# Ava Labs funding: rounds and investors

> Ava Labs has raised $230M across 1 round since 2021. Investors include Y Combinator, Andreessen Horowitz and Abstract Ventures. Every round with its source.

Source: https://millionrounds.com/company/ava-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Token sale startup](https://millionrounds.com/companies)

# Who invested in *Ava Labs*

One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$230M** raised across 1 round since 2021, from 1 source

- **Latest round:** Token sale, $230M Sept 2021
- **Investors:** 7

See who backed them

## The rounds

- **Sept 2021** Token sale **$230M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Abstract Ventures](https://millionrounds.com/fund/abstract) [Initialized Capital](https://millionrounds.com/fund/initialized-capital) [Polychain](https://millionrounds.com/fund/polychain) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Lemniscap](https://millionrounds.com/fund/lemniscap) Source recorded

## Founders and team

From Ava Labs's own website and the SEC filings it signed: 10 on the team.

- **Arielle Pennington** Senior Vice President of Growth
- **Charley Cooper** President
- **Nick Mussallem** Avacloud, CEO
- **Emin Gun Sirer** CEO
- **John Nahas** Chief Business Officer
- **Lydia Chiu** Chief Financial Officer
- **Stephen Buttolph** Chief Protocol Architect
- **Wee Ming Choon** Chief Legal Officer
- **Morgan Krupetsky** VP, Ecosystem Growth
- **Lee Schneider** General Counsel

Advisers *John Wu*

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **1** round

[Initialized Capital](https://millionrounds.com/fund/initialized-capital) VC firm **1** round

[Polychain](https://millionrounds.com/fund/polychain) VC firm **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

[Lemniscap](https://millionrounds.com/fund/lemniscap) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ava-labs).

## Also claim to have backed them

These 2 firms list Ava Labs 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.

[Cognitive Blockchain Capital](https://millionrounds.com/fund/cognitive-blockchain-capital) VC firm Per its own site

[Continue Capital](https://millionrounds.com/fund/continue-capital) VC firm Per its own site

## Quick answers about Ava Labs

### Who invested in Ava Labs?

Ava Labs's investors include Y Combinator, Andreessen Horowitz, Abstract Ventures, Initialized Capital and Polychain, and 2 more on record.

### How much has Ava Labs raised?

Ava Labs has raised $230M across 1 round since 2021.

### When did Ava Labs last raise?

Ava Labs's most recent round was a Token sale of $230M in Sept 2021.

### What was Ava Labs's biggest round?

Its most recent round, $230M in Sept 2021, is also its largest on record.

### Who backed Ava Labs first?

Ava Labs's first round on record, in Sept 2021, was backed by Y Combinator, Andreessen Horowitz and Abstract Ventures and 4 others.

### What stage is Ava Labs at?

Ava Labs's latest named round is a Token sale, in Sept 2021.

### Where is Ava Labs based?

Ava Labs is based in the United States.

## Companies like Ava Labs

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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