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§ Private Profile · Zug, Zug, Switzerland
Web3 service provider for protocol developers, automating smart contract and rollup maintenance, focused on RaaS and EVM chains.
Gelato Network is a Web3 infrastructure provider that enables smart contract automation and rollup maintenance for decentralized finance and protocol developers across multiple Ethereum Virtual Machine chains. Operating as a decentralized backend service, the organization utilizes a network of nodes to automatically execute and relay transactions without requiring manual intervention. Furthermore, the entity recently expanded its core product suite by introducing a Rollup-as-a-Service platform designed to help new blockchain networks launch with essential infrastructure to attract third-party builders. In September 2021, the protocol secured $11 million through a private token sale, which was immediately followed by an additional $5 million raised via a public sale of its native GEL token. This financing was backed by prominent cryptocurrency investors including Dragonfly, ParaFi, IDEO, Nascent, and Stani Kulechov. The network was founded by Hilmar Orth and Luis Schliesske.
Gelato has raised $271.0M across 3 funding rounds.
Gelato has raised $271.0M in total across 3 funding rounds.
Gelato has raised $271.0M across 3 funding rounds. Most recently, it raised $11.0M Series A in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $11M Series A | Haseeb Qureshi | NFX, Outlier Ventures, True Ventures, Blockchain Capital, Hack VC, SignalFire, Stani Kulechov, Paris Rouzati, DAN Elitzer, Nick Chong | Announced |
| Aug 1, 2021 | $240M Series U | — | Atomico, Blisce, Dawn Capital, Entrée Capital Ventures, FirstMark Capital, Flybridge Capital Partners, Footwork, Highland Capital Partners, Insight Partners, Left Lane Capital, Maveron, Nauta Capital, Norwest Venture Partners, Phenomen Ventures, Slack Fund, Thirty Five Ventures, Giovanni Gardelli | Announced |
| Jun 1, 2018 | $20M Series U | — | Atomico, Dawn Capital, Nauta Capital, Slack Fund | Announced |
Gelato is a technology company founded in 2007 that provides a software platform powering local, on-demand production and distribution of customized products worldwide.[1][3] It connects creators, ecommerce sellers, global brands, and print service providers (PSPs) with a network of 140+ local production partners across 32 countries, enabling scalable business growth without managing inventory, production, or logistics.[1][2][4] Gelato solves inefficiencies in traditional global manufacturing—such as long shipping distances, waste, and overproduction—by routing orders to nearby producers, reducing emissions and supporting local economies while serving the booming demand for personalized ecommerce products like apparel, phone cases, and merchandise.[1][3] With reported revenue of $107M and recognition as one of Fast Company’s Most Innovative Companies of 2025 in Manufacturing, Gelato demonstrates strong growth momentum through AI-powered tools and integrations with platforms like Shopify and Etsy.[1][2][4]
Gelato was founded in 2007 in Oslo, Norway, at a time when the $800 billion printing industry relied on outdated, centralized mass production models despite rising demand for customized prints.[1][5] The idea emerged from recognizing the inefficiencies of shipping products globally—slow, wasteful, and unsustainable—and pivoting to a digital platform that partners with quality local printers worldwide, connected via cloud infrastructure like AWS, Azure, and Aliyun for market-specific needs.[1][5] Early traction came from empowering businesses to shift from bulk orders to on-demand, personalized runs, with explosive global growth including recent expansion into China; key figures like Chief Communications Officer Lars Torstensson have highlighted its disruption of traditional printing for marketing materials and ecommerce.[5] This evolution humanizes Gelato as a bridge between digital creators and local makers, fostering community empowerment from its Norwegian roots.[1][3]
Gelato stands out in the print-on-demand space through these key strengths:
These features earned Gelato its 2025 Fast Company innovation accolade by pioneering mass customization over mass production.[2]
Gelato rides the wave of the creator economy and ecommerce personalization, where demand for custom, on-demand products surges amid trends like direct-to-consumer sales and AI-driven manufacturing.[2][3] Timing is ideal as global ecommerce grows, but traditional printing lags with decades-old distribution; Gelato's platform disrupts this $800B industry by enabling local production hubs, aligning with sustainability mandates and supply chain resilience post-pandemic.[1][5] Market forces like reduced carbon footprints (via shorter shipping) and cost-effective scaling favor it, while integrations with major platforms amplify its ecosystem influence—empowering PSPs, creators, and brands to thrive in fragmented markets like Asia and South America.[3][5] By fueling local economies and automation, Gelato shapes a decentralized manufacturing future, influencing how tech intersects with physical goods production.[2]
Gelato is poised to dominate on-demand manufacturing as AI and ecommerce converge, potentially expanding its network beyond 32 countries and deepening integrations for emerging markets like AR/VR customization.[2][3][5] Trends like stricter emissions regulations and creator tools will propel growth, evolving its influence from print-on-demand leader to full-spectrum digital production OS. Watch for aggressive expansions (e.g., China) and partnerships amplifying its $107M revenue trajectory—redefining global manufacturing starts local, and Gelato's platform makes it unstoppable.[1][5]
Gelato has raised $271.0M in total across 3 funding rounds.
Gelato's investors include Haseeb Qureshi, NFX, Outlier Ventures, True Ventures, Blockchain Capital, Hack VC, SignalFire, Stani Kulechov, Paris Rouzati, Dan Elitzer, Nick Chong, Atomico.