Project Eleven
PrivateLast Round
Series A
Jan 14, 2026
Est. Valuation
$120M
Total Funding Raised
$26M
Company Overview
Project Eleven is an applied research and development lab focused on securing digital assets, particularly Bitcoin, from the emerging threat of quantum computing. Founded in 2024 by CEO Alex Pruden, the company develops post-quantum cryptography (PQC) solutions. In June 2025, Project Eleven raised a $6 million seed round co-led by Variant Fund and Quantonation to expand its team and accelerate development. The company's first major initiative is an open-source tool called "Yellowpages," a cryptographic registry that allows users to create quantum-resistant proofs of ownership for their existing Bitcoin addresses without needing immediate on-chain transactions. Project Eleven's mission is to build the necessary tools and standards to ensure the long-term security of digital financial infrastructure in a post-quantum world.
Sector
Cybersecurity
Verticals
Quantum Computing, Blockchain Infrastructure, Vulnerability Management, Threat Intelligence
Business Model
B2B
Customer Profile
Services & Consulting, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Project Eleven Comps
Public and private peers based on sector, stage, and business model.
Project Eleven Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jan 14, 2026 | ||||
| Seed | Jun 18, 2025 |
Project Eleven Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Nebular Venture Capital | Seed, Series A |
| Castle Island Ventures | Seed, Series A |
| Satstreet Ventures | Series A |
| Nascent Ventures | Series A |
| Variant | Series A |
| Fin Venture Capital | Series A |
| Quantonation | Series A, Seed |
Project Eleven Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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