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DoubleZero - About the company

DoubleZero is a series B company based in New York City (United States), founded in 2024 by Austin Federa. It operates as an Operator of a permissionless network providing infrastructure for distributed systems. DoubleZero has raised $28M in funding from DRAGONFLY and Multicoin Capital, with a current valuation of $*****. The company has 210 active competitors, including 51 funded and 3 that have exited. Its top competitors include companies like KGeN, 0G Labs and Gaia.

Company Details

Operator of a permissionless network providing infrastructure for distributed systems. The network facilitates increased bandwidth and reduced latency for blockchain communication. It combines fiber links with edge filtering hardware. This infrastructure aims to enable higher performance for blockchain systems without compromising decentralization. The dual-ring architecture reduces consensus time and bolsters security.
Social
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Email ID
*****@doublezero.xyz, *****@doublezero.xyz, *****@doublezero.xyz
Key Metrics
Founded Year
2024
Location
New York City, United States
Stage
Series B
Total Funding
$28M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 25, 2025
Investors
Ranked
Employee Count
25 as on Sep 30, 2026
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DoubleZero's funding and investors

DoubleZero has raised a total funding of $28M over 2 rounds. Its first funding round was on Mar 06, 2025. Its latest funding round was a Series B round on 2025 for $*****. 1 investor participated in its latest round. DoubleZero has 7 institutional investors.

Here is the list of recent funding rounds of DoubleZero:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2025
5285
Series B
9486
2432
1330
4225
Mar 06, 2025
2409472
Series B
8778216
8522574
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DoubleZero's founders and board of directors

Founder? Claim Profile
The founders of DoubleZero is Austin Federa.
Here are the details of DoubleZero's key team members:

DoubleZero's employee count trend

DoubleZero has 25 employees as of Sep 26. Here is DoubleZero's employee count trend over the years:
Employee count trend for DoubleZero
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DoubleZero's Competitors and alternates

Top competitors of DoubleZero include KGeN, 0G Labs and Gaia. Here is the list of Top 10 competitors of DoubleZero, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for KGeN
KGeN
2022, Bengaluru (India), Series A
Operator of verified distribution protocol for AI gaming and DeFi users
$42.8M
72/100
2nd
Logo for 0G Labs
0G Labs
2023, San Francisco (United States), Seed
Provider of modular blockchain infrastructure for decentralized artificial intelligence workloads
$75M
68/100
3rd
Logo for Gaia
Gaia
2024, Berkeley (United States), Series A
Blockchain-based decentralized computing infrastructure
$20M
65/100
4th
Logo for Nodepay
Nodepay
2024, Hong Kong (China), Seed
Platform for AI training and development
$7M
60/100
5th
Logo for Raiinmaker
Raiinmaker
2019, Seattle (United States), Seed
Decentralized AI platform that enables users to contribute to the development of AI models
$12.5M
56/100
6th
Logo for BetterButter
BetterButter
2015, Delhi (India), Acquired
Online social platform to discover popular dishes and recipes
$1.23M
54/100
7th
Logo for OpenGradient
OpenGradient
2024, New York City (United States), Seed
Decentralized platform for scaling verifiable AI
$9.5M
51/100
8th
Logo for Allora Network
Allora Network
2024, New York City (United States), Series A
Network of decentralized AI providing context-aware predictions using machine learning
$35M
51/100
9th
Logo for ChromaWay
ChromaWay
2014, Stockholm (Sweden), Series A
Developer of relational blockchain platforms and decentralized technology software solutions
$10.1M
51/100
10th
Logo for Bittensor
Bittensor
2019, Toronto (Canada), Funding Raised
Blockchain-based decentralized AI platform
-
50/100
15th
Logo for DoubleZero
DoubleZero
2024, New York City (United States), Series B
Operator of a permissionless network providing infrastructure for distributed systems
$28M
48/100
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DoubleZero's Investments and acquisitions

DoubleZero has made no investments or acquisitions yet.

Reports related to DoubleZero

Here is the latest report on DoubleZero's sector:

News related to DoubleZero

Media has covered DoubleZero for a total of 9 events in the last 1 year, 8 of them have been about company updates and 1 about partnerships.
•
DoubleZero Adds Binance Market Data to EdgePR Newswire•Oct 08, 2026•DoubleZero
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