Openfort

www.openfort.io ↗ ·Barcelona ·Seed

Openfort is a developer-facing wallet infrastructure platform (operated by Alamas Labs, Inc.) providing embedded and cross-app crypto wallets, key management, account abstraction, gas sponsorship and transaction automation via APIs and SDKs. Founded in 2022 by brothers Joan and Jaume Alavedra, it launched targeting web3 gaming studios and has since repositioned around stablecoin payments infrastructure for fintechs, neobanks and payment builders. It raised a $3M seed round in 2023 co-led by gumi Cryptos Capital and Maven 11 and remains a small team (roughly 2-10 people) headquartered in Barcelona with a San Francisco presence.

Founded
2022
Founders
2
Total funds raised
$3M
Rounds
1
Investors
8
Last round
May 2023
SectorsFintech, Blockchain & Web3, Developer Tools, Payments & Stablecoins, Gaming Start-up MapFintech › Crypto & blockchain infrastructure

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Founders

Jaume Alavedra
Co-founder
Joan Alavedra
Co-founder & CEO

Global models 5

Fireblocks
United States · www.fireblocks.com ↗
Sells wallet infrastructure, key management (MPC) and transaction automation through APIs to fintechs, banks and stablecoin payment builders, including a wallets-as-a-service product for embedded wallets.
$1.04BComparable
Alchemy
United States · www.alchemy.com ↗
Developer platform whose Account Kit offers embedded smart wallets, account abstraction and gas sponsorship through SDKs, paid by the app builders that use it, the same way Openfort charges.
$564MComparable
Magic
United States · magic.link ↗
Embedded, non-custodial wallet SDK with key management that developers and fintechs build into their apps, charged per wallet or by usage.
$86MComparable
Turnkey
United States · www.turnkey.com ↗
API-first wallet and key-management infrastructure that fintechs and stablecoin payment companies use to create embedded wallets and automate transaction signing.
$52MComparable
Privy
United States · www.privy.io ↗
Developer SDK for embedded wallets, onboarding and gas sponsorship, sold to consumer apps and payment builders; Stripe acquired it to support its stablecoin payments push.
$40MComparable

In the same niche 20 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 8

gumi Cryptos Capital
Led Seed 2023 United States
Maven 11 Capital
Led Seed 2023 Netherlands
Arcane Group
Seed 2023 Singapore
Game7
Seed 2023 British Virgin Islands
Newman Capital
Seed 2023 Hong Kong
NGC Ventures
Seed 2023 Singapore
Pear VC
Seed 2023 United States
Pareto Holdings
Investor United States

Funding rounds 1

DateRoundAmountLead
PublishedArticle
2026-06-30 Openfort Partners WalletConnect To Simplify Stablecoin Payments ↗
BlockchainReporter
2026-06-30
2026-05-01 How Openfort Became an Open-Source Wallet Operating System ↗
DevNTell
2026-05-01
2024-09-11 How Does Openfort Simplify Web3 Game Development? ↗
PlayToEarn
2024-09-11
2024-08-27 Openfort: Opening New Horizons in Web3 Gaming ↗
Tiger Research
2024-08-27
2024-07-11 Openfort unveils cross-chain management for Web3 games ↗
GamesBeat (VentureBeat)
2024-07-11
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