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Algorand

399 Boylston Street Suite 800, Boston, MA, 02116, United States

Overview

Blockchain platform addressing scaling challenges with efficient consensus.

Founded

2017

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Estonia
France
United States

Sector focus

Blockchain
Cryptocurrency
FinTech
Smart Contracts

Investment portfolio

6rounds
NAMEDATESIZE
PlanetWatch
Jan 2023Participated
$3 MOther Equity
Neomoon
Jun 2022Participated
$0.85 MSeed
TravelX
Mar 2022Participated
$10 MSeed
Ethernal Labs
Feb 2022Participated
$20 MSeed
MyCointainer
Jan 2022Participated
$6 MSeed
ClimateTrade
Jan 2022Participated
$8 MSeries A
PlanetWatch
Jan 2023Participated
$3 MOther Equity
Neomoon
Jun 2022Participated
$0.85 MSeed
TravelX
Mar 2022Participated
$10 MSeed
Ethernal Labs
Feb 2022Participated
$20 MSeed
MyCointainer
Jan 2022Participated
$6 MSeed
ClimateTrade
Jan 2022Participated
$8 MSeries A
6
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Insights

Time horizon

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Deal Distribution

Algorand: 6 funding rounds are recorded in the selected participation categories.All available history.
Algorand: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed04
Series A01
Other Equity01

Monthly Deal Activity

Algorand: 6 deals are recorded across 58 months.All available history.
Algorand: 6 deals are recorded across 58 months. All available history
MonthDeals
Jan '222
Feb '221
Mar '221
Apr '220
May '220
Jun '221
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Algorand: Crypto & Blockchain is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Algorand: Crypto & Blockchain is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
Crypto & Blockchain6
Fintech3
Networks, Cloud & Communication2
Travel & Hospitality1
AI & Machine Learning1
AR/VR1
Professional Services1
Clean Energy & Sustainability1
Data, Analytics & IT1
Developer Tools1

Deal Size Distribution

Algorand: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Algorand: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M2
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Algorand: United States has the largest recorded deal count among the displayed regions (4 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Algorand: United States has the largest recorded deal count among the displayed regions (4 deals). All available history
RegionDeals
United States4
Europe2
Algorand: 20 co-investors are shown, with Borderless Capital sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Algorand: 20 co-investors are shown, with Borderless Capital sharing 4 recorded deals. All available history
Co-investorShared deals
Borderless Capital4
Algorand Foundation2
1inch1
Algorand Miami Accelerator1
Amasia1
Ankr1
Banter Capital1
Big Brain Holdings1
Black Edge Capital1
Bybit1
Casper Labs1
Circle1
ClearSky1
Coinlist1
ConsenSys1
Draper Cygnus1
dY/dX1
Enjin1
GED1
Kenetic Capital1

Investment Strategy

Algorand: Led accounts for 0% and participating for 100% of round participation.All available history.
Algorand: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating6100%
Algorand: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Algorand: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Jing Chen

Chief Scientist

Joel Carben

Algorand Ambassador

John Jannotti

Head of Applied Research

Massimo Morini

Chief Economist

Matthew Commons

Chief Financial Officer

Silvio Micali

Founder

Steve Kokinos

CEO

W. Sean Ford

Chief Operating Officer