Swirlds
Latest round
- Seed
Last raised
- Sep 2017
Total raised
- $3M
Investors
- 1
About Swirlds
Swirlds, Inc.Founded in 2015 in College Station, US, Swirlds, Inc. focuses on the hashgraph consensus algorithm, essential for the Hedera network. The company has undergone no notable pivots and has not been reported as a subsidiary. The founders, Leemon Baird and Mance Harmon, have a history of innovation in the tech space.Swirlds, Inc. specializes in developing and deploying the hashgraph consensus algorithm, which powers the Hedera network. This fully distributed platform allows for the creation of decentralized applications that provide secure, stable, and sustainable transactions without traditional server infrastructure. The hashgraph algorithm enhances transaction speed and security while ensuring Byzantine fault tolerance. Released as an open-source project in 2022, it aims to engage developers in building applications utilizing this innovative mechanism.Swirlds, Inc. generates revenue through licensing their hashgraph consensus algorithm and related network services to clients. The business model primarily involves B2B arrangements, where organizations pay fees based on transaction volume or usage. This includes upcoming launches of new functionalities within the hashgraph platform aimed at improving user experience and performance. Swirlds is targeting expansion into the Asian market by the end of 2023 to capture emerging opportunities in decentralized applications.
Who invested in Swirlds
1 investor across 1 round
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Funding rounds
Seed
Sep 14, 2017
Amount
$3M
Investors
Questions about Swirlds
Who invested in Swirlds?
Swirlds has 1 investor 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 Swirlds raised?
Swirlds has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Swirlds last raise money?
Swirlds's most recent round on record is a Seed, in Sep 2017.
What does Swirlds do?
Swirlds is a software company.
Where is Swirlds headquartered?
Swirlds is headquartered in College Station, US.
Which VCs invest in companies like Swirlds?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Swirlds's stage. Their profiles are linked below.
VCs backing software startups at Seed
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