OB1

Closed

United States · Founded 2014 · $9.0M raised

Employees
1–10
Founded
2014
Business Model
Marketplace
Website
ob1.io
Total Funding
$9.0M
Last Round
$5.0M Series AMar 2018
Rounds
3

About

OB1 was the for-profit company behind OpenBazaar, an open-source, fully decentralized peer-to-peer marketplace with no central gatekeeper controlling participants, listed goods, pricing, or fees. The platform operated as a peer-to-peer network using bitcoin as its payment mechanism, letting merchants and buyers trade directly without a centralized authority like Amazon or eBay. OB1 raised funding from Andreessen Horowitz and Union Square Ventures to build OpenBazaar into a marketplace suitable for mainstream adoption, before OB1 ceased operations and shut down OpenBazaar's servers in January 2021.

Summary

OB1 is a Crypto & Web3 company based in United States, founded in 2014. It has raised $9.0M in total across 3 rounds, most recently a $5.0M Series A round in Mar 2018. Investors include OMERS Ventures, Union Square Ventures and Andreessen Horowitz.

Tech & App Stack

1 technologies & apps tracked

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Funding History

Series ASeries AMar 2018
$5.0M

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Investors

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