Avail - About the company
Avail is a series A company based in Dubai (United Arab Emirates), founded in 2023 by Anurag Arjun and Prabal Banerjee. It operates as a Web3 infrastructure layer platform. Avail has raised $75M in funding from investors like Founders Fund, CyberFund and DRAGONFLY. The company has 1300 active competitors, including 281 funded and 29 that have exited. Its top competitors include companies like Mysten Labs, Aptos and Solana.
Company Details
Web3 infrastructure layer platform. It offers a modular blockchain with a data availability layer to manage blockchain networks. It offers an essential base layer for application development. It enables businesses to address rollup fragmentation by unifying rollups and chains.
- Website
- availproject.org
Key Metrics
Founded Year
2023
Location
Dubai, United Arab Emirates
Stage
Series A
Total Funding
$75M in 3 rounds
Latest Funding Round
Investors
Ranked
36th among 1300 active competitors
Employee Count
53 as on May 31, 2026
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Avail's funding and investors
Avail has raised a total funding of $75M over 3 rounds. Its latest funding round was a Series A round on Jun 04, 2024 for $*****. 18 investors participated in its latest round. Avail has 19 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Avail:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 04, 2024 | 6158963 | Series A | 4694919 | 6986431 | 3321442 | 3164440 |
Feb 26, 2024 | 6736614 | Seed | 7908323 | 9975193 |
View details of Avail's funding rounds and investors
Avail's founders and board of directors
Founder? Claim ProfileThe founders of Avail are Anurag Arjun and Prabal Banerjee.
Here are the details of Avail's key team members:
- Anurag Arjun: Co-Founder of Avail and founder of 1 other company. They are also an angel investor in 4 startups.Contact Info: 1 email address
- Prabal Banerjee: Co-Founder of Avail. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Avail's Founder profiles and Board Members
Avail's employee count trend
Avail has 53 employees as of May 26. Here is Avail's employee count trend over the years:
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Avail's Competitors and alternates
Top competitors of Avail include Mysten Labs, Aptos and Solana. Here is the list of Top 10 competitors of Avail, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 81/100 | |
2nd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 80/100 | |
3rd | Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 78/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
6th | Blockchain-based public network for decentralized applications | - | 71/100 | ||
7th | DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 69/100 | |
8th | Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
9th | Celestia 2011, Vaduz (Liechtenstein), Series C | Blockchain-based modular consensus and data network | $204M | 67/100 | |
10th | Concordium 2018, Cham (Switzerland), Series B | Layer-1 blockchain protocol focused on identity-first | $15M | 67/100 | |
36th | Avail 2023, Dubai (United Arab Emirates), Series A | Web3 infrastructure layer platform | $75M | 59/100 |
Looking for more details on Avail's competitors? Click here to see the top ones
Avail's Investments and acquisitions
Avail has made 1 investment in Lens and acquired Arcana.Reports related to Avail
Here is the latest report on Avail's geography:
News related to Avail
Media has covered Avail for 1 event in last 1 year.
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Cartesi and Avail Announce Strategic Integration to Advance Web3 DevelopmentFinSMEs•Jul 02, 2024•Cartesi, Avail
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FalconX to be the First Custodian Supporting Avail Token Ahead of the Avail DA Mainnet LaunchPR Newswire•Jun 18, 2024•FalconX, Avail
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HTX Ventures Invests in Avail to Support Key Infrastructure DevelopmentPR Newswire•Jun 12, 2024•HTX, Avail
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Polygon Spinoff Avail Raises $43M in Series A FundingCoinDesk•Jun 04, 2024•Avail, Founders Fund, DRAGONFLY, CyberFund and 25 others
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