How much funding has Aleo raised?

Aleo has raised $200.0M in total funding, most recently a Series B round.

Who are Aleo's investors?

Aleo's investors include Kora Management, SoftBank, Tiger Global, Andreessen Horowitz.

Where is Aleo headquartered?

Aleo is headquartered in Reno, Nevada, United States.

What industry is Aleo in?

Aleo operates in Crypto & Web3.

Aleo

Zero-knowledge by design

Reno, United States · Founded 2019 · $200.0M raised

Crypto & Web3

Headquarters: Reno, Nevada
Founded: 2019
Business Model: B2B
Website: provable.com

Total Funding: $200.0M
Last Round: $200.0M Series BFeb 2022
Rounds: 1

About

Aleo is a Layer-1 blockchain built for private and compliant payments, powered by zero-knowledge cryptography. Founded in 2019 and operated by the Aleo Network Foundation (formerly Provable), it enables institutions and developers to build privacy-first applications — including global payroll, cross-border payments, and digital identity — without exposing sensitive transaction data on public block explorers. Aleo's zero-knowledge proof system ensures transactions and smart contract executions are private by default while remaining verifiable and regulatory-compliant. The network has partnered with Google Cloud and attracted backing from a16z Crypto, SoftBank, and Coinbase Ventures.

Summary

Aleo is a Crypto & Web3 company based in Reno, United States, founded in 2019. It has raised $200.0M in total across 1 round, most recently a $200.0M Series B round in Feb 2022. Investors include Kora Management, SoftBank and Tiger Global.

LinkedIn X (Twitter)GitHub