About NEAR Protocol
NEAR Protocol is a company based in Zug (Switzerland) founded in 2017 by Alexander Skidanov and Illia Polosukhin. NEAR Protocol has raised $542.29 million across 8 funding rounds from investors including Blockchain, Coinbase and Amber Group. NEAR Protocol offers products and services including NEAR Blockchain and Developer Tools. NEAR Protocol operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and DFINITY, among others.
- Headquarter Zug, Switzerland
- Founders Alexander Skidanov, Illia Polosukhin
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Near Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$542.29 M (USD)
in 8 rounds
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Latest Funding Round
$5 M (USD), Series D
May 10, 2022
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Investors
Blockchain
& 40 more
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Employee Count
Employee Count
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Products & Services of NEAR Protocol
NEAR Protocol offers a comprehensive portfolio of products and services, including NEAR Blockchain and Developer Tools.
Platform for scalable AI and Web3 app development
Tools for building applications on NEAR using Javascript
People of NEAR Protocol
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Funding Insights of NEAR Protocol
NEAR Protocol has successfully raised a total of $542.29M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $5 million completed in May 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 8
- Last Round Series D — $5.0M
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First Round
First Round
(19 Jul 2017)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series D - NEAR Protocol | Valuation |
investors |
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| Apr, 2022 | Amount | Series D - NEAR Protocol | Valuation | Tiger Global Management | |
| Jan, 2022 | Amount | Series C - NEAR Protocol | Valuation | a16z , Pantera Capital |
Investors in NEAR Protocol
NEAR Protocol has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blockchain, Coinbase and Amber Group.
| Investor | Description | Founded Year | Domain | Location |
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Investment strategies and blockchain ecosystems are offered via a platform.
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Venture and private equity investments are managed with global diversification.
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Growth-stage investments are focused on by Republic Capital venture firm.
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Investments & Acquisitions by NEAR Protocol
Financial Statements - NEAR Protocol
Near Protocol Comparisons
Competitors of NEAR Protocol
NEAR Protocol 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 Solana, Ankr, Mysten Labs, O(1) Labs and DFINITY, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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| domain | founded_year | HQ Location |
A blockchain-based public network is operated for decentralized application development.
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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Frequently Asked Questions about NEAR Protocol
NEAR Protocol was founded in 2017.
NEAR Protocol is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
NEAR Protocol is a funded company, having raised a total of $542.29M across 8 funding rounds to date. The company's 1st funding round was a Series C of $150M, raised on Jul 19, 2017.
Public blockchain network platform. The solution is a scalable smart contract platform that supports decentralized applications of any kind and enables the developers to build, test, and deploy applications that permissionless handle a wide range of digital assets.
NEAR Protocol's top competitors include Mysten Labs, Solana and O(1) Labs.
NEAR Protocol offers NEAR Blockchain and Developer Tools.
NEAR Protocol has 41 investors. Key investors include Blockchain, Coinbase, Amber Group, FTX, and Zee5.