# DSCVR

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dscvr

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.dscvr.one
- Total disclosed funding: $9M
- Latest round: Seed (Feb 2, 2022)
- Investors on record: 6

## About

Founded in 2021 and based in CA, US, DSCVR Inc. operates as a developer of a blockchain-based social network that enables users to have their own NFT to be able to participate in a token-gated communities called Portals. The company was founded by Rick Porter, a software engineer with over 10 years of experience. In July 2022, DSCVR Inc. raised USD 9 million in seed funding led by new investor Polychain Capital, with participation from other new investors Bertelsmann Digital Media Investments, Fyrfly Venture Partners, Shima Capital, Tomahawk.vc, and Upfront Ventures. In 2023, the company integrated with Bitcoin for both airdrops and tipping.

The company operates as a Web3 social network with underlying crypto and fintech functionality. Its platform DSCVR is also a well-known project in SocialFi (social finance) space. As of 2023, the platform's usership has exceeded 195,000.

## Funding rounds

- Seed, Feb 2, 2022, $9M — Upfront, Bertelsmann Digital Media Investments, Fyrfly Venture Partners, Polychain Capital, Tomahawk.vc, Shima Capital

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed
- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Seed
- Fyrfly Venture Partners (https://capitalatlas.ai/funds/fyrfly-venture-partners) — Seed
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Tomahawk.vc (https://capitalatlas.ai/funds/tomahawk-vc) — Seed
- Shima Capital (https://capitalatlas.ai/funds/shima-capital) — Seed