Ephemera (Series B)
Funding Details
Awarder
Inbox
Date Award
October 1, 2024
Vertical
Decentralized Messaging
Premoney Valuation
$300,000,000
Valuation
$300,000,000
Funding Amount
$20,000,000
Company Info
Traction
XMTP's public testnet with independent node operators has been live since February 2025, with a mainnet launch slated for later this year.
Founders
Shane Mac
Market
Crypto and Web3 Applications
Coinvestors
Union Square Ventures, a16z crypto, Lightspeed Faction, Coinbase Ventures, Offline Ventures, Sound Ventures, Distributed Global
Company Description

Ephemera is the core developer behind the decentralized messaging protocol XMTP, which allows secure, end-to-end encrypted messaging between identities, starting with wallet addresses. It is designed to plug into web and mobile applications, offering 'Signal-grade' encryption and native transaction capabilities.

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