DeSO
The first & only layer-1 blockchain purpose-built for decentralized social
Los Altos · Founded 2021 · $200.0M raised
- Headquarters
- Los Altos
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2C
- Website
- deso.org
- Total Funding
- $200.0M
- Last Round
- $200.0M Series ASep 2021
- Rounds
- 1
About
DeSo (Decentralized Social) is a purpose-built layer-1 blockchain designed to power and scale decentralized social media applications. Unlike general-purpose blockchains, DeSo optimizes for storage-heavy use cases — enabling social graphs, posts, follows, and creator monetization to be stored on-chain at low cost. The DeSo blockchain supports a growing ecosystem of decentralized social apps, including Focus, a crypto-native social network that blends creator monetization with social media. DeSo was founded in 2021 by Nader Al-Naji (formerly known as 'Diamondhands') and is backed by investors including Sequoia Capital, Andreessen Horowitz, Coinbase Ventures, Pantera Capital, and Polychain Capital, with a $200M treasury supporting ecosystem development.
Summary
DeSO is a Crypto & Web3 company based in Los Altos, founded in 2021. It has raised $200.0M in total across 1 round, most recently a $200.0M Series A round in Sep 2021. Investors include Andreessen Horowitz, Pantera Capital and Polychain Capital.
Tech & App Stack
6 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Sep 2021
Investors
Similar Companies
Blockchain software company that developed the EOS.IO protocol, raising $4B+ in a record-breaking...

Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...

ByteDance is a Chinese technology company that utilizes AI to distribute content based on users' ...
Operator of renewable-powered data centers offering AI cloud, GPU compute, and Bitcoin mining inf...

FTX provides field service management and asset management solutions.

Twitter is an online social networking service and microblogging service that enables its users t...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/deso"><img src="https://indexed.vc/api/badge/company/deso" alt="DeSO on Indexed.vc" width="260" height="76" /></a>

