# Avalanche funding: rounds and investors

> Avalanche has raised $20M across 1 round since 2025. Investors include Dragonfly Capital Partners and Galaxy Digital. Every round with its source.

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

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

# Who invested in *Avalanche*

One round we have observed, with the 2 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

**$20M** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture, $20M Jan 2025
- **Investors:** 2

See who backed them

## The rounds

- **Jan 2025** Venture **$20M** [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Source recorded

## Everyone who backed them

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

[Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **1** round

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

## Also claim to have backed them

These 3 firms list Avalanche 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.

[Azolla Ventures](https://millionrounds.com/fund/azolla-ventures) VC firm Per its own site

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

[ScoutFund](https://millionrounds.com/fund/scoutfund) VC firm Per its own site

## Quick answers about Avalanche

### Who invested in Avalanche?

Avalanche's investors include Dragonfly Capital Partners and Galaxy Digital.

### How much has Avalanche raised?

Avalanche has raised $20M across 1 round since 2025.

### When did Avalanche last raise?

Avalanche's most recent round was a Venture of $20M in Jan 2025.

### What was Avalanche's biggest round?

Its most recent round, $20M in Jan 2025, is also its largest on record.

### Who backed Avalanche first?

Avalanche's first round on record, in Jan 2025, was backed by Dragonfly Capital Partners and Galaxy Digital.

### What stage is Avalanche at?

Avalanche's latest named round is a Venture, in Jan 2025.

### Where is Avalanche based?

Avalanche is based in the United States.

## Companies like Avalanche

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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