What is Lore?
Founded in 2022 and headquartered in New York, New York, Lore is at the forefront of developing a blockchain-based search engine. This innovative approach aims to leverage decentralized technology to create a more private, secure, and user-controlled search experience, differentiating itself from traditional search paradigms. The company's focus on blockchain technology suggests a commitment to building a more transparent and resilient internet infrastructure.
How much funding has Lore raised?
Lore has raised a total of $2.3M across 1 funding round:
Other Financing Round
$2.3M
Other Financing Round (2023): $2.3M with participation from Floodgate and Society for Applied Learning Technology
Key Investors in Lore
Floodgate
Floodgate Fund is a venture capital firm that specializes in early stage investments in technology companies, aiming to support extraordinary founders at the pre-seed and seed stages. They focus on identifying and backing innovative companies that are considered pattern breakers in the tech industry.
Society for Applied Learning Technology
SALT is a global thought leadership forum devoted to unlocking growth opportunities in finance, economics, entrepreneurship, public policy, technology, and philanthropy. Their annual event brings together many of the world's foremost investors, policy experts, politicians, and business leaders.
What's next for Lore?
With a recent major strategic investment, Lore is poised for accelerated growth and development. This capital infusion is likely to fuel further expansion of its engineering team, enhance its core search technology, and broaden its market reach. The company's trajectory, marked by this significant backing, indicates a move towards scaling its operations and solidifying its position in the competitive search engine market, potentially disrupting established players with its decentralized model.
See full Lore company page
