Lens

Venice, United States Founded: 2014 • Age: 12 yrs
Blockchain protocols for decentralized social networks are offered by Lens.
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About Lens

Lens is a company based in Venice (United States) founded in 2014. It operates as a Platform-as-a-Service, and Two-Sided Marketplace. Lens has raised $46 million across 3 funding rounds from investors including Consensys, FTX and Wintermute. Lens has completed 1 acquisition, including Sonar. Lens offers products and services including Lens Chain, Social Primitives, and Grove. Lens operates in a competitive market with competitors including Phaver, Easy, Farcaster, FWB and Arianee, among others.

  • Headquarter Venice, United States
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lens Labs
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $46 M (USD)

    in 3 rounds

  • Latest Funding Round
    $31 M (USD), Series B

    Dec 19, 2024

  • Investors
    Consensys

    & 35 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Lens

Lens offers a comprehensive portfolio of products and services, including Lens Chain, Social Primitives, and Grove. 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

A high-performance chain for SocialFi applications is provided.

Modular social features for onchain applications are offered.

Onchain-permissioned storage for user content is facilitated.

Funding Insights of Lens

Lens has successfully raised a total of $46M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in December 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 3
  • Last Round Series B — $31.0M
  • First Round
  • Investors Count 36
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2024 Amount Series B - Lens Valuation Faction VC
Jun, 2023 Amount Series A - Lens Valuation IDEO CoLab
Nov, 2022 Amount Seed - Lens Valuation

investors

FTX
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 Lens

Lens has secured backing from 36 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Consensys, FTX and Wintermute. 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
Blockchain and decentralized networks are targeted for venture capital investments.
Founded Year Domain Location
Blockchain sector focus is maintained by venture capital-backed accelerator.
Founded Year Domain Location
Seed-stage companies are funded by this venture capital entity.
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 Lens

Lens has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sonar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Offers an app providing emoji-icon widgets
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lens

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

Lens Comparisons

Employees
+
Add Comparison
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Competitors of Lens

Lens 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, Easy, Farcaster, FWB and Arianee, 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
Decentralized social platform for connecting with friends
domain founded_year HQ Location
Decentralized white-label social platforms are provided for community creation.
domain founded_year HQ Location
Provider of social DAO
domain founded_year HQ Location
Provider of a decentralized platform to manage digital ownership of fashion products
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 Lens

Frequently Asked Questions about Lens

When was Lens founded?

Lens was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is Lens located?

Lens is headquartered in Venice, United States. It is registered at Venice, Florida, United States.

Is Lens a funded company?

Lens is a funded company, having raised a total of $46M across 3 funding rounds to date.

What does Lens do?

A comprehensive platform for building SocialFi applications is offered by Lens. Focus is placed on integrating social and financial experiences through a high-performance blockchain chain. Solutions include modular social primitives for onchain applications, onchain-controlled storage via Grove, and developer tools with clear documentation. The platform is designed to be scalable, secure, and cost-effective, with transactions settled in GHO for predictable fees. Collaboration with leading blockchain and DeFi projects ensures a robust ecosystem. Sectors served include blockchain technology and decentralized social networking.

Who are the top competitors of Lens?

Lens's top competitors include Phaver, Farcaster and UXLINK.

What products or services does Lens offer?

Lens offers Lens Chain, Social Primitives, and Grove.

How many acquisitions has Lens made?

Lens has made 1 acquisition, including Sonar.

Who are Lens's investors?

Lens has 36 investors. Key investors include Consensys, FTX, Wintermute, Avail, and Global Coin Research.

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