# Co:Create

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/co-create

- Industry: Software
- Headquarters: US
- Website: www.usecocreate.io
- Total disclosed funding: $25M
- Latest round: Seed (May 10, 2022)
- Investors on record: 5

## About

Based in the US and founded in 2017, Co:Create enables NFT projects in expanding their reach, decentralize governance, and incentivize dApp ecosystems with the help of their protocol. In May 2022, Co:Create raised USD 25 million in a Seed round led by new investor Andreessen Horowitz, with participation from other new investors FTX Ventures, LFG NFTs, Corp., Not Boring Capital and Vaynerfund. The company is led by founder and CEO, Tara Fung. As of May 2022, Co:Create has approximately 10 employees and is part of Gesso Labs. 

Co:Create protocol helps creators and brands launch their native token and manage Decentralized autonomous organizations (DAOs). The protocol essentially provides a smart contracts platform that projects can use to mint NFTs and control royalties to be paid in their native token.  

The company intends to use the 2022 funding to expand its team to 20 people build an infrastructure layer for NFT projects and sign partnerships with brands and creators for its protocol. Co:Create also plans to eventually convert into a DAO and launch its own native token, known as CO.

## Funding rounds

- Seed, May 10, 2022, $25M — Andreessen Horowitz, Not Boring Capital, FTX Ventures, LFG NFTs, Corp., Vaynerfund

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Not Boring Capital (https://capitalatlas.ai/funds/not-boring-capital) — Seed
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Seed
- LFG NFTs, Corp. — Seed
- Vaynerfund (https://capitalatlas.ai/funds/vaynerfund) — Seed
