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Abacus Works logo — Pioneering open interoperability.

Abacus Works

Pioneering open interoperability.

Founded 2022 United States New York, United States 23 employees Seed Total: $18.50M Blockchain, Enterprise Software

General Information

Company Name Abacus Works
Founded Year 2022
Location United States New York, United States
Employees 23
Industries Blockchain, Enterprise Software
Funding Stage Seed
Social

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About Abacus Works

Abacus Works is a pioneering company in the blockchain and enterprise software industries, founded in 2022 and headquartered in the United States. The company's slogan, "Pioneering permissionless and modular interoperability," encapsulates its mission to drive innovation in the field of interoperability. Abacus Works is best known for its flagship product, Hyperlane, which is a groundbreaking development that introduces the first permissionless interoperability and brings an interoperability stack to any blockchain, appchain, or rollup, at any time. Notably, Hyperlane development is open-source, reflecting the company's commitment to collaboration and transparency. In a significant milestone, Abacus Works secured a $18.50M Seed Round investment on 22 September 2022. This round of funding saw participation from prominent investors including Galaxy Digital, NFX, Variant Fund, Blockdaemon, CoinFund, Hypersphere Ventures, Circle, Asymmetric, Figment, and Kraken Ventures. The impressive backing from these influential investors not only validates the potential of Abacus Works and Hyperlane but also provides the necessary resources to drive further innovation and expansion. Overall, Abacus Works stands at the forefront of the industry, leveraging its innovative approach to interoperability and the substantial support from key investors to drive its mission forward and make a significant impact in the blockchain and enterprise software sectors.

Taxonomy: permissionless interoperability, modular interoperability, blockchain development, open-source development, appchain interoperability, rollup technology, decentralized technology, developer team, blockchain integration, innovation, interoperability stack, blockchain applications, startup, investor, hyperledger

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $18.50M 10
Galaxy Digital NFX Variant Fund
Galaxy Digital, NFX +8
22 Sep 2022

Abacus Works Alternatives & Competitors

Abacus Works vs
Skynet Labs
Skynet Labs United States

Decentralized Internet for a Free Future—host content and applications using decentralized storage.

Seed
41 employees
Blockchain, Cloud Infrastructure
Abacus Works vs
Bloq
Bloq United States

Building the infrastructure, applications, and innovations that power Web3.

Venture round
38 employees
Blockchain, Crypto

FAQ About Abacus Works

Pioneering open interoperability.
Abacus Works was founded in 2022.
Abacus Works is headquartered in New York, United States.
Abacus Works operates in Blockchain and Enterprise Software. Its work centres on permissionless interoperability, modular interoperability, blockchain development and open-source development.
Abacus Works has approximately 23 employees.
Abacus Works has completed 1 funding round, raising a total of $18.50M. The latest funding stage is Seed.
Top alternatives and competitors to Abacus Works include Skynet Labs, Bloq. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Abacus Works and Skynet Labs are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Abacus Works, https://bouncewatch.com/company/abacus-works, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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