# Myshell

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.myshell.ai/
- Total disclosed funding: $5.6M
- Latest round: Seed (Oct 16, 2023)
- Investors on record: 6

## About

Founded in 2023, and based in Chicago, Illinois, US, Myshell operates as a provider of AI-based platforms using blockchain technology that allows users to create AI characters and communicate with other users. In March 2024, the firm raised USD 11 million in pre-series A funding led by investor Dragonfly Capital, with participation from investors Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, and OKX Ventures. 

The company offers software development solutions that include discovering, creating, and staking artificial intelligence-based native applications. The company’s technology solutions include large language models (LLM), stable diffusion, voice cloning, and many more.

The company generates revenue by charging fiat or cryptocurrency for its subscription plans.

The company plans to use the March 2024 funding to support the development of its open-source models and platform.

## Funding rounds

- Seed, Oct 16, 2023, $5.6M — TSVC, HashKey Capital, INCE Capital, SevenX Ventures, Inception Capital, Folius Ventures

## Investors

- TSVC (https://capitalatlas.ai/funds/tsvc) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- INCE Capital (https://capitalatlas.ai/funds/ince-capital) — Seed
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Seed
- Inception Capital — Seed
- Folius Ventures — Seed