About Rushi Manche
Rushi Manche co-founded a blockchain technology company that has revolutionized the industry by creating the first network of modular blockchains designed for performance, liquidity, and composability. At a young age, he and his co-founder boldly decided to leave their internships and drop out of Vanderbilt University to pursue their vision. Their determination paid off when they secured $3.4 million in pre-seed funding from over 25 angel investors, which allowed them to assemble a team of over 70 professionals.
By 2023, just a year later, Rushi and his team successfully closed a $38 million Series A funding round. This was a significant achievement, showcasing his ability to attract top-tier investors, including Hack VC, Paceholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs.
Rushi’s Vision for Blockchain Innovation
Rushi, a digital native and a member of Generation Z, was unafraid to take risks. He focused on building a blockchain ecosystem that enabled developers to create secure applications that could seamlessly interact across multiple networks. His belief in blockchain technology was founded on its ability to provide more security and efficiency than traditional systems, making it a perfect fit for business and financial applications.
Rushi’s company’s modular approach helps break down complex tasks into separate layers, each with a specific function that can be independently managed. This system enables greater flexibility, scalability, and adaptability, allowing developers to cater to various needs while ensuring high levels of security.
The Motivation Behind Rushi’s Blockchain Company
Rushi was inspired to enter the blockchain industry by the untapped potential in advanced blockchain programming, especially a system developed by Meta (formerly Facebook). While others overlooked its possibilities, he saw the opportunity to leverage this language to improve blockchain security and performance, creating a new standard for the industry.
The company’s introduction of a Layer-2 (L2) solution, built using advanced Ethereum virtual machine technology, provided users with a faster and more secure infrastructure. This development emphasized Rushi’s commitment to ensuring that blockchain systems could be safe and fast, pushing against the industry’s tolerance for multimillion-dollar hacks.
Additionally, Rushi launched a token, a cryptocurrency tied to his company’s blockchain platform, further solidifying his presence in the blockchain space.
Rushi’s Background and Professional Experience
Rushi’s interest in software engineering and cryptocurrency began before college. Before founding his blockchain company, he worked as a software engineer at the Aptos Project for three months. During this time, he was the Smart Contract Developer for the Kairos Exchange and Mira Finance, a cross-chain index fund project.
In addition to his blockchain work, Rushi founded Ensemble, the world’s first AI-powered test prep tutoring service. Ensemble provides free test prep resources to high school students, and he partnered with 53 high schools across the United States to integrate the service into their educational programs.
Rushi’s experience includes three months as a Software Engineer at UnitedHealth Group, where he led the migration of seven APIs to AWS cloud computing, resulting in an 84% cost reduction. He also worked on transitioning the company’s tech stack to allow for dynamic autoscaling and multiregional support.
As a freelancer, Rushi contributed his expertise as a Full Stack Developer for Stories In the Cloud, where he revamped the user and admin portal and handled DevOps using AWS services.
Educational Background and Certifications
Rushi holds a Seal of Biliteracy in French and has earned several certifications through Udemy. His coursework spans various fields, including Machine Learning, Blockchain Development, and Python programming. These certifications demonstrate his commitment to enhancing his technical skills and staying at the forefront of technology.
Honors and Accomplishments
Rushi’s impressive achievements extend beyond his entrepreneurial endeavors. He has received numerous awards for his academic and extracurricular pursuits. In 2021, he was awarded the Ingram Scholarship at Vanderbilt University, recognizing his academic excellence and commitment to solving complex societal problems. He also received the Burger King McLamore and Coca-Cola Scholarship Semifinalist awards.
Further recognition came with his achievement as a National AP Scholar and receipt of the Certified Young Investment Analyst Designation. Rushi also won the New Jersey State Stock Pitch Competition and earned the Diamond Challenge Entrepreneurship Competition award.
In addition, Rushi was honored with the prestigious 2020 New Jersey State Governor’s Jefferson Award for his community service and public impact. He was also a finalist in the Seton Hall Pirates Pitch Business Plan competition, finishing in the top four percent of global competitors.
Commitment to Charitable Work
Rushi’s commitment to charity work is deeply rooted in his family’s traditions. Over the past decade, he and his family have supported numerous initiatives in India, including children’s hospitals, heart research, and healthcare projects. He has been involved in community service since high school, volunteering for organizations like UNICEF and the Samaritan Homeless Interim Program.
Personal Life
Born in Springfield, Illinois, Rushi enjoys staying active through basketball, traveling, and spending time in nature. His interests reflect a well-rounded lifestyle, balancing his work in technology with a passion for physical activity and exploration.
Bold decisions and a consistent drive for innovation have marked Rushi Manche’s journey. With his leadership in the blockchain space, he continues to pave the way for advancements in the tech industry.
