Farcaster - About the company
Farcaster is an acquired company based in Los Angeles (United States), founded in 2020 by Dan Romero and Varun Srinivasan. It operates as a Decentralized white-label social platform provider. Farcaster has raised $180M in funding from Andreessen Horowitz and Paradigm, with last known valuation of $*****. The company has 327 active competitors, including 61 funded and 12 that have exited. Its top competitors include companies like Paxos, BTSE and Merkle Manufactory.
Company Details
Decentralized white-label social platform provider. It allows users to create and customize their communities.
- Website
- farcaster.xyz
- Social
Key Metrics
Founded Year
2020
Location
Los Angeles, United States
Stage
Acquired
Total Funding
$180M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 21, 2024
Investors
Ranked
3rd among 327 active competitors
Investment & Acquisitions
Exit Details
Acquired by Neynar (Jan 21, 2026)
Farcaster's acquisition details
Farcaster got acquired by Neynar on Jan 21, 2026.
Click here to take a look at Farcaster's acquisition in detail
Sign up to download Farcaster's company profile
Farcaster's funding and investors
Farcaster has raised a total funding of $180M over 2 rounds. Its first funding round was on Jul 12, 2022. Its latest funding round was a Series A round on May 21, 2024 for $*****. 6 investors participated in its latest round. Farcaster has 29 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Farcaster:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 21, 2024 | 9109179 | Series A | 6667869 | 8549662 | 3508502 | 9836823 |
Jul 12, 2022 | 8404822 | Seed | 6585453 | 4504618 |
Access funding benchmarks and valuations. Sign up today!View details of Farcaster's funding rounds and investors
Farcaster's founders and board of directors
Founder? Claim ProfileThe founders of Farcaster are Dan Romero and Varun Srinivasan.
Here are the details of Farcaster's key team members:
- Dan Romero: Co-Founder of Farcaster. They are also an angel investor in 17 startups.
- Varun Srinivasan: Co-Founder of Farcaster and founder of 1 other company. They serve on the board of 1 company.
View details of Farcaster's Founder profiles and Board Members
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Farcaster's Competitors and alternates
Top competitors of Farcaster include Paxos, BTSE and Merkle Manufactory. Here is the list of Top 10 competitors of Farcaster, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Paxos 2012, New York City (United States), Series D | Provider of blockchain infrastructure and regulated stablecoin solutions for enterprises | $535M | 78/100 | |
2nd |  BTSE 2018, San Jose (Costa Rica), Series A | Cryptocurrencies exchange platform | $22M | - | 67/100 |
3rd |  Farcaster 2020, Los Angeles (United States), Acquired | Decentralized white-label social platform provider | $180M | 65/100 | |
4th |  Merkle Manufactory 2021, Los Angeles (United States), Series D | Developer of app studio for social platforms | $169M | 60/100 | |
5th | Fordefi 2021, New York City (United States), Acquired | MPC wallet platform and web3 gateway solution | $28M | 59/100 | |
6th | Provider of AI-based web3 social platform and infrastructure solutions | $14M | 57/100 | ||
7th | ParFin 2019, London (United Kingdom), Series A | Developer of infrastructure for managing digital assets and stablecoins | $31.5M | 57/100 | |
8th | Provider of stablecoin payment infrastructure, digital asset custody, and tokenization services | $12M | 56/100 | ||
9th | PARAMETA 2016, Seoul (South Korea), Series B | Web3 enabler offering white-label blockchain solutions | $20M | 55/100 | |
10th | Provider of infrastructure for institutions to trade, pay, send, and hold crypto | - | - | 53/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Farcaster's competitors? Click here to see the top ones
Farcaster's Investments and acquisitions
Farcaster has acquired Clanker. Farcaster has not made any investments as of now.Reports related to Farcaster
Here is the latest report on Farcaster's sector:
News related to Farcaster
Filter this listMedia has covered Farcaster for a total of 6 events in the last 1 year, 2 of them have been about company updates.
•
•
Neynar Acquires Social Protocol Farcaster; Founders Join Stablecoin Startup TempoCoin Spectator•Feb 10, 2026•Neynar, Farcaster, Tempo
•
•
Neynar Acquires Farcaster as Original Team Steps BackThe Crypto Times•Jan 22, 2026•Neynar, Farcaster
•
•
•
Farcaster raised $150 million in a Series A funding round led by ParadigmMedium•Oct 11, 2024•Farcaster, a16zcrypto, Paradigm, Haun Ventures and 2 others
•
Farcaster Raises $150m For Its Ethereum-based Social Networkroyalsblue.com•Sep 12, 2024•Farcaster, Paradigm, Haun Ventures, Andreessen Horowitz and 2 others
•
Ethereum-Based Farcaster Poised to Launch Its Own Token After $150M Funding BoostBitcoin Ethereum News•Jun 17, 2024•Farcaster, Paradigm, Haun Ventures
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Farcaster
Explore our recently published companies
- Dziadek do orzechow - Poland based, 2017 founded, Unfunded company
- Mary Louis - San Francisco based, Unfunded company
- Elaneha - Rolle based, 2008 founded, Unfunded company
- Sanwa Shinsei - Shizuoka based, 1975 founded, Unfunded company
- Never Jobless - Noida based, 2023 founded, Unfunded company
- REM DESIGN - Greece based, 2012 founded, Unfunded company
