merklemanufactory.comConsumer & Lifestyle / SocialFounded: 2021Funding to Date: $180MM
Farcaster is a decentralized social media protocol aimed at providing users with greater control over their data and interactions. This platform has a mission to allow users to create profiles, post messages, and follow others, with all interactions anchored in the Ethereum blockchain. Farcaster was founded by Dan Romero and Varun Srinivasan in 2020 and is headquartered in Los Angeles, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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05/21/2024 | Series A | $150MM | $xx.xx | $1B | Paradigm, Haun Ventures, Union Square Ventures, Variant, Standard Crypto, Andreessen Horowitz | |
Price per Share
$xx.xx
Shares Outstanding
2,742,481
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Paradigm, Haun Ventures, Union Square Ventures, Variant, Standard Crypto, Andreessen Horowitz
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07/13/2022 | Series Seed | $30MM | $xx.xx | $150MM | Andreessen Horowitz, Standard Crypto, Elad Gil, 1confirmation, Scalar Capital, First Round Capital, Volt Capital, A Capital, Angel Fund, Coinbase Ventures, Mischief, Ansa Capital, Haystack, Ribbit Capital, Chapter One, Multicoin Capital, Offline Ventures, Archetype, Canonical Crypto, Proof Group, Floodgate, Balaji Srinivsasan, 6529 Capital, Ray Tonsing | |
Price per Share
$xx.xx
Shares Outstanding
2,331,111
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Standard Crypto, Elad Gil, 1confirmation, Scalar Capital, First Round Capital, Volt Capital, A Capital, Angel Fund, Coinbase Ventures, Mischief, Ansa Capital, Haystack, Ribbit Capital, Chapter One, Multicoin Capital, Offline Ventures, Archetype, Canonical Crypto, Proof Group, Floodgate, Balaji Srinivsasan, 6529 Capital, Ray Tonsing
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