What is Scroll?
Founded in 2021 and headquartered in Mountain View, California, Scroll is dedicated to making Ethereum more accessible and efficient for users. Operating as a Layer 2 network, Scroll processes transactions off the main Ethereum chain before settling them back, a method that dramatically increases transaction throughput and lowers fees. This innovative approach positions Scroll to revolutionize user interaction with blockchain technology by addressing key scalability challenges.
How much funding has Scroll raised?
Scroll has raised a total of $50M across 1 funding round:
Other Financing Round
$50M
Other Financing Round (2023): $50M with participation from Moore Capital Management, Sequoia Capital, Bain Capital, and Polychain Capital
Key Investors in Scroll
Moore Capital Management
Moore Capital Management is a New York-based global investment management firm established in 1989, offering portfolio management and advisory services for private investments.
Sequoia Capital
Sequoia Capital is a venture capital firm with a global track record of partnering with entrepreneurs to create market leaders, investing across venture, growth, and late-stage opportunities.
Bain Capital
Bain Capital is a leading global private investment firm founded in 1984, with a broad platform investing across private equity, growth & venture, capital solutions, credit & capital markets, and real assets.
What's next for Scroll?
With this substantial enterprise-level funding and strategic investment, Scroll is poised for accelerated growth and development. The company is expected to further enhance its Layer 2 technology, expand its ecosystem partnerships, and scale its operations to meet the growing demand for efficient blockchain solutions. This capital infusion will likely fuel research and development, bolster marketing efforts, and strengthen its competitive position in the rapidly evolving blockchain landscape, paving the way for broader adoption of its scaling technology.
See full Scroll company page