Network3
Latest round
- Seed
Last raised
- Jul 2024
Total raised
- $5.5M
Investors
- 6
About Network3
Founded in 2015 and based in San Francisco, US, Network3 focuses on developing innovative solutions for the integration of blockchain technology with IoT. Network3 offers a comprehensive platform that supports Decentralized Physical Infrastructure Networks (DePIN). This platform enables cryptocurrency transactions via applications, employing smart contracts for secure interactions.0, AI-driven customer insights tools, and a decentralized GPU network for visual computing. Its products cater to various sectors, such as finance and automotive, with a market presence in North America, Europe, and parts of Asia. Network3 generates revenue through a mix of service subscriptions, transaction fees, and partnerships. The revenue model capitalizes on the usage of the platform's services, including AI data analysis and blockchain integration, reinforced by the Network3 token as a utility within its ecosystem. The company is planning the launch of new products that focus on improving its IoT and blockchain integration technologies. Furthermore, expansion into new markets, particularly in Europe and parts of Asia, is anticipated by late 2025, facilitating broader adoption of its services.
Who invested in Network3
6 investors across 1 round
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Funding rounds
Seed
Jul 23, 2024
Amount
$5.5M
Investors
Questions about Network3
Who invested in Network3?
Network3 has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Network3 raised?
Network3 has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Network3 last raise money?
Network3's most recent round on record is a Seed, in Jul 2024.
What does Network3 do?
Founded in 2015 and based in San Francisco, US, Network3 focuses on developing innovative solutions for the integration of blockchain technology with IoT.
Where is Network3 headquartered?
Network3 is headquartered in San Francisco, US.
Which VCs invest in companies like Network3?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Network3's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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