# Status AI

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

- Industry: Software
- Headquarters: New York, US
- Website: www.statusai.com/
- Total disclosed funding: $17M
- Latest round: Series A (May 2, 2025)
- Investors on record: 8

## About

Status AI is a US-based technology company specializing in decentralized applications and infrastructure, providing innovative solutions for a user-centric web experience. Status AI, founded in 2022 and headquartered in New York, US, focuses on creating decentralized applications. The company has undertaken two significant deals since its inception. The company was founded by a group of entrepreneurs including Fai Nur, who serves as CEO, along with Amit Bhatnagar, Pritesh Kadiwala, Blossom Okonkwo, and Great Okonkwo. In May 2025, Status AI raised USD 17.11 million in series A funding co-led by new investors General Catalyst Partners, Abstract Ventures, and Union Square Ventures, with participation from other new investors Y Combinator, Creator Ventures, Parable, Blueprint For The Culture, and LightShed Ventures. Individual investors and Other unspecified investors also participated in the round. The round was part of a larger round USD 17.1 mn seed and series A funding. Status AI develops a comprehensive mobile application that allows users to engage with decentralized finance (DeFi) platforms, conduct peer-to-peer transactions, and access blockchain services. Launched in 2022, the app functions as a secure digital wallet and supports cryptocurrency management while facilitating access to various blockchain networks. It serves individual consumers, developers, and businesses primarily in North America, Europe, and Asia, aiming to enhance privacy, security, and user autonomy in the digital space. Status AI generates revenue through subscription services, transactional fees, and partnerships with blockchain entities. Its subscription model enables users to access premium features in the app, and the company also earns from transaction fees related to crypto swaps and peer-to-peer transfers. Retailers can engage in partnerships within the Status ecosystem to leverage blockchain commerce. The company plans to use the funding to scale the platform, enhance the immersive social media experience, launch new products, and expand into additional markets.

## Funding rounds

- Series A, May 2, 2025, $17M — General Catalyst Partners, Union Square Ventures, Y Combinator, Abstract Ventures, LightShed Ventures, Creator Ventures, Blueprint For The Culture, Parable
- Seed, date not disclosed — General Catalyst Partners, Union Square Ventures, Y Combinator, Abstract Ventures, LightShed Ventures, Creator Ventures, Blueprint For The Culture, Parable

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Seed, Series A
- LightShed Ventures (https://capitalatlas.ai/funds/lightshed-ventures) — Seed, Series A
- Creator Ventures (https://capitalatlas.ai/funds/creator-ventures) — Seed, Series A
- Blueprint For The Culture (https://capitalatlas.ai/funds/blueprint-for-the-culture) — Seed, Series A
- Parable — Seed, Series A