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Unstoppable Domains Raises $65 Million At $1 Billion Valuation To Turn Nfts Into Your Web3 Digital Identity

PRIVATEJul 27, 2022

Amount Raised

$65 Million

Round Type

Funding Round

Las VegasBlockchainCryptocurrency

Description

Unstoppable Domains, the leading platform for Web3 digital identity with more than 2.5 million registered NFT domains, today announced it has closed $65 million in Series A funding at a $1 billion valuation. The round was led by new investor Pantera Capital with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, and Alt Tab Capital, along with previous investors Boost VC and Draper Associates. Unstoppable Domains will use the funding to fuel product innovation and grow our partnerships in the web3 space as we continue to build a platform for user-owned and portable digital identity.

Quick answer

Domains raised $65 Million in a Funding Round round, dated July 27, 2022. Domains is based in Las Vegas, Nevada, United States.

How much did Domains raise?
Domains raised $65 Million in a Funding Round round on July 27, 2022.
What does Domains do?
The company has registered 2.5 million domains, which people can use to log into more than 150 Web3 applications, replace lengthy crypto wallet addresses on more than 80 wallets and exchanges, create decentralized..
Where is Domains based and how big is it?
Domains is based in Las Vegas, Nevada, United States.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Domains that raised within 45 days of this round, from Fundz verified event records.

  • Slide raised $12M (Seed) on September 8, 2022.
  • B&J Studios raised $10M (Funding Round) on September 8, 2022.
  • 21.co raised $25M (Funding Round) on September 7, 2022.
  • RAZE raised $254K (Pre-Seed) on September 5, 2022.
  • Haru Invest raised an undisclosed amount (Funding Round) on September 1, 2022.
  • iCover raised $5M (Pre-Series A) on August 31, 2022.

Who to call at Domains, and when

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Company Information

Company

Domains

Location

Las Vegas, Nevada, United States

About

The company has registered 2.5 million domains, which people can use to log into more than 150 Web3 applications, replace lengthy crypto wallet addresses on more than 80 wallets and exchanges, create decentralized websites, and build their web3 identity. The firm subsequently launched the first exclusively-blockchain venture fund. Unstoppable Domains will use the funding to fuel product innovation and grow our partnerships in the web3 space as we continue to build a platform for user-owned and portable digital identity. We're thrilled to partner with Pantera and other investors who share our vision of onboarding billions of people onto Web3 through NFT domains that unlock user-owned, private, and portable identities."Unstoppable Domains is a fully remote company and was recently named one of America's Best Startup Employers by Forbes. ABOUT UNSTOPPABLE DOMAINSFounded in 2018, Unstoppable Domains is an NFT domain name provider and digital identity platform working to onboard the world onto Web3.

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Domains raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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