Farcaster Raises $150M in Series A Round Led by Paradigm for an Internet-Scale Protocol Vision
Amount Raised
$150 Million
Round Type
Series A
Los AngelesSocial MediaInvestors
Description
Decentralized social network Farcaster has secured $150 million in a Series A round, resulting in a $1 billion valuation. The funding was led by crypto investment firm Paradigm, with additional participation from a16z crypto, Haun Ventures, Union Square Ventures, Variant Fund, and Standard Crypto.
Quick answer
Farcaster raised $150 Million in a Series A round, dated May 21, 2024. Investors: Standard Crypto, Variant Fund, Union Square Ventures, Haun Ventures, A16z Crypto and Paradigm. Farcaster is based in Los Angeles, California, United States.
- How much did Farcaster raise?
- Farcaster raised $150 Million in a Series A round on May 21, 2024.
- Who invested in Farcaster?
- Standard Crypto, Variant Fund, Union Square Ventures, Haun Ventures, A16z Crypto and Paradigm are named as investors in this round.
- What does Farcaster do?
- Farcaster is a sufficiently decentralized social network.
- Where is Farcaster based and how big is it?
- Farcaster is based in Los Angeles, California, United States.
Source: Fundz verified event record.
Who else raised in Social Media around the same time
Companies in the same sectors as Farcaster that raised within 45 days of this round, from Fundz verified event records.
- Pepul Tech Pvt Ltd raised $4M (Pre-Series A) on July 1, 2024.
- LunchTable raised $2.4M (Seed) on June 26, 2024.
- Stanly raised $8M (Pre-Series A) on June 12, 2024.
- Zizle raised $3M (Pre-Seed) on May 31, 2024.
- Superfy raised $2.2M (Seed) on May 8, 2024.
- Wishew raised $10M (Pre-Seed) on May 1, 2024.
Who to call at Farcaster, and when
A new round usually means Farcaster is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Farcaster raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Farcaster, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Farcaster. With Fundz connected, it knows.
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Fundz sees it the moment Farcaster raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansFarcaster raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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