Ava Labs, Inc. Asset Profile

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

Year established

2018

Location

Brooklyn NY US

Primary Industry

Internet

About

Based in New York, US, and founded in 2018 by co-founders Emin Gün Sirer (CEO), Kevin Sekniqi (COO), and Maofan Ted Yin, Ava Labs, Inc. engages in providing a blockchain project solution that primarily helps decentralized finance (DeFi) users and developers. The Ava Labs platform has over 270 industry projects, including Chainlink, SushiSwap, The Graph, and others. In September 2021, Ava Labs raised USD 230 million in venture funding from Polychain Capital, Three Arrows Capital, Lvna Capital, and CMS Holdings, LLC. As of 2021, Ava Labs has offices in New York City and Miami. The company's products include Avalanche, a platform that allows developers to create custom blockchain networks. Developers who build on Avalanche can create secure applications with private or public blockchain networks. The platform offers a consensus engine, virtual machines, chains, and subnets. The platform also offers AvalancheGo, AvalancheJS, Avash, and Avalanche Wallet, and Faucet. The company plans to use its venture funding raised in September 2021 to accelerate its rapid growth of decentralized finance (Defi) and support the Avalanche ecosystem.

Current Investors

Andreessen Horowitz, Initialized Capital, Polychain Capital

Request a demo to show more

Primary Industry

Internet

Sub Industries

Web Applications, Web Development

Website

www.avalabs.org

Verticals

Blockchain, Blockchain

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.