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R3’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

R3 is an enterprise-grade blockchain platform that enables financial institutions to make transactions directly using smart contracts. Read more

R3 is an enterprise-grade blockchain platform that enables financial institutions to make transactions directly using smart contracts. Read more

David E. Rutter's photo - Founder & CEO of R3

Founder & CEO

David E. Rutter

CEO Approval Rating

84/100

Founded:

2013

Status:

Private

SIC Code:

7372 NAICS listing »

Est. Annual Revenue
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Est. Employees
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Sector
Application Software
Blockchain
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Headquarters
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TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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R3's top 9 competitors are Hyperledger, Ethereum Foundation, Blockchain Luxembourg S.A., Blockstream Corporation, Inc., Coinify, Digital Asset, Bitfinex, Ripple and AZA. Together they have raised over 1.7B between their estimated 1.3K employees. R3's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 27.3M. R3 has 249 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 153.

Hyperledger is the top competitor of R3. Hyperledger is a Product/Brand/Service company that was founded in San Francisco, California in 2014. Like R3, Hyperledger also operates in the Blockchain sector. Hyperledger has 171 fewer employees vs. R3.

Ethereum Foundation is seen as one of R3's biggest rivals. Ethereum Foundation was founded in Zug, Zug} in 2013. Like R3, Ethereum Foundation also competes in the Blockchain space. Compared to R3, Ethereum Foundation generates $31M less revenue.

Blockchain Luxembourg S.A. is perceived as one of R3's biggest rivals. Blockchain Luxembourg S.A. was founded in 2011, and is headquartered in London, England. Blockchain Luxembourg S.A. operates in the Transaction Services industry. Blockchain Luxembourg S.A. generates $11.5M less revenue vs. R3.

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Trending News for R3 and R3's Competitors

October 23, 2020

Block Tribune

Blockchain Firm R3 Joins Energy Web To Bring Enterprise-Grade Settlement To The Energy Sector

Energy Web (EW) has announced that blockchain firm R3 has joined as a member of the world's largest e... See more »

October 23, 2020

Finews Asia

Ripple Shortlists Singapore for Move

The blockchain payments company could leave the U.S. over lack of regulatory clarity.... See more »

October 23, 2020

Hedgeweek

Bitfinex supports pNetwork to bring crypto assets cross-chain

Bitfinex supports pNetwork to bring crypto assets cross-chain Submitted 23/10/2020 - 9:54am pTokens, ... See more »

Acquisitions

No recent acquisitions found related to R3

R3 Funding History

$107M$112M

Since R3 was founded in 2013, it has participated in 4 rounds of funding. In total R3 has raised $112.0M. R3's last funding round was on Nov 2018 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Nov 2018
--

Temasek Holdings Pte Ltd

Corporate Round
Jun 2018
--
Corporate Round
May 2018
$5M
Series A
May 2017
$107M

Total Funding: $112M

Since R3 was founded in 2013, it has participated in 4 rounds of funding. In total R3 has raised $112.0M. R3's last funding round was on Nov 2018 for a total of $0

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

$6.6M
Feb 19, 2020
Debt
-
GROW is a web and mobile-based platform that offers trading investment earning solutions to individuals.
$17M
Jul 03, 2019
Series C
-

R3 News

October 22, 2020FinTech InShorts

Acquires e-titleTM's electronic Bill of Lading solution -

R3: Acquires e-titleTM's electronic Bill of Lading solution... See more »
October 21, 2020FinTech InShorts

Announced its partnership with R3 -

Mphasis: Announced its partnership with R3... See more »
October 20, 2020Bitcoin Exchange Guide

R3's Corda Blockchain Network Launches It's First Digital Asset, XDC, Aims to Break Into DeFi Ecosystem

R3 Corda public network announced the launch of its first digital asset, XDC, to build a regulated an... See more »
October 20, 2020Destination Thailand News

R3, the enterprise blockchain software firm is hosting CordaCon, a three-day virtual conference on 20-22 October.

R3, the enterprise blockchain software firm is hosting CordaCon, a three-day virtual conference on 20... See more »
October 20, 2020Business Standard

Mphasis, R3 join hands to develop blockchain-based payments solution

Mphasis, an Information Technology (IT) solutions provider specialising in cloud and cognitive servic... See more »
October 13, 2020Block Tribune

Blockchain Startup Envoy Joins R3's Venture Development Program

Envoy Group has partnered with blockchain firm R3, joining its R3 Ventures Development program. The E... See more »
September 29, 2020CoinDesk

Coda Protocol Changes Name After Trademark Dispute With R3

O(1) Labs-led lightweight blockchain Coda Protocol said that it is relaunching as "Mina," following a... See more »

R3 Blogs

October 2, 2020R3 Blog

Corda Challenge: 5G

Supporting startups build the future of 5G applications on Corda We are delighted to announce the lau... See more »
September 20, 2020R3 Blog

Enterprise Startups: Actionable B2B Sales Tips from R3’s Community

By David Vatchev, R3 Startup innovation helps enterprises to reduce costs, improve customer experienc... See more »
September 9, 2020R3 Blog

Enterprise Blockchain Report by IDC and R3 Highlights Opportunities for Software Firms

By Ben Singh-Jarrold, R3 Analyst house IDC has just published a report with R3-"When to Jump and Wher... See more »
August 27, 2020R3 Blog

Blockchain for Insurance: Insurance Market Report 2020

2020 has marked immense progress in the insurance industry, as the leading blockchain consortia, B3i ... See more »
August 10, 2020R3 Blog

Protected: Building CBDC-Webinar Recap

There is no excerpt because this is a protected post.The post Protected: Building CBDC-Webinar Recap ... See more »
August 10, 2020R3 Blog

Webinar Recap: Building CBDC-The Race to Reality

When it comes to new initiatives that Distributed Ledger Technology (DLT) can support, Central Bank... See more »
July 20, 2020R3 Blog

Webinar recap: Sealing Trust In Global Trade-Towards A Paperless Journey

By Clara Soh and Joanne Ng, R3 Given the current global climate, digital trade is a topic that has be... See more »

R3 Press Releases

April 28, 2019BriefingWire

Oracle Bridge Marco Polo Onboards Three New Members to Its Trade Finance Network

Oracle Bridge Ventures Connecting Value to Markets... See more »
November 13, 2018GlobeNewswire

GuildOne and R3 Join Forces to Provide Blockchain Technologies to Global Oil and Gas Companies Leveraging Amazon Web Services

Advanced data solutions and business intelligence provider transacted first oil and gas royalties blo... See more »
November 5, 2018Business Wire

Blockchain4Media Tackles Ad Fraud with Corda

LOS ANGELES--(BUSINESS WIRE)--#adfraud--Tech Partners Join Forces to Tackle $19B Annual Global Digita... See more »
May 15, 2018EconoTimes

HSBC successfully executes trade finance transaction on R3's blockchain platform

HSBC Singapore completed a transaction using blockchain based on which it shows they perceived that t... See more »
February 14, 2018StreetInsider

GuildOne's Royalty Ledger settles first royalty contract on R3's Corda blockchain platform

GuildOne Inc is pleased to announce the first execution of a royalty smart contract using the Company... See more »
December 20, 2017Business Wire

Aver and HSBlox Announce Strategic Partnership for Bundled Payments Administration Using the R3 CORDA Platform

COLUMBUS, Ohio & ATLANTA--(BUSINESS WIRE)--#BundledPayments--Aver and HSBlox announce strategic partn... See more »

R3 Videos

July 6, 2020R3 Vimeo Channel

"The Art of Demonstrating Prototype Feasibility for Production" on VIMEO

See more »
July 6, 2020R3 Vimeo Channel

"Distributed Ledger Technology and the Regulatory Landscape" on VIMEO

See more »
July 6, 2020R3 Vimeo Channel

"Intelligent Insurer New Kids on the Re/Insurance Blockchain" on VIMEO

See more »
June 18, 2020R3 Vimeo Channel

"Podcast and Chill: Minisode 11 with Eran Tirer and Ronnie Kher" on VIMEO

For this minisode of our podcast Life in the Fast Chain, Catherine sits down with Founder and CEO of ... See more »
June 8, 2020R3 Vimeo Channel

"R3 Fireside Chat hosted by Ivar Wiersma and David Vatchev from R3 with HQLAx's Guido Stroemer." on VIMEO

Check out this fireside chat between Ivar Wiersma and David Vatchev from R3 and HQLAx's Guido Stroeme... See more »
May 29, 2020R3 Vimeo Channel

"Corda Enterprise blockchain fine-tuned for today's business needs-20200527 1401-1" on VIMEO

See more »
May 28, 2020R3 Vimeo Channel

"Podcast and Chill: Minisode 10 with Silvia Attanasio and Katerina Koutoulaki" on VIMEO

Catherine sits down with Silvia and Katerina to talk about the SPUNTA project, spearheaded by ABI.... See more »

Social Statistics

Headquarters

11 West 42nd Street 8th Floor

New York, New York10036

1-646-630-7421

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

R3 is an enterprise-grade blockchain platform that enables financial institutions to make transactions directly using smart contracts. R3 was founded in 2013. R3's headquarters is located in New York, New York, USA 10036. It has raised 112.0M in 4 rou...

CEO

R3's Founder & CEO, David E. Rutter, currently has an approval rating of 84%. R3's primary competitors are Hyperledger, Ethereum Foundation & Blockchain Luxembourg S.A..

Website

r3.com

Frequently Asked Questions about R3

  1. When was R3 founded?

    R3 was founded in 2013

  2. Who is R3's CEO?

    R3's CEO is David E. Rutter

  3. How much revenue does R3 generate?

    R3 generates $35M in revenue

  4. How much funding does R3 have?

    R3 has historically raised $112M in funding

  5. Where is R3's headquarters?

    R3's headquarters is in New York New York, USA

  1. How many employees does R3 have?

    R3 has 249 employees

  2. What sector does R3 operate in?

    R3 is in Application Software, Blockchain

  3. Who are R3's competitors?

    R3's top competitors are Hyperledger, Ethereum Foundation, Blockchain Luxembourg S.A.

  4. Who has R3 invested in?

    R3's has invested in companies such as Lemon Perfect, GROW Super
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