
Frequently Asked Questions about Torus Labs
What is Torus Labs's revenue?
Torus Labs generates $3.2M in revenue.
Who founded Torus Labs?
Torus Labs was founded by Prathamesh Avhad.
Who is the CEO of Torus Labs?
The CEO of Torus Labs is Prathamesh Avhad.
How much funding does Torus Labs have?
Torus Labs raised $0.
How many employees does Torus Labs have?
Torus Labs has 34 employees.
Where is Torus Labs headquarters?
Torus Labs is headquartered in Singapore, Singapore.
Compare Torus Labs to the industry
Torus Labs operates across multiple industries. Browse revenue, funding, and growth data for Torus Labs in each sector below.
Data and Sources
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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