Algorand Technologies Overview
- Year Founded
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2017
- Status
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Private
- Employees
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95
- Latest Deal Type
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Later Stage VC
- Investors
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65
Algorand Technologies General Information
Description
Developer of a blockchain-based transactions platform designed to address blockchain's scaling challenges. The company's open-source platform addresses blockchain scalability problems through a permissionless, rapid and efficient user consensus along with permitting small transactions regardless of transaction volume, enabling users to make blockchain transactions within seconds at low transaction costs.
Contact Information
Website
www.algorandtechnologies.comCorporate Office
- 1 George Street
- Suite 10-01
- Singapore, 049145
- Singapore
Corporate Office
- 1 George Street
- Suite 10-01
- Singapore, 049145
- Singapore
Algorand Technologies Timeline
Algorand Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | Completed | Generating Revenue | ||||
| 5. Later Stage VC (Series B) | 11-Mar-2022 | Completed | Generating Revenue | |||
| 4. Debt - General | 04-Feb-2022 | Completed | Generating Revenue | |||
| 3. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 2. Early Stage VC (Series A) | 24-Oct-2018 | $62M | $66M | Completed | Generating Revenue | |
| 1. Seed Round | 15-Feb-2018 | $4M | $4M | Completed | Generating Revenue |
Algorand Technologies Comparisons
Industry
Financing
Details
Algorand Technologies Competitors (27)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Kraken | Venture Capital-Backed | San Francisco, CA | ||||
| Qtum | Venture Capital-Backed | Miramar, FL | ||||
| R3 | Venture Capital-Backed | New York, NY | ||||
| Polkadot | Venture Capital-Backed | Zug, Switzerland | ||||
| Blockchain.com | Venture Capital-Backed | London, United Kingdom |
Algorand Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Algorand Technologies Patents
Algorand Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210303195-A1 | Enabling erasure of sensitive information in a blockchain | Inactive | 26-Mar-2020 | ||
| CA-3172331-A1 | Enabling erasure of information in a blockchain | Pending | 26-Mar-2020 | ||
| EP-4128000-A1 | Enabling erasure of information in a blockchain | Pending | 26-Mar-2020 | ||
| AU-2021241654-A1 | Enabling erasure of information in a blockchain | Inactive | 26-Mar-2020 | ||
| US-20220374886-A1 | Performing transactions using private and public blockchains | Pending | 08-Nov-2019 | G06Q20/02 |
Algorand Technologies Executive Team (10)
| Name | Title | Board Seat |
|---|---|---|
| Jacopo Cecchi | Chief Operating Officer | |
| Gary Malouf | Chief Technology Officer | |
| Michele Quintaglie | Chief Marketing and Communications Officer | |
| Daniel Mendes | Head of Finance | |
| Yossi Gilad Ph.D | Head of Systems Research |
Algorand Technologies Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| Alberto Cribiore | Self | Board Member | |
| Jamie Goldstein | Pillar VC | Board Member | |
| Nick Grossman | Union Square Ventures | Board Member |
Algorand Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Algorand Technologies Investors (65)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACME Capital | Venture Capital | Minority | ||
| Andromeda Capital | Venture Capital | Minority | ||
| Chainfund Capital | Venture Capital | Minority | ||
| Cogitent Ventures | Venture Capital | Minority | ||
| Cognitive Blockchain Capital | Venture Capital | Minority |
Algorand Technologies Investments & Acquisitions (39)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Y9 Bank | 01-Sep-2024 | Other Commercial Banks | |||
| The Rights | 16-Apr-2024 | Business/Productivity Software | |||
| Anterdit | 01-Feb-2024 | Business/Productivity Software | |||
| Defly | 01-Feb-2024 | Other Financial Services | |||
| Triangle (Financial Software) | 20-Mar-2023 | Seed Round | Financial Software |
Algorand Technologies Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Napster | Entertainment Software | Seattle, WA |
Algorand Technologies Exits (5)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| PlanetWatch | 26-Jan-2023 | Completed |
|
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| Drone Racing League | 23-Jun-2022 | Completed |
|
||
| T.E.A.M DAO | 28-Apr-2022 | Completed |
|
||
| 3GO | 01-Jan-2022 | Completed |
|
||
| Protego Trust Bank | 01-Dec-2021 | Early Stage VC | Completed |
|
Algorand Technologies FAQs
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When was Algorand Technologies founded?
Algorand Technologies was founded in 2017.
-
Who is the founder of Algorand Technologies?
Silvio Micali Ph.D is the founder of Algorand Technologies.
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Where is Algorand Technologies headquartered?
Algorand Technologies is headquartered in Singapore, Singapore.
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What is the size of Algorand Technologies?
Algorand Technologies has 95 total employees.
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What industry is Algorand Technologies in?
Algorand Technologies’s primary industry is Financial Software.
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Is Algorand Technologies a private or public company?
Algorand Technologies is a Private company.
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What is Algorand Technologies’s current revenue?
The current revenue for Algorand Technologies is .
-
How much funding has Algorand Technologies raised over time?
Algorand Technologies has raised $69M.
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Who are Algorand Technologies’s investors?
ACME Capital, Andromeda Capital, Chainfund Capital, Cogitent Ventures, and Cognitive Blockchain Capital are 5 of 65 investors who have invested in Algorand Technologies.
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Who are Algorand Technologies’s competitors?
Kraken, Qtum, R3, Polkadot, and Blockchain.com are some of the 27 competitors of Algorand Technologies.
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