Stelo Labs Raises $6 Million

Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at Google, and Dhesi held roles at Facebook, DoorDash and Square. Stelo Labs’ goal is to make web3 safe and understandable for everyone. Stelo Labs focuses on helping prevent malicious transactions, phishing and social engineering for Ethereum-based users.