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DEC - Seed
Overview
Funding Date
October 27, 2022
Financing amount
$9M
Valuation
--
Catagory
Subcategory
About DEC - Seed
Decentralized Engineering Corporation (DEC), a software development company, has raised $9 million to decentralize ridesharing. Foundation Capital and Road Capital co-led DEC's seed round. Other investors include 6th Man Ventures and Common Metal as well as prominent angel investors such as Uber’s former general manager for New York Josh Mohrer, founder of Flexport Ryan Petersen and former early Uber employee Ryan McKillen.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 1995 | 17 | info@foundationcapital.com | ||
| Fund | Spain | 2020 | 16 | -- | ||
| Fund | United States of America | 2019 | 67 | -- | ||
| Uncategorized | Unknown | -- | 3 | -- | ||
| Angel Investor | United States of America | -- | 1 | -- | ||
| Angel Investor | United States of America | -- | 3 | -- |
Founders & Team
Paul Bohm
Company Profile / Project Introduction
Decentralized Engineering Corporation (DEC) is a software development company. DEC has developed Trip, a new protocol built on the Solana blockchain that can be used for multiple mobility-based applications. The first application to use the network will be Teleport, a decentralized ride-sharing application built by DEC. The Trip network is open source. Key components of ridesharing services such as dispatch, payments, background checks and dispute resolution will be accessible to all network participants.