About Farcaster
Farcaster is a company based in Los Angeles (United States) founded in 2020 by Varun Srinivasan and Dan Romero. Farcaster has raised $180 million across 2 funding rounds from investors including Coinbase, Multicoin Capital and Ribbit Capital. Farcaster offers products and services including Warpcast and Farcaster Platform. Farcaster operates in a competitive market with competitors including Paxos, Phaver, Zero Hash, BTSE and Fordefi, among others.
- Headquarter Los Angeles, United States
- Founders Varun Srinivasan, Dan Romero
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$180 M (USD)
in 2 rounds
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Latest Funding Round
$150 M (USD), Series A
May 21, 2024
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Investors
Coinbase
& 28 more
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Employee Count
Not available
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Products & Services of Farcaster
Farcaster offers a comprehensive portfolio of products and services, including Warpcast and Farcaster Platform.
Mobile application for accessing Farcaster network features.
Platform for building decentralized social applications.
People of Farcaster
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Funding Insights of Farcaster
Farcaster has successfully raised a total of $180M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $150 million completed in May 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.
Investors in Farcaster
Farcaster has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Multicoin Capital and Ribbit Capital.
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Venture capital investments are directed toward crypto-assets and Web3 businesses.
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A venture capital firm focused on crypto technology investments.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Investor details for Farcaster
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Investments & Acquisitions by Farcaster
Investment portfolio details for Farcaster
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Financial Statements - Farcaster
Detailed financials for Farcaster
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Farcaster Comparisons
Peer comparison for Farcaster
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Farcaster
Farcaster 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 Paxos, Phaver, Zero Hash, BTSE and Fordefi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain-based settlement solutions are provided for financial institutions.
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Decentralized social networking platform
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Embedded crypto solutions for financial institutions
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Cryptocurrencies exchange platform
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MPC wallet platform and web3 gateway solution
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| Locked | Locked | Locked |
Decentralized social platform for connecting with friends
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Detailed competitors of Farcaster
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Latest news on Farcaster
Complete news archive for Farcaster
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Frequently Asked Questions about Farcaster
Farcaster was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Farcaster is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Dan Romero is the current CEO of Farcaster. They have also founded this company.
Farcaster is a funded company, having raised a total of $180M across 2 funding rounds to date.
Farcaster was founded in 2020 in Los Angeles, United States, as a provider of decentralized white-label social platforms. Communities are enabled to be created and customized by users through these platforms. Operations focus on the social technology sector, supporting decentralized networks for various user groups. The companys domain is farcaster.xyz, with co-founders Varun Srinivasan and Dan Romero leading efforts.
Farcaster offers Warpcast and Farcaster Platform.
Farcaster has 29 investors. Key investors include Coinbase, Multicoin Capital, Ribbit Capital, 1confirmation, and Scalar Capital.