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      Root Protocol(Formerly NFT3)'s Logo

      Root Protocol(Formerly NFT3) - Extended Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      January 19, 2024

      Financing amount

      $2.5M

      Valuation

      $100M

      Catagory

      Web3

      Subcategory

      Identity

      About Root Protocol(Formerly NFT3) - Extended Seed

      Root Protocol, a digital identity service aiming to unify access to Web3 platforms, has raised $10 million across two seed rounds. The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors, including Signum Capital, Ankr Network, CMS Holdings and angel investors Tekin Salimi and Meltem Demirors.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Corporate Hong Kong 2014 314 --
      Fund Singapore 2017 103 contact@signum.capital
      Corporate -- -- 1 --
      Fund United States of America 2019 152 info@cmsholdings.io
      Angel Investor -- -- 8 --
      Angel Investor United States of America -- 41 --

      Founders & Team

      Dylan Dewdney's Logo

      Dylan Dewdney

      Company Profile / Project Introduction

      Root(Formerly NFT3) is building an operating system with the composition of an intent centric aggregator of digital identity, virtual accounts, social graphs, and more to enable unified access to Web3. Root Protocol is building a Web3 operating system that will serve as a digital identity aggregator, becoming "a one-stop station for all things decentralized identity" to make accessing different Web3 platforms a more seamless process.

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      *Fundraising Announcement: Click here