Algorand Ventures

An overview of Algorand Ventures, including its investment strategy, current portfolio, and annual reports

About Algorand Ventures

Algorand Ventures is a division of the Algorand Foundation that makes direct investments into the Algorand ecosystem. Their strategic mandate is to support the health of the Algorand ecosystem and drive on-chain activity by providing timely investment to the most promising teams building critical infrastructure and applications on the Algorand blockchain.

Success of such investments is measured in terms of “ecosystem ROI,” primarily defined by observable on-chain adoption, usage, and engagement metrics.

Read the 2023 Algorand Ventures Investment Report for further insight into where funding has previously been allocated.

Assessment criteria 

Algorand Ventures focuses on investments for projects in their seed stage and beyond, that have an ongoing business proposition and clear product market fit.

Assessment criteria (non-exhaustive)

    • Problem statement
    • Solution and key product features
    • Product market fit and specific value provided to the Algorand ecosystem
    • Competitive landscape and project USP
    • Revenue and operating models
    • Traction, if any
    • Projections Team Blockers to GTM/scaling, if any

Minimum eligibility criteria

    • Has a viable business case (to be) built specifically on Algorand
    • Possesses technical expertise for building on the blockchain/Algorand
    • Has a team with sufficient knowledge, experience, or a track record in the target industry and/or building businesses
    • Has a demo or minimal viable product (MVP)

Portfolio

This list represents a selection of Algorand Ventures portfolio companies. Reference Algorand Ventures' annual investment reports for full insight into all investment activity. 

AlgoRai

AlgoRai

Decentralized options vault, providing on-chain derivatives & leverage

ANote

ANote Music

Music platform where anyone can invest in, trade, & benefit from music royalties

Blockchain Triangle

Blockchain Triangle

Digital finance platform for funding & managing climate & infrastructure assets

Borderless Capital

Borderless

Web3-native investment manager, fostering dynamic blockchain ecosystems & empowering founders to achieve their full potential

Ctrl Alt

Ctrl Alt

B2B infrastructure provider opening up structuring and investing in tokenized assets

Defly

Defly

Blockshake, the creator of Defly Wallet, is an R&D company in web3 with a focus on team human

EXA Market

EXA Market

Advanced NFT marketplace that enables people to trade digital assets securely & easily around the globe

Folks Finance

Folks Finance

Community-driven decentralized platform providing permissionless DeFi tools across multiple networks to lend, borrow, trade, & manage digital assets

Gora

Gora

Decentralized oracle network that provides secure and reliable data feeds for dApps

HesabPay

HesabPay

Global mobile payment app with top-up, cash out, bill payments & transfers

HexTrust

Hex Trust

Fully licensed digital asset custodian that provides solutions for protocols, foundations, financial institutions, & the Web3 ecosystem.

Lofty

Lofty

Fractionalized real estate marketplace turning houses into tradable tokens on the blockchain

Onramp.Money

Onramp.Money

Easy & convenient fiat to Web3 money conversion that can be easily integrated with dApps to smoothly onboard users to purchase digital assets across chains

Pera

Pera Wallet

Non-custodial & user-friendly wallet with built-in browser for dApps

R&

R&

Trusted home for NFTs on Algorand. Create, research, manage, collect and sell digital assets at scale

Remitee

Remitee

Remittance infrastructure-as-a-service provider enabling remittance capabilities for banks & e-wallets

Tinyman

Tinyman

DeFi protocol for swapping, exchanging and providing liquidity

Ultrade

ULTRADE

Cross-chain trading with a limit orderbook DEX, AMM, & marketplace

Y9

Y9

Empowering the unbanked with financial & digital inclusion through mobile phones, insurance, education, healthcare & entertainment

Investment reports

Algorand Ventures Investment Report 2023

Read the report
Algorand Ecosystem Funding Report 2020-2022

Read the report