Elrond: Funding, Investors & Team (Oct 2026)
Elrond's mission is to (1) create a global, transparent, near-instant, non-inflationary financial system, and (2) give anyone, anywhere, easy access to it. For 3 years we've been building a powerful solution to address the first part of the mission. The solution is a high bandwidth, low latency, high security, low-cost blockchain network, that can accommodate transactions and value exchange at the internet scale. The solution is LIVE NOW, and can process above 15.000 transactions per second, with 6-second latency, and $0.001 transaction cost. This will radically transform the way we exchange value, just as broadband internet transformed the way we communicate. Adding value to that, we have announced more than 60 collaborations and partnerships to aggressively expand the Elrond ecosystem, adding significant utility, increasing outreach, and enabling applications to leverage the Elrond technology.
Elrond has raised $100k across 1 funding round on record, the most recent a Secondary Market of $100k announced in Mar 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Elrond Company Profile and Key Stats
Latest funding round on record: Mar 2022.
Elrond Funding Rounds
Elrond Founders and Leadership Team
Contact details for the Elrond team: 1 of 1 has an email address on file.
Start 14-day free trial →Elrond Funding Compared to Other Financial Services Startups
Elrond's latest round of $100k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Elrond Funding FAQs
What does Elrond do?
Elrond's mission is to (1) create a global, transparent, near-instant, non-inflationary financial system, and (2) give anyone, anywhere, easy access to it. For 3 years we've been building a powerful solution to address the first part of the mission. The solution is a high bandwidth, low latency, high security, low-cost blockchain network, that can accommodate transactions and value exchange at the internet scale. The solution is LIVE NOW, and can process above 15.000 transactions per second, with 6-second latency, and $0.001 transaction cost. This will radically transform the way we exchange value, just as broadband internet transformed the way we communicate. Adding value to that, we have announced more than 60 collaborations and partnerships to aggressively expand the Elrond ecosystem, adding significant utility, increasing outreach, and enabling applications to leverage the Elrond technology.
How much funding has Elrond raised?
Elrond has raised $100k across 1 round on record. The most recent is a Secondary Market of $100k announced in Mar 2022.
When did Elrond last raise funding?
Elrond's most recent funding round on record is a Secondary Market of $100k, announced in Mar 2022.
Who is the CEO of Elrond?
Beniamin Mincu is listed as CEO at Elrond.
Where is Elrond headquartered?
Elrond is based in Sibiu, Romania.
How many employees does Elrond have?
Elrond is in the 51-100 employee band.
How does Elrond's funding compare to other Financial Services startups?
Elrond's latest round of $100k is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Elrond Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Elrond is left off this page rather than filled in.
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