About Algorand Foundation
Algorand Foundation is a company based in Singapore (Singapore) founded in 2019.. Algorand Foundation offers products and services including AlgoKit, Wallets, and Staking Rewards. Algorand Foundation operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and DFINITY, among others.
- Headquarter Singapore, Singapore
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name The Algorand Foundation Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$60.4 M (USD), Token Sale
Jun 19, 2019
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Investors
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Employee Count
Employee Count
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Products & Services of Algorand Foundation
Algorand Foundation offers a comprehensive portfolio of products and services, including AlgoKit, Wallets, and Staking Rewards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-in-one SDK for building secure decentralized applications.
Digital tools for managing and securing Algo tokens.
System for staking tokens to earn real-time rewards.
Funding Insights of Algorand Foundation
- Total Funding Total Funding
- Total Rounds 1
- Last Round Token Sale — $60.4M
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First Round
First Round
(19 Jun 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Token Sale - Algorand Foundation | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Algorand Foundation
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algorand Foundation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algorand Foundation Comparisons
Competitors of Algorand Foundation
Algorand Foundation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solana, Ankr, Mysten Labs, O(1) Labs and DFINITY, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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| domain | founded_year | HQ Location |
A blockchain-based public network is operated for decentralized application development.
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Algorand Foundation
Frequently Asked Questions about Algorand Foundation
When was Algorand Foundation founded?
Algorand Foundation was founded in 2019.
Where is Algorand Foundation located?
Algorand Foundation is headquartered in Singapore, Singapore.
Who is the current CEO of Algorand Foundation?
Staci Warden is the current CEO of Algorand Foundation.
What does Algorand Foundation do?
The Algorand Foundation was established in 2019 in Singapore. A dApps ecosystem platform is operated within the blockchain sector to support decentralized applications. End-to-end traceability is delivered for supply chains, with data integrity and immutability maintained through the Algorand protocol. Operations focus on enabling secure, verifiable transactions across global networks, serving developers and enterprises in the technology industry.
Who are the top competitors of Algorand Foundation?
Algorand Foundation's top competitors include Mysten Labs, Solana and O(1) Labs.
What products or services does Algorand Foundation offer?
Algorand Foundation offers AlgoKit, Wallets, and Staking Rewards.