SourceHat Labs
SourceHat Labs Inc. is a private Web3 security and development firm based in Ashburn, Virginia, providing smart contract auditing and development services to blockchain projects building tokens, NFTs, marketplaces, and DeFi protocols.
- Company typePrivate
- Founded2020
- HeadquartersArlington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What SourceHat Labs does
SourceHat Labs Inc. is a private Web3 security and development services firm headquartered at 44724 Tiverton Sq, Ashburn, Virginia, founded in 2020 and operating with 11-50 employees. The company serves blockchain and decentralized application projects — spanning tokens, NFTs, crowdsales, marketplaces, and financial protocols — that require pre-mainnet security verification of their smart contracts. Its core product, Smart Contract Audits, is delivered through a six-phase methodology comprising onboarding, automated testing, in-depth manual review, resolution of issues, internal peer review, and publication of the final audit report, combining static analysis and automated tooling with manual review by experienced Solidity auditors. A secondary product, Smart Contract Development, provides end-to-end Web3 engineering support to help projects reach mainnet readiness.
The business operates on a fee-for-service professional services model with custom quote-based pricing, a sales-led GTM motion, and an inbound demand funnel driven primarily by community channels (Telegram, Discord, GitHub, LinkedIn, Twitter) and website CTAs offering free quotes and scheduled consultation calls. The company is privately held, discloses no parent entity, no funding rounds, and no revenue figures, and is led by co-founder and CEO Matthew C. Pilsbury, co-founder and CTO Ares N. Vlahos, and co-founder and COO Daniel P. Johnson. Publicly reported scale metrics are modest — 30+ smart contracts reviewed, 6+ complete audits, and 8+ critical findings — and the firm recently completed a corporate rebrand from a prior undisclosed name.
SourceHat Labs firmographics
Firmographics- Name
- SourceHat Labs
- Legal name
- SourceHat Labs Inc.
- Website
- https://sourcehat.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SourceHat Labs Inc. is a private Web3 security and development firm based in Ashburn, Virginia, providing smart contract auditing and development services to blockchain projects building tokens, NFTs, marketplaces, and DeFi protocols.
- Ownership category
- akta.pro rank
SourceHat Labs industry classification
Industry- Product category
- Blockchain Security Services
- NAICS
- Testing Laboratories and Services (541380), Custom Computer Programming Services (541511)
- SIC
- Services-Testing Laboratories (8734), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Smart Contract Auditing & Formal Verification (FSAPAJAA)
- akta.pro secondary industry
- Smart Contract Security Tooling (static/dynamic analysis, formal verification) (FSAPABAI)
Keywords
Where SourceHat Labs is headquartered
LocationHeadquarters
- HQ city
- Arlington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SourceHat Labs business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Smart Contract Audits: Fee-for-service professional services model providing security audits for Web3 projects. Services include auditing tokens, NFTs, crowdsales, marketplaces, and financial protocols.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
SourceHat Labs product offering
Product offeringCore offering
SourceHat Labs provides professional smart contract security audit services and Web3 development services for blockchain projects. The smart contract audit offering uses a six-stage methodology combining static analysis, automated tools, and manual review by experienced Solidity auditors to identify vulnerabilities in tokens, NFTs, crowdsales, marketplaces, and financial protocols. The development service assists Web3 projects in launching on mainnet.
Product overview
SourceHat Labs operates as a Web3 security and development services company offering two primary service lines: Smart Contract Audits and Smart Contract Development. The Smart Contract Audits service is a multi-phase security review process that includes static analysis, automated testing tools, and manual review by experienced Solidity auditors. The Smart Contract Development service provides end-to-end Web3 development assistance to help projects reach mainnet readiness. Both services are positioned as affordable yet intensive offerings targeting blockchain projects in the token, NFT, DeFi, and marketplace verticals.
Differentiator
Problem solved
Functional benefit
Products and services
- Smart Contract Audits Security audit services for smart contracts covering tokens, NFTs, crowdsales, marketplaces, and financial protocols. The service employs a multi-phase methodology including onboarding, automated testing, in-depth manual review, issue resolution, internal peer review, and final audit report publication. It is targeted at Web3 and blockchain project teams preparing for mainnet launch.
- Smart Contract Development Web3 development services to help projects launch on mainnet, built by blockchain professionals with expertise across tokens, NFTs, crowdsales, marketplaces, and financial protocols. Targeted at blockchain project teams that need end-to-end development support.
Quantifiable outcome
- $0+ Billion USD worth of contracts secured
- +2 more outcomes
Companies that use SourceHat Labs
Customer profileSegments1 record
Ideal customer profiles1 record
SourceHat Labs technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
SourceHat Labs partnerships and signals
Strategic signalScale indicators4 records
Recent moves4 records
Expansion highlights4 records
SourceHat Labs competitors and assessment
Company assessmentDirect peers
- Trail of Bits: Security engineering firm with a strong smart contract audit practice serving protocols, foundations, and exchanges. Comparable to SourceHat in delivery model and target customer base in Web3 security.
- CertiK: The largest dedicated smart contract and blockchain security firm, offering audits, formal verification, and on-chain monitoring. Directly competes with SourceHat for Web3 audit engagements across tokens, DeFi, and NFT projects.
- OpenZeppelin: Provides smart contract security audits alongside open-source developer libraries and security tooling. Competes head-to-head with SourceHat on audits and overlaps on the development services side of the offering.
- Hacken: Web3 cybersecurity firm offering smart contract audits, bug bounties, and security scoring. Competes with SourceHat across the same token, DeFi, and NFT audit market.
- Quantstamp: Smart contract audit and blockchain security company with automated tooling plus manual review. Directly comparable in service mix to SourceHat's audit offering.
- ChainSecurity: Smart contract auditing firm spun out of the Ethereum research community, with deep formal verification expertise. Competes with SourceHat for high-assurance protocol audits.
- SlowMist: Blockchain security firm specializing in smart contract audits, on-chain analytics, and incident response. Comparable to SourceHat in audit focus and Web3-native positioning.
- PeckShield: Smart contract audit and blockchain security company with broad DeFi and token audit coverage. Directly comparable in audit methodology and customer segments to SourceHat.
- Consensys Diligence: The audit arm of Consensys, focused on Ethereum smart contract security reviews. A direct competitor targeting the same Web3 project teams as SourceHat, including DeFi protocols and token launches.
Emerging players
- Runtime Verification: Formal verification-focused smart contract auditor serving high-assurance blockchain clients. Adjacent competitor with overlapping methodology (formal verification) but a more research-oriented profile than SourceHat's broader audit practice.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
SourceHat Labs social profiles
Digital presenceSourceHat Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
SourceHat Labs leadership team
Management profileNumber of profiles
Profiles3 records
SourceHat Labs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SourceHat Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SourceHat Labs
What does SourceHat Labs do?
SourceHat Labs provides professional smart contract security audit services and Web3 development services for blockchain projects. The smart contract audit offering uses a six-stage methodology combining static analysis, automated tools, and manual review by experienced Solidity auditors to identify vulnerabilities in tokens, NFTs, crowdsales, marketplaces, and financial protocols. The development service assists Web3 projects in launching on mainnet.
Is SourceHat Labs a public or private company?
SourceHat Labs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SourceHat Labs founded?
SourceHat Labs was founded in 2020. It employs 11 to 50 people.
Where is SourceHat Labs based?
SourceHat Labs is headquartered in Arlington, United States, in the North America region.
How does SourceHat Labs make money?
One revenue line is on record: smart Contract Audits.
Who are SourceHat Labs's main competitors?
Direct peers on record are Trail of Bits, CertiK, OpenZeppelin, Hacken, Quantstamp, ChainSecurity, SlowMist, PeckShield and Consensys Diligence. Runtime Verification is listed as an emerging player.
Does SourceHat Labs have an API?
No public API is recorded for SourceHat Labs.
What industry is SourceHat Labs in?
SourceHat Labs's product category is Blockchain Security Services. Its primary akta.pro industry code is FSAPAJAA, Smart Contract Auditing & Formal Verification, with a secondary code of FSAPABAI, Smart Contract Security Tooling (static/dynamic analysis, formal verification). Its NAICS code is 541380 and its SIC code is 8734.