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.
- Website
- nillion.com
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Series A
Total Funding
$50M in 3 rounds
Latest Funding Round
Investors
Ranked
126th among 1377 active competitors
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 |
View details of Nillion's funding rounds and investors
Nillion's founders and board of directors
Founder? Claim ProfileThe founders of Nillion is Andrew Masanto.
Here are the details of Nillion's key team members:
- Andrew Masanto: Co-Founder of Nillion. Contact Info: 1 email address
View details of Nillion's Founder profiles and Board Members
Nillion's employee count trend
Nillion has 129 employees as of Aug 26. Here is Nillion's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mysten Labs 2021, Palo Alto (United States), Series B | Blockchain platform offering Web3 infrastructure solutions | $336M | 81/100 | |
2nd | Solana 2010, San Francisco (United States), Series C | Developer of enterprise infrastructure for issuing assets and digital payments | $374M | 79/100 | |
3rd | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 77/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 76/100 | |
6th | Ankr 2017, San Francisco (United States), Series C | Provider of blockchain infrastructure node access and decentralized network services | $16M | 73/100 | |
7th | Blockchain-based public network for decentralized applications | - | 70/100 | ||
8th | Chain 2014, San Francisco (United States), Acquired | Blockchain solutions empowering businesses to thrive in the Web3 era | $39.5M | 70/100 | |
9th | DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 68/100 | |
10th | Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
126th | 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
Here is the latest report on Nillion's sector:
News related to Nillion
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Privacy-Secure Computing Network Nillion Completes $25 Million in New Funding, Bringing Total Funding to Over $50 MillionPANews•Oct 30, 2024•Nillion, Hack VC, Arbitrum, World and 5 others
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Nillion And Ritual Team Up To Build Trustless Decentralized Ai Inference TechnologySiliconAngle•Aug 07, 2024•Nillion, Ritual
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Nillion raises over $20 million to build new web3 infrastructureTechCrunch+•Dec 13, 2022•Nillion, Distributedglobal, Big Brain Holdings, Chapter One and 5 others
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Slava Rubin Says Web3’s Future Will Be Based on Decentralized Data StorageCoinDesk•Nov 01, 2022•Nillion
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