Staging Labs

Staging Labs' primary product offering is Saferoot, an enterprise-grade, on-chain defender of blockchain assets. Saferoot operates as a threat mitigation security layer for businesses, protecting vulnerable assets from mistakes, hacks, and scams. The system works by terminating potentially dangerous transactions in real-time from any wallet before they can be committed on-chain, thereby helping to secure assets from fraudulent actors. As of June 2023, Saferoot supported the Ethereum chain, with plans for multi-chain support​​ in the future.

Key customers and partnerships

In March 2023, Staging Labs announced a collaboration with Forta Network, a decentralized threat detection platform, to integrate Forta’s real-time threat detection technology into Saferoot. In addition, Staging Labs and Forta Network aim to educate users and the wider Web3 community about security best practices and the significance of protecting their assets through the publication of educational content and hosting webinars and workshops, fostering an active community, and more. It also plans to explore new technologies, expand product offerings, and collaborate with other industry stakeholders for a safer Web3​.

Funding and Financials

The company raised USD 1.1 million in a pre-seed funding round in March 2023 from investors such as Flourish Ventures, AlphaGrep, and NGC Ventures. The planned use of the proceeds was not disclosed