When was Avara founded?

Avara was founded in 2017 and raised its 1st funding round 7 years after it was founded.

Where is Avara located?

Avara is headquartered in London, United Kingdom.

Who is the current CEO of Avara?

Stani Kulechov of Avara. They have also founded 2 companies.

How many employees does Avara have?

As of Mar 31, 2026, the latest employee count at Avara is 132.

Is Avara a funded company?

Avara is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Dec 18, 2024.

When was the latest funding round of Avara?

Avara's latest funding was a $***** Series B round on Dec 18, 2024, with participation from 16 investors.

Where does Avara rank among its competitors?

Avara ranks 17th amongst 101 active competitors, of which 27 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Acurast, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of Avara?

Avara's top competitors include Chainlink, RedStone and Space and Time. Among them, Acurast secured the most recent funding round in March, 2025.

Avara - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of decentralized and open-source protocols. It creates smart contract-enabled products and public goods that incorporate decentralized blockchain technologies.

Website: avara.xyz
Social
Email ID: *****@avara.xyz, *****@avara.xyz

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series B

Total Funding

$31M in 1 round

Latest Funding Round

Series B, Dec 18, 2024, $*****

Investors

Faction VC & 17 more

Ranked

17^th among 101 active competitors

Employee Count

132 as on Mar 31, 2026

Investment & Acquisitions

[Onbons] & 1 more

Similar Companies

Chainlink & 68 more

View Avara's full profile

Avara has raised a total funding of $31M over 1 round. Its latest funding round was a Series B round on Dec 18, 2024 for $*****. 16 investors participated in its latest round. Avara has 11 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Avara:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 18, 2024	3374708	Series B	4967556	6013993	3632089	4533385

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View details of Avara's funding rounds and investors

The founders of Avara is Stani Kulechov. Stani Kulechov is the CEO of Avara.

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

Stani Kulechov: Founder & CEO of Avara and founder of 1 other company.
Contact Info: 2 email addresses

View details of Avara's Founder profiles and Board Members

Avara's employee count trend

Avara has 132 employees as of Mar 26. Here is Avara's employee count trend over the years:

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Top competitors of Avara include Chainlink, RedStone and Space and Time. Here is the list of Top 10 competitors of Avara, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chainlink 2017, Cayman Islands, Acquired	Decentralized Oracle network to support smart contracts	-	2020 Ventures, Bauhaus Group & 41 others	69/100
2nd	RedStone 2021, Baar (Switzerland), Series A	Provider of decentralised oracle network	$22.9M	b2venture, Cherry Ventures & 37 others	63/100
3rd	Space and Time 2022, Los Angeles (United States), Series A	Provider of a data blockchain securing onchain finance and data	$50M	Framework Ventures, OKX & 28 others	59/100
4th	Chainlink Labs 2014, San Francisco (United States), Funding Raised	Open-source blockchain oracle solutions	-	Underscore VC, The General Partnership & 6 others	54/100
5th	Torram 2024, Toronto (Canada), Seed	Decentralized oracle network for TradeFi and DeFi	$594K	Draper, Boost VC & 7 others	53/100
6th	XY Labs 2012, San Diego (United States), Series B	Platform offering self-sovereign data gathering, storage, and processing solutions	$19.2M	StartEngine, Cravens Investments	52/100
7th	Acurast 2022, Zurich (Switzerland), Seed	Platform bringing the concept of off-chain data on-chain	-	MN Capital	52/100
8th	Pyth Network 2021, Zug (Switzerland), Funding Raised	Blockchain-based oracle network for cross-chain market of verifiable data	-	Republic Capital, Two Sigma Ventures & 4 others	51/100
9th	Switchboard 2020, Tallahassee (United States), Series A	Decentralized Oracle network for Solana	$11M	Tribe Capital, Lemniscap & 16 others	48/100
10th	Clique 2022, San Francisco (United States), Series A	Blockchain network that organizes various off-chain compute resources	$8M	Polychain, CyberFund & 10 others	48/100
17th	Avara 2017, London (United Kingdom), Series B	Developer of decentralized and open-source protocols	$31M	Fabric Ventures, Circle & 16 others	41/100