Allora Labs
Latest round
- Series A
Last raised
- Mar 2022
Total raised
- $30M
Investors
- 9
About Allora Labs
Founded in 2019 by Grigory Smorodnikov, Kenny Peluso, and Nick Emmons, Allora Labs operates out of New York, US.Allora Network's core offerings center around its innovative decentralized AI platform, which utilizes its unique context-aware Inference Synthesis mechanism to enhance machine intelligence. This platform enables AI agents to predict the performance of each other's models, thereby improving the overall accuracy of predictions across various applications, such as finance, healthcare, and environmental science. Allora organizes its network into modular sub-networks, called topics, each focusing on specific AI tasks with tailored rules for participant interaction and performance evaluation. The network is designed to be open and accessible, attracting a diverse client base that includes businesses from small enterprises to large corporations across North America, Europe, and Asia.Allora Network generates revenue through its native ALLO token, which facilitates transactions within its ecosystem. Participants engage in various activities such as providing inferences and forecasting model performance, earning tokens as rewards for their contributions. Tokens can be used to purchase inferences, pay access fees, and stake for economic security within the network. The structure of transactions is designed to incentivize high-quality contributions and ensure network sustainability. The company plans to expand its offerings with new products that enhance the existing platform, although specific release dates are not mentioned. Additionally, Allora is targeting new geographic regions for expansion, focusing on increasing its presence in markets across Asia and Europe by the end of 2025.
Who invested in Allora Labs
9 investors across 2 rounds
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Questions about Allora Labs
Who invested in Allora Labs?
Allora Labs has 9 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 Allora Labs raised?
Allora Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Allora Labs last raise money?
Allora Labs's most recent round on record is a Series A, in Mar 2022.
What does Allora Labs do?
Founded in 2019 by Grigory Smorodnikov, Kenny Peluso, and Nick Emmons, Allora Labs operates out of New York, US.
Where is Allora Labs headquartered?
Allora Labs is headquartered in New York, US.
Which VCs invest in companies like Allora Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Allora Labs's stage. Their profiles are linked below.
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