About Foundation
Foundation is a company based in Los Angeles (United States) founded in 2020. It operates as a Two-Sided Marketplace. Foundation has raised $199.99 thousand across 1 funding round. Foundation offers products and services including NFT Marketplace. Foundation operates in a competitive market with competitors including MakersPlace, Autograph, Art Blocks, SuperRare and Electric Objects, among others.
- Headquarter Los Angeles, United States
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Sectors
TechnologyMedia & Entertainment Financial 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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- Legal Name Foundation Labs
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$199.99 K (USD)
in 1 rounds
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Latest Funding Round
$199.99 K (USD), Seed
Feb 17, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of Foundation
Foundation offers a comprehensive portfolio of products and services, including NFT Marketplace. 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.
A platform for trading unique digital artworks is provided.
Funding Insights of Foundation
Foundation has successfully raised a total of $199.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $199.99 thousand completed in February 2021. 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 — $199,992
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First Round
First Round
(17 Feb 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Foundation | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Foundation
| 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 - Foundation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Foundation Comparisons
Competitors of Foundation
Foundation 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, SuperRare and Electric Objects, 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 |
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| 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 |
Online marketplace to sell and collect digital art
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| domain | founded_year | HQ Location |
Digital art is displayed via wall-mounted, internet-connected screens.
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| domain | founded_year | HQ Location |
Art-based NFT collections are offered for buying, selling, and storage.
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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 Foundation
When was Foundation founded?
Foundation was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Foundation located?
Foundation is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Foundation a funded company?
Foundation is a funded company, having raised a total of $199.99K across 1 funding round to date. The company's 1st funding round was a Seed of $199.99K, raised on Feb 17, 2021.
What does Foundation do?
A digital marketplace for non-fungible tokens (NFTs) is provided by Foundation. Artists and creators are enabled to mint and sell unique digital artworks, while collectors are facilitated to bid on and acquire these pieces. The platform operates within the blockchain technology sector, focusing on digital art and collectibles. Various exhibitions and galleries are hosted to highlight featured works and artists.
Who are the top competitors of Foundation?
Foundation's top competitors include MakersPlace, Art Blocks and DRiP.
What products or services does Foundation offer?
Foundation offers NFT Marketplace.