Solana

San Francisco, United States Founded: 2010 • Age: 16 yrs
Blockchain infrastructure for transactions and counting is provided by Solana.
Annual revenue - Latest available
Total funding $374.1M 5 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About Solana

Solana is a company based in San Francisco (United States) founded in 2010 by Raj Gokal. It operates as a Blockchain-as-a-Service and Product-as-a-Service. Solana has raised $374.15 million across 5 funding rounds from investors including Multicoin Capital, Polychain and BlockTower. Solana has completed 1 acquisition, including Edgevana. Solana offers products and services including Solana Blockchain, Solana Mobile, and Solana Pay. Solana operates in a competitive market with competitors including Binance, Chain, Ankr, Mysten Labs and O(1) Labs, among others.

  • Headquarter San Francisco, United States
  • Founders Raj Gokal
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Solana Foundation
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $374.15 M (USD)

    in 5 rounds

  • Latest Funding Round
    $314 M (USD), Series C

    Jun 09, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Solana

Solana offers a comprehensive portfolio of products and services, including Solana Blockchain, Solana Mobile, and Solana Pay.

Product name locked
Category locked
Primary

A scalable blockchain platform for decentralized applications.

Product name locked
Category locked
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Mobile devices integrated with blockchain technology features.

Product name locked
Category locked
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Payment system for immediate, low-cost USDC transactions.

People of Solana

Headcount 50-200
Employee Profiles 9
Employee Profiles
People
Gift Chukwude
Community Manager
People
Alex F. 🇮🇹
Community Operations Coordinator
People
Raj Gokal
President
People
Crypto Enthusiast
Telegram, Reddit & Discord Community Manager / Support

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Funding Insights of Solana

Solana has successfully raised a total of $374.15M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $314 million completed in June 2021. 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.

Investors in Solana

Solana has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Multicoin Capital, Polychain and BlockTower.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investments are focused on crypto and tech companies by ParaFi.
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Blockchain sectors are invested in by Sino Global Capital.
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Investor details for Solana

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Solana

Solana has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Edgevana.

Investments
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Investment portfolio details for Solana

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Blockchain and cryptocurrency operators
Locked Locked 2018 Locked
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Complete acquisition details for Solana

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Solana

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Detailed financials for Solana

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  • Profit trends
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Solana Comparisons

Solana Primary company
Description
Blockchain infrastructure for transactions and counting is p...
Location
San Francisco, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Solana

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Solana

Solana 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 Binance, Chain, Ankr, Mysten Labs and O(1) Labs, among others.

Company Name Domain Founded year HQ Location Description
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Online exchange platform for cryptocurrency
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Blockchain infrastructure is offered for financial application development.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Detailed competitors of Solana

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  • Domains and locations
  • Full company profiles
  • Operating metrics
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Latest news on Solana

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Complete news archive for Solana

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Solana

Solana was founded in 2010 and raised its 1st funding round 8 years after it was founded.

Solana is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Solana is a funded company, having raised a total of $374.15M across 5 funding rounds to date.

A high-performance blockchain platform is operated by Solana, designed for scalability and mass adoption. Decentralized applications, payments, gaming, NFTs, DeFi, and DAOs are supported across various sectors. Solutions like Solana Pay for low-cost transactions and Solana Mobile for blockchain-integrated hardware are offered. The ecosystem is noted for fast transaction speeds and energy efficiency, catering to developers, businesses, and consumers globally.

Solana's top competitors include Binance, Mysten Labs and O(1) Labs.

Solana offers Solana Blockchain, Solana Mobile, and Solana Pay.

Solana has made 1 acquisition, including Edgevana.

Solana has 19 investors. Key investors include Multicoin Capital, Polychain, BlockTower, CoinFund, and ParaFi.

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