About Flare Networks
Flare Networks is a Technology company based in British Virgin Islands founded in 2019 by Nairi Usher, Hugo Philion, and Sean Rowan. A layer 1 blockchain for data-intensive applications is developed. Flare Networks has raised $46.3 million across 3 funding rounds from investors including Wave, Digital Currency Group and CoinFund. Its chief executive, as recorded, is Hugo Philion. Its website flare.network draws about 200 thousand monthly visits. Its focus areas include High Tech, Blockchain Infrastructure, Blockchain Network and Blockchain Technology. Its legal entity is ALTAIRIAN LTD.
Company details
Developer of a blockchain for data-intensive applications. It provides a full-stack layer 1 solution with integrated protocols inheriting network security. The platform offers Ethereum Virtual Machine compatibility and utilizes a proof-of-stake mechanism. It facilitates secure access to various financial instruments and external data sources, including decentralized price feeds. The platform offers developer resources and tools to build decentralized applications leveraging its data solutions.
- Headquarters British Virgin Islands, United Kingdom
- Founders Nairi Usher, Hugo Philion, Sean Rowan
- SectorsTechnology
- Email••••••••
- Website flare.network
- Social LinkedIn X YouTube
- Legal Name Altairian Ltd
- Total Equity Funding$46.3M (USD)
in 3 rounds
- Latest Funding Round$35M (USD), Series A
Feb 2024
- InvestorsWave
& 15 more
Apps and channels of Flare Networks
its YouTube channel Flare Networks has 203 subscribers and 30 videos.
Videos from Flare Networks
The most watched videos on Flare Networks's YouTube channel, Flare Networks (203 subscribers). Click a video to play it here.
More on Flare Networks.
Funding Insights of Flare Networks
Flare Networks has successfully raised a total of $46.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in February 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 $46.3M
- Total Rounds 3
- Last Round Series A — $35M
- Investors Count 16
All 3 funding rounds of Flare Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
16 investors in total: 14 institutional and 2 angel.
Investors in Flare Networks
Flare Networks has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wave, Digital Currency Group and CoinFund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in via a funds-of-funds approach. | kenetic.capital | Hong Kong, China | ||
cFund is operated as an early-stage blockchain venture fund. | 2018 | cfund.vc | United States | |
Venture capital funding and acceleration are provided to sector-agnostic startups. | borderlesscapital.io | Miami, United States | ||
Early-stage investments in engineer-led startups are made by Backend Capital. | backendcapital.com | Seattle, United States | ||
Blockchain-focused venture capital investments are provided by New Form Capital. | newformcap.com | New York, United States | ||
Delivers comprehensive blockchain and AI development services. | 2020 | aveslair.com | New York, United States | |
Capital and support are provided to early-stage web3 companies. | 2016 | coinfund.io | Brooklyn, United States | |
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States | |
Investments in blockchain projects are managed by LD Capital. | ldcap.com | Shanghai, China | ||
Web-based accounting software is offered for business use. | 2010 | waveapps.com | Toronto, Canada |
Investor details for Flare Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Flare Networks
3 people are tracked at Flare Networks (3 in leadership).
| Name | Role | Group |
|---|---|---|
Nairi Usher | Co-Founder | Leadership |
Hugo Philion | Co-Founder & CEO | Leadership |
Sean Rowan | Co-Founder | Leadership |
Complete people profiles for Flare Networks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Flare Networks
3 dated milestones of Flare Networks across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Flare Networks is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $35.0M.
Web traffic of Flare Networks
The website of Flare Networks (flare.network) receives about 199.6K visits a month.
- Monthly visits199.6K
▼ 10.1% vs previous month
Websites whose visitors overlap most with Flare Networks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
flarescan.com | flarescan.com | 100% | #860,609 | – | |
chainlist.org | chainlist.org | 100% | #159,108 | – | |
au.cc | au.cc | 100% | #1,482,749 | – | |
| tokeninsight.com | 100% | 61.4K | #695,107 | View details | |
| thirdweb.com | 100% | 475.4K | #96,696 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Flare Networks
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- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Flare Networks
Complete news archive for Flare Networks
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Frequently Asked Questions about Flare Networks
Flare Networks was founded in 2019.
Flare Networks is headquartered in British Virgin Islands.
Hugo Philion is the CEO of Flare Networks, as recorded in our data. They have also founded this company.
Flare Networks is a funded company, having raised a total of $46.3M across 3 funding rounds to date.
Developer of a blockchain for data-intensive applications. It provides a full-stack layer 1 solution with integrated protocols inheriting network security. The platform offers Ethereum Virtual Machine compatibility and utilizes a proof-of-stake mechanism. It facilitates secure access to various financial instruments and external data sources, including decentralized price feeds. The platform offers developer resources and tools to build decentralized applications leveraging its data solutions.
Flare Networks has 16 investors. Key investors include Wave, Digital Currency Group, CoinFund, Kenetic Capital, and Aves Lair.
Flare Networks operates through Altairian Ltd.
The website of Flare Networks receives about 200 thousand visits a month.