Syndicate is a decentralized investing protocol and social network that's transforming how the world creates value.
Syndicate’s vision is to mesh a decentralized protocol with a social network, with the aim of “transforming how the world creates and shares value,” according to a press release.
Syndicate was founded in 2021 by Will Papper and Ian Lee. The company is headquartered in San Francisco, California.
Syndicate allows anyone to create a "web3 investment club" for on-chain and off-chain investments, including forming the legal entities for their clubs.
Syndicate's platform is beings used by several companies, including Komorebi, a platform investing in female and non-binary founders, Audacity, which invests in Black and African founders, Fiat Lux funding scientific research, and non-fungible token investment platform Delphi INFINFT.
Syndicate is currently working with dozens of new communities such as CityDAO, which democratizes access to land, in order to launch in the coming months as part of a private beta rollout.
Syndicate is backed by Andreessen Horowitz, Coinbase, IDEO CoLab Ventures, Electric Capital, OpenSea, CoinFund, Scalar Capital, Coinbase Ventures, Aave, Ashton Kutcher, Snoop Dogg, and others. The company raised $6M in new financing on May 03, 2022. This bring Syndicate's total funding to $27.8M to date.