Startup profile · funding coverage
EigenLayer funding, valuation and investors
Ethereum restaking protocol that lets stakers extend crypto-economic security to other protocols and services.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series B
$100M · February 2024
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$150M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series b
Investors in latest funding
Lead: Andreessen Horowitz
Overview
EigenLayer is an Ethereum restaking protocol letting ETH stakers extend crypto-economic security to other protocols and services (AVS). Pioneered restaking as a core Ethereum primitive with rapid TVL growth. Blockchain Capital led a $50M Series A (Mar 2023); a16z crypto led a solo $100M Series B in February 2024 per Bloomberg/TechCrunch.
Why EigenLayer is interesting
EigenLayer pioneered restaking — a core primitive in Ethereum security markets — and drew a solo $100M Series B from a16z crypto in 2024 after rapid TVL growth.
Product & use cases
Ethereum restaking protocol — stake ETH to secure multiple AVS services, extending Ethereum security to new protocols.
- Restaking ETH for additional yield and security provision
- Bootstrapping security for new L2s and middleware
- AVS operator and delegator economics
Key facts
- Series B (Feb 2024): $100M led solely by a16z crypto per Bloomberg/CoinDesk reporting
- Prior Series A (Mar 2023): $50M led by Blockchain Capital (not in VCT directory)
- Co-investors: no additional institutional investors disclosed in public sources reviewed 2026-07-24
Funding history (newest first)
Series B
2024-02 $100MSource: https://techcrunch.com/2024/02/22/eigenlayer-raises-100m-from-a16z-crypto/
Investors in our directory
Funds linked from EigenLayer's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: EigenLayer differentiates through focused product scope and a16z-backed GTM in its category — see competitors for tradeoffs vs. incumbents.
EigenLayer operates in a competitive category where incumbents have distribution but startups win on workflow fit. See named competitors for honest better/worse notes; we do not invent market share.
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Lido adjacent
Liquid staking leader; EigenLayer restaking layer.
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Symbiotic direct
Generalized restaking competitor.
Notable stories
- Series B (Feb 2024): $100M led solely by a16z crypto per Bloomberg/CoinDesk reporting
- Prior Series A (Mar 2023): $50M led by Blockchain Capital (not in VCT directory)
Industries
FAQs about EigenLayer
Practical answers founders, operators, and investors typically search for.
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