Explore Invity Open Roles at SatoshiLabs (Prague, Czech Republic)

SatoshiLabs· Prague, Czech Republic·2d ago

Role details

Employment

Full-Time

Job description

Invity is building a licensed Bitcoin platform for people who want to use Bitcoin - from their first buy to more advanced strategies.

Culture: Values of Independence, Courage, and Integrity. Employees are empowered to take ownership, make decisions, and drive development without strict corporate guidelines.
Flexibility: Remote-first environment – “office, home, beach” – with core hours alignment. Trust-based time off and focus on work-life balance.
Perks:
- Option to receive salary in Bitcoin.
- On-site gym, yoga classes, MultiSport card subsidy.
- Stacked kitchen with snacks, coffee, fruit; regular breakfast AMAs.
- Recreational areas with foosball, billiards, PlayStation.
- Personal budget for conferences, workshops, courses; in-house language lessons.
- 10 days paid parental leave.
Engineering culture: Open-source contribution encouraged; developers work on wallets, blockchain indexers, secure chip firmware, and crypto protocols. Strong emphasis on security and cryptography.
Open positions: As of mid-2025, ~9 active roles including Product Manager, Senior Firmware Engineer, Cryptographer Team Lead, Security Compliance Manager, and more (see careers page).

One-liner: SatoshiLabs is a Czech technology holding company that creates hardware and software innovations in cryptocurrency and open source, best known as the creator of the Trezor hardware wallet.
Entity Type: Private (bootstrapped, self-owned & independent)
Headquarters: Prague, Czech Republic
Founded: 2013
Founders: Marek “Slush” Palatinus, Pavol “Stick” Rusnák, Alena Vránová

Primary industries: Cryptocurrency security, hardware wallets, blockchain infrastructure, peer-to-peer finance, open-source hardware design.
Target customers: B2C (individuals seeking self-custody of crypto, bitcoin savers) and B2B (mining pool operators, developers needing blockchain indexers); strong focus on the bitcoin community.
Mission or purpose statement: “To help you grab hold of your financial independence and digital security” – empowering individuals through self-sovereignty and decentralized finance.

Trezor: The world’s first cryptocurrency hardware wallet (Trezor Model One & Trezor Model T). Provides secure offline storage for private keys, supports multiple assets, and includes a touchscreen interface on Model T. Type: Hardware + companion software (Trezor Suite).
Invity: A cryptocurrency comparison and exchange platform integrated into Trezor Suite, allowing users to buy, sell, and swap crypto assets. Type: Aggregator / Service.
Tropic Square: An open-source, auditable secure chip design company. Aims to redefine hardware security with transparent chip manufacturing. Type: Hardware IP / Semiconductor.
Vexl: A peer-to-peer Bitcoin trading mobile app that enables direct, discreet, and non-KYC transactions within local communities. Type: Mobile App / Peer-to-Peer Service.
Slush Pool: The first Bitcoin mining pool (now operated as Braiins). Improves network efficiency, democratization, and security. Type: Service (mining pool).
Trezor Blockbook: An open-source blockchain indexer and search engine backend service for finding transaction information. Type: Open-source software / API.

Valuation/Market Cap: Not publicly disclosed.
Key Metric: Annual revenue estimated at $12.4 M (per LinkedIn, likely reflecting the parent entity only; the group as a whole is larger). Total funding not disclosed – the company is self-owned and bootstrapped.
Notable Investors/Partners: No external institutional investors; funded through early pre-orders and organic growth. Partners include the broader Bitcoin open-source community and contributors to BIP39, BIP44, and Shamir Backup standards.
Growth Signals:
- Employs 250+ people across 5 companies (Trezor, Invity, Tropic Square, Vexl, Slush Pool) and operates in 6 countries (Czechia, Slovakia, USA, UK, Georgia, Spain).
- LinkedIn reports 6,346 followers with 24% yearly growth.
- Continues to release new products (Vexl launched 2022; Tropic Square chip development).
- Maintains leadership in hardware wallet market share despite growing competition.

First-mover & standard-setter: Created the first hardware wallet (Trezor) and co-authored industry standards BIP39 (mnemonic seed) and BIP44 (HD wallet path), which are now ubiquitous.
Open-source ethos: All core firmware, software, and chip designs are open-source, enabling community auditing and trust – a rare transparency in security hardware.
Integrated ecosystem: Products work seamlessly together (e.g., Trezor + Invity, Trezor + Blockbook), offering a cohesive experience from storage to trading to blockchain data.
Bitcoin-first + DIY culture: Strong ideological commitment to self-sovereignty, no-KYC tools (Vexl), and resistance to institutional control, attracting passionate users.

Current priorities:
- Expanding the Vexl P2P app to more countries.
- Advancing Tropic Square’s auditable secure chip for use in Trezor and third-party products.
- Deepening the Trezor Suite with DeFi and privacy features.
- Maintaining independence and avoiding VC pressure that could compromise user privacy.
Growth direction: Strengthen the “holding company” model where each subsidiary can innovate independently while sharing security expertise and the SatoshiLabs brand.

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