Aleo
Zero-knowledge by design
Reno, United States · Founded 2019 · $200.0M raised
- Headquarters
- Reno, Nevada
- Employees
- 51–200
- 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.
Tech & App Stack
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Funding History
Feb 2022
Investors
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