About Formfunction
Formfunction is a company based in San Francisco (United States) founded in 2021 by Katherine Liu.. Formfunction has raised $4.7 million across 1 funding round from investors including OpenSea, Pear VC and Palm Tree Crew. Formfunction offers products and services including Formfunction Monorepo, Formfunction Auction House, Formfunction Gumdrop, and Formfunction Candy Machine. Formfunction operates in a competitive market with competitors including MakersPlace, Autograph, Art Blocks, Taproot Wizards and SuperRare, among others.
- Headquarter San Francisco, United States
- Founders Katherine Liu
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.7 M (USD)
in 1 rounds
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Latest Funding Round
$4.7 M (USD), Seed
Mar 16, 2022
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Investors
OpenSea
& 11 more
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Employee Count
Employee Count
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Products & Services of Formfunction
Formfunction offers a comprehensive portfolio of products and services, including Formfunction Monorepo, Formfunction Auction House, Formfunction Gumdrop, and Formfunction Candy Machine. 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.
Frontend and backend code for NFT marketplace operations
Program for on-chain bidding and buying of NFT editions
SDK for participation NFT features in blockchain projects
Forked tool for minting NFTs with allowlist functionality
Funding Insights of Formfunction
Formfunction has successfully raised a total of $4.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.7 million completed in March 2022. 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 Funding
- Total Rounds 1
- Last Round Seed — $4.7M
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First Round
First Round
(16 Mar 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Formfunction | Valuation | Variant Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Formfunction
Formfunction has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include OpenSea, Pear VC and Palm Tree Crew. 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.
| Investor | Description | Founded Year | Domain | Location |
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Solana Ventures is focused on investing in Solana-based companies.
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Founded Year | Domain | Location | |
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Seed & early stage VC firm investing the US
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain investments and decentralized technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Formfunction
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Formfunction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Formfunction Comparisons
Competitors of Formfunction
Formfunction 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 MakersPlace, Autograph, Art Blocks, Taproot Wizards and SuperRare, 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 |
Digital art products are traded on an online marketplace platform.
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| domain | founded_year | HQ Location |
Unique digital collections are created and traded using NFTs.
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| domain | founded_year | HQ Location |
Digital card collectibles are traded through an online NFT marketplace.
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| domain | founded_year | HQ Location |
Platform offering a collection of JPEGs inscribed on the Bitcoin blockchain
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| domain | founded_year | HQ Location |
Online marketplace to sell and collect digital art
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| domain | founded_year | HQ Location |
Digital art and NFTs are discovered, collected, and traded online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Formfunction
When was Formfunction founded?
Formfunction was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Formfunction located?
Formfunction is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Formfunction a funded company?
Formfunction is a funded company, having raised a total of $4.7M across 1 funding round to date. The company's 1st funding round was a Seed of $4.7M, raised on Mar 16, 2022.
What does Formfunction do?
Solana NFT marketplace for independent artists and creators. It enables users to mint NFTs, put pieces up for auction, and connect with other artists and collectors. It allows users to create and collect amazing digital art, without harming the environment.
Who are the top competitors of Formfunction?
Formfunction's top competitors include MakersPlace, Taproot Wizards and Art Blocks.
What products or services does Formfunction offer?
Formfunction offers Formfunction Monorepo, Formfunction Auction House, Formfunction Gumdrop, and Formfunction Candy Machine.
Who are Formfunction's investors?
Formfunction has 12 investors. Key investors include OpenSea, Pear VC, Palm Tree Crew, Yat, and Variant Fund.