What Ambire does

Ambire is a product company headquartered in Sofia, Bulgaria, that develops Ambire Wallet, a browser extension Web3 wallet targeting crypto-native consumers and SMB users who interact with DeFi, NFTs, and decentralized applications across EVM-compatible blockchain networks. Founded in 2017 and operating with an 11-50 person team, Ambire distributes the wallet free of charge via browser extension stores (Chrome Web Store, Firefox Add-ons, Brave, Edge, Opera, Arc) under a product-led growth model, with self-serve onboarding via private key, seed phrase, or hardware wallet import.

The wallet's core technical differentiator is its implementation of EIP-7702, which delivers smart wallet features — including sponsored transactions (gas fee skipping) and ERC-20 approval elimination — to standard Externally Owned Accounts without forcing users to migrate to a new address. It supports native integration with Ethereum, Base, Optimism, Arbitrum, Scroll, BNB Chain, and Gnosis, with an instant cross-chain bridge that removes the need to pre-bridge native network fee tokens, automatic token detection via CoinGecko's API, on-network transaction simulation and preview, and native hardware wallet integration with Trezor, Ledger, and Grid+ Lattice. Bitcoin and Solana support are publicly signaled as upcoming. The codebase is open-source, audited, and positioned as privacy-respecting with no user tracking.

Ambire's business model is freemium on the core wallet with monetization routed through the $WALLET utility and governance token, under which token holders receive voting rights on ecosystem decisions, the DAO directs fee revenues to buyback-and-burn, and $WALLET functions as a chain-agnostic network fee token within the wallet. The company raised a $3.2 million round in December 2021 led by LAUNCHub Ventures with participation from Ascensive Assets, Maven Capital, MetaCartel Ventures, Skynet Trading, and Zee Prime Capital; no subsequent funding rounds are disclosed. Co-founders Ivo Georgiev (CEO) and Dimo Stoyanov lead the company, and no institutional ownership, M&A activity, or revenue figures are disclosed in the available source material.

Name

Ambire

Legal name

Ambire

Website

https://ambire.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Ambire is a Sofia-based product company developing Ambire Wallet, a free browser extension Web3 wallet that brings EIP-7702 smart wallet features to EVM users across multiple networks, monetized via the $WALLET governance and utility token.

Ownership category

akta.pro rank

Product category

Web3 Cryptocurrency Wallet

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)

akta.pro secondary industries

Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF), Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC)

Keywords

• Web3 wallet
• Crypto wallet extension
• Smart account wallet
• Defi position tracker
• Hardware wallet integration

Headquarters

HQ city

Sofia

HQ country

Bulgaria

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. $WALLET Token Ecosystem: The $WALLET token serves as the native utility and governance token of Ambire Wallet. Token holders receive governance rights for key ecosystem decisions. The DAO uses fee revenues to buyback and burn tokens. The token also functions as a chain-agnostic network fee token within Ambire Wallet.
2. Core Wallet Services: The core browser extension wallet is provided free to users for basic functionality, with sponsored transactions and gas fee sponsorship enabling user acquisition without direct charges.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Ambire develops and distributes Ambire Wallet, a browser-extension Web3 wallet that lets users send, receive, and swap tokens, manage DeFi positions and NFTs, and interact with dApps across multiple EVM-compatible networks from a single interface. The wallet uses the EIP-7702 protocol to bring smart-account features (gas-fee sponsorship, batched ERC-20 approvals, transaction simulation) to standard externally owned accounts, and integrates natively with Trezor, Ledger, and Grid+ Lattice hardware wallets.

Product overview

Ambire offers a single unified product: the Ambire Wallet browser extension, a Web3 wallet designed to work across EVM-compatible blockchain networks. The product enables users to manage tokens, DeFi positions, decentralized applications, and NFTs in one interface. It complements the core wallet with the $WALLET token, which serves as the native utility and governance token of the ecosystem, enabling holder voting on ecosystem decisions and functioning as a network fee token.

Differentiator

Problem solved

Functional benefit

Brands

• $WALLET: The native utility and governance token of Ambire Wallet. $WALLET gives voice to its holders about key decisions for the development of the Ambire ecosystem. The token benefits from fee revenues, as the DAO uses them to buyback and burn. $WALLET is also a chain-agnostic network fee token within Ambire Wallet.

Products and services

• Ambire Wallet Browser-extension Web3 wallet enabling individual crypto users to send, receive, and swap tokens, manage DeFi positions, NFTs, and dApp interactions across EVM-compatible networks, with smart-wallet features via EIP-7702, sponsored gas transactions, transaction simulation, and native hardware wallet support.
• $WALLET Token Native utility and governance token of the Ambire Wallet ecosystem that grants holders voting rights on key ecosystem decisions, benefits from fee-driven buyback and burn by the DAO, and serves as a chain-agnostic network fee token within Ambire Wallet.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core.

• TrezorcoreTechnology or IntegrationHardware wallet integration allowing Ambire users to connect and use Trezor devices for secure key management and transaction signing.
• LedgercoreTechnology or IntegrationHardware wallet integration allowing Ambire users to connect and use Ledger devices for secure key management and transaction signing.
• Grid+ LatticecoreTechnology or IntegrationHardware wallet integration allowing Ambire users to connect and use Grid+ Lattice devices for secure key management and transaction signing.

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Trust Wallet: Trust Wallet, owned by Binance, is a large multi-chain wallet with broad EVM and non-EVM coverage plus exchange integration. It overlaps Ambire on multi-chain self-custody but is a broader incumbent without Ambire's smart-account/EIP-7702 differentiation.
• Coinbase Wallet: Coinbase Wallet is a self-custody multi-chain wallet backed by a major US exchange. It targets a similar Web3 user base and offers comparable self-custody plus dApp browsing, though without Ambire's EIP-7702 smart-account focus.
• OKX Wallet: OKX Wallet is a multi-chain self-custody wallet from a major exchange, covering EVM and non-EVM networks with built-in DEX aggregation. It competes broadly for the same Web3 power-user persona and is increasingly encroaching on browser-extension territory.

Direct peers

• Zerion Wallet: Zerion is a DeFi-native wallet and portfolio tracker with cross-chain EVM coverage and in-wallet swaps. It competes with Ambire for the same DeFi-active user segment that values automatic position detection and cross-chain execution.
• Phantom: Phantom is a leading multi-chain consumer wallet originally built for Solana and now expanding into EVM, Bitcoin, and more. It competes for the same multi-chain Web3 user segment Ambire targets and is encroaching on EVM from a different starting point.
• Rabby Wallet: Rabby is a DeFi-focused multi-chain browser-extension wallet built by DeBank that competes head-to-head with Ambire on cross-chain EVM coverage, transaction simulation, and DeFi position detection.
• MetaMask (ConsenSys): MetaMask is the dominant EVM browser-extension wallet with the largest installed base. It is the primary direct competitor to Ambire for the same pro-Web3 EVM user persona and is explicitly benchmarked by Ambire in its own FAQ.

Emerging players

• Safe (formerly Gnosis Safe): Safe is a smart-contract wallet infrastructure provider popular with teams, DAOs, and DeFi power users. It overlaps Ambire on smart-account functionality but is more focused on multi-sig and institutional use cases than consumer browser-extension UX.
• Argent: Argent is a mobile-first smart-contract wallet on StarkNet/Ethereum with social recovery and gas abstraction. It targets the same smart-wallet thesis as Ambire but from a mobile, account-abstraction-first rather than EIP-7702-first angle.
• Frame (Ethereum wallet): Frame is an independent Ethereum-focused browser-extension wallet emphasizing privacy, self-custody, and power-user features. It overlaps Ambire on the open-source, privacy-first, EVM-purist positioning but has narrower multi-chain coverage.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AmbireWallet
• GitHubgithub.com/AmbireTech
• YouTubeyoutube.com/@AmbireTech

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ambire