It develops zero-knowledge proof technology that compresses information to address the scalability problem of the blockchain, and works on the Ethereum platform.

[6] The institute claimed that Ben-Sasson established StarkWare clandestinely, for his academic research without consent and demand 50% of his stake in the company.

It was led by Paradigm, along with other VCs such as Sequoia, DCVC, Pantera Capital, Wing, Alameda Research, and Founders Fund.

[11] In May 2022 StarkWare raised 100 million in a Series D round led by Greenoaks Capital and Coatue Management,[12] bringing its value to $8 billion.

[2] Starkware's scientific advisors include: Avi Wigderson, Shafi Goldwasser, Noam Nisan and Madhu Sudan.

[7] It was founded on the basis of a theoretical research conducted by Ben-Sasson and Riabzev and others at the Technion in addition to mathematical models of zero knowledge proofs.