About Alliance DAO
Alliance DAO, an accelerator and incubator program founded in 2020, is based in New York, United States. With a presence in 15 countries, it has supported around 51 startups in sectors like Blockchain Technology, High Tech. As of Sep 2026, Alliance DAO has 2 unicorns under its belt and has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Magic Eden, Nexus and Boba. The program is backed by a team of 16 people who primarily support Seed startups based in United States. Its latest investment was a $15M Seed round in Vorflux on Jul 15, 2026, which also saw participation from Y Combinator and Peak XV Partners.
Key Metrics
Founded Year
2020
Location
New York, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Locations of Investment
Unicorn in Portfolio
Alliance DAO's List of Top Investments
Alliance DAO has a portfolio of 51 companies, including 2 unicorns. Their most notable investments are in Qiro and o1.exchange.Their portfolio spans across United States, Singapore, United Kingdom and 12 more locations. They have invested in Blockchain Technology, High Tech, FinTech and 12 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Alliance DAO:
1. Magic Eden
Online marketplace for non-fungible tokens. It enables users to buy and sell NFT including digital arts, sports contests, events, digital games, and more. It also offers NFT creation, collection, and earns rewards for users.
Key facts about Magic Eden
- Founded Year: 2021
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $157M
- Employee Count: 125 as on Aug 31, 2026
- Investors: Foundation Capital, RAA Capital and 25 Others
- Latest Funding Round: Series B, Jun 21, 2022, $*****
- Highlight: Editors' Pick
2. Nexus
Provider of Layer 1 blockchain platform optimized for high-frequency cryptocurrency trading and decentralized finance applications. It operates a specialized blockchain network designed to handle rapid financial transactions and trading activity through a custom zero-knowledge virtual machine that runs on distributed nodes worldwide. The platform includes an exchange for perpetual futures trading with up to 50x leverage, a native stablecoin called USDX for unified settlements, and tools for developers to build financial applications with low-latency execution. It offers Nexus zkVM a virtual machine that can generate cryptographic proofs for any computation and ensures results are verifiable,.
Key facts about Nexus
- Founded Year: 2022
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $27.2M
- Employee Count: 527 as on Aug 31, 2026
- Investors: Lightspeed Venture Partners, SV Angel and 5 Others
- Latest Funding Round: Series A, Jun 10, 2024, $*****
- Highlight: Editors' Pick
3. Boba
Decentralized network platform for Ethereum. It provides users with NFT bridging, save gas, and liquidity pools, reduce gas fees, extends the capabilities of smart contracts, improves transaction, and more. It allows developers to build DApps that invoke code executed on web-scale infrastructure such as AWS Lambda.
Key facts about Boba
- Founded Year: 2021
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $45M
- Employee Count: 10 as on Aug 31, 2026
- Investors: Hack VC, 10X Capital and 44 Others
- Latest Funding Round: Series A, Apr 05, 2022, $*****
- Highlight: Editors' Pick
4. Hata
Cryptocurrency exchange platform. It offers a digital asset platform that offers an online exchange for buying and selling cryptocurrencies with fiat currency. It also provides real-time data, financial news, reports, a stock screener, and an economic calendar.
Key facts about Hata
- Founded Year: 2023
- Location: Kuala Lumpur (Malaysia)
- Stage: Series A
- Total Funding till date: $12.2M
- Employee Count: 41 as on Aug 31, 2026
- Investors: Castle Island Ventures, Cadenza and 6 Others
- Latest Funding Round: Series A, Apr 20, 2026, $*****
- Highlight: Editors' Pick
5. Legion
Online trading platform for crypto projects. Platform connects value-add network participants with crypto projects seeking to build a dedicated community. The company provides a groundbreaking platform for community building, leveraging blockchain technology to facilitate connections between stakeholders and promising crypto projects.
Key facts about Legion
- Founded Year: 2024
- Location: Tortola (United Kingdom)
- Stage: Seed
- Total Funding till date: $7M
- Investors: VanEck, GSR and 8 Others
- Latest Funding Round: Seed, Aug 21, 2025, $*****
Alliance DAO's Year-on-Year Investment Trends
Alliance DAO has invested in 51 companies over the last 5 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 7 investments, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Vorflux.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 7 | 0 | 7 |
2024 | 18 | 0 | 18 |
2023 | 7 | 0 | 7 |
2022 | 13 | 0 | 13 |
2021 | 2 | 0 | 2 |
Alliance DAO's Investments by Stage
Alliance DAO has made 38 investments in Seed stage with an average round size of $4.7M and 11 investments in Series A stage with an average round size of $14M.Stage of entry | No. of Investments |
|---|---|
Seed | 38 |
Series A | 11 |
Note: We have considered here, only first round of investments
Alliance DAO's Investments by Sector
Alliance DAO has a diverse portfolio, with companies operating in the Blockchain Technology, High Tech, FinTech, Blockchain - Industry Applications and Consumer. Notably, it has invested in 49 Tech companies, 40 Blockchain companies, 30 Enterprise (B2B) companies and at least 26 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 36 |
High Tech | 34 |
FinTech | 32 |
Blockchain - Industry Applications | 31 |
Consumer | 13 |
Others | 34 |
Note: We have considered here, only first round of investments
Alliance DAO's Investments by Geography
Alliance DAO has made most investments in United States (25), followed by Singapore where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 25 |
Singapore | 5 |
United Kingdom | 5 |
Canada | 2 |
United Arab Emirates | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
Alliance DAO's recent investments
Alliance DAO has made 2 investments in 2026 so far - Vorflux and Uniblock.Here are the most recent investments by Alliance DAO:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 15, 2026 | United States | Seed | 8663 | [+3] | |
Mar 31, 2026 | United States | Seed | 7566 | [+7] | |
Dec 17, 2025 | United States | Seed | 9090 | [+3] | |
Nov 04, 2025 | India | Seed | 5239 | [+5] | |
Oct 16, 2025 | United States | Seed | 8445 | [+8] |
Unicorns in Alliance DAO's Portfolio
Alliance DAO has 2 unicorns in its portfolio - Magic Eden and Boba. The most recent unicorn in their portfolio is Magic Eden. It became a unicorn in 2022, 4 years before Alliance DAO first invested in it.Here is a list of unicorns in Alliance DAO's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
69 | Online marketplace for non-fungible tokens | 2021 | San Francisco | Series B | dhsmgsh | ||
57 | Decentralized network platform for Ethereum | 2021 | Palo Alto | Series A | pxfiydh |
Acquired companies in Alliance DAO's Portfolio
2 companies from Alliance DAO's portfolio have been acquired. The most recent acquisition was o1.exchange in Jul 2026 by N1 for $*****.Here are Alliance DAO's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 08, 2026 | Aug 25, 2025 | Series A | 2677 | |
Jul 19, 2023 | May 10, 2022 | Seed | 8299 |
Team profile of Alliance DAO
Alliance DAO has a team of 16 members including 5 Partners, 2 Venture Partners and 4 Principals located in United States, India and 2 more locations. Alliance DAO's team does not sit on the board of any company as of now.Here is a list of top team members in Alliance DAO:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | United States | - | ||
Partner | Austin | - | ||
Partner | Montreal | - | - | |
Partner | London | - | ||
Venture Partner | Guntur | - | - | |
Venture Partner | Harrisburg | - | - | |
Principal | - | - | - | |
Principal | - | - | - | |
Principal | New York | - | ||
Principal | United States | - | - |
Co-investors of Alliance DAO
Over the past 5 years, 465 investors have co-invested in Alliance DAO's portfolio companies. This includes funds and angels.
- Invested before Alliance DAO: 1337 Ventures, Hamzah Raja and 75 others have invested in rounds before Alliance DAO. There is 1 company where 1337 Ventures has invested before Alliance DAO and 1 company where Hamzah Raja has invested before Alliance DAO.
- Top Co-investors of Alliance DAO: 339 investors entered a company along with Alliance DAO. These include investors like Genblock Capital (4 companies).
- Invested after Alliance DAO: A total of 49 investors have invested in Alliance DAO's portfolio after their investments. Top Investors include Pantera Capital (2 companies) and Brevan Howard (2 companies).
Recent News related to Alliance DAO
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Daya Secures $2.4 Million for African Cross-Border PaymentsTechMoran•Jun 26, 2026•Hivemind Capital, Alliance, Lattice Fund, Aptos Network and 2 others
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Uniblock Raises $5.2M to Operate Blockchain InfrastructureGlobal Fintech Series•Mar 31, 2026•Uniblock, AAF Management, Alliance DAO, MoonPay and 7 others
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Southeast Asia Fintech Funding Cools with 23% Dip in 2024, Singapore Maintains LeadFinTechnews•Jan 13, 2025•Alliance DAO, Antler, Mirana, Y Combinator and 12 others
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Is Southeast Asia Fintech Funding Drying Up?FinTechnews•Jan 13, 2025•Polyhedra Network, East Ventures, Y Combinator, Antler and 13 others
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BLEAP completes $ 2.3 million seed round financing, Ethereal Ventures ledPANews•Nov 28, 2024•Bleap Finance, Ethereal Ventures, BLeap, Robvc and 8 others
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Bitcoin Layer 2 Bitlayer raises $9 million Series A extension at $300 million valuationThe Block•Oct 08, 2024•Bitlayer, Polychain, Franklin Templeton Investments, Franklin Templeton India and 10 others
