# Axelar

**Source:** https://www.startuphub.ai/startups/axelar
**Profile type:** Startup

> Decentralized interoperability platform providing secure cross-chain communication and asset transfers for Web3 applications.

## About

Axelar is a blockchain-based interoperability network that acts as a universal router, connecting disparate blockchain ecosystems. It provides developers with a suite of APIs and tools to build applications that can interact with assets and data across multiple chains, solving the problem of blockchain fragmentation.

## Key facts

- **Slug:** axelar
- **Website:** https://axelar.network
- **Location:** Toronto, Canada
- **Founded:** 2020-01-01
- **Employees:** 19
- **Operating status:** Active
- **Total funding:** $94M
- **Sectors / tags:** Blockchain, Web3, Infrastructure
- **Social:**
  - LinkedIn: https://linkedin.com/company/axelar
  - Twitter: https://x.com/axelarcore
  - GitHub: https://github.com/axelarnetwork

## Frequently asked

### What does Axelar do?

Axelar is a blockchain-based interoperability network that acts as a universal router, connecting disparate blockchain ecosystems. It provides developers with a suite of APIs and tools to build applications that can interact with assets and data across multiple chains, solving the problem of blockchain fragmentation.

### What is Axelar's valuation?

StartupHub estimates Axelar's effective valuation at $857.2M (range $600.0M to $1.1B, 35% confidence), based on comparable companies in the sector.

### How much funding has Axelar raised?

Axelar has raised a total of $94M in funding. The most recent round on record is Series B.

### Where is Axelar headquartered?

Axelar is headquartered in Toronto, Canada.

### When was Axelar founded?

Axelar was founded in 2020.

### What industry does Axelar operate in?

Axelar operates in Blockchain, Web3, Infrastructure.

### How many employees does Axelar have?

Axelar has approximately 19 people on record.

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