When was LOFI founded?

LOFI was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Is LOFI a funded company?

LOFI is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on Sep 03, 2022.

When was the latest funding round of LOFI?

LOFI's latest funding was a $***** ICO round on Sep 03, 2022, with participation from 0 investor.

Where does LOFI rank among its competitors?

LOFI ranks 41st amongst 213 active competitors, of which 40 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tomo, which secured $3.5M in Apr, 2024.

Who are the top competitors of LOFI?

LOFI's top competitors include IndiGG, Vault and Roll. Among them, Tomo secured the most recent funding round in April, 2024.

LOFI - 2026 Company Profile, Funding & Competitors

LOFI is a funded company, founded in 2021. It operates as an App-based platform for watch-to-earn social entertainment platform. LOFI has raised an undisclosed amount in funding. The company has 213 active competitors, including 40 funded and 6 that have exited. Its top competitors include companies like IndiGG, Vault and Roll.

Company Details

Website: lofi.buzz
Social

Key Metrics

Founded Year

2021

Stage

Funding Raised

Latest Funding Round

ICO, Sep 03, 2022, $*****

Ranked

41^st among 213 active competitors

Similar Companies

IndiGG & 283 more

View LOFI's full profile

LOFI has raised funding over 1 round.

Here is the list of recent funding rounds of LOFI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2022	1837733	ICO	1035022	5368084	5435111	1577181

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Top competitors of LOFI include IndiGG, Vault and Roll. Here is the list of Top 10 competitors of LOFI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IndiGG 2021, Bengaluru (India), Acquired	Online community-based gaming platform	$6M	Animoca Brands, Lightspeed Venture Partners ... & 22 others	49/100
2nd	Vault 2021, Mamaroneck (United States), Acquired	Blockchain-based platform offering fan engagement solutions	$13M	Placeholder, Bullpen Capital & 3 others	48/100
3rd	Roll 2017, New York City (United States), Series A	Blockchain-based monetization solutions for content creators	$12.7M	IOSG Ventures, Techstars & 20 others	45/100
4th	GigaStar 2022, Chicago (United States), Seed	Online platform for creators to create and sell content as collectible NFTs to their fans	$7.8M	Metropolitan Capital Bank & Trust, DV Chain ... & 3 others	45/100
5th	xPortal 2023, Sibiu (Romania), Unfunded	Cryptocurrency digital wallet and financial services platform	-	-	43/100
6th	Pop Social 2022, New York City (United States), Seed	Social networking platform for web3 users	$4M	Fundamental Labs, proMatrix Capital & 5 others	43/100
7th	Hyype 2021, Nashville (United States), Seed	Online social platform for NFT communities	$3.5M	Elevation Capital, Electric Capital & 6 others	42/100
8th	Afterparty 2002, Los Angeles (United States), Series B	NFT-based trading platform for events and parties	$12M	Blockchange, TenOneTen & 26 others	42/100
9th	Tomo Los Angeles (United States), Seed	Web3 social network platform for creators and supporters	$3.5M	Polychain, Story Protocol & 6 others	41/100
10th	Bubblehouse 2002, New York City (United States), Series A	NFT-based social platform for sharing photos and videos	$13M	Kima Ventures, CASSIUS & 6 others	40/100
41st	LOFI 2021, Funding Raised	App-based platform for watch-to-earn social entertainment platform	-	-	30/100