Teneo Protocol
Teneo Protocol is a Vienna-based blockchain infrastructure company providing a multi-chain execution layer and x402 pay-per-request payment standard that enables AI agents to autonomously transact across Avalanche, Base, BNB Chain, X Layer, and Peaq, serving AI agent developers, enterprises, and community node runners.
- Company typePrivate
- Founded2024
- HeadquartersVienna, Austria
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Teneo Protocol does
Teneo Protocol is a Vienna-based blockchain infrastructure company founded in 2024 that operates as an execution layer for the AI agent economy. Its core protocol enables AI agents to execute autonomous, on-chain transactions across five blockchain networks (Avalanche, Base, BNB Chain, X Layer, and Peaq) using the proprietary x402 payment standard, which settles payments in USDC on a pay-per-result basis with no accounts, no API keys, and no subscriptions. The product portfolio includes the Teneo CLI (installable via npx @teneo-protocol/cli), an agent marketplace (agent-console.ai) featuring hundreds of pre-built agents integrating upstream data providers such as LayerZero, CoinMarketCap, Messari, Nansen, X Platform, Amazon, and YouTube, plus the Teneo Beacon desktop/mobile app and Community Node Chrome extension that distribute token-based rewards (Fragments and Teneo Points) for network participation.
The company serves three primary user groups: individual AI agent developers and builders adopting the protocol through self-serve CLI installation; enterprises and API/data partners integrating or co-building on the network; and community node runners contributing decentralized infrastructure in exchange for rewards. Teneo is privately held (Teneo Protocol Inc., incorporated in the USA), headquartered in Vienna, Austria, and venture-backed with a $3 million seed round closed in February 2025 led by Borderless Capital, Generative Ventures, and RockawayX, alongside 9 other crypto-native investors. As of available data the company has processed over 1.5 million agent requests across multiple chains, lists 300K+ community members, and reports 500K+ agent jobs executed through its marketplace.
Teneo Protocol firmographics
Firmographics- Name
- Teneo Protocol
- Legal name
- Teneo Protocol Inc.
- Website
- https://teneo.pro
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Teneo Protocol is a Vienna-based blockchain infrastructure company providing a multi-chain execution layer and x402 pay-per-request payment standard that enables AI agents to autonomously transact across Avalanche, Base, BNB Chain, X Layer, and Peaq, serving AI agent developers, enterprises, and community node runners.
- Ownership category
- akta.pro rank
Teneo Protocol industry classification
Industry- Product category
- AI Agent Infrastructure / Web3 Protocol
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)
- akta.pro secondary industries
- Payment Orchestration, Routing & Smart Transaction Management (Crypto) (FSADAIAJ), DEX Analytics, Indexers & Trading Terminals (FSADABAK), Digital Asset/Crypto Trade Execution Platforms (FSAFANAO)
Keywords
Where Teneo Protocol is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
Teneo Protocol business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Pay-per-request in USDC (x402): Usage-based payment model where AI agents and users pay per result in USDC. No subscription, no monthly fees. Revenue generated from transaction fees on agent requests executed through the protocol.
- Node Rewards (Teneo Points, Fragments): Community members earn Teneo Points and Fragments by running nodes and completing quests, creating network participation incentives.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Pay-per-request pricing - only pay for successful agent execution results |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Teneo Protocol product offering
Product offeringCore offering
Teneo Protocol operates an execution layer for the AI agent economy, enabling AI agents to run autonomous, pay-per-result transactions through the proprietary x402 payment standard. The platform connects agents to live data and on-chain execution across five blockchain networks (Avalanche, Base, BNB Chain, X Layer, Peaq), and is consumed by developers and enterprises through the Teneo CLI and the Agent Console Marketplace, which exposes hundreds of pre-built agents (LayerZero, X Platform, CoinMarketCap, Messari, Google Search, Amazon, YouTube, Nansen, Gas Sniper, and others).
Product overview
Teneo Protocol is a unified execution layer for the AI agent economy. The core platform enables AI agents to execute autonomous transactions through x402 payment standards (pay-per-result in USDC, no accounts, no keys, no subscription). The product portfolio consists of the Teneo Protocol platform, the Teneo CLI (npx @teneo-protocol/cli) for building and running agents, the Agent Console Marketplace featuring hundreds of ready-to-run agents, Teneo Beacon (beta node app for earning Fragments), and Community Node (Chrome extension for earning Teneo Points). The platform operates across multiple blockchain networks (Avalanche, Base, BNB Chain, X Layer, Peaq) and supports use cases including DeFi trading, cross-chain operations, and market intelligence.
Differentiator
Problem solved
Functional benefit
Brands
- Teneo Beacon: Node running application that allows users to run a node and earn Fragments as the network grows. Available on Android, iOS, Mac, Windows, and Linux.
- Community Node
Products and services
- Teneo Protocol Execution layer for the AI agent economy. Enables AI agents to execute autonomous transactions through the x402 payment standard, connecting agents to live data across Avalanche, Base, BNB Chain, X Layer, and Peaq. Processes over 1.5 million agent requests and supports hundreds of marketplace agents.
- Teneo CLI Command-line interface for building and running AI agents on Teneo Protocol. Installed via 'npx @teneo-protocol/cli'. Enables querying agents, accessing APIs, and automating workflows. Designed for AI coding tools including Cursor, Claude Code, Codex, VS Code, OpenClaw, Antigravity, and Gemini.
- Agent Console Marketplace Marketplace at agent-console.ai for browsing and running AI agents on Teneo Protocol. Features hundreds of pre-built agents covering cross-chain DeFi, social data, crypto analytics, web search, e-commerce, video intelligence, and MEV/gas optimization. Users pay per request in USDC via x402 with no API keys or accounts required.
- Teneo Beacon Beta node-running application that allows users to run a node and earn Fragments as the network grows. Available on Android (Google Play), iOS (TestFlight), Mac, Windows, and Linux. Users participate in decentralized network infrastructure and earn Fragments as rewards.
- Community Node Chrome extension for running a community node on the Teneo network. Users install the extension, run a node, earn Teneo Points, and complete quests to climb the leaderboard. Part of decentralized network participation.
Quantifiable outcome
- Over 1.5 million agent requests processed across multiple blockchain networks
- +1 more outcomes
Companies that use Teneo Protocol
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Teneo Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability4 records
Feature5 records
Teneo Protocol partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- CoinMarketCap LabscoreStrategic integration into CoinMarketCap Labs designed to increase visibility for Teneo Protocol as autonomous AI agent infrastructure. Connects the protocol with CoinMarketCap's millions of users and positions it as infrastructure for the emerging AI agent economy within Web3 ecosystem.
- LayerZerocoreCross-chain messaging and interoperability primitives integrated as agent on Teneo network. Enables multi-chain DeFi applications with 8.2K jobs executed. Agent available in marketplace.
- AvalanchecoreBlockchain network partner enabling Teneo agent execution. One of five supported blockchain networks (Avalanche, Base, BNB Chain, X Layer, Peaq).
- BasecoreBlockchain network partner enabling Teneo agent execution. Coinbase Layer 2 network integrated for agent transactions.
- BNB ChaincoreBlockchain network partner enabling Teneo agent execution. Binance ecosystem chain supported for agent transactions.
- X LayercoreBlockchain network partner enabling Teneo agent execution. OKX's Layer 2 chain integrated for agent transactions.
- PeaqcoreBlockchain network partner enabling Teneo agent execution. DePIN-focused Layer 1 blockchain integrated for agent transactions.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Teneo Protocol competitors and assessment
Company assessmentDirect peers
- Nevermined: Nevermined builds payment and access infrastructure specifically for AI agents, including x402-style pay-per-call primitives. It is the closest functional peer to Teneo's x402 payment standard and agent marketplace model.
- Fetch.ai: Fetch.ai operates a decentralized network of autonomous AI agents for tasks such as trading, data, and DeFi automation. It directly competes with Teneo in the agent-economy narrative and offers its own agent marketplace and tooling.
- Moralis: Moralis is a Web3 API and data infrastructure provider serving crypto wallets, tokens, NFTs, and on-chain analytics. Its API-first model for serving crypto data to applications is comparable to Teneo's agent-mediated data access layer.
- The Graph: The Graph indexes and serves blockchain data via decentralized APIs (subgraphs) consumed by applications including trading bots and analytics dashboards. It overlaps with Teneo's role as a data-routing layer for AI agents querying on-chain information.
- Autonolas (Olas): Autonolas is a protocol for autonomous AI agents that operate on-chain and earn via coordinated services. It overlaps with Teneo on the autonomous-agent + Web3 thesis and competes for the same developer mindshare.
- Crossmint: Crossmint provides programmable wallets, payments, and agent commerce APIs for AI agents and autonomous systems. Like Teneo, it targets developers building autonomous agents that need crypto-native payment rails and on-chain identity.
Broad incumbents
- Alchemy: Alchemy is a leading Web3 developer platform providing node infrastructure, APIs, and tooling used by most production crypto applications. It is a broad incumbent that could expand into agent-specific execution and payment services.
- Coinbase Developer Platform (AgentKit): Coinbase Developer Platform offers on-chain APIs and tooling, with AgentKit positioning the firm to serve AI agents transacting on Base. As an incumbent exchange and infrastructure operator, it competes head-on with Teneo's value proposition.
- Chainlink: Chainlink is the dominant oracle and cross-chain interoperability network (CCIP) used by most DeFi and enterprise Web3 applications. It competes as a broad incumbent in cross-chain execution and could bundle agent-payment primitives into its existing platform.
Others
- CoinMarketCap: CoinMarketCap is both a Teneo strategic partner (CoinMarketCap Labs) and the operator of the underlying crypto market data feed exposed via the CoinMarketCap Agent on Teneo's marketplace. It is ecosystem-adjacent rather than directly competitive.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Teneo Protocol social profiles
Digital presenceTeneo Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Teneo Protocol leadership team
Management profileNumber of profiles
Profiles3 records
Teneo Protocol funding detail
Funding detailFunding overview
Funding rounds1 record
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Teneo Protocol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Teneo Protocol
What does Teneo Protocol do?
Teneo Protocol operates an execution layer for the AI agent economy, enabling AI agents to run autonomous, pay-per-result transactions through the proprietary x402 payment standard. The platform connects agents to live data and on-chain execution across five blockchain networks (Avalanche, Base, BNB Chain, X Layer, Peaq), and is consumed by developers and enterprises through the Teneo CLI and the Agent Console Marketplace, which exposes hundreds of pre-built agents (LayerZero, X Platform, CoinMarketCap, Messari, Google Search, Amazon, YouTube, Nansen, Gas Sniper, and others).
Is Teneo Protocol a public or private company?
Teneo Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was Teneo Protocol founded?
Teneo Protocol was founded in 2024. It employs 11 to 50 people.
Where is Teneo Protocol based?
Teneo Protocol is headquartered in Vienna, Austria, in the Europe region.
How does Teneo Protocol make money?
Two revenue lines are on record. Pay-per-request in USDC (x402) is the primary driver. The others are node Rewards (Teneo Points, Fragments).
Who are Teneo Protocol's main competitors?
Direct peers on record are Nevermined, Fetch.ai, Moralis, The Graph, Autonolas (Olas) and Crossmint. Broad incumbents are Alchemy, Coinbase Developer Platform (AgentKit) and Chainlink. CoinMarketCap is listed as an others.
Does Teneo Protocol have an API?
No public API is recorded for Teneo Protocol.
What industry is Teneo Protocol in?
Teneo Protocol's product category is AI Agent Infrastructure / Web3 Protocol. Its primary akta.pro industry code is FSAPAEAD, DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading), with a secondary code of FSADAIAJ, Payment Orchestration, Routing & Smart Transaction Management (Crypto). Its NAICS code is 522320 and its SIC code is 6200.