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.
- Website
- doublezero.xyz
- 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
Ranked
15th among 210 active competitors
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 |
View details of DoubleZero's funding rounds and investors
DoubleZero's founders and board of directors
Founder? Claim ProfileThe founders of DoubleZero is Austin Federa.
Here are the details of DoubleZero's key team members:
- Austin Federa: Co-Founder of DoubleZero. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of DoubleZero's Founder profiles and Board Members
DoubleZero's employee count trend
DoubleZero has 25 employees as of Sep 26. Here is DoubleZero's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of verified distribution protocol for AI gaming and DeFi users | $42.8M | 72/100 | ||
2nd | 0G Labs 2023, San Francisco (United States), Seed | Provider of modular blockchain infrastructure for decentralized artificial intelligence workloads | $75M | 68/100 | |
3rd | Gaia 2024, Berkeley (United States), Series A | Blockchain-based decentralized computing infrastructure | $20M | 65/100 | |
4th | Platform for AI training and development | $7M | 60/100 | ||
5th | 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 | BetterButter 2015, Delhi (India), Acquired | Online social platform to discover popular dishes and recipes | $1.23M | 54/100 | |
7th | OpenGradient 2024, New York City (United States), Seed | Decentralized platform for scaling verifiable AI | $9.5M | 51/100 | |
8th | 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 | Developer of relational blockchain platforms and decentralized technology software solutions | $10.1M | 51/100 | ||
10th | Blockchain-based decentralized AI platform | - | 50/100 | ||
15th | DoubleZero 2024, New York City (United States), Series B | Operator of a permissionless network providing infrastructure for distributed systems | $28M | 48/100 |
Looking for more details on DoubleZero's competitors? Click here to see the top ones
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.
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Kalshi Launches Real-Time Order Book Data Feed for Institutional TradersFinance Magnates•Aug 13, 2026•Kalshi, Cantor Fitzgerald, DoubleZero
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DoubleZero Updates Solana Network to Make Global Crypto Trades FasterCoinDesk•Feb 26, 2026•DoubleZero
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DoubleZero Joins Blockchain Association to Advocate for Blockchain-Friendly PolicyCrowdfund Insider•Dec 22, 2025•DoubleZero
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DoubleZero Mainnet Launches with 22% of Staked SOL, Enhancing Blockchain Validator CommunicationCoinDesk•Oct 02, 2025•DoubleZero
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DoubleZero Launches $537M SOL Stake Pool to Turbocharge Solana Validator NetworkCoinDesk•Jul 30, 2025•DoubleZero
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DoubleZero Foundation raises $28 million to expand a 'global fiber network' for blockchainsThe Block•Mar 06, 2025•Doublezero, Multicoin Capital, Dragonfly Capital, Jump Crypto and 6 others
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DoubleZero's 'New Internet' for Blockchains Nabs $400M Valuation from Top Crypto VCsCoinDesk•Mar 06, 2025•DoubleZero, Dragonfly, Multicoin Capital, Doublezero and 8 others
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