Parity Technologies
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|---|
Revenues | 5.0m | 9.1m | 13.8m | 25.3m | 31.8m | 70.2m |
% growth | - | 83 % | 51 % | 83 % | 26 % | - |
EBITDA | - | - | <1m | 11.4m | (81.8m) | - |
% EBITDA margin | - | - | 4 % | 45 % | (257 %) | - |
Profit | - | - | <1m | 9.1m | (70.5m) | - |
% profit margin | - | - | 4 % | 36 % | (222 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$750k | Seed | ||
N/A | - | ||
$5.0m | Grant | ||
N/A | Grant | ||
Total Funding | €5.2m |
Recent News about Parity Technologies
EditParity Technologies is a leading blockchain technology company focused on creating a decentralized internet where interactions are verifiable rather than trust-based. The company serves developers, enterprises, and blockchain enthusiasts by providing the tools and frameworks necessary to build on the Web3 tech stack. Operating primarily in the blockchain and decentralized web market, Parity Technologies has developed the next-generation blockchain protocol, Polkadot, and its associated SDK (Software Development Kit). This allows users to create and deploy their own blockchain solutions with ease. The business model revolves around offering open-source technology and support services, generating revenue through partnerships, consulting, and enterprise solutions. Parity Technologies aims to foster a more secure and transparent internet by reducing reliance on centralized entities and mitigating data breaches.
Keywords: blockchain, decentralized, Polkadot, Web3, open-source, SDK, verifiable interactions, tech stack, enterprise solutions, consulting.