Kite - About the company
Kite is a series A company based in San Francisco (United States), founded in 2020 by Chi Zhang and Scott Shi. It operates as a Developer of a blockchain infrastructure for autonomous agents and AI systems. Kite has raised $33M in funding from PayPal and General Catalyst. The company has 292 active competitors, including 86 funded and 9 that have exited. Its top competitors include companies like Ripple, Terra and Algorand.
Company Details
Developer of a blockchain infrastructure for autonomous agents and AI systems. It provides tools for building agents with verifiable identity, programmable governance, and native stablecoin transactions. The infrastructure includes a Layer 1 blockchain designed for artificial intelligence, utilizing Proof of Artificial Intelligence. It facilitates agent discovery, interaction, and payment for services within an autonomous economy.
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series A
Total Funding
$33M in 2 rounds
Latest Funding Round
Ranked
31st among 292 active competitors
Employee Count
25 as on Jan 31, 2026
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Kite's funding and investors
Kite has raised a total funding of $33M over 2 rounds. Its first funding round was on Sep 02, 2025. Its latest funding round was a Series A round on Oct 27, 2025 for $*****. 1 investor participated in its latest round. Kite has 16 institutional investors.
Here is the list of recent funding rounds of Kite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 27, 2025 | 9198548 | Series A | 7916670 | 8455034 | 8899121 | 2326738 |
Sep 02, 2025 | 4177493 | Series A | 3642234 | 1899815 |
View details of Kite's funding rounds and investors
Kite's founders and board of directors
Founder? Claim ProfileHere are the details of Kite's key team members:
- Chi Zhang: Co-Founder & CEO of Kite and founder of 1 other company. Contact Info: 1 email address
- Scott Shi: Co-Founder & CTO of Kite and founder of 1 other company. Contact Info: 1 email address
View details of Kite's Founder profiles and Board Members
Kite's employee count trend
Kite has 25 employees as of Jan 26. Here is Kite's employee count trend over the years:
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Kite's Competitors and alternates
Top competitors of Kite include Ripple, Terra and Algorand. Here is the list of Top 10 competitors of Kite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ripple 2012, San Francisco (United States), Series D | Provider of blockchain and digital asset solutions for financial institutions | $853M | 81/100 | |
2nd | Blockchain network for payments | $125M | 75/100 | ||
3rd | Algorand 2017, Boston (United States), Series A | Blockchain-based network platform for the finance industry | $66M | 73/100 | |
4th | Compound 2017, San Francisco (United States), Series B | P2P lending platform based on the Ethereum blockchain | $79.4M | 72/100 | |
5th | Injective 2018, New York City (United States), Series A | Programmable processor architecture for computers | $52.6M | 70/100 | |
6th | Mina 2018, San Francisco (United States), Series A | Decentralized platform offering blockchain infrastructure solutions | $19.5M | 66/100 | |
7th | Blockchain-based explorer and wallets for cryptocurrencies | - | 66/100 | ||
8th | Taurus 2018, Geneva (Switzerland), Series B | Online platform for custody, issuance, tokenization, and regulated digital asset marketplace | $65M | 63/100 | |
9th | Ownera 2018, London (United Kingdom), Series A | Blockchain-based ownership issuance and digital security solutions | $20M | 58/100 | |
10th | Decentralized liquidity network providing compliant DeFi solutions | $5.12M | 57/100 | ||
31st | Kite 2020, San Francisco (United States), Series A | Developer of a blockchain infrastructure for autonomous agents and AI systems | $33M | 57/100 |
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Kite's Investments and acquisitions
Kite has made no investments or acquisitions yet.
News related to Kite
Media has covered Kite for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two HoursCoinDesk•Nov 03, 2025•Kite
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Crypto-Native Tipping Protocol Noice Discloses InvestmentChainCatcher•Oct 14, 2025•Coinbase, Lake County Property Appr, Noise Protocol, Kite and 2 others
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Kite Secures $18M Series A Funding to Build Trust Infrastructure for Agentic WebTechStartups.com•Sep 02, 2025•Kite, PayPal Ventures, General Catalyst, Kite and 15 others
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