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Algorand

Algorand?uq=8lCq2teR
2017 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Seed LATEST DEAL TYPE
$4M LATEST DEAL AMOUNT
3 INVESTORS
Description

Developer of a blockchain-based digital currency and transactions platform. The company's open source protocol is positioned to address the blockchain's scaling challenges through rapid and efficient user consensus. It enables the smallest transactions, regardless of transaction volume or number of users, helping users to confirm transactions within seconds and keep transaction costs low.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
  • 459 Chestnut Hill Avenue
  • Brookline
  • Boston, MA 02445
  • United States
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Algorand Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
1. Seed Round 15-Feb-2018 $4M 000 Completed Product Development
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Algorand Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000.0000000 27-Jul-2017 00000 0000000 Financial Software
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Algorand Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Collaborative Fund Venture Capital Minority 000 0000 000000 0
Pillar Companies Venture Capital Minority 000 0000 000000 0
Union Square Ventures Venture Capital Minority 000 0000 000000 0

Algorand Executive Team (1)

Name Title Board
Seat
Contact
Info
Silvio Micali Ph.D Founder