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Flare Network logo — Connect everything

Flare Network

Connect everything

Founded 2019 Virgin Islands (british) Virgin Islands (british) 77 employees Series Unknown Total: $46.30M Blockchain, Web3

General Information

Company Name Flare Network
Founded Year 2019
Location Virgin Islands (british) Virgin Islands (british) +1
Employees 77
Industries Blockchain, Web3
Funding Stage Series Unknown
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About Flare Network

Flare Network, founded in 2019, is pioneering solutions in the Blockchain and Web3 sectors. With its slogan "Connect everything," Flare introduces a novel blockchain underpinned by the first consensus protocol designed to incorporate external data. This innovation addresses the longstanding oracle problem by enabling decentralized applications to trustlessly interact with multiple blockchains and real-world data, thereby enhancing cross-chain functionality and Web3 integration.

Headquartered in the Virgin Islands (British), Flare Network's approach offers secure decentralized bridging and promotes asset and data fluidity across chains, which is pivotal for enhanced dApp utility. The company recently secured a $35.00M investment during a Venture Round on 23 February 2024, attracting investors like Kenetic Trading and Aves Lair, strengthening its position in the market as a valuable investment opportunity leveraging breakthrough technology.

Taxonomy: consensus protocol, decentralized applications, oracle problem, cross-chain composability, decentralized finance (DeFi), decentralized bridges, smart contracts, interoperability, cryptocurrency, yield earning, real-world data integration, liquidity unification, Web3, blockchain data acquisition

Services & Products

Full-stack blockchain solutions
Data intensive applications
Price feed integration
Decentralized application (dApp) development
Stake and delegation services

Target Customers

Blockchain developers Cryptocurrency investors DeFi innovators Enterprise clients requiring blockchain solutions Community contributors and participants

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 2
Investor Investor
23 Feb 2024
Seed Round •••••• 8
Investor Investor Investor Investor
•••• •••• 		08 Jun 2021
Seed Round •••••• - 10 Nov 2020
Seed Round •••••• - 06 Nov 2019

Flare Network Alternatives & Competitors

Flare Network vs
Computable
Computable United States

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Flare Network vs
Glitter Protocol
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Flare Network vs
Danube Tech
Danube Tech

A community will evolve only when a people control their own communications.

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Also compare with: Flare Network vs Switchboard Switchboard

FAQ About Flare Network

Connect everything
Flare Network was founded in 2019.
Flare Network is headquartered in Virgin Islands (british).
Flare Network operates in the following industries: Blockchain, Web3.
Flare Network has approximately 77 employees.
Flare Network has completed 4 funding rounds, raising a total of $46.30M. The latest funding stage is Series Unknown.
Flare Network offers: Full-stack blockchain solutions, Data intensive applications, Price feed integration, Decentralized application (dApp) development, Stake and delegation services.
Top alternatives and competitors to Flare Network include Computable, Glitter Protocol, Danube Tech, Switchboard, Astrachain. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Flare Network and Computable 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.

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