Valid Network

Company Overview

Snapshot

Founded in December 2017 by Kfir Nissan and Gilad Eisenberger, Valid Network operates with 1–10 employees. The company raised $8 million across two funding rounds from four investors, with Ten Eleven Ventures leading a seed round in July 2020. Valid Network ceased operations in November 2024.

Business overview

Valid Network provides a blockchain regulation protocol leveraging a proprietary AI engine to integrate blockchain protocols with traditional enterprise systems. Its core technology unifies fraud prevention, regulation, and compliance, offering solutions to prevent and control human errors through built-in diligence and enforcement mechanisms. The company supports new token offerings and the integration of distributed ledger technologies, serving markets that include enterprise and professional services, and financial services, primarily within the Cyber Security and Fintech & Insurtech sectors.

Strategic signal

Valid Network ceased operations in November 2024, indicating a significant shift in its market presence and strategic direction. This event signals to investors and innovation teams that the company is no longer an active player in the blockchain cybersecurity space, prompting a re-evaluation of its past contributions and the competitive landscape.

Company Intelligence Q&A

What is the current operational status of Valid Network?

Valid Network ceased to operate in November 2024, marking its transition to a non-active status.

When was Valid Network founded and by whom?

Valid Network was founded in December 2017 by co-founders Kfir Nissan and Gilad Eisenberger.

What was Valid Network's total capital raised and how many funding rounds did it complete?

Valid Network raised a total of $8 million across two funding rounds. This includes a $2 million seed round in October 2018 from JVP and Israel Innovation Authority, and a $6 million seed round in July 2020 led by Ten Eleven Ventures with participation from JVP.

Which investors participated in Valid Network's July 2020 seed round?

In July 2020, Valid Network secured a seed round led by.

What was a key strategic decision regarding Valid Network's R&D and headquarters locations?

In February 2022, Valid Network revealed its decision to maintain its research and development base in Beer Sheva, Israel, while establishing its headquarters in New York for sales and marketing purposes.