# Worldcoin Startup profile on Capital Atlas: https://capitalatlas.ai/startups/worldcoin - Industry: Financial Services - Headquarters: San Francisco, US - Website: www.worldcoin.org - Total disclosed funding: $240M - Latest round: Series C (May 25, 2023) - Investors on record: 24 ## About Worldcoin, based in the US, focuses on empowering individuals through innovative identity verification and financial services within a blockchain framework, enhancing community engagement and privacy.Founded in 2019, Worldcoin is a company that specializes in identity verification and financial services using blockchain technology. The company is headquartered in San Francisco, US. The founders, Alex Blania and Max Novendstern, have brought their expertise to create a platform aimed at fostering financial inclusion. In May 2023, Worldcoin successfully raised USD 115 mn in a Series C funding round led by Blockchain Capital, with participation from several notable investors including Andreessen Horowitz and Bain Capital. This funding round marks the total amount raised by the company to USD 115 mn, valuing it at USD 2,126.14 mn.World offers a suite of products designed to empower individuals through the integration of identity verification, financial services, and community building within a blockchain framework. Central to their offerings is the World App, which provides users with easy access to a secure financial ecosystem built on an anonymous proof of human technology. This platform enables users to manage their finances, conduct wallet transactions, and engage in community interactions without compromising their privacy. Since the launch of their token on July 24, 2023, World has focused on markets across North and Central America, South America, Europe, Africa, Asia, and Oceania, catering to a diverse client base that includes individual users and communities keen on leveraging blockchain for financial inclusion and identity verification. The company actively promotes its services in regions such as the United States, Brazil, France, Nigeria, and India, among others, ensuring global reach and adaptability to various market needs.World generates revenue through transaction fees associated with wallet services and the usage of its World App. The pricing structure is established to facilitate smooth B2C transactions where users can access financial services without traditional banking constraints. Users may engage in activities such as wallet transactions and community interactions, contributing to the revenue model through nominal fees for these services. Additionally, the platform may support partnerships with businesses and organizations seeking to utilize its infrastructure for secure identity verification and financial transactions. While specific pricing plans for individual products or services have not been disclosed, the focus remains on creating a user-friendly experience that enables seamless financial operations and fosters a sustainable revenue stream through active user engagement.Worldcoin aims to expand its product offerings and enhance its platform capabilities following the recent Series C funding round, which raised USD 115 mn on May 25, 2023. The funding will support the development of new products and enhancements to the current platform. The company is targeting further expansion into global markets, specifically in the United States, Brazil, and India, to increase its user base and foster community engagement. With this funding, Worldcoin plans to advance its research and development efforts to better serve its clients and adapt to evolving market needs. ## Funding rounds - Series C, May 25, 2023, $115M — Menlo Ventures, Bain Capital, Spark Capital, GV, Andreessen Horowitz, Sound Ventures, Blockchain Capital, Salesforce Ventures, Distributed Global Ventures, Zoom Ventures - Series B, Mar 22, 2022, $100M — Khosla Ventures, Andreessen Horowitz, Gaingels - Series A, Jun 29, 2021, $25M — Andreessen Horowitz, Kinetic Capital, Three Arrows Capital, Digital Currency Group, 1Confirmation, Multicoin Capital, Day One Ventures, Blockchange Ventures, Fifty Years, Coinbase Ventures, Hashed Ventures, Hypersphere Ventures, CoinFund Management ## Investors - Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C - Kinetic Capital — Series A - Three Arrows Capital — Series A - Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Series A - 1Confirmation (https://capitalatlas.ai/funds/1confirmation) — Series A - Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A - Day One Ventures (https://capitalatlas.ai/funds/day-one-ventures) — Series A - Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Series A - Fifty Years (https://capitalatlas.ai/funds/fifty-years) — Series A - Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A - Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A - Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Series A - CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A - Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series B - Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B - Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series C - Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series C - Spark Capital — Series C - GV (https://capitalatlas.ai/funds/gv) — Series C - Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series C - Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series C - Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series C - Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Series C - Zoom Ventures (https://capitalatlas.ai/funds/zoom-ventures) — Series C