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Chia Network

44 Montgomery Street
San Francisco, CA 94104
Website Company Summary Management Team

President/COO/Operations: Ali Shadle (1/31/2019) ; Gene Hoffman (9/30/2017)
Finance: Misha Graboi (5/31/2021) ; Mitchell Edwards (1/21/2019)
Technology: Paul Hainsworth (6/30/2021) ; William Blanke (9/30/2018) ; Bram Cohen (8/31/2017)
Sales/Marketing: Steve Booth ; Allison Van Houten
General Counsel/Legal: Thomas Chow
Customer Service: Ken Griggs
Former Employees: Ryan Singer

Outside board: (May no longer be on the board) David Frazee (Richmond Global Ventures Managing Partner)

Business description: Chia Network is a state-of-the-art open-source decentralized blockchain, digital currency and smart transaction platform. Using the first new secure Nakamoto consensus algorithm invented since Bitcoin, Chia aims to operate an eco-friendly, more secure and user-friendly payment system for cross border payments, issuing financial assets, lending, escrow payments, institutional custody and distributed identity. Chia’s “Proof of Space and Time” based blockchain reduces waste in “Proof of Work” based blockchains. Built to run Chialisp, the company’s newly developed smart coin language, Chia’s blockchain allows its users to build and execute secure "smart coin" transactions. Chia Networks believes that “digital money” should be easier to use than cash, harder to lose and nearly impossible to steal.

Rounds: 4
Recent Fundings: May 2021   Aug 2020
Capital raised: 69.7M
Last Round: 61.0M
Ownership: Private  
VCs include: Greylock Partners True Ventures Andreessen Horowitz Slow Ventures Breyer Capital Richmond Global VenturesDHVC ;  Collab+Currency;  Cygni Capital

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Last Mentions

Record updated: Aug 2022
Sector: FinTech
Year Founded: 2017
Headcount: 76-100 as of Aug 2022
Rounds: 4
Recent Fundings: May 2021   Aug 2020
Capital Raised: 69.7M
Last Round: 61.0M
Ownership: Private