What is Valid Network?
Founded in 2019 by Kfir Nissan and Gilad Eisenberger, Valid Network emerged from the recognition that despite the perceived security of blockchain, human error and malicious actors pose significant risks to digital assets. The company's award-winning technology is designed to detect insecure smart contracts and on-chain anomalies. By providing investors with tools to drive decision-making and hedge against risk, Valid Network aims to preempt market crashes and safeguard investments. The company employs 21 specialists in blockchain, crypto, and security, operating from its headquarters in New York and offices in Israel.
How much funding has Valid Network raised?
Valid Network has raised a total of $8M across 1 funding round:
Angel/Seed
$8M
Angel/Seed (2020): $8M with participation from TenEleven Ventures and Jerusalem Venture Partners
Key Investors in Valid Network
Ten Eleven Ventures
Ten Eleven Ventures is a global venture capital firm specializing in cybersecurity, providing capital and expertise to innovative companies in the security sector. They focus on empowering founders to develop essential cybersecurity technologies.
Jerusalem Venture Partners
Jerusalem Venture Partners (JVP) is an international venture capital firm with a strong focus on investments in startup companies, particularly in cybersecurity, digital media, and enterprise software. Based in Israel, JVP supports early-stage companies with capital and strategic guidance.
What's next for Valid Network?
The substantial enterprise-level funding, including the recent strategic investment, positions Valid Network for accelerated growth and market expansion. This capital infusion is expected to fuel further development of its innovative security solutions, enhance its technological capabilities, and broaden its reach within the rapidly evolving crypto and blockchain landscape. The company's focus on mitigating risks associated with smart contracts and on-chain activities suggests a strategic push towards becoming a leading provider of security intelligence for digital asset investors and platforms.
See full Valid Network company page
