Valory AG

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Valory AG - overview

Established

2021

Location

Zug, -, Switzerland

Primary Industry

Internet

About

Based in Zug, Switzerland, and founded in 2021, Valory AG develops autonomous software systems that connect decentralized web3 apps with centralized services, providing integration and functionality for users. The company was co-founded by David Minarsch (CEO) and David Galindo (CTO). In October 2022, Valory AG raised USD 4 million in seed funding led by investor True Ventures, with participation from other investors ATKA Capital, PrimeBlock Ventures, Proof Group, Semantic Ventures, and Signature Ventures.   The company provides open-source tools for building off-chain protocol applications that combine multi-agent systems and distributed ledger technology.


The company offers Propel, a subscription service that integrates human and software services for organizations of all sizes. They also develop Autonolas, a permissionless blockchain protocol for decentralized off-chain services, and provide Open Autonomy, an open-source framework for developing ownable off-chain services.


Current Investors

True Ventures, Semantic Ventures, Signature Ventures

Primary Industry

Internet

Sub Industries

Web Applications, IT Infrastructure, Accounting/Finance Software

Website

www.valory.xyz

Verticals

Blockchain, Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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