When was Quai founded?

Quai was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is Quai located?

Quai is headquartered in Austin, United States.

How many employees does Quai have?

As of Aug 31, 2026, the latest employee count at Quai is 15.

Is Quai a funded company?

Quai is a funded company, having raised a total of $15M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 24, 2022.

When was the latest funding round of Quai?

Quai's latest funding was a $***** Series A round on Aug 29, 2024, with participation from 5 investors. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.5B in funding in 2026 to date.

Where does Quai rank among its competitors?

Quai ranks 151st amongst 1415 active competitors, of which 288 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Aptos, which secured an undisclosed amount in Sep, 2024.

Who are the top competitors of Quai?

Quai's top competitors include Mysten Labs, Solana and Aptos. Among them, Aptos secured the most recent funding round in September, 2024.

Quai - 2026 Company Profile, Funding & Competitors

Quai is a series A company based in Austin (United States), founded in 2017. It operates as a Developer of a multi-chain blockchain network using Proof-of-Work consensus. Quai has raised $15M in funding from investors like Polychain, Alumni Ventures and Cogitent. The company has 1415 active competitors, including 288 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Solana and Aptos.

Company Details

Developer of a multi-chain blockchain network using Proof-of-Work consensus. The architecture utilizes braided sub-networks and a prime chain to facilitate horizontal scaling, high throughput, and shared security across the entire ecosystem. It supports EVM-compatible smart contracts and features a dual-token system for value storage and digital transactions. The network incentivizes hardware participation by allowing concurrent mining of other protocols and utilizes energy-based validation to ensure censorship resistance and decentralization. The system design enables parallel transaction processing to maintain low fees and finality without the necessity for external secondary layers.

Website: www.qu.ai/
Social
Email ID: *****@dominantstrategies.io

Key Metrics

Founded Year

2017

Location

Austin, United States

Stage

Series A

Total Funding

$15M in 3 rounds

Latest Funding Round

Series A, Aug 29, 2024, $*****

Investors

Polychain & 10 more

Ranked

151^st among 1415 active competitors

Employee Count

15 as on Aug 31, 2026

Similar Companies

Solana & 1460 more

View Quai's full profile

Quai has raised a total funding of $15M over 3 rounds. Its first funding round was on Mar 24, 2022. Its latest funding round was a Series A round on Aug 29, 2024 for $*****. 5 investors participated in its latest round. Quai has 11 institutional investors.

Here is the list of recent funding rounds of Quai:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 29, 2024	8875867	Series A	7612805	8511528	4342277	3119226
May 06, 2022	2600652	Seed	7764245	3937523	7249531	1244004
Mar 24, 2022	7796068	Seed	1378406	6043220	Polychain	2037622

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View details of Quai's funding rounds and investors

Quai's employee count trend

Quai has 15 employees as of Aug 26. Here is Quai's employee count trend over the years:

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Top competitors of Quai include Mysten Labs, Solana and Aptos. Here is the list of Top 10 competitors of Quai, ranked by Tracxn score:

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	Andreessen Horowitz, FTX & 42 others	81/100
2nd	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	79/100
3rd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 34 others	78/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Accomplice & 92 others	77/100
5th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	76/100
6th	Ankr 2017, San Francisco (United States), Series C	Provider of blockchain infrastructure node access and decentralized network services	$16M	pinup-online.in, Vibrant Capital & 30 others	73/100
7th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	KR1, HFRRF & 109 others	70/100
8th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Visa, Nasdaq & 26 others	70/100
9th	DFINITY 2014, Palo Alto (United States), Series C	Blockchain-based public network for building decentralized applications	$164M	Andreessen Horowitz, Polychain & 61 others	68/100
10th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	RAA Capital, Republic Capital & 44 others	68/100
151st	Quai 2017, Austin (United States), Series A	Developer of a multi-chain blockchain network using Proof-of-Work consensus	$15M	Lontra Ventures, Alumni Ventures & 9 others	42/100