About Avail
Avail is a Technology company based in India founded in 2023 by Prabal Banerjee and Anurag Arjun. Modular blockchain infrastructure is offered for Web3 networks. It operates on a Blockchain-as-a-Service model. Avail has raised $70 million across 2 funding rounds from investors including Figment, HashKey Exchange and HTX. Avail has completed 1 acquisition, including Arcana Network. Its website availproject.org draws about 27 thousand monthly visits. Avail offers products and services including Avail DA, Avail Nexus, Avail Fusion, and Avail LC. Its focus areas include Blockchain and Infrastructure. Its legal entity is Avail Project.
Company details
Avail is established as a horizontally scalable, trust-minimized infrastructure network for blockchain ecosystems. It is focused on unifying fragmented blockchain systems by offering unlimited blockspace, native interoperability, and modular security. Solutions provided include data availability layers, interoperability frameworks, shared security mechanisms, and light client implementations. The company supports developers in building scalable, connected applications across sectors like DeFi, GameFi, and SocialFi, leveraging technologies such as KZG polynomial commitments and Data Availability Sampling for efficient transaction verification and cross-chain interactions.
- Headquarters India
- Founders Prabal Banerjee, Anurag Arjun
- SectorsTechnology
- Website availproject.org
- Social LinkedIn X
- Legal Name Avail Project
- Total Equity Funding$70M (USD)
in 2 rounds
- Latest Funding Round$43M (USD), Series A
Jun 2024
- InvestorsFigment
& 20 more
- Investments & Acquisitions
Products & Services of Avail
Avail offers a comprehensive portfolio of products and services, including Avail DA, Avail Nexus, Avail Fusion, and Avail LC.
Scalable data availability layer for blockchain networks.
Enables seamless cross-rollup and sovereign chain communication.
Provides shared security through multi-token staking mechanisms.
Lightweight node for end-user blockchain transaction verification.
Funding Insights of Avail
Avail has successfully raised a total of $70M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $43 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 $70M
- Total Rounds 2
- Last Round Series A — $43M
- First Round $27M
(Feb 2024)
- Investors Count 21
All 2 funding rounds of Avail 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 | $43M | Series A | – | Founders Fund, DRAGONFLY | |
| Feb 2024 | $27M | Seed | – | Founders Fund, Dragonfly Ventures |
21 investors in total: 19 institutional and 2 angel.
Investors in Avail
Avail has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Figment, HashKey Exchange and HTX.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Dragonfly Ventures is focused on impact investments for societal and environmental well-being. | dragonflyventures.ca | Ontario, Canada | ||
Blockchain investments are managed by SevenX in Shanghai. | 7xvc.com | Shanghai, China | ||
Seed-stage B2B software and marketplaces are funded by Nomad Capital. | nomadcap.vc | |||
Venture capital and equity principal services are provided by Dragonfly. | 2018 | dragonfly.xyz | Oakland, United States | |
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Venture capital firm investing in multiple sectors | chapterone.com | Los Angeles, United States | ||
Blockchain sector focus is maintained by venture capital-backed accelerator. | foresightventures.com | Shanghai, China | ||
Mirana Ventures is focused on blockchain and Web3 investments. | mirana.xyz | |||
Venture capital fund investing in multiple sectors | rw3ventures.com | Stamford, United States |
Investor details for Avail
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Avail
2 people are tracked at Avail (2 in leadership).
| Name | Role | Group |
|---|---|---|
Prabal Banerjee | Co-Founder | Leadership |
Anurag Arjun | Co-Founder | Leadership |
Complete people profiles for Avail
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Avail
Avail has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Arcana Network.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Chain abstraction protocols are provided for seamless multichain experiences. | arcana.network | Bengaluru, India | 2021 | Aug 2025 | •••• |
Complete acquisition details for Avail
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Avail
4 dated milestones of Avail across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Avail is founded.
- Funding First funding round of $27.0M.
- Funding Latest funding round, Series A, of $43.0M.
- Acquisition Acquires Arcana Network.
Web traffic of Avail
The website of Avail (availproject.org) receives about 26.7K visits a month.
- Monthly visits26.7K
▲ 4.2% vs previous month
Websites whose visitors overlap most with Avail. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| astar.network | 100% | 50.5K | #542,279 | View details | |
| hemi.xyz | 98% | 32.8K | #647,838 | View details | |
| alephzero.org | 94% | 13.5K | #1,864,788 | View details | |
| moonbeam.network | 94% | 56.4K | #647,841 | View details | |
| starknet.io | 94% | 115.4K | #324,419 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Avail
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- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Avail
Avail was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Avail is headquartered in India.
Avail is a funded company, having raised a total of $70M across 2 funding rounds to date. The company's 1st funding round was a Seed of $27M, raised on Feb 2024.
Avail is established as a horizontally scalable, trust-minimized infrastructure network for blockchain ecosystems. It is focused on unifying fragmented blockchain systems by offering unlimited blockspace, native interoperability, and modular security. Solutions provided include data availability layers, interoperability frameworks, shared security mechanisms, and light client implementations. The company supports developers in building scalable, connected applications across sectors like DeFi, GameFi, and SocialFi, leveraging technologies such as KZG polynomial commitments and Data Availability Sampling for efficient transaction verification and cross-chain interactions.
Avail offers Avail DA, Avail Nexus, Avail Fusion, and Avail LC.
Avail has made 1 acquisition, including Arcana Network.
Avail has 21 investors. Key investors include Figment, HashKey Exchange, HTX, DRAGONFLY, and Founders Fund.
Avail operates through Avail Project.