Blockchain Discovery Engine Company Thirdwave Raises $7 Million

By Annie Baker ● Sep 29, 2022
  • Thirdwave recently announced it raised $7 million in funding. These are the details.

Thirdwave recently announced it raised $7 million in funding. 

Funding amount: $7 million

Funding round: Seed

Investors: Led by Framework Ventures. And the round was also supported by other leading investors including Animoca Brands, Play Ventures, Shima Capital, Hustle Fund, and Oceans Ventures.

What the funding will be used for: Thirdwave will use this new seed funding for building out key elements of their discovery engine. And this includes scaling and data features, which will further shape the level of insights customers have access to providing more sophisticated on-chain analytics, deep community, and data web integrations, benchmarking tools, and project-specific dashboards.

What Thirdwave does: Thirdwave focuses on providing business data and insights and enabling game developers to better understand, find, and retain customers. And the Thirdwave product exists at the intersection of community, social, and on-chain data, giving web3 teams the first three-dimensional view into their customer analytics.

Founders: Co-founders Peter Jonas and Matt Lorenzen

KEY QUOTES:

“We believe this wave of innovation represents one of the greatest opportunities in the history of gaming. Blockchain offers game developers and players shared ownership and as a result true alignment for the first time. Despite this incredible opportunity in front of the industry much of the infrastructure needed for developers to be successful has yet to be built – this is where Thirdwave comes in.”

— Thirdwave’s Co-Founder, Peter Jonas

“Today’s web3 developers don’t have access to meaningful customer data insights, which in turn creates major inefficiencies in the building process” said Michael Anderson, co-founder of Framework Ventures. “With their past experience building and scaling data discovery engines for consumer giants like Facebook, we think Thirdwave is positioned to give web3 projects, especially in the gamefi space, the ability to truly understand their users.”

— Michael Anderson, Partner and the Co–Founder at Framework Ventures