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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 1287 active competitors, including 280 funded and 27 that have exited. Its top competitors include companies like Solana, NEAR 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
X
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
135 as on Mar 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 21 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
3644650
Series A
7719898
1677185
4466398
1931238
Jun 26, 2024
9002197
ICO
9882304
5618861
2755562
4932091
Dec 12, 2022
4796578
Seed
1098855
5644038
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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 135 employees as of Mar 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 Solana, NEAR 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 Solana
Solana
2010, San Francisco (United States), Series C
Blockchain-based infrastructure for transactions and counting
$374M
79/100
2nd
Logo for NEAR
NEAR
2017, Zug (Switzerland), Series D
Public blockchain network platform
$542M
78/100
3rd
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
77/100
4th
Logo for Mysten Labs
Mysten Labs
2021, Palo Alto (United States), Series B
Blockchain platform offering Web3 infrastructure solutions
$336M
76/100
5th
Logo for AVA
AVA
2018, Brooklyn (United States), Series B
Blockchain platform for smart contracts and custom subnets
$368M
75/100
6th
Logo for Ethereum
Ethereum
2013, Toronto (Canada), Series B
Blockchain-based public network for decentralized applications
-
71/100
7th
Logo for DFINITY
DFINITY
2014, Palo Alto (United States), Series C
Blockchain-based public network for building decentralized applications
$164M
69/100
8th
Logo for Avalanche
Avalanche
2018, Tortola (United Kingdom), Funding Raised
Provider of smart contracts platform for decentralized application development
-
68/100
9th
Logo for Concordium
Concordium
2018, Cham (Switzerland), Series B
Provider of Layer 1 blockchain platform
$15M
67/100
10th
Logo for ThunderCore
ThunderCore
2017, Sunnyvale (United States), Series B
Decentralized platform for the deployment of dApps
$55.8M
67/100
173rd
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.

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