Ultrain
Ultrain is a Hangzhou-based blockchain venture founded in 2017 that builds a high-performance decentralized public blockchain platform. It serves decentralized application developers and is led by co-founders Rui Guo (CEO), Ning Li (CTO), and Emma Liao (CSO), with a team of 11-50 employees.
- Company typePrivate
- Founded2014
- HeadquartersHangzhou, China
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Ultrain does
Ultrain is a Hangzhou, China-based blockchain technology company founded in 2017 that develops a high-performance decentralized public blockchain platform. The company is led by co-founders Rui Guo (CEO), Ning Li (CTO), and Emma Liao (CSO), with Yufeng Shen serving as chief architect, operating with a small team of 11-50 employees. The firm's stated focus is on building next-generation public-chain infrastructure targeted at decentralized applications and developer ecosystems, though the input does not disclose specific protocol design choices, consensus mechanisms, throughput figures, or shipped products.
The company's business model and revenue mechanics are not described in the available data — there is no product catalog, pricing model, customer segmentation, or disclosed revenue. Its go-to-market posture is implied to be a developer- and ecosystem-oriented infrastructure play, typical of Layer-1 blockchain ventures. Ultrain has raised capital across two 2018 funding rounds, including a $20 million Series 2 led by Arrington XRP Capital, DHVC, Draper Dragon, and FBG Capital, and an earlier Series 1 led by 5Y Capital. No subsequent financing activity, partnerships, customer wins, or product launches are documented in the input, which is a material evidence gap for assessing current commercial traction.
Ultrain firmographics
Firmographics- Name
- Ultrain
- Legal name
- Rikvip
- Website
- https://ultrain.io
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ultrain is a Hangzhou-based blockchain venture founded in 2017 that builds a high-performance decentralized public blockchain platform. It serves decentralized application developers and is led by co-founders Rui Guo (CEO), Ning Li (CTO), and Emma Liao (CSO), with a team of 11-50 employees.
- Ownership category
- akta.pro rank
Ultrain industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Computer Systems Design and Related Services (5415), Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)
- akta.pro secondary industry
- Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
Keywords
Where Ultrain is headquartered
LocationHeadquarters
- HQ city
- Hangzhou
- HQ country
- China
- HQ region
- Asia
Offices2 records
Markets served
Ultrain business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Gaming Transactions: Platform takes commission (house edge) from card games, slots, casino, and fishing games. Commission rate described as very small for member benefit.
- Jackpot/Prize Distribution: Operates progressive jackpot systems where house retains portion of bets before distributing winnings
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | One-time | Welcome bonus for new registrations with first deposit |
| Usage-based | Pay-as-you-go | Daily cashback based on total daily bets |
| Subscription | Monthly | VIP tier with enhanced benefits |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Ultrain product offering
Product offeringCore offering
Ultrain develops and operates a next-generation, high-performance decentralized public blockchain platform. The platform is designed to enable enterprises and developers to build and deploy decentralized applications with improved throughput and scalability relative to earlier-generation public blockchains. Its offering centers on the underlying blockchain infrastructure, consensus technology, and developer-facing capabilities rather than end-consumer applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Ultrain Public Blockchain Platform A high-performance, decentralized public blockchain platform built by Ultrain for enterprises and developers to deploy decentralized applications. It provides the underlying distributed ledger infrastructure, consensus, and smart contract capabilities that customers integrate into their own applications.
Quantifiable outcome
- Over 4 million registered members
- +3 more outcomes
Companies that use Ultrain
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Ultrain technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ultrain partnerships and signals
Strategic signalScale indicators4 records
Recent moves2 records
Expansion highlights2 records
Ultrain competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key highlights4 records
Customer concentration
Ultrain social profiles
Digital presenceUltrain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ultrain leadership team
Management profileNumber of profiles
Profiles4 records
Ultrain funding detail
Funding detailFunding overview
Funding rounds2 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ultrain M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ultrain
What does Ultrain do?
Ultrain develops and operates a next-generation, high-performance decentralized public blockchain platform. The platform is designed to enable enterprises and developers to build and deploy decentralized applications with improved throughput and scalability relative to earlier-generation public blockchains. Its offering centers on the underlying blockchain infrastructure, consensus technology, and developer-facing capabilities rather than end-consumer applications.
Is Ultrain a public or private company?
Ultrain is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ultrain founded?
Ultrain was founded in 2014. It employs 11 to 50 people.
Where is Ultrain based?
Ultrain is headquartered in Hangzhou, China, in the Asia region.
How does Ultrain make money?
Two revenue lines are on record. Gaming Transactions are the primary driver. The others are jackpot/Prize Distribution.
Does Ultrain have an API?
No public API is recorded for Ultrain.
What industry is Ultrain in?
Ultrain's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAL, Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned). Its NAICS code is 5415 and its SIC code is 7371.