Skip to content
High Tech Seed Founded 2021

Hyperlane

Hyperlane develops an open-source, permissionless interoperability protocol that provides an on-chain API for sending messages and assets between blockchains, enabling developers to build interchain applications across 150+ chains. The protocol supports unified asset bridging and message passing across 7 VMs including EVM, Solana, Cosmos, and custom VM architectures, with a single integration reaching assets and…

📍 New York City, United States · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$18M
Date22 September 2022
Total raised$18M
Team size17

About

Hyperlane develops an open-source, permissionless interoperability protocol that provides an on-chain API for sending messages and assets between blockchains, enabling developers to build interchain applications across 150+ chains. The protocol supports unified asset bridging and message passing across 7 VMs including EVM, Solana, Cosmos, and custom VM architectures, with a single integration reaching assets and users everywhere from blue chip to bleeding edge chains. Hyperlane securely validates over 10,000 cross-chain asset transfer messages daily with over $10B+ bridged. The protocol enables interchain messaging for any arbitrary data including multi-step cross-chain swap routing, multichain asset issuance, and cross-chain governance, going beyond simple bridging. Hyperlane is fully open source and permissionless to deploy, granting developers total control over contract extensibility, relayer configuration, and validator selection without requiring core team or governance approval. Every part of the protocol is modular, extensible, flexible, and upgradable, allowing developers to build more performant applications with customizable security models and hooks. The protocol also offers Hyperlane-as-a-Service for teams wanting white-glove support for deployments, bridging, and custom implementations. Use cases include Paradex growing exchange deposits with $400M+ USDC via Hyperlane Warp Routes across EVM, SVM, and Starknet, M0 launching 6 branded stablecoins with $470M+ in value transferred, and Aerodrome launching interchain swaps and voting using Hyperlane General Message Passing. Founded in 2021 and headquartered in New York, Hyperlane has raised $18.5 million in a Seed round backed by NFX, Variant Fund, Galaxy, CoinFund, Circle, Blockdaemon, Kraken Ventures, and Figment Capital.

Business model

Blockchain Infrastructure > Application Development Platforms

Team background

Company Wise > Google,

College Wise > Massachusetts Institute of Technology

Institutional investors

NFX Variant Fund Galaxy CoinFund Circle Blockdaemon Krakenventures Figment Capital

Backed by funds in our directory

Latest coverage

No articles yet.

Raising like Hyperlane?

Analyze your pitch deck before your next raise.

Analyze My Deck →