# Story Protocol

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.story.foundation
- Total disclosed funding: $134M
- Latest round: Series B (Aug 21, 2024)
- Investors on record: 16

## About

Based in Washington, US, Story Protocol, also known as PIP Labs, provides technology that governs the creation of a narrative universe. In August 2024, Story Protocol raised USD 80 million in series B funding led by returning investor Andreessen Horowitz, with participation from new investor Polychain Capital and individual investors.

The company offers a web3 technology platform to its customers. With the help of the company's platform, users may develop, manage, and license intellectual property on-chain, construct an ecosystem of remixable and compostable tale legos, and create narrative stories with incentives.

The company plans to use the August 2024 funding to revamp and leverage the scales with a blockchain-based platform to help IP owners track usage more effectively.

## Funding rounds

- Series B, Aug 21, 2024, $80M — Andreessen Horowitz, SparkLabs Global Ventures, Polychain Capital, Samsung NEXT Ventures, Hashed Ventures, Mirana Ventures, Foresight Ventures
- Series A, Sep 5, 2023, $25M — Andreessen Horowitz, WME Group, LLC, Endeavor Catalyst, Samsung NEXT Ventures, Two Small Fish Ventures, Insignia Ventures Partners, Hashed Ventures, Alliance, Mirana Ventures, dao5, 11:11 Media, Foresight Ventures
- Seed, May 17, 2023, $29M — Berggruen Holdings, Andreessen Horowitz, Samsung NEXT Ventures, Two Small Fish Ventures, Hashed Ventures, Mirana Ventures, dao5, SLVC

## Investors

- Berggruen Holdings (https://capitalatlas.ai/funds/berggruen-holdings) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Seed, Series A, Series B
- Two Small Fish Ventures (https://capitalatlas.ai/funds/two-small-fish-ventures) — Seed, Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Seed, Series A, Series B
- Mirana Ventures (https://capitalatlas.ai/funds/mirana-ventures) — Seed, Series A, Series B
- dao5 (https://capitalatlas.ai/funds/dao5) — Seed, Series A
- SLVC (https://capitalatlas.ai/funds/slvc) — Seed
- WME Group, LLC — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Series A
- Alliance (https://capitalatlas.ai/funds/alliance) — Series A
- 11:11 Media — Series A
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Series A, Series B
- SparkLabs Global Ventures (https://capitalatlas.ai/funds/sparklabs-global-ventures) — Series B
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B