Solana - About the company
Solana is a series C company based in San Francisco (United States), founded in 2010 by Raj Gokal and Anatoly Yakovenko. It operates as a Blockchain-based infrastructure for transactions and counting. Solana has raised $374M in funding from investors like Andreessen Horowitz, 500 Global and Polychain. The company has 1297 active competitors, including 282 funded and 28 that have exited. Its top competitors include companies like Mysten Labs, Aptos and NEAR.
Company Details
Blockchain-based infrastructure for transactions and counting. It is based on proof of history and stake consensus mechanism. PoH is proof for verifying the order and passage of time between events. The role of PoH in the system is to encode the trustless passage of time into the ledger. Developers can write smart contracts in programming languages supported by LLVM, including Rust and Cuda.
- Website
- solana.com
- Social
- Email ID
- *****@solana.com
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Series C
Total Funding
$374M in 6 rounds
Latest Funding Round
Investors
Ranked
3rd among 1297 active competitors
Employee Count
252 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with Solana
Solana is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Solana Labs, Inc. CIN: 824816888 , United States, Active | Aug 09, 2022 | - | 62 (As on Dec 31, 2023) | - |
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Solana's funding and investors
Solana has raised a total funding of $374M over 6 rounds. Its latest funding round was a Series C round on Jun 09, 2021 for $*****. 9 investors participated in its latest round. Solana has 95 institutional investors.
Here is the list of recent funding rounds of Solana:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 09, 2021 | 1517331 | Series C | 1013185 | 3711569 | 7094003 | 4187986 |
Mar 25, 2021 | 9285999 | Series B | 7511615 | 7953025 | 1644856 | 3910968 |
Mar 24, 2020 | 5259519 | ICO | 2752458 | 8212583 | 9845484 | 7629053 |
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Solana's founders and board of directors
Founder? Claim ProfileThe founders of Solana are Raj Gokal and Anatoly Yakovenko.
Here are the details of Solana's key team members:
- Raj Gokal: Co-Founder of Solana and founder of 1 other company. They are also an angel investor in 19 startups.Contact Info: 2 email addresses
- Anatoly Yakovenko: Co-Founder of Solana and founder of 2 other companies, RazrFi and Solana. They are also an angel investor in 28 startups.Contact Info: 2 email addresses
View details of Solana's Founder profiles and Board Members
Solana's employee count trend
Solana has 252 employees as of Mar 26. Here is Solana's employee count trend over the years:
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Solana's Competitors and alternates
Top competitors of Solana include Mysten Labs, Aptos and NEAR. Here is the list of Top 10 competitors of Solana, 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 | Aptos 2021, Palo Alto (United States), Series D | Provider of protocols for building blockchain-based solutions | $350M | 80/100 | |
3rd |  Solana 2010, San Francisco (United States), Series C | Blockchain-based infrastructure for transactions and counting | $374M | 79/100 | |
4th | NEAR 2017, Zug (Switzerland), Series D | Public blockchain network platform | $542M | 78/100 | |
5th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
6th | Blockchain-based public network for decentralized applications | - | 71/100 | ||
7th |  DFINITY 2014, Palo Alto (United States), Series C | Blockchain-based public network for building decentralized applications | $164M | 69/100 | |
8th |  Avalanche 2018, Tortola (United Kingdom), Funding Raised | Provider of smart contracts platform for decentralized application development | - | 68/100 | |
9th | Concordium 2018, Cham (Switzerland), Series B | Provider of Layer 1 blockchain platform | $15M | 67/100 | |
10th |  Celestia 2011, Vaduz (Liechtenstein), Series C | Blockchain-based modular consensus and data network | $204M | 67/100 |
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Solana's Investments and acquisitions
Solana has made 38 investments in companies including Splyce Finance and Latitude. Solana has also acquired 1 companies including Edgevana.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 09, 2026 | Investments | 2024 | ||
Mar 31, 2026 | Investments | 2018 | Spring (United States) | |
Nov 04, 2025 | Investments | 2025 | New York (United States) |
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News related to Solana
Filter this listMedia has covered Solana for a total of 185 events in the last 1 year, 106 of them have been about company updates and 18 about partnerships.
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Solana's Alpenglow Upgrade, the Biggest Consensus Overhaul, Enters Testing PhaseCoinDesk•May 11, 2026•Solana
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Solana Foundation partners Google Cloud on stablecoin payments for AI agentsFinextra•May 07, 2026•Google Cloud, Solana, Solana
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Jito Foundation and Solana Company Partner to Expand Institutional Solana Infrastructure in APACGlobeNewswire•May 06, 2026•Jito Network, Solana
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Squads Secures $18M Investment: Altitude is Growing on SolanaBitcoin Ethereum News•Apr 29, 2026•Solana
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Israel Approves Shekel Stablecoin on Solana After Two Years of Live TestingCryptonews•Apr 29, 2026•Solana
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Circle Introduces Nanopayments System for Ultra-Small USDC TransfersThe Crypto Times•Apr 29, 2026•Circle, Solana
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Solana Foundation Issues USDT Loan to AAVE Amid DeFi Liquidity CrisisBitcoin Ethereum News•Apr 26, 2026•Solana, Aave
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