Aleo Network Foundation

InternetSeries BCheyenne, USaleo.org

Latest round

Series B

Last raised

Feb 2022

Total raised

$221M

Investors

18

About Aleo Network Foundation

Aleo Network Foundation specializes in the development of zero-knowledge technology solutions for decentralized applications.00 mn on January 13, 2025.Aleo specializes in developing a comprehensive suite of products centered around zero-knowledge (ZK) technology, aimed at empowering developers to create secure and private decentralized applications (dApps) at scale. The core offerings include Leo, a Rust-based Domain Specific Language (DSL) that simplifies the development of applications by abstracting complex cryptographic processes, and snarkVM, which enhances scalability by allowing off-chain computations while requiring only on-chain proof publication. Additionally, Aleo provides snarkOS, a decentralized operating system that facilitates transaction verification and state storage within its ecosystem.ai, a data analytics platform, and AlphaSwap, a platform for confidential token swaps, cater to users seeking to engage with the Aleo blockchain securely.Aleo's revenue structure is primarily driven by its platform's utilization and transaction activities, centered around its flagship products. Users engage with the ecosystem through various means, such as deploying applications via Leo, trading tokens on AlphaSwap, or utilizing financial tools from Arcane Finance.ai. Customers might pay fees based on the volume of transactions or the complexity of services utilized, particularly within the realm of confidential transactions and dApp deployments. The company is focused on launching new products that enhance its ZK technology offerings while expanding its market presence in North America, Europe, and Asia. The funds will support the development of innovative tools aimed at improving user engagement and application performance within its ecosystem.

Who invested in Aleo Network Foundation

18 investors across 2 rounds

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Funding rounds

  1. Series B

    Feb 11, 2022

    Amount

    $200M

    Investors

    Locked

  2. Series A

    Mar 26, 2021

    Amount

    $21M

    Investors

    Locked

Questions about Aleo Network Foundation

Who invested in Aleo Network Foundation?

Aleo Network Foundation has 18 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Aleo Network Foundation raised?

Aleo Network Foundation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Aleo Network Foundation last raise money?

Aleo Network Foundation's most recent round on record is a Series B, in Feb 2022.

What does Aleo Network Foundation do?

Aleo Network Foundation specializes in the development of zero-knowledge technology solutions for decentralized applications.

Where is Aleo Network Foundation headquartered?

Aleo Network Foundation is headquartered in Cheyenne, US.

Which VCs invest in companies like Aleo Network Foundation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Aleo Network Foundation's stage. Their profiles are linked below.

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