LayerZero

LayerZero’s vision is to create a community of cross-chain developers, building dApps that are no longer constrained by individual blockchain capabilities.

cryptoL1s, L2s and rollups Crypto social and consumerYZi Labs

Latest funding

$120M Series B+ · April 4, 2023

Led by OpenSea Ventures · Source: CoinDesk

Latest round on record: Series B+, May 2023, amount undisclosed.

Total raised: $263M across 4 sourced rounds

All 5 rounds ↓

Website: layerzero.network.

X: @LayerZero_Core · 708,077 followers.

GitHub: LayerZero-Labs.

LinkedIn: layerzerolabs.

Categories: L1s, L2s and rollups Crypto social and consumer.

Sectors: Apps, Blockchain, Cryptocurrency, Developer Tools, Software.

Stage: Series B+.

Based in: Vancouver, United States.

Founded: 2021.

Total raised: $263M in 4 sourced rounds.

Last round: May 23, 2023 · 1,272 days ago.

Headcount: 51–100 employees.

On Recent Funding since: Sep 30, 2026.

Signals

X account@LayerZero_Core · created May 20, 2021 (5 years old) · 708,077 followers

Website registeredMay 1, 2021 (5 years old)

About LayerZero

With LayerZero's simple, generic messaging protocol, builders will develop cross-chain dApps designed to unify the power of individual blockchains.

TIMELINE · MONEY RAISED

LayerZero | 2054 days on the record

@LayerZero_Core·Raised $263M in 4 sourced rounds

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
May 23, 2023	Series B+	undisclosed	—	fundraisingfox.com
Apr 4, 2023	Series B+	$120M	OOpenSea Ventures	CoinDesk
Mar 30, 2022	Series A	$135M	AAndreessen Horowitz	betakit.com
Sep 16, 2021	Series A	$6M	MMulticoin Capital	fundraisingfox.com
Apr 1, 2021	Seed	$2M	—	crypto-fundraising.info

Timeline

May 20, 2021
X account created
May 1, 2021
Website created

Founders and team

BP
Bryan Pellegrino (臭企鹅) Co-Founder and CEO

@PrimordialAA · LinkedIn · source: x.com
CB
Caleb Banister Founder

LinkedIn
RZ
Ryan Zarick Founder

LinkedIn
EM
Erez Maharshak Vice President of Security
JG
Jeroen Gillekens EMEA Lead

Acquisitions

Acquired company	Price	Announced
SStargate	Not disclosed publicly	Aug 27, 2025

Investors

Companies like LayerZero

KKujiraSeries A · Nov 2025
MMoai Finance
GGlacisSeed · Jul 2026
AAtum$13.5M Seed · Sep 2026
GGauntlet$125M Series B+ · Jul 2026
LLiquidiumPre Seed · Dec 2023

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/layerzero (get a free API key).