Avalanche

New York · Founded 2018 · $392.0M raised

Headquarters
New York
Employees
11–50
Founded
2018
Business Model
B2B2C
Total Funding
$392.0M
Last Round
$350.0M Series BApr 2022
Rounds
2

About

Avalanche is a high-performance, open-source blockchain platform designed for building decentralized applications and enterprise blockchain deployments at scale. Anchored by its novel Avalanche Consensus Mechanism, the network enables near-instant transaction finality and supports the seamless creation of interoperable Layer 1 blockchains with high throughput on both public and private networks. Avalanche was launched in 2020 by Ava Labs, founded by Cornell professor Emin Gün Sirer and two Cornell PhDs, and is headquartered in New York.

Summary

Avalanche is a Crypto & Web3 company based in New York, founded in 2018. It has raised $392.0M in total across 2 rounds, most recently a $350.0M Series B round in Apr 2022.

Tech & App Stack

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Funding History

Series BSeries BApr 2022
$350.0M

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