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
—

Who backs Project Eleven?

15 investors
InvestorType
Coinbase Ventures—
Balaji SrinivasanHigh net worth
Fin CapitalAsset manager
Castle Island VenturesOther
Lattice CapitalVenture capital
Variant (Brooklyn)Venture capital
NascentVenture capital
Audacia—
Formation (New York)—
Lattice Ventures—
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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.

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