CharacterX

San Francisco, United States Founded: 2023 • Age: 3 yrs
Decentralized synthetic social network
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About CharacterX

CharacterX is a company based in San Francisco (United States) founded in 2023 by Joe Zhou, Rene, and Ye Xinnan.. CharacterX has raised $2.8 million across 1 funding round from investors including Lightspeed Venture Partners, INCE Capital and Spark Digital Capital. CharacterX offers products and services including AI Infrastructure Platform, Tokenized Economies, and Multi-modal Intelligence. CharacterX operates in a competitive market with competitors including Phaver, Lens, Easy, Uhive and Farcaster, among others.

  • Headquarter San Francisco, United States
  • Founders Joe Zhou, Rene, Ye Xinnan
  • Sectors
    Technology
    Financial Services Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Financial Services → FinTech & Digital Finance
Media & Entertainment → Creator Economy & Social Platforms
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.8 M (USD), Seed

    Jan 08, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of CharacterX

CharacterX offers a comprehensive portfolio of products and services, including AI Infrastructure Platform, Tokenized Economies, and Multi-modal Intelligence. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enables deployment of autonomous agents for decentralized applications.

Facilitates token-incentivized interactions for AI agents in ecosystems.

Supports advanced decision-making for governance and commerce uses.

Funding Insights of CharacterX

CharacterX has successfully raised a total of $2.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.8 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $2.8M
  • First Round

    (08 Jan 2024)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Seed - CharacterX Valuation Lightspeed Venture Partners , INCE Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CharacterX

CharacterX has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, INCE Capital and Spark Digital Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
A global venture capital firm focused on innovative companies.
Founded Year Domain Location
Blockchain projects are incubated by venture capital-backed firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CharacterX

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CharacterX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Characterx Comparisons

Employees
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Competitors of CharacterX

CharacterX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Phaver, Lens, Easy, Uhive and Farcaster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Decentralized social networking platform
domain founded_year HQ Location
Blockchain protocols for decentralized social networks are offered by Lens.
domain founded_year HQ Location
Decentralized social platform for connecting with friends
domain founded_year HQ Location
Interest-based social platform for metaverse user connections is provided.
domain founded_year HQ Location
Decentralized white-label social platforms are provided for community creation.
domain founded_year HQ Location
Virtual world games are facilitated through an NFT-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Characterx

Frequently Asked Questions about CharacterX

When was CharacterX founded?

CharacterX was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is CharacterX located?

CharacterX is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of CharacterX?

Ye Xinnan is the current CEO of CharacterX. They have also founded this company.

Is CharacterX a funded company?

CharacterX is a funded company, having raised a total of $2.8M across 1 funding round to date. The company's 1st funding round was a Seed of $2.8M, raised on Jan 08, 2024.

What does CharacterX do?

CharacterX was established in 2023 in San Francisco, United States, within the decentralized AI and social networking sector. Access to multi-sensory AI and gamified social features is facilitated by the platform. Genesis and training of AI assets are supported, with ownership granted to users. Decentralized AI infrastructure is employed to underpin these operations across the network.

Who are the top competitors of CharacterX?

CharacterX's top competitors include Decentraland, Phaver and Farcaster.

What products or services does CharacterX offer?

CharacterX offers AI Infrastructure Platform, Tokenized Economies, and Multi-modal Intelligence.

Who are CharacterX's investors?

CharacterX has 9 investors. Key investors include Lightspeed Venture Partners, INCE Capital, Spark Digital Capital, ZC Capital, and Fermion Capital.

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