# Candy Digital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/candy-digital

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.candy.io/
- Total disclosed funding: $130M
- Latest round: Series A (Jan 3, 2023)
- Investors on record: 14

## About

Based in New York, US, and founded in 2021 by Michael Rubin, Mike Novogratz, and Gary Vaynerchuk, Candy Digital, Inc. provides a non-fungible token (NFT) ecosystem platform for fans and collectors to purchase, trade, and share licensed non-fungible tokens (NFT) to sports, music, art, and cultural icons. In April 2025, Futureverse Corporation Ltd, a portfolio company of 10T and Ripple Labs Inc., acquired Candy Digital, Inc. from Chaos Ventures, Com2uS, Connect Ventures, Fanatics, Gaingels, Insight Partners, New Enterprise Associates, SB Investment Advisers, Will Ventures, 10T, ConsenSys Mesh, Galaxy, ConsenSys Ventures, Heni, Microsoft, Griffin Gaming Partners, RRE Ventures, Arcadia, Inc., Martis Capital, Third Kind Venture Capital, Warner Cinemas Spain, The LAO, Wakem Capital Management, Jay Street Capital, and Sprint VC. Candy Digital, Inc. provides a platform for major league baseball (MLB) fans to buy and trade officially licensed nonfungible tokens. In addition, the company is developing a broad range of digital collectibles related to sports content, art, entertainment, music and more. The company generates revenue from selling Candy NFT from its online store.

## Funding rounds

- Series A, Jan 3, 2023, $38M — ConsenSys Ventures, Galaxy Asset Management, 50T, ConsenSys Mesh, Sprint VC
- Series A, Oct 8, 2021, $92M — New Enterprise Associates, Insight Partners, Com2uS, Fanatics Holdings, Inc., Connect Ventures, Connect Ventures, Gaingels, SB Investment Advisers, Will Ventures, Chaos Ventures

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- Com2uS — Series A
- Fanatics Holdings, Inc. — Series A
- Connect Ventures — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series A
- Will Ventures (https://capitalatlas.ai/funds/will-ventures) — Series A
- Chaos Ventures (https://capitalatlas.ai/funds/chaos-ventures) — Series A
- ConsenSys Ventures (https://capitalatlas.ai/funds/consensys-ventures) — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- 50T (https://capitalatlas.ai/funds/50t) — Series A
- ConsenSys Mesh (https://capitalatlas.ai/funds/consensys-mesh) — Series A
- Sprint VC (https://capitalatlas.ai/funds/sprint-vc) — Series A