# Algorand funding: rounds and investors > Algorand has raised $66M across 3 rounds since 2018. Investors include Union Square Ventures, Alumni Ventures and Foundation Capital. Source: https://millionrounds.com/company/algorand (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Algorand* 3 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Web3 & Crypto Funding summary Updated 26 Oct 2026 **$66M** raised across 3 rounds since 2018, from 3 sources **$4.0M** Seed **$62M** Round - **Latest round:** Venture Jan 2022 - **Biggest round:** $62M Round · Oct 2018 - **Investors:** 8 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2019 2020 2021 2022 **$4.0M** Seed **$62M** Round **?** Venture - **First round:** Seed, $4.0M - **Biggest round:** $62M - **Usual gap between rounds:** 3.2 years ## The rounds - **Jan 2022** Venture **Amount undisclosed** *6 new* *1 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [Pillar VC](https://millionrounds.com/fund/pillar-vc) Source recorded - **Oct 2018** Round **$62M** No investor was named in the report. Reported by FinSMEs - **Feb 2018** Seed **$4.0M** *2 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Pillar](https://millionrounds.com/fund/pillar) Reported by FinSMEs ## 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. **Seed** 2018 **Round** 2018 **Venture** 2022 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) [Borderless Capital](https://millionrounds.com/fund/borderless-capital) [Pillar VC](https://millionrounds.com/fund/pillar-vc) [Pillar](https://millionrounds.com/fund/pillar) ## Everyone who backed them [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **2** rounds [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **1** round [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round [Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) VC firm **1** round [Borderless Capital](https://millionrounds.com/fund/borderless-capital) Accelerator **1** round [Pillar VC](https://millionrounds.com/fund/pillar-vc) VC firm **1** round [Pillar](https://millionrounds.com/fund/pillar) Hedge fund **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=algorand). ## 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. [Cogitent Ventures](https://millionrounds.com/fund/cogitent-ventures) VC firm Per its own site [Arrington Capital](https://millionrounds.com/fund/arrington-capital) VC firm Per its own site [Struck Capital](https://millionrounds.com/fund/struck-capital) VC firm Per its own site [Andromeda Capital](https://millionrounds.com/fund/andromeda-capital) VC firm Per its own site [Youbi Capital](https://millionrounds.com/fund/youbi-capital) VC firm Per its own site [Sergey Gorbunov](https://millionrounds.com/fund/sergey-gorbunov) VC firm Per its own site [Bixin Ventures](https://millionrounds.com/fund/bixin-ventures) Corporate VC Per its own site [Cognitive Blockchain Capital](https://millionrounds.com/fund/cognitive-blockchain-capital) VC firm Per its own site [Sonic Boom Ventures](https://millionrounds.com/fund/sonic-boom-ventures) VC firm Per its own site ## Quick answers about Algorand ### 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. ### 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. ## Companies like Algorand In the same sector, and raised in the last eighteen months. 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