Algorand raised $66 M in a Public Sale round on 2019-06-18.

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According to media reports, Algorand raised $66 M in a Public Sale round on 2019-06-18.Following this round, Algorand's total funding reached $132 M.
Algorand is a decentralized, scalable, and secure blockchain infrastructure. It offers transaction throughputs at the speed of traditional finance, with immediate finality, near zero transaction costs, and 24/7 availability. From decentralized finance to generative NFT art, Algorand is powering the economic models of the future. Algorand was designed by MIT professor and Turing Award-winning cryptographer Silvio Micali.

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ALGO Fundraising History
RoundAmountValuationTimeInvestor(s)
Public Sale$66 M--2019-06-18--
Key Milestones
  • 2021-09
    The Algorand Foundation has launched a $300 million fund.
  • 2019-06-19
    Algorand raised $ 66 M in Public Sale round
  • 2019-06
    $ALGO was live for trading
  • 2018-10-24
    Algorand raised $ 62 M in funding round
  • 2018-02-15
    Algorand raised $ 4 M in Seed round
24-Hour High
$0.2444
24-Hour Volume
$3.68M
All-Time High
$3.56
All-Time Low
$0.08751
Market Cap / FDV
86.97%
FDV
$2.43B
24-Hour Low
$0.2306
Market Cap
$2.11B
Circulating Supply
8.69B ALGO
Total Supply
8.69B ALGO
Max Supply
10.00B ALGO
Market Sentiment
Negative
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