GenLayer
Latest round
- Seed
Last raised
- Aug 2024
Total raised
- $7.5M
Investors
- 14
About GenLayer
Based in Delaware, US, GenLayer operates as a blockchain services provider that offers an artificial intelligence-based intelligent blockchain platform for creating smart contracts and other digital business transactions. Albert Castellana (CEO), Edgars Nemše (CPO), and Jose María Lago (CAIO) are the co-founders of the company. The company provides a platform that introduces the intelligent blockchain, which integrates large language models and Internet connectivity to enable decentralized, complex decision-making processes. GenLayer's core product, Intelligent Contracts, stands out by handling non-deterministic operations such as processing natural language and accessing the Internet, allowing for advanced, autonomous decision-making without human intervention. The firm’s technology includes Optimistic Democracy, which is a consensus algorithm that uses AI to facilitate agreement on subjective tasks. GenLayer's technology supports a range of applications, including prediction markets, decentralized autonomous organizations (DAOs), and parametric insurance. In addition, the company allows developers to leverage GenLayer's platform to create applications that utilize AI for web searches and natural language processing, with tools like a simulator for testing and documentation to assist in development.
Who invested in GenLayer
14 investors across 1 round
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Funding rounds
Seed
Aug 21, 2024
Amount
$7.5M
Investors
Questions about GenLayer
Who invested in GenLayer?
GenLayer has 14 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GenLayer raised?
GenLayer has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GenLayer last raise money?
GenLayer's most recent round on record is a Seed, in Aug 2024.
What does GenLayer do?
Based in Delaware, US, GenLayer operates as a blockchain services provider that offers an artificial intelligence-based intelligent blockchain platform for creating smart contracts and other digital business transactions.
Where is GenLayer headquartered?
GenLayer is headquartered in US.
Which VCs invest in companies like GenLayer?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at GenLayer's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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