# Otterspace

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.otterspace.xyz
- Total disclosed funding: $6.7M
- Latest round: Seed (Oct 13, 2022)
- Investors on record: 8

## About

Based in Germany, and founded in 2022, Otterspace operates as a provider of software solutions. The company was founded by Ben Dobbrick, Rahul Rumalla, and Catriona Emily Furlong. In June 2022, Otterspace raised USD 3 million in seed funding from btov Partners, Cherry Ventures, Coinbase Ventures, and Inflection Managing Partner.

Otterspace provides DAOs (decentralized autonomous organizations) onboarding platform, which let decentralized autonomous organizations quickly establish quests and badges as prizes for their members and onboard more members. The company offers a protocol for badge distribution that aids DAOs in member onboarding and badge issuance through the use of non-transferable tokens.

## Funding rounds

- Seed, Oct 13, 2022, $3.7M — Bessemer Venture Partners, b2venture, SquareOne, Cherry Ventures, Coinbase Ventures, Inflection Managing Partner
- Seed, May 4, 2022, $3M — b2venture, SquareOne, Cherry Ventures, Tiny Super Computer Investment Company, Coinbase Ventures, Renegade Ventures, Inflection Managing Partner

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed
- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Renegade Ventures — Seed
- Inflection Managing Partner (https://capitalatlas.ai/funds/inflection-managing-partner) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed