United States · 
Who invested in Algorand?
Algorand's investors include Union Square Ventures, Alumni Ventures, Foundation Capital, Collaborative Fund and Wing Venture Capital, and 3 more on record.
20182019202020212022
$4.0MSeed$62MRound?VentureUnited States · Venture startup
Who invested in Algorand
Funding summaryUpdated 26 Oct 2026
$66Mraised across 3 rounds since 2018, from 3 sources
$4.0MSeed$62MRound
- Latest round
- VentureJan 2022
- Biggest round
- $62MRound · Oct 2018
- Investors
- 8
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $4.0M Feb 2018
- Biggest round
- $62M Round · Oct 2018
- Usual gap between rounds
- 3.2 years the median of 2
The rounds
- Jan 2022VentureAmount undisclosed6 new1 returning
Alumni Ventures
Foundation Capital
Union Square Ventures
Collaborative Fund
Wing Venture Capital
Borderless Capital
Pillar VC
Source recorded
- Oct 2018
- Feb 2018
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 9 firms list Algorand as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Sergey GorbunovVC firmPer its own site
Quick answers about Algorand
How much has Algorand raised?
Algorand has raised $66M across 3 rounds since 2018. One round did not disclose an amount, so the total is a floor.
When did Algorand last raise?
Algorand's most recent round was a Venture in Jan 2022.
What was Algorand's biggest round?
Algorand's largest round on record is $62M (Undisclosed round), in Oct 2018.
Who backed Algorand first?
Algorand's first round on record, in Feb 2018, was backed by Union Square Ventures and Pillar.
What stage is Algorand at?
Algorand's latest named round is a Venture, in Jan 2022.
Where is Algorand based?
Algorand is based in the United States.
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