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Axelar

Cross-chain communication network

Axelar logo
21-100 employees
  • B2B
  • Cryptocurrency
  • Marketplace
  • API
  • Blockchain
  • Web 3.0
Waterloo, ON

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Company mission

To empower developers to build scalable, cross-chain dapps.

27% employee growth in 12 months

Our take

The prevalence of blockchain is rising, and so too is the need for interoperability between chain ecosystems, applications and users. Axelar solves this problem by acting as a secure universal overlay network for the blockchain economy.

Axelar's network makes it easier for people to access, communicate and build across blockchain channels. Their technology has proven wildly successful, as the company has attained unicorn status. Recent partnerships with Metrika, Manta Network, and Keplr have helped Axelar to consolidate its enviable market position.

Axelar's ability to draw top-tier tech talent has allowed it to thrive in the booming blockchain ecosystem. Its continued investment in recruitment and innovation has enabled it to fend off new competitors looking for a share of the market thus far.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Autonomous, distributed environment with the opportunity to work collaboratively in a diverse team across the world
  • The scope to contribute to high impact work and really make a difference in a decentralized protocol
  • Chance to really challenge yourself whilst learning heaps of stuff in the process
  • Unlimited time off throughout the year to rest and recharge
  • Competitive compensation with stock options, experiencing growth from the initial phase
  • Build the foundations of blockchain protocols that will have a place in the history books

Company values

  • Excellence - Quality work speaks for itself. There is always a way to improve our work and ourselves. Give and receive feedback
  • Ownership - Own a component of the project at all levels. Drive initiatives, seek feedback, educate others on it, make it better, iterate
  • Curiosity - Be curious about what’s happening in the ecosystem, the project, and around the world. Don’t be shy to ask questions and ask for help at any point. Bring new ideas and initiatives forward

Funding (last 2 of 3 rounds)

Feb 2022

$35m

SERIES B

Jul 2021

$25m

SERIES A

Total funding: $63.8m

Leadership

Sergey Gorbunov

(Co-Founder & CEO)

Founded and worked as CTO of stealthmine, before moving to be Chief Cryptographer at Algorand. They are currently an Assistant Professor at the University of Waterloo.

Georgios Vlachos

(Co-Founder)

Previously worked as Head of Mathematics at Algorand.