About Allora Network
Allora Network is a company based in New York (United States) founded in 2024 by Nick Emmons and Kenny Peluso. Allora Network has raised $3 million across 1 funding round. Allora Network offers products and services including Allora Network, Inference Synthesis, and ALLO Tokens. Allora Network operates in a competitive market with competitors including Raiinmaker, 0G Labs, REVOX, CiferAI and Spice AI, among others.
- Headquarter New York, United States
- Founders Nick Emmons, Kenny Peluso
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Website allora.network
- Social X
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Seed
Jun 2024
Products & Services of Allora Network
Allora Network offers a comprehensive portfolio of products and services, including Allora Network, Inference Synthesis, and ALLO Tokens.
Decentralized system for generating and synthesizing AI inferences.
Mechanism for forecasting and improving AI model performance.
Tokens for incentivizing participant contributions and security.
Funding Insights of Allora Network
Allora Network has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3M
- Total Rounds 1
- Last Round Seed — $3M
- First Round $3M
(Jun 2024)
All 1 funding rounds of Allora Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2024 | $3M | Seed | – | – | – |
People of Allora Network
2 people are tracked at Allora Network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nick Emmons | Co-Founder & CEO | Leadership |
Kenny Peluso | Co-Founder | Leadership |
Complete people profiles for Allora Network
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Allora Network
2 dated milestones of Allora Network, from founding to its latest funding, stage changes and deals.
- Founded Allora Network is founded.
- Funding First funding round of $3.0M.
Competitors of Allora Network
Allora Network 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 Raiinmaker, 0G Labs, REVOX, CiferAI and Spice AI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| raiinmaker.com | 2019 | Seattle, United States | $12.5M | – | Decentralized AI platform enables user contributions to model development. | |
| 0g.ai | 2023 | San Francisco, United States | $75M | – | An AI-based programmable layer for dApps development is provided. | |
| revox.ai | 2022 | Singapore | $6M | – | AI-based dApps and Web3 ecosystem tools are provided for developers. | |
| cifer.ai | 2023 | Delaware, United States | $650,000 | – | AI-based decentralized ecosystem for private and secure development is provided. | |
| spice.ai | 2021 | Bellevue, United States | $14.5M | – | Data and AI infrastructure is offered for web3 applications. | |
| genlayer.com | 2023 | Barcelona, Spain | $7.5M | – | AI-powered smart contracts are utilized for decentralized applications. | |
| thehemera.com | 2020 | Fremont, United States | $2.6M | – | Decentralized account-centric programmable indexing network designed to serve as public goods data infrastructure |
Detailed competitors of Allora Network
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Allora Network
The website of Allora Network (allora.network) receives about 31.2K visits a month and ranks #866,554 among all websites worldwide, #8,072 in Investing.
- Monthly visits31.2K
▼ 14.9% vs previous month
- Unique visitors16.2K
per month
- Global rank#866,554
among all websites
- Category rank#8,072
Finance · Investing
- Bounce rate40%
- Pages per visit1.7
- Average visit26 sec
- DevicesDesktop 27% · Mobile 73%
Latest news on Allora Network
Complete news archive for Allora Network
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Allora Network
10 companies that operate in the same segment as Allora Network (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Allora Network
Allora Network was founded in 2024.
Allora Network is headquartered in New York, United States. It is registered at New York, New York, United States.
Nick Emmons is the current CEO of Allora Network. They have also founded this company.
Allora Network is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Jun 2024.
Founded in 2024 and based in New York, United States, Allora Network operates as an AI-based decentralized platform. A self-improving AI network is provided to enable users to manage applications through interconnected machine learning models. An open-source marketplace for intelligence is maintained, where inferences and solutions are acquired by consumers via payment. Operations focus on the blockchain and AI sector, supporting decentralized intelligence sharing.
Allora Network's top competitors include 0G Labs, Raiinmaker and Spice AI.
Allora Network offers Allora Network, Inference Synthesis, and ALLO Tokens.