ConsenSys

blockchain

FOUNDING YEAR: 2014
LOCATION: Switzerland
Last Update: 04/01/2021

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About

~Not giving away ETH~ Blockchain studio building decentralized applications on #Ethereum Founder Joe Lubin @ethereumJoseph Newsletter https://t.co/wDthQCJuj5

MEDICI Analysis

Consensys is a blockchain production studio that builds decentralized applications, primarily using Ethereum. It follows a hub and spoke model (ConsenSys being the hub) where they would provide the basic building blocks/ foundational blocks (development, resource sharing, acquisitions, investments) that enable new services and business models to be built on the blockchain.

Focus

PRODUCTS & SERVICES

Provides decentralized applications and various developer and end-user tools for blockchain ecosystems. It also provides investments, partnerships and development support for startups.

REVENUE MODEL

Generates revenue by providing consulting & other high-end services to its institutional clients

EXISTING PARTNERSHIPS

Microsoft: to provide blockchain development platform on Azure cloud; Ubuntu: to provide digital identity on Ubuntu phones; Deloitte: to offer blockchain-based digital banking products; SingulatDTV: to build smart contract-based rights management platform for film and television on the Ethereum Blockchain;

PRIMARY PROBLEM SOLVED

Provides a team that could work on various ideas of blockchain based products and services

COMMENT

ConsenSys is looking at building an industry of partnerships and build unique smart-contracts systems tailored to the industry requirements.

company provided insights

Traction

COMPANY TYPE:

For Profit

REVENUE COMMENT:

ConsenSys generates revenue from its professional services, but has not revealed the number. Also, it was reported that they are not looking at turning profitable anytime soon.

People

FOUNDERS

Andrew Keys

NUMBER OF EMPLOYEES

501-1000

INVESTORS:

SK Group

KEY EMPLOYEES:

Daren Frankel (Director

ConsenSys Solutions)

COMMENT:

ConsenSys is a decentralized organization with personnel spanning four continents. They are also planning to double their team to 150 by the end of 2016.

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

TOTAL FUNDING

$10 M

DATE OF LAST FUNDING

Jul 2019

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$10M to $50M

LISTED

NO

company provided insights

Acquisitions

ACQUIREE NAME

Fluidity

ANNOUNCED DATE

May 2020

PRICE

---

ACQUIREE NAME

Infura

ANNOUNCED DATE

Oct 2019

PRICE

---

ACQUIREE NAME

Quorum

ANNOUNCED DATE

Aug 2020

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

134,264

AVERAGE VISITS (6 MONTHS)

143,091.1

MONTHLY VISITS GROWTH

37.68%

VISIT DURATION

595

VISIT DURATION GROWTH

454.11%

PAGE VIEWS VISIT

1.85

PAGE VIEWS VISIT GROWTH

-0.77%

BOUNCE RATE

69.88%

BOUNCE RATE GROWTH

2.03%

GLOBAL TRAFFIC RANK

278,547

MONTHLY RANK CHANGE

-139,212

MONTHLY RANK GROWTH

-33.32%

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