ChainSafe Systems logo — building the future of Web3

ChainSafe Systems

building the future of Web3

Founded 2017 Canada Toronto, Canada 64 employees Series A Total: $18.75M Blockchain, Crypto +2

General Information

Company Name ChainSafe Systems
Founded Year 2017
Location Canada Toronto, Canada
Employees 64
Industries Blockchain, Crypto, Internet +1
Funding Stage Series A
Business Model B2D, Open Source, Platform
Revenue Model Project Based, Service Fee, Consulting Fee
Social

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About ChainSafe Systems

ChainSafe Systems, founded in 2017, is a leading R&D firm in the blockchain and Web3 infrastructure sector, headquartered in Canada. With the slogan "building the future of Web3," the company is committed to advancing decentralized systems by providing blockchain-agnostic tools for developers. This approach could significantly enhance interoperability among various blockchain platforms.

In a notable financial milestone, ChainSafe Systems secured a substantial $18.75M Series A investment on 18 October 2022. The investment was backed by a group of prominent investors including Fenbushi Capital, NGC Ventures, ConsenSys Mesh, DFG Group, Jsquare, Round13 Capital, and HashKey Capital. This funding round underscores strong investor confidence and positions the company for further growth in the burgeoning blockchain and crypto industries.

Business keywords: blockchain R&D, protocol engineering, cross-chain interoperability, web3 gaming, decentralized infrastructure, multi-chain perspective, blockchain-agnostic tools, ethereum, cosmos, polkadot, filecoin, web3 infrastructure, developer empowerment, decentralized systems

Services & Products

Protocol Assessment
Cryptography
Bridge Integrations
RPC Node Operation
Staking Solutions
Parachain Infrastructure
Custom Network Development
Automation and Observability

Target Customers

Blockchain Developers Decentralized Application Builders Web3 Startups Research & Development Teams Tech Companies Seeking Decentralization

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $18.75M 7
Fenbushi Capital, NGC Ventures +5
18 Oct 2022
Seed Round Undisclosed 3
Fenbushi Capital, ConsenSys Mesh +1
04 Mar 2020

ChainSafe Systems Alternatives & Competitors

View All Alternatives
ChainSafe Systems vs
Polymer Labs
Polymer Labs United States

Building the fabric of web3.

Series A
31 employees
Blockchain, Crypto
ChainSafe Systems vs
InvArch
InvArch Switzerland

Decentralized public infrastructure highly-optimized for powering DAOs across the Polkadot ecosystem...

Seed
9 employees
Blockchain, Information Technology
ChainSafe Systems vs
Analog
Analog United States

Seamless interoperability for a truly decentralized future.

ICO
53 employees
Blockchain, Crypto

FAQ About ChainSafe Systems

building the future of Web3
ChainSafe Systems was founded in 2017.
ChainSafe Systems is headquartered in Toronto, Canada.
ChainSafe Systems operates in Blockchain, Crypto, Internet and Web3. Its work centres on blockchain R&D, protocol engineering, cross-chain interoperability and web3 gaming. Its customers include Blockchain Developers, Decentralized Application Builders and Web3 Startups.
ChainSafe Systems has a B2D, Open Source and Platform business model. Its revenue comes from Project Based, Service Fee and Consulting Fee.
ChainSafe Systems has approximately 64 employees.
ChainSafe Systems has completed 2 funding rounds, raising a total of $18.75M. The latest funding stage is Series A.
ChainSafe Systems offers: Protocol Assessment, Cryptography, Bridge Integrations, RPC Node Operation, Staking Solutions, Parachain Infrastructure, Custom Network Development, Automation and Observability.
Top alternatives and competitors to ChainSafe Systems include Polymer Labs, InvArch, Analog, Dojima Foundation, Bifrost Finance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ChainSafe Systems and Polymer Labs are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ChainSafe Systems, https://bouncewatch.com/company/chainsafe-systems, updated 14 April 2026. When citing, please name BounceWatch and link this page.

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