Onchain Labs
Latest round
- Series A
Last raised
- Aug 2021
Total raised
- $32M
Investors
- 6
About Onchain Labs
Onchain Labs, Inc.Founded in 2018 and headquartered in San Francisco, US, Onchain Labs, Inc. operates a platform that empowers artists to tokenize their digital creations, allowing for authentic ownership through blockchain. The company was co-founded by Daniel Chu and Tobias Scharfenberg, both of whom have experience in the technology sector.MakersPlace, a platform operated by Onchain Labs, offers a digital marketplace dedicated to the creation, sale, and collection of unique digital artworks. The platform leverages blockchain technology to ensure the authenticity and provenance of each digital piece, enabling artists to tokenize their work as NFTs. By providing tools for minting, showcasing, and selling digital art, MakersPlace caters to both established and emerging digital artists as well as collectors interested in unique digital assets.MakersPlace generates revenue through transaction fees on NFT sales within its marketplace. A percentage of each sale price is retained by the platform as commission, ensuring that artists receive the majority of proceeds while sustaining its business model. The transaction structure primarily caters to direct sales from artists to consumers. Additionally, the platform engages in partnerships with galleries and institutions for promotional purposes, diversifying its revenue streams. plans to enhance its platform and support digital artists further. The company is also considering expansion into new markets, although specific regions and timelines have not been disclosed. The focus on improving the platform aims to solidify its position in the evolving digital art landscape.
Who invested in Onchain Labs
6 investors across 2 rounds
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Questions about Onchain Labs
Who invested in Onchain Labs?
Onchain Labs has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Onchain Labs raised?
Onchain Labs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Onchain Labs last raise money?
Onchain Labs's most recent round on record is a Series A, in Aug 2021.
What does Onchain Labs do?
Onchain Labs is a software company.
Where is Onchain Labs headquartered?
Onchain Labs is headquartered in San Francisco, US.
Which VCs invest in companies like Onchain Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Onchain Labs's stage. Their profiles are linked below.
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