Project Eleven

New York, NY · Founded 2024 · Privately Held (backing)

Operator of an applied quantum computing and cryptography research company intended to secure digital systems against emerging quantum-computing threats. Project Eleven is based in New York, NY and was founded in 2024. Its last reported valuation was $123 million in Jan 2026. It has raised $25.8 million.

Last reported valuation
$123.0M
Oct 2026
Priced at
—
Total raised
$25.8M
Last round
—

Project Eleven key facts

as of Oct 2026
  • Operator of an applied quantum computing and cryptography research company intended to secure digital systems against emerging quantum-computing threats.
  • Project Eleven is valued at approximately $123.0M as of Oct 2026 (last reported valuation).
  • It has raised $25.8M; the latest was Early Stage VC ($20.0M) in Jan 2026.
  • Notable investors include Coinbase Ventures, Balaji Srinivasan, Fin Capital, Castle Island Ventures, Lattice Capital — 15 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$123.0M

Project Eleven's last reported valuation, Jan 2026. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
Free account
More of Project Eleven with a free account
  • ·The complete investor list: 15 names
  • ·Watch Project Eleven: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Project Eleven funding rounds

No rounds on record

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

Pro members can request priority coverage with a 48-hour turnaround.

Project Eleven valuation

Project Eleven's last reported valuation was $123 million in Jan 2026. No priced round, secondary trade or fund mark has surfaced since.

Project Eleven investors

15 investors are on record for Project Eleven, including Coinbase Ventures, Balaji Srinivasan, Fin Capital and Castle Island Ventures. By type, the record holds 3 venture capital firms, 1 asset manager and 1 private investor.

About Project Eleven

Operator of an applied quantum computing and cryptography research company intended to secure digital systems against emerging quantum-computing threats. The company offers open-source research and engineering expertise in post-quantum cryptography and quantum-resilient tooling, enabling customers such as crypto stakeholders, enterprises, and broader digital infrastructure to proactively assess vulnerabilities, develop safe migration paths, and maintain trust in a post-quantum era.

Sector
Financial Services
HQ
New York, NY, United States
Founded
2024
Employees
9
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.