About Ava Labs
Ava Labs is a company based in Brooklyn (United States) founded in 2018 by Kevin Sekniqi and Emin Gun Sirer. It operates as a Blockchain-as-a-Service and Professional Services. Ava Labs has raised $368 million across 3 funding rounds from investors including Polychain and Andreessen Horowitz. Ava Labs has completed 1 acquisition, including Etrapay. Ava Labs offers products and services including Avalanche, AvaCloud, Core, and Owl Explains. Ava Labs operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Brooklyn, United States
- Founders Kevin Sekniqi, Emin Gun Sirer
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Sectors
TechnologyFinancial Services
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Email
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Website
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- Legal Name Ava Labs, Inc.
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Products & Services of Ava Labs
Ava Labs offers a comprehensive portfolio of products and services, including Avalanche, AvaCloud, Core, and Owl Explains.
Fastest smart contracts platform in blockchain industry.
Enables businesses to build custom managed blockchains.
Native wallet for secure crypto transactions on Avalanche.
Provides trusted information on blockchain and Web3 topics.
People of Ava Labs
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Funding Insights of Ava Labs
Ava Labs has successfully raised a total of $368M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $350 million completed in April 2022. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $350.0M
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First Round
First Round
(01 Feb 2019)
- Investors Count 2
Investors in Ava Labs
Ava Labs has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Polychain and Andreessen Horowitz.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investments in cryptocurrency and blockchain assets are managed by Polychain.
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Investments & Acquisitions by Ava Labs
Ava Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Etrapay.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Blockchain-based payment and privacy infrastructure is provided for global use.
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Financial Statements - Ava Labs
Ava Labs Comparisons
Competitors of Ava Labs
Ava Labs 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of blockchain and web3 software platform
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Mobile app for storing and trading cryptocurrencies is utilized.
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App-based wallet and exchange platform for cross-border money transfers
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Digital wallet for Bitcoin assets
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Crypto trading, loans, interest accounts, and wallets are offered online.
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App-based trading and deposit solutions for cryptocurrency are provided.
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Frequently Asked Questions about Ava Labs
Ava Labs was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Ava Labs is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Emin Gun Sirer is the current CEO of Ava Labs. They have also founded this company.
Ava Labs is a funded company, having raised a total of $368M across 3 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Feb 01, 2019.
Ava Labs is engaged in creating innovative blockchain technologies, primarily through the Avalanche platform, known for its speed in smart contracts. The company offers solutions like AvaCloud for custom blockchain development, Core as a native digital wallet, and Owl Explains for educational content on blockchain and Web3. Their work targets various sectors needing fast, low-cost, and eco-friendly digital asset management.
Ava Labs offers Avalanche, AvaCloud, Core, and Owl Explains.
Ava Labs has made 1 acquisition, including Etrapay.
Ava Labs has 2 investors. Key investors include Polychain, and Andreessen Horowitz.