When was Aleo founded?

Aleo was founded in 2019 and became a unicorn in 2022, reaching the milestone in 3 years. It raised its 1st funding round 2 years after its incorporation.

Where is Aleo located?

Aleo is headquartered in San Francisco, United States.

Who is the current CEO of Aleo?

Howard Wu of Aleo. They have also founded 1 company.

How many employees does Aleo have?

As of Aug 31, 2026, the latest employee count at Aleo is 144.

Is Aleo a funded company?

Aleo is a funded company, having raised a total of $228M across 3 funding rounds to date. The company's 1st funding round was a $28M Series A round, raised on Apr 09, 2021.

How much is Aleo worth?

The latest valuation of Aleo is $1.5B as of Dec 31, 2025.

When was the latest funding round of Aleo?

Aleo's latest funding was a $480K Series B round on Mar 05, 2025, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.45B in funding in 2026 to date.

Is Aleo a Blockchain Infrastructure company?

The primary sector of Aleo is Blockchain Infrastructure.

Where does Aleo rank among its competitors?

Aleo ranks 1st amongst 114 active competitors, of which 57 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Aleo, which secured $480K in Mar, 2025.

Who are the top competitors of Aleo?

Aleo's top competitors include Optimism, Matter Labs and Offchain Labs. Among them, Aleo secured the most recent funding round in March, 2025.

Aleo - 2026 Company Profile, Team, Funding & Competitors

Aleo is a series B company based in San Francisco (United States), founded in 2019 by Raymond Chu, Howard Wu, Michael Beller and Collin C. It operates as a Blockchain-based network for developers. Aleo has raised $228M in funding from investors like Andreessen Horowitz, Kora and SoftBank Vision Fund, with a current valuation of $1.5B. The company has 114 active competitors, including 57 funded and 4 that have exited. Its top competitors include companies like Optimism, Matter Labs and Offchain Labs.

Sectors and market segments that Aleo operate in

Aleo serves in the High Tech, Blockchain Technology market segments.The primary business model of Aleo are:

Company Details

Blockchain-based network for developers. Its features of the platform include a zero-knowledge IDE, package manager, etc. The platform features enable developers to build custom cross-platform mobile applications.

Website: aleo.org
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Part Of

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series B

Total Funding

$228M in 3 rounds

Latest Funding Round

Series B, Mar 05, 2025, $480K

Post Money Valuation

$1.5B as on Dec 31, 2025

Investors

Andreessen Horowitz & 20 more

Ranked

1^st among 114 active competitors

Employee Count

144 as on Aug 31, 2026

Investment & Acquisitions

IDPartner & 1 more

Similar Companies

Matter Labs & 102 more

View Aleo's full profile

Aleo has raised a total funding of $228M over 3 rounds. Its first funding round was on Apr 09, 2021. Aleo has 20 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Aleo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 05, 2025	$480K	Series B	-	-	-	-
Feb 07, 2022	$200M	Series B	$1.45B	-	Kora, SoftBank Vision Fund	Tiger Global Management, Sea, Samsung NEXT, Andreessen Horowitz, Slow Ventures
Apr 09, 2021	$28M	Series A	-	-	Andreessen Horowitz	Placeholder, Galaxy, Coinbase, Polychain, Dekrypt Capital, Scalar Capital, Slow Ventures, A.Capital Ventures, Zero Knowledge Validator, Variant Fund, Balaji Srinivasan, Ethereal Ventures

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View details of Aleo's funding rounds and investors

The founders of Aleo are Raymond Chu, Howard Wu, Michael Beller and Collin C. Howard Wu is the CEO of Aleo.

Here are the details of Aleo's key team members:

Raymond Chu: Co-Founder of Aleo and founder of 1 other company.
Contact Info: 1 email address
Howard Wu: Co-Founder & CEO of Aleo.
Michael Beller: Co-Founder of Aleo.
Collin C: Co-Founder of Aleo and founder of 1 other company.
Contact Info: 1 email address

View details of Aleo's Founder profiles and Board Members

Aleo's employee count trend

Aleo has 144 employees as of Aug 26. Here is Aleo's employee count trend over the years:

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Top competitors of Aleo include Optimism, Matter Labs and Offchain Labs. Here is the list of Top 10 competitors of Aleo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aleo 2019, San Francisco (United States), Series B	Blockchain-based network for developers	$228M	SoftBank Vision Fund, Tiger Global Management ... & 19 others	73/100
2nd	Optimism 2019, New York City (United States), Series B	Developer of blockchain software used for scaling decentralized network applications	$175M	Andreessen Horowitz, Paradigm & 16 others	73/100
3rd	Matter Labs 2019, Berlin (Germany), Series C	Finance infrastructure for blockchain privacy with verifiable computation	$458M	Union Square Ventures, DRAGONFLY & 19 others	72/100
4th	Offchain Labs 2018, Princeton (United States), Series B	Developer of solutions for Ethereum smart contracts	$124M	ventures.coinbase.com, Lightspeed Venture Partners ... & 17 others	64/100
5th	Metis 2018, Singapore (Singapore), Seed	Provider of layer two scaling infrastructure for decentralized blockchain networks	$4M	PARSIQ, MV Global & 34 others	63/100
6th	StarkWare 2017, Netanya (Israel), Series D	Blockchain-based platform offers zero-knowledge proof roll-up solutions	$287M	Greenoaks, Paradigmcap & 34 others	63/100
7th	zkSync 2019, Cayman Islands, Funding Raised	Zeroknowledge proof rollup layer 2 platforms	-	Union Square Ventures, DeepTech Ventures & 8 others	62/100
8th	Nexus 2022, San Francisco (United States), Series A	Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications	$27.2M	DRAGONFLY, Lightspeed Venture Partners & 5 others	61/100
9th	Taiko 2022, Shanghai (China), Series A	Developer of a decentralized protocol for scaling the Ethereum network	$37M	Sequoia Capital China, GSR & 19 others	60/100
10th	Arbitrum 2018, Princeton (United States), Seed	Blockchain-enabled application development platform for the fintech industry	-	Delphi Ventures, Compound & 7 others	59/100