Web3 Security Company Stelo Labs Closes $6 Million Seed Round Led by a16z
February 17th, 2023

Web3 security company Stelo Labs completed a $6 million seed round of financing led by a16z, First Round Capital, Opensea Ventures, Chainforest, BoxGroup, Pear, Homebrew, Louis Beryl, Sabrina Hahn, Dylan Field, Dan Romero, Gokul Rajaram, Lenny Rachitsky, etc. Participate in voting. Stelo Labs is focused on helping prevent malicious transactions, phishing, and social engineering for Ethereum-based users. Stelo Labs also launched three new products today, Stelo v2, Stelo for developers and Approvals.xyz.

Stelo Labs launched the Stelo extension last September to help users protect their wallets from scams and phishing attacks. Stelo currently supports Ethereum and hopes to expand to other EVM compatible chains in the future.

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