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
Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.
Sign up to view the funding chart
Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.
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...
Snap Inc. is the parent company of Snapchat, a multimedia messaging app.

Enterprise-grade digital asset infrastructure platform enabling fintechs, banks, and payment prov...

