Syndicate Raises $1M for Crypto Investing Social Network

Backed by IDEO CoLab Ventures, Electric Capital, Delphi Digital, CoinFund, Kleiner Perkins, and more, Syndicate aims to democratize investing

Today, we are excited to announce our $1M seed round led by IDEO CoLab Ventures with participation from Electric Capital, Delphi Ventures, CoinFund, Robot Ventures, Kleiner Perkins, DeFi Alliance, Nascent, and 18 founders and angels (full list below).

Syndicate is co-founded by Will Papper (ex product manager at Proxy, Kleiner Perkins fellow, IDEO CoLab fellow) and Ian Lee (co-founder and investor at IDEO CoLab Ventures, ex Citi Ventures).

With the raise, we will be growing our engineering team (apply here). We have also opened a waitlist for investors and developers to join our closed beta (sign up here).

The Future of Investing

Crypto is decentralizing financial services—from money and payments, to exchange and derivatives, to lending and more—representing a $1+ quadrillion opportunity.

And yet, one of financial services' largest areas, investing and asset management—a $100+ trillion market—has yet to be turned into a protocol that decentralizes and democratizes this important function and capability. Doing so would have a profound impact on finance and the world—it would dramatically change what gets funded and built—by whom, for whom, and where. Doing so could level the playing field, empower more people to create and invest in new world-changing technologies, and enable new models for investing that are fundamentally more open, free, and fair.

In today’s world, more people need to become investors to participate in what is turning out to be the greatest technological and wealth transformation in history driven by new tech and crypto. That’s why it's imperative that we democratize investing globally together, now.

Join the Revolution

We are starting a movement to change investing for the better, for everyone. We will be sharing more details on Syndicate in a few weeks—until then we are working with dozens of teams to launch on Syndicate soon.

Investors

  • IDEO CoLab Ventures

  • Electric Capital

  • Delphi Digital

  • CoinFund

  • Robot Ventures

  • Kleiner Perkins

  • DeFi Alliance

  • Nascent

  • Adam Jackson (Braintrust, ex Doctor On Demand)

  • Alex Pack (Pack Capital, ex Dragonfly)

  • Alicia Lau (via Kleiner Perkins)

  • Anil Lulla (via Delphi Ventures)

  • Ash Egan (Accomplice)

  • Avichal Garg (via Electric Capital)

  • Brad Holden (Amazon)

  • Brandon Cook (Proxy)

  • Crypto Dog

  • Curtis Spencer (via Electric Capital)

  • Dan Elitzer (via Nascent)

  • David Nage (Arca, Base Layer)

  • DeFi Dad (Zapper, Yield TV)

  • Don Ho (Quantstamp, Pioneer Fund)

  • Eric Wu (Opendoor)

  • Evan Feng (via CoinFund)

  • Gavin McDermott (via IDEO CoLab Ventures)

  • Ian Lee (via IDEO CoLab Ventures, Syndicate)

  • Imran Khan (via DeFi Alliance, Volt Capital)

  • Jake Brukhman (via CoinFund)

  • Joe Gerber (via IDEO CoLab Ventures)

  • Jose Maria Macedo (via Delphi Ventures)

  • Justin Mart (Coinbase Ventures)

  • Ken Deeter (via Electric Capital)

  • Luke Saunders (via Delphi Ventures)

  • Maria Shen (via Electric Capital)

  • Medio Demarco (via Delphi Ventures)

  • Monica Desai Weiss (via Kleiner Perkins)

  • Niraj Pant (Polychain)

  • Qiao Wang (via DeFi Alliance)

  • RAC ($RAC, Six)

  • Reuben Bramanathan (via IDEO CoLab Ventures)

  • Robert Leshner (via Robot Ventures, Compound)

  • Ryan Sean Adams (Bankless)

  • Scott Lewis (DeFi Pulse, Concourse, Slingshot)

  • Stani Kulechov (Aave, Variant)

  • Tara Tan (via IDEO CoLab Ventures)

  • Tarun Chitra (via Robot Ventures, Gauntlet)

  • Tegan Kline (The Graph, Edge & Node)

  • Tom Shaughnessy (via Delphi Ventures)

  • Trevor McFedries (Brud, Lil Miquela, $FWB)

  • Yan Liberman (via Delphi Ventures)