Unstoppable Domains, a platform for Web3 digital identity with more than 2.5 million registered NFT domains, closed a $65m Series A funding at a $1 billion valuation.
The round was led by new investor Pantera Capital with participation from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko, We3 syndicate, Rainfall Capital, Broadhaven, EI Ventures, Hardyaka, and Alt Tab Capital, along with previous investors Boost VC and Draper Associates.
The company intends to use the funds to accelerate product innovation and grow its partnerships in the web3 space.
Founded in 2018 and led by Matthew Gould, Founder and CEO, Unstoppable Domains offers NFT domains that give people full ownership and control of their digital identity. The company has registered 2.5 million domains, which people can use to log into more than 150 Web3 applications, replace lengthy crypto wallet addresses on more than 80 wallets and exchanges, create decentralized websites, and build their web3 identity. Unstoppable Domains has built more than 300 partnerships with leading web3 companies like Polygon, Blockchain.com, MoonPay and more. The company has generated more than $80 million in sales since launching in 2019.
Unstoppable Domains is a fully remote company.
FinSMEs
27/07/2022