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Axelar

Toronto, Canada · Founded 2020 · Privately Held (backing)

Developer of a decentralized interoperability software designed to connect blockchain ecosystems and applications with users. Axelar is based in Toronto, Canada and was founded in 2020. Its last reported valuation was $1 billion in Feb 2022. It has raised $93.8 million.

Last reported valuation
$1.0B
Oct 2026
Priced at
—
Total raised
$93.8M
Last round
—

Axelar key facts

as of Oct 2026
  • Developer of a decentralized interoperability software designed to connect blockchain ecosystems and applications with users.
  • Axelar is valued at approximately $1.0B as of Oct 2026 (last reported valuation).
  • It has raised $93.8M; the latest was Later Stage VC ($30.0M) in Mar 2025.
  • Notable investors include Coinbase Ventures, Collaborative Fund, DCVC, Gokul Rajaram, Start Path — 45 tracked in total.
  • Axelar has filed 1 Form D with the SEC, most recently Jul 2021 ($1.5M sold to 22 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$1.0B

Axelar's last reported valuation, Feb 2022. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Axelar funding rounds

No rounds on record

No funding rounds for Axelar are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Axelar valuation

Axelar's last reported valuation was $1 billion in Feb 2022. No priced round, secondary trade or fund mark has surfaced since.

How much has Axelar raised?

Axelar has filed 1 Form D with the SEC, most recently in Jul 2021 ($1.5 million sold to 22 investors).

Axelar investors

45 investors are on record for Axelar, including Coinbase Ventures, Collaborative Fund, DCVC and Gokul Rajaram. By type, the record holds 15 venture capital firms and 1 family office.

About Axelar

Developer of a decentralized interoperability software designed to connect blockchain ecosystems and applications with users. The company's software is powered by Byzantine consensus, cryptography, and mechanism design protocols that let applications live on different blockchains to communicate with each other, enabling clients to get a distributed network, programming interface, and tools to make it easy to build cross-chain decentralized applications.

Sector
Information Technology
HQ
Toronto, Canada
Founded
2020
Employees
26
Ownership
Privately Held (backing)

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