Ava Labs, Inc. Asset Profile

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Year established

2018

Location

New York NY US

Primary Industry

Internet

About

Based in New York, US, and founded in 2018 by co-founders Emin Gün Sirer (CEO), Kevin Sekniqi (COO), and Maofan Ted Yin, Ava Labs, Inc. engages in providing a blockchain project solution that primarily helps decentralized finance (DeFi) users and developers. The Ava Labs platform has over 270 industry projects, including Chainlink, SushiSwap, The Graph, and others. In December 2024, Ava Labs, Inc. raised USD 250 million in venture funding led by new investor Galaxy, with participation from other new investors ParaFi Capital, SkyBridge, Morgan Creek Capital Management, and Hivemind Ventures. Returning investor Dragonfly and other unspecified investors also participated in the round. As of 2021, Ava Labs has offices in New York City and Miami. The company's products include Avalanche, a platform that allows developers to create custom blockchain networks. Developers who build on Avalanche can create secure applications with private or public blockchain networks. The platform offers a consensus engine, virtual machines, chains, and subnets. The platform also offers AvalancheGo, AvalancheJS, Avash, Avalanche Wallet, and Faucet.

Current Investors

Andreessen Horowitz, Initialized Capital, Polychain Capital

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Primary Industry

Internet

Sub Industries

Web Applications, Web Development

Website

www.avalabs.org

Verticals

Blockchain, Blockchain

Company Stage

Series A

Total Amount Raised

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