# Syndicate

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.syndicate.io
- Total disclosed funding: $21M
- Latest round: Series A (Aug 31, 2021)
- Investors on record: 27

## About

Based in California, US, and founded in 2021 by co-founders Ian and Will Papper, Syndicate Inc. operates as a fintech company providing infrastructure for developers to build powerful web3 products. In August 2021, A16z, Ohanian, Snoop Dogg Back DAO-Builder Syndicate in USD 20 million in Series A. 

The company's services include cloud-managed wallets, gas management, and transaction handling, freeing developers from the intricacies of managing keys and transactions. Syndicate's Transaction Cloud API empowers developers to execute transactions at 100x scale, handling challenges such as nonce conflicts, gas spikes, reorgs, and dropped transactions. In addition, the firm provides programmable smart contract wallets for users to eliminate the need for users to manage keys, sign transactions, or pay for gas, providing a seamless and secure experience. Its modular smart contracts are designed to evolve and grow with products, avoiding costly migrations in the future.

## Funding rounds

- Series A, Aug 31, 2021, $20M — A Capital (Dupe), True Ventures, Andreessen Horowitz, Sound Ventures, Reddit, Inc., Product Hunt, Inc., Makena Capital Management, Table Management, Weekend Fund, Scalar Capital, Electric Capital, Coinbase Ventures, Protocol Labs, Inc., Thirty5 Ventures, Variant, IDEO CoLab Ventures, Aavenir Inc., Atelier Ventures, CoinFund Management, The Council, Archetype, Bill Ackman’s Table Management
- Seed, Mar 17, 2021, $1M — Delphi Ventures, Kleiner Perkins, Electric Capital, Robot Ventures, IDEO CoLab Ventures, Alliance, CoinFund Management, Nascent

## Investors

- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Seed, Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed, Series A
- Alliance (https://capitalatlas.ai/funds/alliance) — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed, Series A
- Nascent (https://capitalatlas.ai/funds/nascent) — Seed
- A Capital (Dupe) — Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Reddit, Inc. — Series A
- Product Hunt, Inc. — Series A
- Makena Capital Management (https://capitalatlas.ai/funds/makena-capital-management) — Series A
- Table Management — Series A
- Weekend Fund (https://capitalatlas.ai/funds/weekend-fund) — Series A
- Scalar Capital — Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Protocol Labs, Inc. — Series A
- Thirty5 Ventures (https://capitalatlas.ai/funds/thirty5-ventures) — Series A
- Variant (https://capitalatlas.ai/funds/variant) — Series A
- Aavenir Inc. — Series A
- Atelier Ventures (https://capitalatlas.ai/funds/atelier-ventures) — Series A
- The Council (https://capitalatlas.ai/funds/the-council) — Series A
- Archetype — Series A
- Bill Ackman’s Table Management — Series A