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 Developer of enterprise infrastructure for issuing assets and digital payments. Solana has raised $374M in funding from investors like Andreessen Horowitz, 500 Global and Polychain, with a current valuation of $*****. The company has 1408 active competitors, including 288 funded and 30 that have exited. Its top competitors include companies like Mysten Labs, Aptos and NEAR.
Company Details
Developer of enterprise infrastructure for issuing assets and digital payments. This platform provides application programming interfaces and tools for tokenization, payment orchestration, and financial transaction settlement. It supports the creation of stablecoins and real-world assets, enabling institutions to facilitate cross-border money transfers and compliant on-chain financial operations. The technology stack includes resources for building decentralized applications, managing network data, and integrating automated agent workflows for various commercial use cases.
- 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
Post Money Valuation
$***** as on Jan 26, 2025
Investors
Ranked
2nd among 1408 active competitors
Employee Count
565 as on Aug 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 97 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 | 8432351 | Series C | 9293045 | 5780886 | 2634925 | 8690488 |
Mar 25, 2021 | 5012102 | Series B | 7909274 | 5297729 | 9035062 | 7491936 |
Mar 24, 2020 | 1103848 | ICO | 6477890 | 3763720 | 6654029 | 8743789 |
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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 30 startups.Contact Info: 2 email addresses
View details of Solana's Founder profiles and Board Members
Solana's employee count trend
Solana has 565 employees as of Aug 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 |  Solana 2010, San Francisco (United States), Series C | Developer of enterprise infrastructure for issuing assets and digital payments | $374M | 80/100 | |
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 |
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Solana's Investments and acquisitions
Solana has made 41 investments in companies including CatchBack Cards and KOR Protocol. 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 |
|---|---|---|---|---|
Sep 23, 2026 | Investments | 2025 | Wilmington (United States) | |
Jul 07, 2026 | Investments | 2024 | Dubai (United Arab Emirates) | |
Apr 09, 2026 | Investments | 2024 |
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Reports related to Solana
Here is the latest report on Solana's sector:
News related to Solana
Filter this listMedia has covered Solana for a total of 161 events in the last 1 year, 105 of them have been about company updates and 18 about partnerships.
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Solana Doubles Block Production Speed to 200ms Ahead of Alpenglow UpgradeCryptoSlate•Oct 10, 2026•Solana
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Samsung Wallet to Support Solana Stablecoins on 82 Million U.S. Galaxy DevicesPR Newswire•Oct 08, 2026•Solana, Samsung, Coinbase, Circle and 1 other
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Solana Foundation Launches Program for Instant Institutional Trade Settlements, JPMorgan Contributes ExpertiseCoinDesk•Oct 06, 2026•Solana, J P Morgan
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Solana Validators Vote to Double Disinflation Rate, Affecting SOL Supply and Staking YieldsWall St.•Sep 26, 2026•Solana
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Solana Triples Transaction Size with Upgrades Amidst Record Network ActivityCryptoSlate•Sep 17, 2026•Solana
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1win Expands Crypto Offering With USDC on Solana and New Ecosystem DevelopmentsCoin Spectator•Sep 07, 2026•1win, Solana
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Solana's "Million-Payments-a-Second" AI System May Leave Sellers UnpaidCryptoSlate•Sep 07, 2026•Solana
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Solana Launches $ARB via Sunrise, Promising 10x Lower Trading FeesCryptocurrency•Sep 06, 2026•Solana
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