How Much Did Aleo Raise? Headquarters, Funding & Key Investors

Aleo, a blockchain infrastructure startup headquartered in San Francisco, has raised a total of $228 million in funding to date. Its largest round, a $200 million Series B in February 2022, was led by Kora Management LP and SoftBank Vision Fund 2, giving the company a valuation of $1.45 billion. Earlier, Aleo secured $28 million in Series A (April 2021) led by Andreessen Horowitz, followed by a $21 million round in January 2025. With backing from major investors like Tiger Global and Samsung Next, Aleo is building a private-by-default, zero-knowledge blockchain network for developers.

How Much Did Aleo Raise? Funding & Key Investors

Aleo, a San Francisco–based blockchain infrastructure startup, has raised $228 million across multiple funding rounds, including a $200 million Series B in February 2022 led by Kora Management LP and SoftBank Vision Fund 2, valuing the company at $1.45 billion. Earlier, Aleo raised $28 million in Series A (April 2021) led by Andreessen Horowitz, followed by a $21 million round in January 2025. With investors such as Tiger Global and Samsung Next, Aleo is pioneering a zero-knowledge, privacy-focused blockchain platform that empowers developers to build secure and scalable decentralized applications.

What Is Aleo and What Does It Do?

Aleo, founded in 2019 by Collin Chin, Howard Wu, and Raymond Chu, is headquartered in San Francisco, California.

With a team of 11-50 employees, Aleo focuses on building cryptographically secure decentralized applications using zero-knowledge technology.

The company’s platform includes an application runtime environment and a custom programming language called Leo, enabling developers to build scalable, private-by-default blockchain apps. Aleo’s mission centers around decentralization, scalability, and security, making privacy a fundamental part of Web3 infrastructure.

How Much Funding Has Aleo Raised?

1. Series A

Amount Raised: $28 million
Date: April 2021
Lead Investors: Andreessen Horowitz (a16z)
Motivation: To support the early development and growth of Aleo’s zero-knowledge blockchain platform.

2. Series B

Amount Raised: $200 million
Date: February 2022
Lead Investors: Kora Management LP, SoftBank Vision Fund 2
Motivation: To scale Aleo’s private-by-default blockchain network and expand its developer ecosystem.

Total Funding Raised: $228 Million

Current Valuation: $1.45 Billion (as of February 2022)

Latest Funding Date: January 2025

Key Investors

1. Andreessen Horowitz

Details: Leading venture capital firm investing in early to late-stage technology companies.
Investment Focus Areas: Technology, blockchain, AI.
Notable Investments: Facebook, Airbnb, Coinbase.

2. SoftBank Vision Fund 2

Details: Global technology investment firm focused on innovation across multiple sectors.
Investment Focus Areas: Technology, energy, financial sectors.
Notable Investments: Uber, WeWork, Alibaba.

3. Tiger Global Management

Details: Investment firm focusing on private and public companies across software, fintech, and consumer internet.
Investment Focus Areas: Global internet, software, consumer, fintech.
Notable Investments: Facebook, LinkedIn, Stripe.

4. Samsung Next

Details: Corporate venture arm of Samsung Group investing in next-generation tech startups.
Investment Focus Areas: Technology startups, innovation.
Notable Investments: Whisk, Branch, LiquidSky.

5. Slow Ventures

Details: Early-stage venture capital firm supporting consumer and tech innovators.
Investment Focus Areas: Early-stage technology, consumer companies.
Notable Investments: Slack, Pinterest, Nextdoor.

Where Is Aleo’s Headquarters?

Aleo is headquartered in San Francisco, California, a global hub for blockchain and deep-tech innovation. The city’s vibrant developer ecosystem and proximity to major VC firms provide Aleo with access to top engineering talent and strategic partnerships, making it an ideal base for scaling decentralized technologies.

What’s Next for Aleo?

Aleo is advancing the development of a comprehensive ecosystem for privacy-preserving decentralized applications. The company aims to expand beyond blockchain infrastructure to include tooling, SDKs, and developer support for zero-knowledge app development. With strong backing from global investors and rising demand for secure digital systems, Aleo is positioned to shape the future of private, scalable Web3 applications.

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