When was Altered State Machine founded?

Altered State Machine was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Altered State Machine located?

Altered State Machine is headquartered in Auckland, New Zealand.

Which legal entities is Altered State Machine associated with?

Altered State Machine is associated with Altered State Machine Ltd.

How many employees does Altered State Machine have?

As of Jul 01, 2024, the latest employee count at Altered State Machine is 25.

Is Altered State Machine a funded company?

Altered State Machine is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 06, 2021.

When was the latest funding round of Altered State Machine?

Altered State Machine's latest funding was a $***** Seed round on Mar 10, 2022, with participation from 3 investors.

Where does Altered State Machine rank among its competitors?

Altered State Machine ranks 94th amongst 469 active competitors, of which 97 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Digital Asset, which secured $365M in Jun, 2026.

Who are the top competitors of Altered State Machine?

Altered State Machine's top competitors include Alchemy, Digital Asset and QuickNode. Among them, Digital Asset secured the most recent funding round in June, 2026.

Altered State Machine - 2026 Company Profile, Team, Funding & Competitors

Altered State Machine is a seed company based in Auckland (New Zealand), founded in 2021 by David Jonathan Mcdonald. It operates as a Decentralized platform for developers and NFT owners. Altered State Machine has raised an undisclosed amount in funding from investors like Warner Music Group, TCG and ventures.coinbase.com. The company has 469 active competitors, including 97 funded and 14 that have exited. Its top competitors include companies like Alchemy, Digital Asset and QuickNode.

Company Details

Decentralized platform for developers and NFT owners. It provides solutions for gaming, finance, metaverses, and more. It features AI-enabled agents to track ownerships, trading financial applications, and more.

Website: alteredstatemachine.xyz
Social
Email ID: *****@alteredstatemachine.xyz

Key Metrics

Founded Year

2021

Location

Auckland, New Zealand

Stage

Seed

Latest Funding Round

Seed, Mar 10, 2022, $*****

Investors

Warner Music Group & 34 more

Ranked

94^th among 469 active competitors

Employee Count

25 as on Jul 01, 2024

Similar Companies

Alchemy & 636 more

View Altered State Machine's full profile

Altered State Machine is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Altered State Machine Ltd CIN: 8185918 , New Zealand, Active	May 17, 2021	-	-

Altered State Machine has raised funding over 2 rounds. Its first funding round was on Sep 06, 2021. Its latest funding round was a Seed round on Mar 10, 2022 for $*****. 3 investors participated in its latest round. Altered State Machine has 32 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Altered State Machine:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2022	7289144	Seed	2846342	1922086	7478415	8301548
Sep 06, 2021	1867781	Seed	9388825	4730119	6744472	Vendetta Capital

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View details of Altered State Machine's funding rounds and investors

The founders of Altered State Machine is David Jonathan Mcdonald.

Here are the details of Altered State Machine's key team members:

David Jonathan Mcdonald: Co-Founder of Altered State Machine. They serve on the board of 1 company.
Contact Info: 1 email address

Altered State Machine's Board of Directors

Altered State Machine's board has 2 active members. David Jonathan Mcdonald is part of team and Daniel Gillespie is independent board member.

Here is the list of Altered State Machine's board of directors:

Name	Type	Representing	Status	Duration
David Jonathan Mcdonald	Team	-	Current	5y 2m
Daniel Gillespie	Independent board member	-	Current	4y 9m
hxk{ltv	Independent board member	-	Past	8y 9m

View details of Altered State Machine's Founder profiles and Board Members

Altered State Machine's employee count trend

Altered State Machine has 25 employees as of Jul 24. Here is Altered State Machine's employee count trend over the years:

Employee count trend for Altered State Machine

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Top competitors of Altered State Machine include Alchemy, Digital Asset and QuickNode. Here is the list of Top 10 competitors of Altered State Machine, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Alchemy 2013, San Francisco (United States), Series C	Provider of complete blockchain developer platform	$564M	Silver Lake, Andreessen Horowitz & 36 others	78/100
2nd	Digital Asset 2014, New York City (United States), Series F	Provider of Canton Network, the public blockchain with institutional-grade privacy for tokenized real-world assets	$817M	Goldman Sachs, Samsung Venture Investment ... & 51 others	72/100
3rd	QuickNode 2017, Miami (United States), Series B	Node and Dapp infrastructure for blockchain	$106M	10T, Tiger Global Management & 24 others	70/100
4th	Kresus 2022, San Francisco (United States), Series A	Web3 app intended to let users create mint, manage, and store digital assets	$38M	Liberty City Ventures, Franklin Templeton Investments ... & 6 others	60/100
5th	Galxe 2021, San Mateo (United States), Series A	Web3 credential data network	$10M	DRAGONFLY, Multicoin Capital & 28 others	60/100
6th	Metaplex 2021, Chicago (United States), Series C	Online platform for developing NFTs marketplaces	$46M	Jump Crypto, Multicoin Capital & 17 others	60/100
7th	COCA 2023, London (United Kingdom), Seed	Non-custodial cryptocurrency wallet	-	Stellar, FunFair	55/100
8th	Origin Protocol 2017, San Francisco (United States), Series A	Blockchain platform for building decentralized marketplaces	$31.5M	DHVC, Foundation Capital & 55 others	54/100
9th	HaHa 2019, Remote (United States), Funding Raised	Mobile wallet for NFT and crypto traders	-	Outlier Ventures	52/100
10th	Ryder 2022, Amsterdam (Netherlands), Seed	Digital asset hardware wallet	$4.4M	Oak Grove Ventures, SBX Capital & 9 others	51/100
94th	Altered State Machine 2021, Auckland (New Zealand), Seed	Decentralized platform for developers and NFT owners	-	Alpha Sigma Capital, Outlier Ventures & 33 others	30/100