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Axelar

company

About

Axelar is a decentralized communication tool that connects blockchain ecosystems, applications, and assets.

Details

Last Funding Type
Series B
Last Funding Money Raised
$35M
Industries
Blockchain,Developer APIs,Network Security,Software
Founded date
Jan 1, 2020
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Axelar Inc.

Axelar is a cross-chain communication tool developing interoperability software to connect blockchain ecosystems, applications, and users. Axelar Network consists of a protocol suite, tools, and APIs, designed to break down the barriers to cross-chain communication. Axelar enables developers to build on the best platform for their needs while leveraging the Axelar stack to unlock cross-chain composability and liquidity.

The company was founded by Sergey Gorbunov and Georgios Vlachos in 2020.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$63.75M
Axelar has raised a total of $63.75M in funding over 2 rounds. Their latest funding was raised on Feb 15, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 15, 2022 Series B $35M 13 Detail
Nov 22, 2021 Series Unknown 6 Crypto.com Capital Detail
Jul 15, 2021 Series A $25M 9 Polychain Detail
Nov 13, 2020 Seed $3.75M 11 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Axelar has made 1 investments. Their most recent investment was on Jun 14, 2022, when Pile raised €2.80M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 14, 2022 Pile
Pre-seed €2.80M Cryptocurrency

Investors

Number of Lead Investors
Number of Investors
2
29
Axelar is funded by 29 investors. Crypto.com Capital and Polychain are the most recent investors.
Investor Name Lead Investor Funding Round
Crypto.com Capital Yes Series Unknown
Polychain Series B
Blockchange Ventures Series B
Cygni Capital Series B
Dragonfly Series B
Gokul Rajaram Series B
Krenex Capital Series B
Lemniscap Series B
Node Capital Series B
North Island Ventures Series B

Employee Profiles

Number of Employee Profiles
5
Axelar has 5 current employee profiles, including Executive Sergey Gorbunov
Executive
Executive
Advisor
Employee
Employee