AllBlock - About the company
AllBlock is a seed company based in Leipzig (Germany), founded in 2017 by Franz Wollang, Georg Bonin, Shreyansh Surana and Max Bromberg. It operates as a Blockchain-based degree document verification platform to prevent fraud. AllBlock has raised an undisclosed amount in funding from investors like Lisbon Challenge, H-FARM and weXelerate. The company has 579 active competitors, including 147 funded and 103 that have exited. Its top competitors include companies like Sift, Kairos and Simplex.
Company Details
AllBlock is a blockchain-based fraud prevention solution provider to the organizations. The product Verifyed, a degree verification system based on the Unified Distributed Architecture (UDA) layer for identity document fraud detection. The platform is an open-source initiative to develop a generalized host layer capable of supporting fully distributed and byzantine-tolerant communication, data storage, and computation. Features include an economic incentive for participation via an integrated cryptocurrency and decentralized trust-based system. Co-Founded by Shreyansh Surana who has previously founded and sold two startups in India includingSurlabs, an ERP software company and Alt Energy, a solar rooftop and microgrid design company.
- Website
- allblock.org
- Social
- Email ID
- *****@allblock.org
- Phone Number
- +49 **********
Key Metrics
Founded Year
2017
Location
Leipzig, Germany
Stage
Seed
Latest Funding Round
Investors
Ranked
304th among 579 active competitors
Employee Count
1 - 10 as on Jul 01, 2024
Legal entities associated with AllBlock
AllBlock is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALLBLOCK UG CIN: HRB34336 , Germany, Active | Dec 13, 2017 | - | - |
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AllBlock's funding and investors
AllBlock has raised funding over 3 rounds. Its first funding round was on Dec 14, 2017. Its latest funding round was a Seed round on Oct 10, 2018 for $*****. 1 investor participated in its latest round. AllBlock has 3 institutional investors.
Here is the list of recent funding rounds of AllBlock:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 10, 2018 | 8084494 | Seed | 1450757 | 3282158 | 5533226 | 1400339 |
Feb 12, 2018 | 5601650 | Seed | 9068734 | 2316807 | 1380724 | 7668628 |
Dec 14, 2017 | 8154801 | Seed | 8485735 | 5631797 | 8460348 |
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AllBlock's founders and board of directors
Founder? Claim ProfileHere are the details of AllBlock's key team members:
- Franz Wollang: Co-Founder of AllBlock.
- Georg Bonin: Co-Founder of AllBlock.
- Shreyansh Surana: Co-Founder of AllBlock.
- Max Bromberg: Co-Founder of AllBlock.
View details of AllBlock's Founder profiles and Board Members
AllBlock's employee count trend
AllBlock has 1 - 10 employees as of Jul 24. Here is AllBlock's employee count trend over the years:
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AllBlock's Competitors and alternates
Top competitors of AllBlock include Sift, Kairos and Simplex. Here is the list of Top 10 competitors of AllBlock, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 75/100 | |
2nd | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
3rd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
4th | Platform offering E- Commerce analytics solutions | $28.2M | 73/100 | ||
5th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
6th | Cloud based KYC and AML management software | $181M | 70/100 | ||
7th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
8th | Elliptic 2013, London (United Kingdom), Series D | Provider of blockchain analytics software for digital asset risk management | $224M | 70/100 | |
9th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Provider of business payments automation, connectivity, cash management, and fraud solutions | - | 69/100 | |
10th |  HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
304th | Blockchain-based degree document verification platform to prevent fraud | - | 29/100 |
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AllBlock's Investments and acquisitions
AllBlock has made no investments or acquisitions yet.
Reports related to AllBlock
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