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Nillion - About the company

Nillion is a series A company based in New York City (United States), founded in 2021 by Andrew Masanto. It operates as a Web3 infrastructure developing blockchain network. Nillion has raised $50M in funding from Distributedglobal and Hack VC. The company has 1377 active competitors, including 290 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Solana and Aptos.

Company Details

Web3 infrastructure developing blockchain network. It provides decentralized secure storage and computation solutions. Its proprietary product, Nil Message Compute allows nodes in a decentralized network to compute information. Another product, Secure Multi-Party Computation (SMPC), is purpose-built for decentralized secure storage and computation.
Social
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Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Series A
Total Funding
$50M in 3 rounds
Latest Funding Round
Ranked
Employee Count
129 as on Aug 31, 2026
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Nillion's funding and investors

Nillion has raised a total funding of $50M over 3 rounds. Its first funding round was on Dec 12, 2022. Its latest funding round was a Series A round on Oct 30, 2024 for $*****. 1 investor participated in its latest round. Nillion has 24 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Nillion:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 30, 2024
2036277
Series A
1240335
1449286
6248604
4809470
Jun 26, 2024
6725377
ICO
8069140
8483514
1126445
4982726
Dec 12, 2022
7594215
Seed
4311717
9817955
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Nillion's founders and board of directors

Founder? Claim Profile
The founders of Nillion is Andrew Masanto.
Here are the details of Nillion's key team members:

Nillion's employee count trend

Nillion has 129 employees as of Aug 26. Here is Nillion's employee count trend over the years:
Employee count trend for Nillion
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Nillion's Competitors and alternates

Top competitors of Nillion include Mysten Labs, Solana and Aptos. Here is the list of Top 10 competitors of Nillion, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
81/100
2nd
Logo for Solana
Solana
2010, San Francisco (United States), Series C
Developer of enterprise infrastructure for issuing assets and digital payments
$374M
79/100
3rd
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
79/100
4th
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
77/100
5th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
76/100
6th
Logo for Ankr
Ankr
2017, San Francisco (United States), Series C
Provider of blockchain infrastructure node access and decentralized network services
$16M
73/100
7th
Logo for Ethereum
Ethereum
2013, Toronto (Canada), Series B
Blockchain-based public network for decentralized applications
-
70/100
8th
Logo for Chain
Chain
2014, San Francisco (United States), Acquired
Blockchain solutions empowering businesses to thrive in the Web3 era
$39.5M
70/100
9th
Logo for DFINITY
DFINITY
2014, Palo Alto (United States), Series C
Blockchain-based public network for building decentralized applications
$164M
68/100
10th
Logo for Avalanche
Avalanche
2018, Tortola (United Kingdom), Funding Raised
Provider of smart contracts platform for decentralized application development
-
68/100
126th
Logo for Nillion
Nillion
2021, New York City (United States), Series A
Web3 infrastructure developing blockchain network
$50M
44/100
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Nillion's Investments and acquisitions

Nillion has made no investments or acquisitions yet.

Reports related to Nillion

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News related to Nillion

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