About Algorand
Algorand is a company based in Singapore (Singapore) founded in 2019. It operates as a Blockchain-as-a-Service. Algorand offers products and services including AlgoKit and Algorand Blockchain.
- Headquarter Singapore, Singapore
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Sectors
Government & Social Sector
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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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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Algorand
Algorand offers a comprehensive portfolio of products and services, including AlgoKit and Algorand Blockchain. 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.
SDK for building decentralized applications using Python syntax.
Energy-efficient blockchain with instant finality and low fees.
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Funding Insights of Algorand
| 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
| 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
| 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 |
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Algorand Comparisons
Competitors of Algorand
| 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
Frequently Asked Questions about Algorand
When was Algorand founded?
Algorand was founded in 2019.
Where is Algorand located?
Algorand is headquartered in Singapore, Singapore.
Who is the current CEO of Algorand?
Staci Warden is the current CEO of Algorand.
What does Algorand do?
Algorand is established as a blockchain technology provider focused on delivering energy-efficient, quantum-secure solutions with instant finality and low fees. Applications in asset tokenization, DeFi, payments, supply chain, and identity are supported. Developer tools like AlgoKit are offered to facilitate the creation of decentralized applications using familiar programming languages. Sectors such as real estate, finance, and medical data integrity are impacted through partnerships and ecosystem initiatives. Community engagement and governance are emphasized to ensure decentralization and network security.
What products or services does Algorand offer?
Algorand offers AlgoKit and Algorand Blockchain.
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