Building Algorand, the high-performance Layer-1 blockchain, to unlock its power for you.
Location
Boston, MA, US
Founded
2017
Algorand focuses on developing and advancing its high-performance Layer-1 blockchain technology. The firm invests in projects leveraging the Algorand blockchain, with a particular emphasis on seed-stage startups. Their investments span various sectors, including carbon tracking, insurance technology, and travel solutions.
Notable portfolio companies include Carbon Counts, a carbon tracking platform, and TravelX, a blockchain-based travel distribution system. Algorand's investment philosophy centers on unlocking the power of their blockchain technology for innovative startups. The firm was founded by Silvio Micali, a renowned cryptographer and Turing Award winner, lending significant expertise to their blockchain development efforts.
Algorand - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies6
Current Portfolio Count6
Top Investment Stages
Seed4 (66.7%)
Pre-Seed1 (16.7%)
Series A1 (16.7%)
Stage Mix
Seed 67%Pre-Seed 17%Series A 17%
Concentration shown as share of disclosed investments by stage.
