# Avalanche

> Ava Labs layer-1 blockchain (Avalanche) for high-throughput smart contracts and subnets.

## Why it is interesting

Ethereum-compatible L1 with sub-second finality and custom subnets — a16z backed from seed through a $350M Series B at $5.25B valuation.

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** crypto-web3
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series B (2022): $350M at $5.25B valuation with a16z participation (Ava Labs press)
- Seed (2019): $6M with a16z and Polychain (CoinMarketCap)
- Product: Avalanche L1 with subnets for custom app-chains; EVM compatible (Avalanche site)
- Co-investors not in VCT directory: Polychain Capital, Three Arrows Capital (defunct)

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/multicoin-capital

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Source: https://venturecapitaltracker.com/startup/avalanche