Startups > ConsenSys

ConsenSys

ConsenSys builds Ethereum infrastructure and enterprise blockchain tools for Web3.

Venture Round $732.5M total Founded 2014 Zug, Zug 700 employees

ConsenSys is a global blockchain infrastructure and software company founded by Ethereum co-founder Joseph Lubin that builds developer tools, enterprise applications, and scaling solutions powered by Ethereum. Its flagship products—MetaMask (self-custodial wallet securing $60B in assets) and Infura (node infrastructure serving millions of transactions)—serve as critical infrastructure for the Web3 ecosystem. The company also develops Linea (Layer 2 scaling), Quorum (enterprise blockchain platform acquired from JPMorgan), and provides smart contract auditing and staking services to enterprises and developers.

Problem solved

Organizations need secure, scalable blockchain infrastructure and tools to build, deploy, and manage decentralized applications and enterprise blockchain solutions on Ethereum.

Target customer

Enterprise organizations, cryptocurrency exchanges, DeFi platforms, and developers building decentralized applications on Ethereum; includes financial institutions (JPMorgan, HSBC), luxury brands (LVMH, Christian Dior), commodity traders, and agricultural companies.

Website LinkedIn Crunchbase

Founders

Joseph Lubin

Founder & CEO

Ethereum co-founder with background in electrical engineering and computer science (Princeton); held VP of Technology roles at Goldman Sachs and founded Consensys in 2014 after co-founding Ethereum in early 2014.

Funding history

Grant (Prize Money) $615K January 29, 2018 Led by Unknown · Unknown

Series C $200M November 17, 2021 Led by Animoca Brands, Coinbase Ventures, HSBC · Third Point, True Capital Management, Marshall Wace, UTA.VC

Series D $450M March 11, 2022 Led by ParaFi Capital · Microsoft, SoftBank, Temasek

Series D (Additional) Undisclosed November 9, 2022 Led by Samsung Venture Investment · Unknown

Series D - II Undisclosed December 15, 2025 Led by C1 Fund · Unknown

Total raised: $732.5M

Industries

Cryptocurrency Mobile Software

Pricing

MetaMask is free to download and use. Enterprise and institutional products use custom pricing not publicly disclosed.

Notable customers

Microsoft, JPMorgan Chase, Cargill, State Farm, Christian Dior, LVMH Group (AURA), Covantis, Komgo, Hala Systems

Integrations

Ethereum blockchain, DeFi protocols, multiple blockchain networks (through MetaMask's extensibility system), JPMorgan systems (Quorum)

Website

consensys.net/

Competitors

Infura (independent/Alchemy)

Alchemy is an alternative node infrastructure provider focused on developer experience; ConsenSys offers broader enterprise solutions beyond infrastructure.

Geth (Ethereum Foundation)

Geth is a free, open-source Ethereum client; ConsenSys provides managed infrastructure and higher-level enterprise applications.

Polygon

Polygon is a Layer 2 scaling solution with different architecture; Linea (ConsenSys' Layer 2) uses zero-knowledge rollups for different trade-offs.

Hyperledger (Linux Foundation)

Hyperledger is a permissioned blockchain framework; Quorum targets enterprise use cases with Ethereum compatibility that Hyperledger doesn't offer.

Why this matters: ConsenSys controls critical infrastructure powering the Ethereum and Web3 ecosystem (MetaMask with 700M+ users, Infura serving major platforms) while simultaneously building enterprise blockchain solutions. Its $732M funding and backing from Microsoft, SoftBank, Samsung, and others validates its role as a bridge between institutional finance and Web3.

Best for: Enterprises, financial institutions, and developers needing Ethereum infrastructure, self-custodial wallets, Layer 2 scaling, or permissioned blockchain solutions for supply chain, trade finance, and luxury goods authentication.

Use cases

Enterprise Blockchain Infrastructure

JPMorgan Chase, Cargill, and State Farm use Quorum to process private transactions securely within permissioned networks. Quorum enables high-throughput processing for enterprise use cases like trade finance and supply chain where transaction privacy and control are critical.

Luxury Supply Chain Authentication

AURA (LVMH Group) leverages Consensys blockchain solutions to track luxury goods from raw materials to retail to second-hand markets. This proves authenticity and ownership history to consumers and prevents counterfeiting.

Commodity Trade Finance

Komgo uses Consensys infrastructure to optimize financing processes for global commodity traders. The blockchain solution accelerates operations and reduces friction in complex multi-party trade finance transactions.

Developer Infrastructure

Developers use MetaMask (700M+ users) and Infura to build and scale DeFi applications, NFT platforms, and other Web3 services. MetaMask's $60B in secured assets shows its critical role in the Web3 ecosystem.

Alternatives

Alchemy Developer-focused node infrastructure with different API design and tooling; ConsenSys offers broader enterprise solutions and MetaMask consumer product.

QuickNode Multi-chain infrastructure provider; ConsenSys is Ethereum-native but offers unique Layer 2 and enterprise solutions.

Hyperledger Fabric Permissioned blockchain framework that's chain-agnostic; Quorum provides enterprise features while maintaining Ethereum compatibility.

FAQ

What does ConsenSys do? +

ConsenSys builds Ethereum infrastructure and enterprise software products. Its flagship products are MetaMask (self-custodial wallet with $60B in secured assets), Infura (node infrastructure serving half a trillion in annual transaction volume), Linea (Layer 2 scaling solution), and Quorum (enterprise blockchain platform from JPMorgan). The company serves developers, enterprises, and financial institutions building Web3 applications and blockchain solutions.

How much does ConsenSys cost? +

MetaMask and Infura are free for most users, with enterprise tiers available. Enterprise and institutional products (Quorum, auditing services, staking) use custom pricing not publicly disclosed. Contact ConsenSys directly for enterprise solutions.

What are alternatives to ConsenSys? +

Alchemy and QuickNode offer node infrastructure like Infura. Hyperledger Fabric provides enterprise blockchain but isn't Ethereum-native. For wallets, Trust Wallet and hardware wallets like Ledger compete with MetaMask. For Layer 2 scaling, Polygon and Optimism are alternatives to Linea.

Who uses ConsenSys? +

Enterprises: JPMorgan Chase, Microsoft, Cargill, State Farm, LVMH Group. Developers and DeFi platforms use MetaMask and Infura. Consortiums like Covantis (agricultural trade), Komgo (commodity finance), and AURA (luxury authentication) use ConsenSys solutions. The customer base spans financial services, supply chain, luxury goods, and Web3 development.

How does ConsenSys compare to Alchemy? +

Both provide Ethereum node infrastructure, but Alchemy is primarily a node/API provider with developer tools. ConsenSys is broader: it owns MetaMask (largest Ethereum wallet), provides Infura infrastructure, operates Linea Layer 2, acquired Quorum for enterprise use cases, and offers auditing and staking. ConsenSys is more of an end-to-end Ethereum platform company, while Alchemy focuses on infrastructure for developers.