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Stelo

Stelo Labs is a developer of an open-source extension designed to keep crypto safe from web3 phishing. The company’s tool has an easy-to-read interface, conducts predictive risk evaluation, and works with NFT marketplaces, Defi and swaps, signatures, and malicious transactions, enabling users to be safe from phishing and understand transactions before signing them.

Seed Round: $6M

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Overview

Project industryPrivacy & Security
Product typeService
FoundedUnited States
WhitepaperStelo White Paper Open

What is Stelo

Stelo protects wallets from scams and phishing so they can discover web3 in security. The company aims to works alongside every wallet. and never accesses a seed phrase or private key.

The Stelo engine performs 3 functions:

  • Simulation & Interpretation - It simulates transactions and interprets signatures to understand the state changes being made by the interaction (assets entering/leaving, approvals being set/revoked, etc.)
  • Enrichment - It enriches any relevant entities (assets, contracts and addresses) with contextual information: labels, prices, links, images, ENS names, owned NFTs, etc.
  • Risk analysis - It evaluates the risk of any interaction and alerts you if any malicious patterns or addresses are detected. Even if the interaction isn't obviously malicious, it includes risk factors that a user should be aware of - like when interacting with a newly deployed contract.

Details

Raised: 6,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: United States
Registration year: 2021
Office address: 1625 North Market Blvd., Suite N 112 Sacramento, CA 95834

Project team

Ben Scharfstein
Ben Scharfstein
Co-founder/CEO
Ben Scharfstein linkedin
Aman Dhesi
Aman Dhesi
Co-founder/CTO
Aman Dhesi linkedin
Doug Binder
Doug Binder
Founding Software Engineer
Doug Binder linkedin
Eli Qian
Eli Qian
Research Fellow
Eli Qian linkedin

Social media

Stelo web-siteStelo LinkedInStelo X (Twitter)Stelo Github

MVP

MVP URL

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