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Axelar
company
About
Axelar is a decentralized communication tool that connects blockchain ecosystems, applications, and assets.
- Waterloo,Ontario,Canada
- 11 - 50
- http://axelar.network
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $35M
- Industries
- Blockchain,Developer APIs,Network Security,Software
- Founded date
- Jan 1, 2020
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- Axelar Inc.
Axelar is a cross-chain communication tool developing interoperability software to connect blockchain ecosystems, applications, and users. Axelar Network consists of a protocol suite, tools, and APIs, designed to break down the barriers to cross-chain communication. Axelar enables developers to build on the best platform for their needs while leveraging the Axelar stack to unlock cross-chain composability and liquidity.The company was founded by Sergey Gorbunov and Georgios Vlachos in 2020.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$63.75M
Axelar has raised a total of
$63.75M
in funding over 2 rounds. Their latest funding was raised on
Feb 15, 2022 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 15, 2022 | Series B | $35M | 13 | — | — | Detail |
| Nov 22, 2021 | Series Unknown | — | 6 |
Crypto.com Capital
|
— | Detail |
| Jul 15, 2021 | Series A | $25M | 9 |
Polychain
|
— | Detail |
| Nov 13, 2020 | Seed | $3.75M | 11 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
1
0
Axelar has made 1 investments. Their most recent investment was on
Jun 14, 2022, when Pile raised €2.80M.
Investors
Number of Lead Investors
Number of Investors
2
29
Axelar is funded by 29 investors.
Crypto.com Capital
and Polychain
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Crypto.com Capital
|
Yes | Series Unknown |
|
Polychain
|
— | Series B |
Blockchange Ventures
|
— | Series B |
|
|
— | Series B |
Dragonfly
|
— | Series B |
Gokul Rajaram
|
— | Series B |
Krenex Capital
|
— | Series B |
Lemniscap
|
— | Series B |
Node Capital
|
— | Series B |
North Island Ventures
|
— | Series B |
Employee Profiles
Number of Employee Profiles
5
Axelar has 5 current employee profiles, including
Executive Sergey Gorbunov
Executive
Executive
Advisor
Employee
Employee
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