# NEAR Protocol: Information technology & services, San Francisco, United States

> NEAR Protocol: NEAR Protocol is a high-performance, sharded Layer-1 blockchain designed to support the agent economy and AI-driven decentralized...

Source: https://millionrounds.com/startup/near-protocol (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# NEAR Protocol

NEAR Protocol is a high-performance, sharded Layer-1 blockchain designed to support the agent economy and AI-driven decentralized applications (dApps).

Funding reported Last round: Venture (Round not Specified)

Information technology & services San Francisco, United States

Company summary

- **Founded:** 2018 8 years old
- **Team:** 220 201 to 1,000 people
- **Funding reported:** $608M in dollars
- **Last round:** Venture (Round not Specified) Nov 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for NEAR Protocol has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About NEAR Protocol

NEAR Protocol is a high-performance, sharded Layer-1 blockchain designed to support the agent economy and AI-driven decentralized applications (dApps).

Co-founded by AI pioneer Illia Polosukhin and Alexander Skidanov, NEAR launched its mainnet in April 2020, aiming to simplify blockchain development. The protocol features Nightshade sharding, allowing it to process transactions in parallel across multiple shards, achieving scalability of over 1 million transactions per second with quick transaction finality. NEAR provides a developer platform for creating dApps using smart contracts in Rust and AssemblyScript. Its native token, NEAR, is used for transaction fees, staking rewards, and governance. The protocol also supports AI agents, offering secure infrastructure for confidential transactions and private inference. NEAR Protocol serves a diverse range of customers, including developers, AI agencies, and end users. It supports various use cases such as decentralized finance (DeFi), non-fungible tokens (NFTs), payments, and gaming, positioning itself as a foundational layer for the next generation of the open web.

## What company datasets say NEAR Protocol raised

Funding, as reported

Reported in all **$608M** in dollars

Rounds **8**

Last round **Venture (Round not Specified)**

Last round size **$100M**

Last round date **Nov 2022**

Investors listed **5**

## On 12 portfolio pages

Investors who name them

- [Horsman Holdings LLC](https://millionrounds.com/fund/horsman-holdings-llc)
- [Notation Capital](https://millionrounds.com/fund/notation-capital)
- [Electric Capital](https://millionrounds.com/fund/electric-capital)
- [Amplify Partners](https://millionrounds.com/fund/amplify-partners)
- [A.Capital Ventures](https://millionrounds.com/fund/a-capital-ventures)
- [Accomplice](https://millionrounds.com/fund/accomplice)
- [Continue Capital](https://millionrounds.com/fund/continue-capital)
- [IDEO CoLab Ventures](https://millionrounds.com/fund/ideo-colab-ventures)
- [IOSG Ventures](https://millionrounds.com/fund/iosg-ventures)
- [A16z Crypto](https://millionrounds.com/fund/a16z-crypto)
- [D1 Ventures](https://millionrounds.com/fund/d1-ventures)
- [Ceras Ventures](https://millionrounds.com/fund/ceras-ventures)

Each firm lists NEAR Protocol on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

ai integration blockchain decentralized finance developer-friendly fast transactions user experience decentralized exchanges grassroots growth development project management smart contracts open markets ecosystem growth education resources enterprises open source technology

Built with from their website

GitHub Actions IoT Docker Oracle Data Masking and Subsetting Amazon DynamoDB Google Tag Manager Amazon CloudFront Spring Cloud Cross Pixel Media Kubeflow

+8 more

Tableau Envoy WordPress.org Dell EMC PowerStore AWS Trusted Advisor React Native PWA CallMiner Eureka

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 51321, SIC 3571
- **Region:** California
- **Revenue:** $16M a year, as listed

## Information technology & services in United States

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- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
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- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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