AltLayer - About the company
AltLayer is a series A company based in Singapore (Singapore), founded in 2021. It operates as a Blockchain-based network for hosting web3 applications. AltLayer has raised $21.6M in funding from investors like Polychain, Binance and Hack VC. The company has 25 active competitors, including 17 that are funded. Its top competitors include companies like Optimism, Offchain Labs and Metis.
Company Details
Blockchain-based network for hosting web3 applications. The company provides a general-purpose chain for hosting dApps on Web3. The layer scaling solution is an optimistic rollup known as flash layer. The protocol enables the launch of Restaked rollups, which provide elastic scaling for blockchain services.
- Website
- altlayer.io
- Social
- Email ID
- *****@altlayer.io
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Stage
Series A
Total Funding
$21.6M in 3 rounds
Latest Funding Round
Ranked
5th among 25 active competitors
Employee Count
16 as on Jul 31, 2026
Investment & Acquisitions
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AltLayer's funding and investors
AltLayer has raised a total funding of $21.6M over 3 rounds. Its first funding round was on Jul 01, 2022. Its latest funding round was a Series A round on Feb 19, 2024 for $*****. 10 investors participated in its latest round. AltLayer has 16 institutional investors and 7 angel investors.
Here is the list of recent funding rounds of AltLayer:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 19, 2024 | 2864828 | Series A | 5455454 | 2216359 | 6328753 | 6547643 |
Aug 09, 2023 | 6180359 | Seed | 2020719 | 6412092 | 4519056 | 1040439 |
Jul 01, 2022 | 1736700 | Seed | 7503928 | 1733535 |
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AltLayer's founders and board of directors
Founder? Claim ProfileAltLayer's employee count trend
AltLayer has 16 employees as of Jul 26. Here is AltLayer's employee count trend over the years:
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AltLayer's Competitors and alternates
Top competitors of AltLayer include Optimism, Offchain Labs and Metis. Here is the list of Top 10 competitors of AltLayer, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Optimism 2019, New York City (United States), Series B | Developer of blockchain software used for scaling decentralized network applications | $175M | 72/100 | |
2nd | Offchain Labs 2018, Princeton (United States), Series B | Developer of solutions for Ethereum smart contracts | $124M | 65/100 | |
3rd | Provider of layer two scaling infrastructure for decentralized blockchain networks | $4M | 63/100 | ||
4th |  Arbitrum 2018, Princeton (United States), Seed | Blockchain-enabled application development platform for the fintech industry | - | 60/100 | |
5th | Blockchain-based network for hosting web3 applications | $21.6M | 58/100 | ||
6th |  Movement Network 2023, British Virgin Islands, Series B | Developer of modular move-based blockchains | $141M | 56/100 | |
7th | Provider of a blockchain platform for decentralized finance (DeFi) by utilizing Layer 2 protocols | $20.3M | 54/100 | ||
8th | Rome 2024, Solana Beach (United States), Series A | Developer of software enabling interoperability between blockchain networks and ecosystems | $9M | 54/100 | |
9th | Developer of a high throughput layer two scaling blockchain solution | $81.5M | 52/100 | ||
10th |  TEN 2014, Winchester (United Kingdom), Series A | Developer of a layer two network for encrypted Ethereum transactions | $9M | 48/100 |
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AltLayer's Investments and acquisitions
AltLayer has a total of 1 investment in Halliday. AltLayer has not made any acquisitions as of now.Reports related to AltLayer
Here is the latest report on AltLayer's sector:
News related to AltLayer
Filter this listMedia has covered AltLayer for 1 event in last 1 year.
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Turtle Raises $5.5M to Expand Liquidity Distribution NetworkBenzinga•Oct 20, 2025•AltLayer, Polygon, 1inch
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Web3 workflow protocol Halliday completes $20 million Series A financing, led by a16z cryptoPANews•Mar 18, 2025•Halliday, a16zcrypto, Halliday, Defikingdoms and 6 others
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AltLayer Commences Partnership with LogX to Offer RaaS SolutionsCoinMarketCap•Jul 19, 2024•LogX, AltLayer
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OKX Ventures Backs $14.4M Round for AltLayerBitcoin Ethereum News•Feb 22, 2024•OKX, AltLayer, Polychain, Hack VC and 7 others
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AltLayer launches SDK to streamline hyperchain deployment on zkSyncBenzinga•Feb 14, 2024•StoreDot, Matter Labs, AltLayer
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AltLayer and Celer Network Join Forces to Boost Blockchain InteroperabilityBitcoin Ethereum News•Nov 24, 2023•AltLayer, Celer Network
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AltLayer Unveils “Turbo” Rollup Framework For Autonomous WorldsCoincu Financial Group•Sep 22, 2023•AltLayer
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Automata Collaborates with AltLayer to Build Automata 2.0: The First Modular Attestation LayerGlobal Fintech Series•Sep 01, 2023•AltLayer, Automata Network
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