What is Scroll?
Founded in 2021 and headquartered in Mountain View, California, Scroll is dedicated to enhancing the accessibility and efficiency of the Ethereum network. As a Layer 2 scaling solution, Scroll processes transactions off-chain before settling them on the main Ethereum chain. This innovative approach dramatically increases transaction speeds and reduces associated costs, aiming to revolutionize user interaction with blockchain technology. The company's focus on a scalable and cost-effective Ethereum experience positions it as a key enabler for broader blockchain adoption.
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 Sequoia Capital, Polychain Capital, Moore Capital Management, and Bain Capital
Key Investors in Scroll
Sequoia Capital
Sequoia Capital is a prominent venture capital firm known for its long-term investment approach and active partnership with entrepreneurs. They invest across venture, growth, and late-stage opportunities, with a global track record of backing market leaders.
Polychain Capital
Polychain Capital is an investment firm specializing in cryptocurrency protocols and blockchain-based assets, established in 2016 and based in San Francisco.
Bain Capital
Bain Capital is a global private investment firm with a broad platform encompassing Private Equity, Growth & Venture, and Credit & Capital Markets. They focus on creating lasting impact through strategic investments and operational expertise.
What's next for Scroll?
The substantial enterprise-level backing and recent strategic investment signal a strong vote of confidence in Scroll's technological roadmap and market potential. This financing is anticipated to fuel further research and development, enhance network infrastructure, and expand its ecosystem partnerships. Scroll's trajectory suggests a focus on scaling its Layer 2 solution to accommodate a growing user base and increasing transaction volumes, solidifying its position as a leader in the Ethereum scaling race. The company is poised to play a critical role in the evolution of decentralized applications and the broader Web3 landscape.
See full Scroll company page
