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Towns Protocol - Series B
Overview
Funding Date
April 11, 2025
Financing amount
$10M
Valuation
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Category
Subcategory
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About Towns Protocol - Series B
Towns Protocol, a blockchain communication platform, has successfully completed a $10 million Series B financing round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 163 | [email protected] | ||
| Fund | United States of America | 2018 | 367 | -- | ||
| Fund | United States of America | 1995 | 6 | [email protected] |
Company Profile / Project Introduction
Towns Protocol is a protocol for building decentralized real-time messaging apps. It consists of an EVM-compatible L2 chain, decentralized off-chain stream nodes, and smart contracts that are deployed on Base. Towns Protocol allows people to create programmable communication use cases, referred to as "Spaces," in a permissionless manner. These Spaces are ownable, feature on-chain subscriptions ("Memberships"), extendable reputation system, and end-to-end message encryption.