Sindri Secures $5M Seed Round to Grow Its Zero-Knowledge Tech Platform

The Denver-based company helps developers accelerate their workflows by incorporating zero-knowledge infrastructure.

Published on Dec. 08, 2023
Sindri Secures $5M Seed Round to Grow Its Zero-Knowledge Tech Platform
A group of developers discusses computer code.
Photo: Shutterstock

Sindri, a zero-knowledge-proof infrastructure platform, has closed a $5 million seed financing round led by CoinFund. The funding will support Sindri’s platform, which aims to verify the integrity of the world’s data by helping builders and organizations build with zero-knowledge technology. 

Denver-based Sindri provides tools to foster innovation and maximize developer productivity. Zero-knowledge proofs allow parties to verify cryptographic statements while preserving privacy and improving scalability. However, the complexity of existing options and the creation of in-house zero-knowledge proving infrastructure can overwhelm developers. Sindri aims to address this by offering a framework-agnostic platform that streamlines developer productivity while providing low-latency deployment and scalability.

With its fresh funding, the company will invest in scaling its team, growing its developer network and building an advanced zero-knowledge developer stack.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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