Essential logo — The first declarative blockchain.

Essential

The first declarative blockchain.

Founded 2023 12 employees Seed Total: $5.15M Blockchain, Crypto

General Information

Company Name Essential
Founded Year 2023
Employees 12
Industries Blockchain, Crypto
Funding Stage Seed
Social

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About Essential

Essential is a groundbreaking startup that has garnered significant attention in the blockchain industry. Founded in 2023, the company's slogan, "The first declarative blockchain," encapsulates its innovative approach to blockchain technology. Essential's use of constraints to eliminate the need for execution sets it apart, allowing developers to construct scalable applications that prioritize optimal user outcomes. The company recently secured a noteworthy $5.15M Seed Round investment on 21 September 2023. Notable investors in this round include Maven 11, Robot Ventures, Karatage, Brandon Curtis, Batuhan Dasgin, James Prestwich, and Neel Somani. With its innovative approach and recent substantial investment, Essential is poised to make a considerable impact in the blockchain space.

Taxonomy: declarative blockchain, constraints, scalable applications, developer, user outcomes, execution, optimization

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 7
Investor Investor Investor
•••• ••••
21 Sep 2023

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FAQ About Essential

The first declarative blockchain.
Essential was founded in 2023.
Essential operates in the following industries: Blockchain, Crypto.
Essential has approximately 12 employees.
Essential has completed 1 funding round, raising a total of $5.15M. The latest funding stage is Seed.
Top alternatives and competitors to Essential include The Essential Oil Company, America's Essential Hospitals, Plant Therapy, Aromaaz International, AG Essential Oil. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Essential and The Essential Oil Company 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.

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