About Axelar
Axelar is a Technology company based in Toronto (Canada) founded in 2020 by Georgios Vlachos and Sergey Gorbunov. Online platform for cross-chain communication for web3. Axelar has raised $93.75 million across 6 funding rounds from investors including Binance, Coinbase and Galaxy. The company has 18 employees. Axelar was last valued at $1 billion in February 2022. Its chief executive, as recorded, is Sergey Gorbunov. Its website axelar.network draws about 42 thousand monthly visits. Its focus areas include High Tech, Blockchain Infrastructure, Middleware and Cross Chain.
Company details
Axelar was founded in 2020 in Toronto, Canada, as an online platform focused on cross-chain communication within the web3 sector. Solutions are provided for integrating decentralized applications into blockchain networks. Developers are enabled to host applications, transfer assets across chains, and interact with applications on other networks through the Axelar API. Operations center on blockchain interoperability services.
- Headquarters Toronto, Canada
- Employees 18
- Founders Georgios Vlachos, Sergey Gorbunov
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website axelar.network
- Social LinkedIn X YouTube
- Total Equity Funding$93.75M (USD)
in 6 rounds
- Latest Funding Round$30M (USD), Series B
Mar 2025
- InvestorsBinance
& 41 more
- Employee Count18
Apps and channels of Axelar
its YouTube channel Axelar Network has 4.68K subscribers and 30 videos.
Videos from Axelar
The most watched videos on Axelar's YouTube channel, Axelar Network (4.68K subscribers). Click a video to play it here.
More on Axelar Network.
Funding Insights of Axelar
Axelar has successfully raised a total of $93.75M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in March 2025. 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 $93.75M
- Total Rounds 6
- Last Round Series B — $30M
- First Round $3.75M
(Nov 2020)
- Investors Count 42
All 6 funding rounds of Axelar 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 |
|---|---|---|---|---|---|
| Mar 2025 | $30M | Series B | – | – | |
| Sep 2022 | $50.08M | Token Sale | – | – | – |
| Feb 2022 | $35M | Series B | $1B | Cygnicapital.com, Blockchange | |
| Nov 2021 | Series A | – | CRYPTO | ||
| Jul 2021 | $25M | Series A | – | Polychain | |
| Nov 2020 | $3.75M | Seed | – | Binance, DCVC |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $1B | •••••••• |
Last known valuation $1B (Feb 2022). 42 investors in total: 36 institutional and 6 angel.
Investors in Axelar
Axelar has secured backing from 42 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Binance, Coinbase and Galaxy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on digital assets and web3 | arringtoncapital.com | Seattle, United States | ||
Cryptocurrency investment firm | electriccapital.com | Palo Alto, United States | ||
Blockchain projects are funded by this venture capital firm. | distributedglobal.com | Los Angeles, United States | ||
Early-stage ventures in the crypto universe are supported. | plassa.capital | |||
Venture capital fund focused on early-stage tech startups | csquared.vc | |||
A global syndicate of web3 investors is operated. | wagmiventures.io | |||
| cygnicapital.com | ||||
Blockchange Ventures is focused on early-stage blockchain investments. | blockchange.vc | New York, United States | ||
Provider of a venture capital firm that invests in technology and life sciences companies | olivetreecapital.com | Boston, United States | ||
Venture capital firm focused on the cryptocurrencies sector | northisland.ventures | New York, United States |
Investor details for Axelar
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 Axelar
19 people are tracked at Axelar (7 in leadership, 12 in team); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Georgios Vlachos | Co-Founder | Leadership |
Sergey Gorbunov | Co-Founder & CEO | Leadership |
James Friel | Director of Business Development | Leadership |
Jason Ma | Director of Business Development | Leadership |
Stephen Fluin | Head of Developer Relations | Leadership |
Jeff K. | Head Of BD | Leadership |
Sergey G. | Co-Founder | Leadership |
Ben Weinberg | Developer Advocate | Team |
Talal Ashraf | DevOps Engineer | Team |
Haiyi Zhong | Blockchain Engineer | Team |
Milap Sheth | Software Engineer | Team |
Sammy Liu | Blockchain Engineer | Team |
Galen Moore | Content Lead | Team |
Nav Pannu | Financial Controller | Team |
Jake Kane | Social Media Manager | Team |
Yara Elder | Events Lead | Team |
Kate Stapleton | Community Lead | Team |
Jenia Barkanova | Advisor Marketing Strategy | Team |
Ihab Ilyas | Advisor | Team |
Complete people profiles for Axelar
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
Verified entity values are shown only after access is granted.
Timeline of Axelar
4 dated milestones of Axelar across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Axelar is founded.
- Funding First funding round of $3.8M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series B, of $30.0M.
Web traffic of Axelar
The website of Axelar (axelar.network) receives about 42.4K visits a month.
- Monthly visits42.4K
▲ 33.6% vs previous month
Websites whose visitors overlap most with Axelar. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chainport.io | 100% | 10.6K | #1,932,615 | View details | |
| orochi.network | 98% | 58.9K | #308,145 | View details | |
| across.to | 96% | 131.1K | #289,203 | View details | |
| moonbeam.network | 91% | 56.4K | #647,841 | View details | |
| pontem.network | 91% | 33.8K | #989,225 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 37 similar websites and full traffic analytics for Axelar
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- 37 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Axelar
Complete news archive for Axelar
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Frequently Asked Questions about Axelar
Axelar was founded in 2020.
Axelar is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Sergey Gorbunov is the CEO of Axelar, as recorded in our data. They have also founded this company.
Axelar is a funded company, having raised a total of $93.75M across 6 funding rounds to date. The company's 1st funding round was a Seed of $3.75M, raised on Nov 2020.
Axelar has 18 employees.
Axelar was founded in 2020 in Toronto, Canada, as an online platform focused on cross-chain communication within the web3 sector. Solutions are provided for integrating decentralized applications into blockchain networks. Developers are enabled to host applications, transfer assets across chains, and interact with applications on other networks through the Axelar API. Operations center on blockchain interoperability services.
Axelar has 42 investors. Key investors include Binance, Coinbase, Galaxy, CRYPTO, and Informal Systems.
The valuation of Axelar is $1B as of Feb 2022.