Syndicate Raises $20M Series A to Scale Community-Driven Investing Platform

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August 31st, 2021

Today, we’re excited to announce that Syndicate has raised $20 million in a Series A round led by Andreessen Horowitz with participation from over 150 leading founders, operators, creators, and investors (full list below). Following our community raise, our Series A is the next major step in bringing our revolutionary protocol and platform for investing to people and communities all around the world.

Within the next decade, investing will be decentralized, democratized, and community-driven. Syndicate is building the infrastructure to enable this at scale—we’re developing decentralized investing and social networking protocols, advanced legal tech solutions, and a next-gen social networking platform that empowers communities to raise, coordinate, and invest capital like never before. This will have a profound impact by expanding what gets funded and built in the world—by whom, for whom, and where. It’ll level the playing field, empower communities of builders, creatives, influencers, and friends to invest in new ideas and world-changing technologies, and introduce radical new models for investing to society that are fundamentally more open, free, and fair.

To realize this important yet complex mission, we’re partnering with values-aligned leaders who represent a diverse array of industries and communities as part of our Series A, including firms like Andreessen Horowitz and its Cultural Leadership Fund, IDEO CoLab Ventures, Variant, Electric Capital, CoinFund, Scalar Capital, Bill Ackman’s Table Management, Weekend Fund, Coinbase Ventures, Ashton Kutcher and Guy Oseary’s Sound Ventures, Kevin Durant’s Thirty Five Ventures, Aave, Protocol Labs, A Capital, Acrylic, Delphi INFINFT, True Ventures, Makena, Atelier Ventures (creator economy focused venture firm), the Council Fund (all women venture firm), entrepreneurs like Ryan Hoover (Founder of Product Hunt), Alexis Ohanian (Co-Founder of Reddit), Biz Stone (Co-Founder of Twitter), Cordozar Broadus (Snoop Dogg), and investors like Matthew Ball, Packy McCormick, Lenny Rachitsky, Scott Belsky, Alice Lloyd George, and over 100 more people and firms who each bring important capabilities, expertise, and networks to the project.

The funds from the round will be used to accelerate the development of our decentralized autonomous organization (DAO) powered technologies, integration with Web3 projects and fintech startups, and support of communities with the advanced legal and operational tools they need to succeed and grow long term. Komorebi (investing in female and non-binary founders), Audacity (investing in Black and African founders), Fiat Lux (funding scientific research), Delphi INFINFT (investing in the NFT ecosystem), and the IDEO Founder Collective (founders equity share) recently launched on Syndicate—we’re now working with dozens of new communities like CityDAO (democratizing access to land) to launch in the coming months as part of our private beta rollout.

Syndicate was founded in 2021 to develop a decentralized protocol and social network that empowers more people and communities to invest, with the eventual goal of transforming how the world creates and shares value. If this inspires you, we hope you’ll join us and our growing community of mission-aligned users, partners, and friends to change investing for the better, for everyone.

Series A Investors

  • Andreessen Horowitz
  • IDEO CoLab Ventures
  • Variant
  • Table Management
  • Weekend Fund
  • Electric Capital
  • CoinFund
  • Sound Ventures
  • Scalar Capital
  • A Capital
  • Atelier Ventures
  • Thirty Five Ventures
  • Coinbase Ventures
  • Makena
  • Aave
  • Protocol Labs
  • True Ventures
  • Acrylic
  • The Council Fund
  • Delphi INFINFT
  • Ryan Hoover (Weekend Fund, Product Hunt)
  • Lenny Rachitsky
  • Todd Goldberg
  • The Council Fund
  • Alexis Ohanian (Reddit, 776)
  • Scott Belsky (Adobe)
  • Matthew Ball
  • Packy McCormick
  • Alice Lloyd George (Rogue VC)
  • Jalak Jobanputra (Future Perfect)
  • Biz Stone (Twitter)
  • Boris Wertz (Version One)
  • Ashley Tyson (Web3 Foundation)
  • Maple Leaf Cap
  • Ryan Junee (Electric Ant)
  • Jonathan Glick
  • Jonathan Hills (CabinDAO)
  • David Eckstein (Menlo Security)
  • Snoop Dogg
  • Bored Elon
  • 130+ operators at Square, Google, Instagram, Stripe, Airbnb, Softbank, Snap, more

Seed Investors

  • IDEO CoLab Ventures
  • Electric Capital
  • Delphi Digital
  • CoinFund
  • Variant
  • Robot Ventures
  • Kleiner Perkins
  • DeFi Alliance
  • Nascent
  • Adam Jackson (Braintrust, ex Doctor On Demand)
  • Alex Pack (Pack Capital, ex Dragonfly)
  • Ash Egan (Acrylic)
  • Brad Holden (Amazon)
  • Brandon Cook (Proxy)
  • Crypto Dog
  • David Nage (Arca, Base Layer)
  • DeFi Dad (Zapper, Yield TV)
  • Don Ho (Quantstamp, Pioneer Fund)
  • Eric Wu (Opendoor)
  • Justin Mart (Coinbase Ventures)
  • Niraj Pant (Polychain)
  • RAC ($RAC, Six)
  • Ryan Sean Adams (Bankless)
  • Scott Lewis (DeFi Pulse, Concourse, Slingshot)
  • Stani Kulechov (Aave, Variant)
  • Tegan Kline (The Graph, Edge & Node)
  • Trevor McFedries (Brud, Lil Miquela, $FWB)

Community Investors

  • Alana Podrx (Eve Wealth)
  • Alex Masmej (Showtime)
  • Alexis Gauba (Opyn)
  • Ameer Suhayb Carter (Mint Fund)
  • Anastasia Andrianova (Akropolis)
  • Andrew Steinwold (Sfermion)
  • Aya Kantorovich (FalconX)
  • Baek Kim (Hashed)
  • Balaji Srinivasan (ex Coinbase, ex Earn, ex a16z)
  • Beryl Li (Yield Guild)
  • Blake West (Goldfinch)
  • Bo Shao (Evolve)
  • Bobby Ong (CoinGecko)
  • Brian Flynn (Rabbithole)
  • Calvin Liu (Divergence)
  • Carlos Gomes (Mint Fund)
  • Christy Choi (ex Binance)
  • Colleen Sullivan (CMT Digital)
  • Cooper Turley (Audius, Variant)
  • Courtney Chow (Battery, ex IDEO CoLab)
  • Cuy Sheffield (Visa)
  • Dave Kim (Bill & Melinda Gates Foundation)
  • Derek Hsue (Reverie)
  • Do Kwon (Terra)
  • Driss
  • Erik Syvertsen (AngelList)
  • Erikan Obotetukudo (Audacity)
  • Gabby Dizon (Yield Guild)
  • George Lambeth (Balancer)
  • Illia Polosukhin (NEAR)
  • Jacob Horne (Zora)
  • Jake Chervinsky (Compound, Variant)
  • James Foley (Cowri)
  • James Young (Abridged, Collab.Land)
  • Jason Choi (Spartan Group, Blockcrunch)
  • Jazear Brooks (Sifchain)
  • Jean-Cedric
  • Jeff Garzik (Vesper)
  • Jeff Morris Jr. (Chapter One, ex Tinder)
  • Jeremy Allaire (Circle)
  • Jess Sloss (SeedClub)
  • Joon Ian Wong (ex CoinDesk)
  • Joris Delanoue (Fairmint)
  • Joyce Yang (Global Coin Ventures)
  • Julia Lipton (Awesome People Ventures)
  • Justin Ridgely (Syndicate, ex BlockFi)
  • Justine Humenansky (Playground, Fiat Lux DAO)
  • Kaito (Bspeak!)
  • Kazufumi
  • Kenny White (Cowri)
  • Kevin Chou (Rally, Forte, Kabam, Gen.G)
  • Kevin Nielsen (Boardroom)
  • “Fully Allocated” (Default)
  • Kieran Warwick (Illuvium)
  • Kinsa Durst (Republic)
  • Kristie Huang (Komorebi, she256)
  • Larry Sukernik (Reverie)
  • Leighton Cusack (PoolTogether, PleasrDAO)
  • Li Jin, Founder (Atelier Ventures)
  • Luis Cuende (Aragon)
  • Mark Roszak (1121 Law)
  • Matthew Roszak (Vesper)
  • Meltem Demirors (CoinShares)
  • Micah Johnson (Aku)
  • Mike Sall (Goldfinch)
  • Mike Zajko (CoinList, Free Company)
  • Mildred Idada (Open Web Collective)
  • Min Teo (Ethereal Ventures, ConsenSys Mesh)
  • Morgan Beller (NFX, ex Libra, ex a16z)
  • Nathalie McGrath (ex Coinbase)
  • Nathan McCauley (Anchorage)
  • Nathaniel Whittemore
  • Nitya Subramanian (Celo)
  • Noah Jessop (Nine Realms)
  • Patrick Chang (Dispersion)
  • Prabhakar Reddy (FalconX, ex Accel)
  • Rahul Vohra (Superhuman)
  • Raj Gokal (Solana)
  • Ramon Recuero (Babylon)
  • Regan Bozman (Dove Mountain Partners, ex-Coinlist)
  • Rene Reinsberg (Celo)
  • Robbie Bent (Ethereum Foundation)
  • Ryan Selkis (Messari)
  • Sasha (Aliaksandr) Hudzilin (NEAR)
  • Scott Moore (Gitcoin)
  • Sebastian Delgado (Fei)
  • Sina Habibian (Ethereum Foundation)
  • Sriram Krishnan (Calm, ex Tinder, ex Spotify)
  • Stani Kulechov (Aave)
  • Steve Blank (Stanford University)
  • Steve Weinstein (Stanford University)
  • Thibauld Favre (Fairmint)
  • Todd Goldberg
  • Tom Bedecarre (Stanford University, ex AKQA)
  • Tyler Ward (Barnbridge)
  • Vanessa Slavich (Celo)
  • Wsbmod (Wall Street Bets)
  • Xochitl Cazador (Celo, she256)
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