R3
Founded Year
2015Stage
Incubator/Accelerator | AliveTotal Raised
$112MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-68 points in the past 30 days
About R3
R3 is a company focused on the digitization of financial services within the enterprise technology sector. It offers a private, permissioned distributed ledger technology (DLT) platform named Corda, designed to enable secure and direct digital collaboration among regulated institutions. R3's solutions cater to various sectors including banks, central banks, corporates, exchanges, central counterparties, and fintechs, providing services such as tokenization of digital assets and currencies, streamlined inter-bank transactions, and modernization of legacy workflows. It was founded in 2015 and is based in New York, New York.
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R3's Product Videos
ESPs containing R3
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The blockchain interbank payments market refers to the use of blockchain technology to facilitate payments between financial institutions. The companies in this space are focused on boosting payment speed, efficiency, and security. The market is still in its early stages and is driven by the growing demand for solutions that enable real-time payment and settlement between banks.
R3 named as Leader among 10 other companies, including Ripple, Consensys, and Digital Asset.
R3's Products & Differentiators
Corda
The leading distributed application platform powering multi-party workflows in regulated digital finance. Corda was engineered to meet the needs of customers who are operating at scale in regulated environments.
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Research containing R3
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned R3 in 6 CB Insights research briefs, most recently on Mar 2, 2023.
Nov 19, 2022
State of Enterprise Blockchain 2022
Oct 18, 2022
How blockchain could disrupt banking
Sep 12, 2022
What JP Morgan is doing in blockchain and crypto
Expert Collections containing R3
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
R3 is included in 4 Expert Collections, including Blockchain.
Blockchain
9,026 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Insurtech
4,363 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
9,304 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Blockchain 50
100 items
R3 Patents
R3 has filed 81 patents.
The 3 most popular patent topics include:
- cryptography
- cryptocurrencies
- alternative currencies
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/15/2022 | 10/15/2024 | Cryptocurrencies, Block ciphers, Trees (data structures), Cryptography, Broken block ciphers | Grant |
Application Date | 3/15/2022 |
|---|---|
Grant Date | 10/15/2024 |
Title | |
Related Topics | Cryptocurrencies, Block ciphers, Trees (data structures), Cryptography, Broken block ciphers |
Status | Grant |
Latest R3 News
Oct 24, 2024
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […]
R3 Frequently Asked Questions (FAQ)
When was R3 founded?
R3 was founded in 2015.
Where is R3's headquarters?
R3's headquarters is located at 1155 Avenue of the Americas, New York.
What is R3's latest funding round?
R3's latest funding round is Incubator/Accelerator.
How much did R3 raise?
R3 raised a total of $112M.
Who are the investors of R3?
Investors of R3 include Plug and Play Crypto & Digital Assets, Temasek, OUE, TIS INTEC Group, CLS Group and 58 more.
Who are R3's competitors?
Competitors of R3 include Symbiont, Fluency, Digital Asset, Consensys, Polymesh and 7 more.
What products does R3 offer?
R3's products include Corda.
Who are R3's customers?
Customers of R3 include DTCC, HSBC, SDX and Spunta.
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Compare R3 to Competitors
Consensys operates as a blockchain and web3 software company to specializes in decentralized web technologies. The company offers a suite of products including a self-custodial wallet, development tools for Ethereum, smart contract auditing, and Ethereum scaling solutions. It primarily serves developers and organizations within the blockchain and cryptocurrency sectors. Consensys was formerly known as Capital Platinum Systems. It was founded in 2014 and is based in Brooklyn, New York.
Hyperledger is a company that focuses on advancing blockchain technology across various industries. The company offers enterprise-grade blockchain technologies that are used to transform the way business transactions are conducted. These technologies are primarily used in the financial sector, among others. It was founded in 2015 and is based in San Francisco, California.
Digital Asset specializes in blockchain and tokenization solutions within the financial and capital markets sector. The company provides software and services that enable the synchronization of data and transactions across organizational boundaries, facilitating the creation of regulatory-grade digital assets and solutions that streamline reconciliation processes, reduce settlement risks, and support real-time operations. Digital Asset's offerings primarily cater to financial institutions, market infrastructure providers, and technology companies seeking to leverage blockchain technology for capital market applications. It was founded in 2014 and is based in New York, New York.
Avalanche is a smart contracts platform known for its scalability and rapid transaction finality in the blockchain industry. The company offers a suite of tools and services that enable Web3 developers to build and deploy highly-scalable decentralized applications with ease. Avalanche's novel Subnets architecture and compatibility with Ethereum Virtual Machine (EVM) allow for the creation of custom virtual machines and eco-friendly blockchain solutions. It was founded in 2018 and is based in Tortola, Virgin Islands (British).
Algorand provides a secure and decentralized digital currency and transactions platform. It offers an open-source protocol that enables even the smallest transactions, regardless of transaction volume or the number of users. It primarily serves the financial technology industry. The company was founded in 2017 and is based in Singapore.
Hedera operates as a decentralized, enterprise-grade public network designed for the decentralized economy, operating in the blockchain and cryptocurrency domain. The company offers a variety of network services including tokenization, consensus, and smart contracts, enabling users to mint, configure, and manage tokens, verify timestamps, order events, and execute smart contracts. Its native cryptocurrency, HBAR, is used for transactions within its network. Hedera was formerly known as Hashgraph Consortium. It was founded in 2018 and is based in Las Vegas, Nevada.
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