Algorand

investment firm

About

Algorand is a scalable, secure and decentralized digital currency and transactions platform.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$62M
Industries
Blockchain,Cryptocurrency,FinTech
Founded date
Jan 1, 2017
Operating Status
Active
Legal Name
Algorand, LLC

Algorand is positioned to address the blockchain’s scaling challenges through rapid and efficient user consensus, enabling even the smallest transactions, regardless of transaction volume or number of users.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$132M
Algorand has raised a total of $132M in funding over 2 rounds. Their latest funding was raised on Aug 31, 2020 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 31, 2020 Series Unknown 1 Borderless Capital Detail
Mar 4, 2020 Seed 1 Detail
Jun 19, 2019 Initial Coin Offering $60M Detail
May 31, 2019 Seed 2 Detail
Apr 20, 2019 Secondary Market 1 Detail

Funds Raised

Announced Date Fund Name Money Raised
Sep 13, 2021 Algorand Foundation Fund $300M

Investments

Number of Investments
Number of Lead Investments
11
2
Algorand has made 11 investments. Their most recent investment was on Aug 24, 2022, when Distributed Finance raised $2.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Seed $2.50M Blockchain
Aug 18, 2022 Koibanx
Series A $22M Bitcoin Yes
May 6, 2022 Neomoon
Seed $850K Banking
Apr 20, 2022 MOSAIC
Pre-seed $250K Blockchain
Mar 15, 2022 TravelX
Seed $10M Blockchain

Investors

Number of Lead Investors
Number of Investors
3
22
Algorand is funded by 22 investors. Borderless Capital and Pillar VC are the most recent investors.
Investor Name Lead Investor Funding Round
Borderless Capital Yes Series Unknown
Pillar VC Yes Seed
Tor Kenz Capital Seed
Harrison Uffindell Seed
ICONIUM Seed
Krenex Capital Secondary Market
Bixin Ventures Series Unknown
COIND Series Unknown
Digital Asset Capital Management Series Unknown
Eterna Capital Series Unknown

Employee Profiles

Number of Employee Profiles
17
Algorand has 17 current employee profiles, including Executive John Jannotti
Executive
Executive
Executive
Employee
Executive