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      Otterspace's Logo

      Otterspace - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      October 13, 2022

      Financing amount

      $3.7M

      Valuation

      --

      Catagory

      NFTs

      Subcategory

      DAO

      About Otterspace - Seed

      NFT startup Otterspace has raised $3.7 million to build a protocol and application that it hopes can reduce financialization in web3. The seed round was co-led by venture firms Cherry Crypto and Inflection, with Bessemer Venture Partners and Coinbase Ventures participating. Otterspace was valued at $20 million after the round closed in May.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundGermany201317--
      Fund----16contact@inflection.xyz
      FundUnited States of America191114businessplans@bvp.com
      FundUnited States of America2018288--

      Founders & Team

      Rahul Rumalla's Logo

      Rahul Rumalla

      Emily Furlong's Logo

      Emily Furlong

      Company Profile / Project Introduction

      Otterspace’s non-transferable badge protocol helps DAOs create better incentive systems, automate permissions and enable non-financialized governance.

      Otterspace's application allows decentralized entities to reward participation and assign roles through NFT badges, which are earned through a specific behavior. These can grant holders privileges such as increased sway on governance proposals, access to Telegram and Discord spaces, and even a form of a salary. 

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      *Fundraising Announcement: Click here