What is Syndicate?
Syndicate is at the forefront of revolutionizing the investment sector by developing accessible, effortless, and social web3 technologies. The company is building decentralized investing and social networking protocols, advanced legal tech solutions, and a next-generation social networking platform. This innovative ecosystem empowers communities to raise, coordinate, and invest capital with unprecedented ease. Founded in early 2021, Syndicate has garnered backing from over 300 founders, operators, investors, and communities across both web3 and web2.
How much funding has Syndicate raised?
Syndicate has raised a total of $27M across 3 funding rounds:
Angel/Seed
$1M
Series A
$20M
Other Financing Round
$6M
Angel/Seed (2021): $1M with participation from Delphi Ventures, CoinFund, and Electric Capital
Series A (2021): $20M led by Andreessen Horowitz
Other Financing Round (2022): $6M supported by South Park Commons, OpenSea, Andreessen Horowitz, Polygon, and Circle Venture Capital
Key Investors in Syndicate
South Park Commons
South Park Commons is a community supporting technologists and builders transitioning to new ventures, often providing pre-seed or seed-stage funding and mentorship.
OpenSea
OpenSea is the premier peer-to-peer marketplace for blockchain-based assets, including collectibles, gaming items, and digital art.
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm investing in both early-stage and growth-stage technology companies.
What's next for Syndicate?
The significant enterprise-level backing positions Syndicate for accelerated growth and further development of its decentralized investing and social networking protocols. This strategic investment is expected to fuel the expansion of its legal tech solutions and enhance its social networking platform, enabling more communities to engage in capital coordination and investment. Syndicate's focus on web3 technologies suggests a trajectory towards greater decentralization and user empowerment within the financial ecosystem.
See full Syndicate company page