Algorand Foundation

📍 New York, United States🗓 Founded 2019👥 132 employees💰 Last funded Aug 2025
IT Services and IT Consulting🌐 algorand.co
Website LinkedIn
Algorand is the blockchain that scales with your ambition. The Algorand Foundation supports Algorand’s rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the framework for decentralized governance. Founded by Turing Award-winning cryptographer Silvio Micali in 2019, Algorand has grown into a vibrant ecosystem of developers, entrepreneurs, and enterprise partners that benefit from institutional-grade certainty and resilience. Its fees, instant finality, and a minimal carbon footprint appeal to the protocols millions of retail users, and developers of all kinds appreciate the ability to use common programming languages like Python. Builders on Algorand are creating protocols and companies that solve important problems at a global scale: instant payments in war and disaster zones, self-sovereign identity for the disenfranchised, supply-chain traceability for global commerce, permissionless protocols addressing financial inclusion, and the creation of entirely new markets through tokenization, to name a few. Algorand enables blockchain solutions at scale, with: 🔹Instant finality 🔹Near-zero transaction costs 🔹Quantum security 🔹Consistently high transactions per second, and 🔹Minimal energy requirements It’s everything a developer needs, all in one elegantly engineered Layer-1 solution. Discover Algorand, today: algorand.co
2
Total investors
1
Early stage
0
Mid stage
1
Late stage
2019
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United States
2
Frequently asked questions
Who invested in Algorand Foundation?
Algorand Foundation has 2 investors on record on gritt.io, including 1 early-stage backers and 1 late-stage investors.
When did Algorand Foundation last raise funding?
The most recent investment in Algorand Foundation recorded on gritt.io was in August 2025.
When was Algorand Foundation founded?
Algorand Foundation was founded in 2019.
What industry is Algorand Foundation in?
Algorand Foundation operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is Algorand Foundation based?
Algorand Foundation is headquartered in New York, United States.