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Farcaster

Los Angeles, CA, USA Crypto/Web3 Acquired

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

Acquired by Neynar Jan 21, 2026

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

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $180M across 2 rounds

Last updated 06-25-2026

DateRoundAmount RaisedValuationLead Investors
May 21, 2024 Series A CoinDesk $150M $1B Paradigm
Jul 2022 Seed The Block $30M a16z crypto

Leadership

  • Dan Romero

    Co-founder

  • Varun Srinivasan

    Co-founder

    LinkedIn

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Lens Protocol

    Decentralized social media protocol built on Polygon enabling user-owned social graphs.

  • Bluesky

    Decentralized social network built on the AT Protocol offering user ownership and portability.

  • Nostr

    Open protocol for decentralized social networking and publishing.

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Data collected with AI, which can make mistakes. Please double-check this information.