Algorand Ventures: About, funding criteria, portfolio, contact | Algorand
Algorand Ventures
An overview of Algorand Ventures, including its investment strategy and links to funding reports
About Algorand Ventures
Algorand Ventures is a division of the Algorand Foundation that makes direct investments into the Algorand ecosystem. Their strategic mandate is to support the health of the Algorand ecosystem and drive on-chain activity by providing timely investment to the most promising teams building critical infrastructure and applications on the Algorand blockchain.
Success of such investments is measured in terms of “ecosystem ROI,” primarily defined by observable on-chain adoption, usage, and engagement metrics.
View Algorand Foundation transparency reports for insight into where funding has been allocated.
Assessment criteria
Algorand Ventures focuses on investments for projects in their seed stage and beyond, that have an ongoing business proposition and clear product market fit.
Assessment criteria (non-exhaustive)
- Problem statement
- Solution and key product features
- Product market fit and specific value provided to the Algorand ecosystem
- Competitive landscape and project USP
- Revenue and operating models
- Traction, if any
- Projections Team Blockers to GTM/scaling, if any
Minimum eligibility criteria
- Has a viable business case (to be) built specifically on Algorand
- Possesses technical expertise for building on the blockchain/Algorand
- Has a team with sufficient knowledge, experience, or a track record in the target industry and/or building businesses
- Has a demo or minimal viable product (MVP)
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