Chainsight (YC S22)

Chainsight is an analytics and cybersecurity startup that provides real-time insights to secure digital assets in the web3 space. Backed by Y Combinator, Samsung Next, and Franklin Templeton, the company's AI-powered fraud detection solution has already protected about 300 million end users. It has gained global recognition and regulatory approvals from institutions such as G20, the Bank of International Settlements, the New York State Department of Financial Services, and the Japan Financial Services Agency.

The company's API offers extensive coverage, monitoring over 10 blockchains, 300 thousand dapps/NFT/tokens, 105 million phishing sites, and approximately $58 billion dollars worth of daily crypto transactions in real-time. This makes Chainsight a significant player in securing the web3 ecosystem. Additionally, the startup is actively working towards integrating with social media platforms, messaging apps, search engines, telecommunications, and phone companies to ensure the security of the next billion users across web2 and web3 globally.

Founded in 2020 and headquartered in Singapore, Chainsight recently secured a $1.80M Pre Seed Round investment on 30 November 2022 from Y Combinator, Franklin Templeton, and Samsung NEXT. With a team of experts from Massachusetts Institute of Technology (MIT) and Carnegie Mellon University, the company is well-positioned to provide outstanding protection against web3 attacks and mitigate crypto scams for its customers in the growing digital asset landscape.