Algorand Foundation
Overview
The Algorand Foundation is a non-profit organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol. Established in 2019 and headquartered in Singapore, the Foundation focuses on supporting the development and growth of the Algorand blockchain ecosystem. Its mission includes providing a best-in-class developer environment, supporting key infrastructure, setting technical standards, offering comprehensive support to builders and entrepreneurs, and providing the framework for decentralized governance. The Foundation has made 56 investments, with its most recent investment on November 11, 2024, when Astrix raised a new funding round. The Foundation has also made 10 diversity investments, with its most recent diversity investment on July 6, 2024, when CoBuy raised. The Foundation's investment strategy focuses on projects in their seed stage and beyond, with an ongoing business proposition and clear product-market fit. Success is measured in terms of 'ecosystem ROI,' primarily defined by observable on-chain adoption, usage, and engagement metrics. The Foundation has a diverse portfolio, including companies in various industries such as blockchain, cryptocurrency, financial services, technology, software, fintech, DeFi, supply chain, healthcare, education, gaming, media, entertainment, retail, and real estate. The Foundation's investments range from $1 million to $50 million, supporting the growth and innovation of the Algorand ecosystem across multiple sectors and stages of development.
Investment Focus
- Projects must be in their seed stage or beyond
- Ongoing business proposition
- Clear product-market fit
- Observable on-chain adoption
- Usage and engagement metrics
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Algorand Foundation
What sectors does Algorand Foundation invest in?
Algorand Foundation invests in Financial Services, Technology, Healthcare, Real Estate, Media and Retail, and is based in George Street, United States. Algorand Foundation is listed as a charitable foundation in the ConnectSafely investor database.
What stage does Algorand Foundation invest at?
Algorand Foundation backs companies at Seed, Early Stage, Growth, Late Stage, Pre-IPO and Buyout, writing cheques of 1M - 50M.
Which regions does Algorand Foundation invest in?
Algorand Foundation invests across United States, United Kingdom, Canada, Germany, Japan and Australia.
Who are the partners at Algorand Foundation?
Team members listed for Algorand Foundation include Staci Warden (Chief Executive Officer) and Marc Vanlerberghe (Chief Strategy & Marketing Officer).
What companies has Algorand Foundation invested in?
Algorand Foundation's portfolio includes Astrix, CoBuy, LW3, FilmFinance, Automaxis, FDP Connect, ARVO and Valar.
How do I contact Algorand Foundation?
Algorand Foundation's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
