N1 logo — Blockchain for next generation apps.

N1

Blockchain for next generation apps.

Founded 2023 United States United States 10 employees Seed Total: $5.00M Blockchain, Crypto +1

General Information

Company Name N1
Founded Year 2023
Location United States United States
Employees 10
Industries Blockchain, Crypto, Fintech
Funding Stage Seed
Social

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About N1

N1 is at the forefront of the blockchain revolution, positioning itself as a key player in the development of next-generation applications. With its slogan, "Blockchain for next generation apps," the company aims to harness the power of blockchain to create innovative solutions in the Blockchain, Crypto, and Fintech industries.

Established in 2023, N1 operates from its headquarters in the United States. The startup has developed an innovative solution known as Layer N, which is positioned as Ethereum's StateNet. This novel Layer 2 technology is designed as a network of custom and optimized rollup nodes. It boasts a shared state and liquidity layer, setting a new standard for blockchain technology advancements.

Recently, N1 secured a substantial $5.00M investment in a Seed Round on 13 September 2023. This funding round attracted notable investors such as Founders Fund, Amber Group, GSR Markets, Mirana Ventures, SALT, Kraken Ventures, dao5, as well as individual investors Karthik Raju and Spencer Noon. Such backing underscores the strong belief in N1's potential to revolutionize the blockchain landscape.

Business keywords: Blockchain Technology, Layer 2 Solutions, Ethereum, StateNet, Rollup Nodes, Financial Applications, Scalability, Liquidity Layer, Modular Rollups, API Integration, Hyper-performant Networks, Shared Communication

Services & Products

Incubator program for startups
Hosting onchain applications
High-performance blockchain network
Accelerated scalability solutions

Target Customers

Developers building onchain applications Tech startups seeking incubation Enterprises needing decentralized solutions Companies requiring high transaction throughput

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $5.00M 9
Founders Fund, Amber Group +7
13 Sep 2023

N1 Alternatives & Competitors

View All Alternatives
N1 vs
Obscuro Labs
Obscuro Labs United Kingdom

Contributing to the TEN Network. An L2 that encrypts Ethereum

Seed
13 employees
Blockchain, Crypto
N1 vs

The first L2 Optimistic Rollup for BNB Smart Chain. For minimum gas fees & lightning speed with BSC.

3 employees
Blockchain, Crypto
N1 vs
INTMAX
INTMAX Switzerland

A zkRollup with a stateless architecture. Achieving hyper scaling and privacy at the same time!

Seed
17 employees
Blockchain, Crypto

FAQ About N1

Blockchain for next generation apps.
N1 was founded in 2023.
N1 is headquartered in United States.
N1 operates in Blockchain, Crypto and Fintech. Its work centres on Blockchain Technology, Layer 2 Solutions, Ethereum and StateNet. Its customers include Developers building onchain applications, Tech startups seeking incubation and Enterprises needing decentralized solutions.
N1 has approximately 10 employees.
N1 has completed 1 funding round, raising a total of $5.00M. The latest funding stage is Seed.
N1 offers: Incubator program for startups, Hosting onchain applications, High-performance blockchain network, Accelerated scalability solutions.
Top alternatives and competitors to N1 include Obscuro Labs, Autobahn Network | L2 for BSC, INTMAX, Boba Network, Monolith. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
N1 and Obscuro 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 N1, https://bouncewatch.com/company/layer-n, updated 2 July 2025. When citing, please name BounceWatch and link this page.

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