IOST Foundation
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IOST Foundation - overview
Established
2017
Location
Singapore, -, Singapore
Primary Industry
Software
About
Based in Singapore, IOST Foundation specializes in scalable blockchain solutions, providing a decentralized platform for the development of decentralized applications (dApps) and smart contracts, enhancing operational efficiency across various industries. IOST Foundation was founded in 2017 in Singapore. The company focuses on delivering blockchain technology solutions and has raised USD 21. 00 mn in its latest funding round co-led by DWF Labs, Presto Ventures, and Rollman Management Ltd.
The firm has completed one deal to date, with the most recent funding round occurring on June 6, 2025. iost. io is a technology company that specializes in providing robust blockchain solutions designed for scalability and speed. Its core product offerings include a decentralized platform that aims to facilitate the development and deployment of decentralized applications (dApps) and smart contracts.
The platform operates using a unique consensus algorithm that enhances transaction throughput and reduces latency, addressing common challenges faced in blockchain technology, such as network congestion and slow processing times. Primary use cases for iost. io's technology include financial services, supply chain management, and digital identity verification, enabling businesses to enhance operational efficiency and security. The company's clientele spans various industries, including fintech startups and enterprises, primarily targeting markets in Asia and North America, where there is a growing demand for innovative blockchain applications.
The revenue model for iost. io is structured around a combination of transactional fees and service subscriptions, which cater to both individual developers and enterprise clients. Businesses using the platform may engage in transactions that involve paying fees for the deployment of dApps or smart contracts, thus generating revenue for the company. Additionally, the company may offer tiered subscription plans that provide varying levels of access to its services, including premium features and enhanced support.
Flagship products, such as their proprietary blockchain infrastructure, are integral to the transaction process, ensuring that clients can efficiently leverage the platform for their specific needs. The clear pricing structures associated with these products ensure that clients can predict costs based on their usage and service requirements. In June 2025, IOST Foundation raised USD 21. 00 mn in venture funding, which will be utilized to support the further development of its product and growth initiatives.
The company plans to introduce new products aimed at enhancing its blockchain offerings. Additionally, IOST Foundation is looking to expand its reach into new markets, particularly targeting regions in Asia and North America, where demand for decentralized applications is increasing.
Current Investors
Presto Ventures, DWF Labs, Rollman Management Ltd.
Primary Industry
Software
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.iost.io
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

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