About OpenSocial
OpenSocial is a company based in Hong Kong (China) founded in 2023 by HsinYa Sean Man and Allen Ng. OpenSocial has raised $11 million across 2 funding rounds from investors including Animoca Brands, OKX and OrangeDAO. OpenSocial offers products and services including Edgen Search, Aura Farming, Edgen Feed, and Edgen Radar. OpenSocial operates in a competitive market with competitors including Binance, Solana, Mysten Labs, Chain and Ankr, among others.
- Headquarter Hong Kong, China
- Founders HsinYa Sean Man, Allen Ng
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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
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$11 M (USD)
in 2 rounds
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Latest Funding Round
$6 M (USD), Series A
Jul 25, 2024
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Investors
Animoca Brands
& 28 more
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Employee Count
Not available
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Products & Services of OpenSocial
OpenSocial offers a comprehensive portfolio of products and services, including Edgen Search, Aura Farming, Edgen Feed, and Edgen Radar.
Provides instant crypto data summaries and market trends analysis.
Enables users to earn rewards by sharing crypto insights and predictions.
Offers AI-generated insights and community trader updates for markets.
Monitors crypto trends and identifies emerging opportunities in real time.
Funding Insights of OpenSocial
OpenSocial has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in July 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 OpenSocial
OpenSocial has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Animoca Brands, OKX and OrangeDAO.
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Blockchain startups are funded by Framework Ventures venture capital.
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Venture capital firm focused on the cryptocurrencies sector
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Hivemind Capital Partners is focused on digital asset investing.
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Investor details for OpenSocial
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by OpenSocial
Investment portfolio details for OpenSocial
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- Transaction dates
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Financial Statements - OpenSocial
Detailed financials for OpenSocial
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- Historical revenue
- Profit trends
- Statement rows
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Opensocial Comparisons
Peer comparison for OpenSocial
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of OpenSocial
OpenSocial 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 Binance, Solana, Mysten Labs, Chain and Ankr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online exchange platform for cryptocurrency
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Blockchain infrastructure is offered for financial application development.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Provider of a blockchain network
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Detailed competitors of OpenSocial
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Latest news on Opensocial
Complete news archive for OpenSocial
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- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about OpenSocial
OpenSocial was founded in 2023 and raised its 1st funding round 1 year after it was founded.
OpenSocial is headquartered in Hong Kong, China.
OpenSocial is a funded company, having raised a total of $11M across 2 funding rounds to date.
OpenSocial was founded in 2023 in Hong Kong, China, as a multichain social infrastructure platform. Users are enabled to build and connect with communities through personalized apps and spaces, without needing extensive coding or capital. Developers and creators are supported in developing socialFi super apps. Businesses are facilitated in onboarding, retaining, and expanding diverse user bases across various backgrounds.
OpenSocial's top competitors include Binance, Mysten Labs and Solana.
OpenSocial offers Edgen Search, Aura Farming, Edgen Feed, and Edgen Radar.
OpenSocial has 29 investors. Key investors include Animoca Brands, OKX, OrangeDAO, Gate Labs, and Framework Ventures.