Farcaster
Farcaster is a decentralized social network protocol built on Optimism (an Ethereum L2) that enables users to own their data and social graphs. Founded by former Coinbase executives Dan Romero and Varun Srinivasan, Farcaster operates through its parent company Merkle Manufactory and serves as a censorship-resistant alternative to traditional social media platforms.
Acquired
Farcaster has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2020
Total Funding
$180M
2 rounds
Latest Valuation
$1B
May 21, 2024
Funding
Total raised $180M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series A
Date
May 21, 2024
Amount
$150M
Valuation
$1B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 21, 2024 | Series A | $150M | $1B | Paradigm |
| July 2022 | Seed | $30M | — | a16z crypto |
Leadership
Dan Romero
Co-founder
Varun Srinivasan
Co-founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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