Web3 App Building Platform thirdweb Raises $5 Million

By Amit Chowdhry • Dec 24, 2021
  • thirdweb recently announced it raised $5 million. These are the details.

Steven Bartlett — the founder of Social Chain (with a market valuation of over $600 million), and the youngest investor on BBC’s “Dragons’ Den” TV show, along with Furqan Rydhan, founding CTO of Bebo and AppLovin (valuation, $42B), recently launched thirdweb – a groundbreaking new technology platform for building NFT and Web3 apps. With thirdweb, launching a Web3 project is as simple as an e-commerce store on Shopify.

And thirdweb makes it easy to build Web3 apps including blockchain games, NFT platforms, DAOs, and creator projects. It equips creators, artists, developers, game studios, and entrepreneurs with an intuitive suite of tools to seamlessly add features to Web 3 projects including NFTs, social tokens & currencies, marketplaces (for buying and selling tokens), and NFT lootboxes & drops- in a matter of clicks.

At offices in London, New York, and San Francisco, thirdweb has just closed a $5 million round of funding from a pool of high-profile business leaders, entrepreneurs, and A-List creators including serial entrepreneur and prolific angel investor Gary Vaynerchuk, Ryan Hoover, founder of Product Hunt, Shaan Puri, an investor in Deel & Bolt, Imran Khan & Qiao Wang – founders of DeFi Alliance, Soona Amhaz, founder of Volt Capital, Greg Isenberg co-founder & CEO of Late Checkout and advisor to Reddit, Packy Mccormick founder of Not Boring, and Christian Angermayer, founder of Atai Life Sciences and Apeiron Investment Group. More than 1,000 developers are using thirdweb in the early access stages, whilst major brands including Nike, Disney, Bumble and Meta have stated their intentions to build products for the metaverse, Web3, and NFT spaces.

KEY QUOTE:

“Web3 is not just the future, it’s also the present. We’re currently witnessing one of the greatest technological shifts of our lifetime; it’s happening before our eyes and it’s going to touch every major industry and everyone’s life. We built thirdweb to allow entrepreneurs, developers, brands and creators to unlock the potential of this 3rd iteration of the internet in the easiest way possible – without having to learn a brand new coding language and without needing to hire a completely new team. In the same way that Stripe made payments easy for builders and creators, thirdweb makes Web3 easy, unintimidating and accessible.”

— Steven Bartlett