Succinct

Succinct is making zero-knowledge proofs accessible to any developer.

Developer tools and cloud

Latest funding

$55M Series A · March 21, 2024

Led by Paradigm · Source: axios.com

Funding history ↓

Website: succinct.xyz.

X: @SuccinctLabs · 131,051 followers.

GitHub: succinctlabs.

LinkedIn: succinctlabs.

Category: Developer tools and cloud.

Sectors: Bitcoin, Blockchain, Cryptocurrency, Ethereum.

Stage: Series A.

Based in: San Francisco, United States.

Founded: 2022.

Last round: Mar 21, 2024 · 969 days ago.

Headcount: 11–50 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@SuccinctLabs · created Aug 31, 2022 (4 years old) · 131,051 followers

Website registeredSep 7, 2021 (5 years old)

About Succinct

Write ZKPs with Rust using SP1, a performant, open-source zkVM and generate proofs in 1-click on Succinct’s decentralized prover network.

TIMELINE · MONEY RAISED

Succinct | 926 days from website to first raise on record

@SuccinctLabs·Raised $55M in 1 sourced round·2 signals before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
Mar 21, 2024	Series A	$55M	PParadigm	axios.com

Timeline

August 31, 2022
X account created
September 7, 2021
Website created

Founders and team

UR
Uma Roy Founder

LinkedIn
KJ
Kevin Jue Founding Engineer

Investors

Companies like Succinct

RRISC Zero$40M Series A · Jul 2023
DDemox Labs$4.5M Pre Seed · Jun 2023
NNobodyWho$2.35M Pre Seed · Dec 2025
JJcodePre Seed · Aug 2026
TTestSprite$1.5M Pre Seed · Nov 2024
SSupabaseSeries B+ · Oct 2026

Other companies backed by Paradigm

NNous Research$90M Series B+ · Oct 2026
NNoise$5.5M Seed · Sep 2026
Iidler$9M Seed · Aug 2026
AAntares$370M Series B+ · Jul 2026
GGauntlet$125M Series B+ · Jul 2026
EEDX Markets$76M Series B+ · Jul 2026

Paradigm portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/succinct (get a free API key).