FundedIQ
Blockchain and Cryptocurrency

Flare Network: Funding, Investors & Team (Sep 2026)

Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility. > Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. > Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. > Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare. > Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.

flare.network LinkedIn Dubai, United Arab Emirates 51-100 employees
Total raised
$35.0M
Rounds
1
Latest
Undisclosed round
Feb 2024

Flare Network has raised $35.0M across 1 funding round on record, the most recent an undisclosed round of $35.0M announced in Feb 2024.

That round is above the $6.5M median round size for Blockchain and Cryptocurrency companies tracked on FundedIQ over the last two years.

Flare Network Company Profile and Key Stats

Total funding raised
$35.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$35.0M in Feb 2024
Employees
51-100
reported band
Headquarters
Dubai, United Arab Emirates

Latest funding round on record: Feb 2024.

Flare Network Funding Rounds

Date
Round
Amount
Undisclosed round
$35.0M

Flare Network Founders and Leadership Team

Name
Role
Contact
Nairi Usher
Founder

No contact details are on record for this team yet.

Flare Network Funding Compared to Other Blockchain and Cryptocurrency Startups

Segment
Companies
Median round

Flare Network's latest round of $35.0M is above the median round in Blockchain and Cryptocurrency. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Flare Network in Blockchain and Cryptocurrency and Dubai

Companies Similar to Flare Network

Flare Network Funding FAQs

What does Flare Network do?

Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility. > Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. > Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. > Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare. > Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.

How much funding has Flare Network raised?

Flare Network has raised $35.0M across 1 round on record. The most recent is an undisclosed round of $35.0M announced in Feb 2024.

When did Flare Network last raise funding?

Flare Network's most recent funding round on record is an undisclosed round of $35.0M, announced in Feb 2024.

Who founded Flare Network?

FundedIQ lists Nairi Usher (Founder) at Flare Network.

Where is Flare Network headquartered?

Flare Network is based in Dubai, United Arab Emirates.

How many employees does Flare Network have?

Flare Network is in the 51-100 employee band.

How does Flare Network's funding compare to other Blockchain and Cryptocurrency startups?

Flare Network's latest round of $35.0M is above the $6.5M median round size for Blockchain and Cryptocurrency companies on FundedIQ across 659 tracked companies over the last two years.

About FundedIQ's Flare Network 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 Flare Network is left off this page rather than filled in.

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