Flare Networks Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 49

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $35M

  • Investors
  • 19

Flare Networks General Information

Description

Developer of a decentralized contract platform designed to bring contract capability to other blockchains. The company's platform leverages the Ethereum Virtual Machine to acquire and use information from other blockchains and real-world data sources, solving the oracle problem and opening the door to a new era of utility, enabling users to share its contract capabilities with other protocols due to cross-chain interoperability built into its network.

Contact Information

Website
www.flare.network
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Commerce House Wickhams Cay 1
  • PO Box 3140, Road Town
  • Tortola, VG1110
  • British Virgin Islands
Primary Industry
Financial Software
Other Industries
Software Development Applications
Vertical(s)
Cryptocurrency/Blockchain, FinTech
Corporate Office
  • Commerce House Wickhams Cay 1
  • PO Box 3140, Road Town
  • Tortola, VG1110
  • British Virgin Islands

Flare Networks Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Flare Networks Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 24-Feb-2024 $35M Completed Generating Revenue
5. Early Stage VC 02-Mar-2023 Completed Generating Revenue
4. Early Stage VC (Series 1) 08-Jun-2021 Completed Generating Revenue
3. Accelerator/Incubator 01-Mar-2021 Completed Generating Revenue
2. Angel (individual) 01-Jan-2021 Completed Generating Revenue
1. Early Stage VC 06-Nov-2019 Completed Startup
To view Flare Networks’s complete valuation and funding history, request access »

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Flare Networks Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a decentralized contract platform designed to bring contract capability to other blockchains. The company's
Financial Software
Tortola, British Virgin Islands
49 As of 2023

San Francisco, CA
 

San Francisco, CA
 
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Flare Networks Competitors (2)

One of Flare Networks’s 2 competitors is BuildBuddy, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BuildBuddy Venture Capital-Backed San Francisco, CA
Harness Venture Capital-Backed San Francisco, CA
You’re viewing 2 of 2 competitors. Get the full list »

Flare Networks Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Flare Networks Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
DWF Labs Venture Capital Minority
MetaStone Group Venture Capital Minority
Wintermute Ventures Corporate Venture Capital Minority
Backend Capital Venture Capital Minority
Borderless Capital Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

Flare Networks Investments (2)

Flare Networks’s most recent deal was a Early Stage VC with Sentora for . The deal was made on 06-May-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Sentora 06-May-2025 Early Stage VC Financial Software
Fordefi 13-Feb-2024 Seed Round Other Financial Services
To view Flare Networks’s complete investments history, request access »

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Flare Networks FAQs

  • When was Flare Networks founded?

    Flare Networks was founded in 2019.

  • Where is Flare Networks headquartered?

    Flare Networks is headquartered in Tortola, British Virgin Islands.

  • What is the size of Flare Networks?

    Flare Networks has 49 total employees.

  • What industry is Flare Networks in?

    Flare Networks’s primary industry is Financial Software.

  • Is Flare Networks a private or public company?

    Flare Networks is a Private company.

  • What is Flare Networks’s current revenue?

    The current revenue for Flare Networks is .

  • How much funding has Flare Networks raised over time?

    Flare Networks has raised $46.4M.

  • Who are Flare Networks’s investors?

    DWF Labs, MetaStone Group, Wintermute Ventures, Backend Capital, and Borderless Capital are 5 of 19 investors who have invested in Flare Networks.

  • Who are Flare Networks’s competitors?

    BuildBuddy and Harness are competitors of Flare Networks.

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