Espresso Systems

Espresso Systems

Global confirmation layer

About Espresso Systems

Founded

2020

Address

United States

Community

Espresso is a global confirmation layer that provides L2 chains with fast, reliable transaction confirmations backed by BFT consensus. Espresso's confirmation layer can prevent sequencer equivocation, protect against reorgs, and reduce finality risk for solvers in intent-based systems. Its versatility means chains can also use it as a decentralized sequencer and low-cost data availability layer.

Team Members

Ben Fisch
Ben FischCo-founder,CEO
Charles Lu
Charles LuCo-Founder
Benedikt Bünz
Benedikt Bünz Co-founder and Chief Scientist
Jill Gunter
Jill GunterChief Strategy Officer
Verity Coltman
Verity ColtmanHead of Ecosystem & Partnerships
F
Fernando KrellVP of Engineering
Mariana Bernado
Mariana BernadoEcosystem Growth

Investors

Andreessen HorowitzAndreessen Horowitz
Arbitrum / Offchain LabsArbitrum / Offchain Labs
StarkWareStarkWare
Guy ZyskindGuy Zyskind
Sandeep NailwalSandeep Nailwal
Alexander SalnikovAlexander Salnikov
Mara SchmiedtMara Schmiedt
0xbrainjar0xbrainjar
Cooper KunzCooper Kunz
Shane QiuShane Qiu
Anshu AgrawalAnshu Agrawal
Electric CapitalElectric Capital
GreylockGreylock
Coinbase VenturesCoinbase Ventures
Sequoia CapitalSequoia Capital
Blockchain CapitalBlockchain Capital
PaxosPaxos
Robot VenturesRobot Ventures
PolychainPolychain
Slow VenturesSlow Ventures
Scalar CapitalScalar Capital
Gemini Frontier FundGemini Frontier Fund
Terraform LabsTerraform Labs
ZKValidatorZKValidator
Alameda ResearchAlameda Research

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Series B
$28.00M
--
2024-03-20
Andreessen HorowitzAndreessen Horowitz*
Arbitrum / Offchain LabsArbitrum / Offchain Labs
+ 9
Seed
$32.00M
--
2022-03-06
Electric CapitalElectric Capital*
GreylockGreylock*
+ 12