Futureverse
Futureverse was a Web3 infrastructure company created from the merger of eight companies (Altered State Machine, Sylo, Centrapay, and others) to build an open metaverse ecosystem. It developed The Root Network, a blockchain optimized for user experience, along with vertically integrated tools for AI, identity, communications, and payments. Receivers were appointed on 30 September 2025 after secured lender 50T Holdings called in its security; the business and assets were sold to 50T for US$4.35 million under a 13 November 2025 agreement, and creditors voted on 16 December 2025 to place the company in liquidation.
Acquired
Futureverse 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
2022
Employees
300+
Total Funding
$54M
1 rounds
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
2 signalsSold in insolvency fire sale for $4.35M after receivership; unsecured creditors expected to recover nothing.
Equity wiped out; secured lender took control via receivership — no secondary value remains.
Secured lender 50T Holdings bought Futureverse's assets in an insolvency fire sale for US$4.35M
Prior equity/valuation mark voided; asset base now held by former lender at distressed price
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $54M across 1 rounds
Last updated 10-06-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jul 18, 2023 | Series A Press release | $54M | — | 10T Holdings |
Prominent Investors
Leadership
Aaron McDonald
Co-Founder & CEO
Shara Senderoff
Co-Founder
Marco Brondani
Co-Founder
Daniel Gillespie
Co-Founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
The Sandbox
Blockchain-based metaverse platform with creator and gaming focus
Decentraland
Virtual world and metaverse platform built on Ethereum
Roblox
User-generated content metaverse platform
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