Startup profile for Here Not There, Inc.: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Here Not There, Inc. funding, valuation and investors

Corporate parent of Towns protocol (Here Not There Labs) — decentralized community messaging.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$10M · 2025

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$36M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series b

Investors in latest funding

Other: Benchmark

Sources: latest funding Last verified: 2026-07-25

Overview

Here Not There, Inc. is the corporate entity behind Towns and Here Not There Labs — the decentralized community messaging protocol backed by a16z crypto and Benchmark.

Why Here Not There, Inc. is interesting

Same cap table as Here Not There Labs; a16z crypto led $25M Series A for Towns.

Product & use cases

Here Not There, Inc. is the corporate entity behind Towns — a decentralized, E2E-encrypted group-chat protocol for online communities with on-chain governance.

  • Decentralized community messaging
  • Encrypted group chat for crypto-native communities
  • On-chain governance via Towns DAO

Key facts

  • Series A (2023): $25.5M led by a16z crypto; Benchmark participated — CoinDesk
  • Corporate parent of Towns protocol / Here Not There Labs product entity

Funding history (newest first)

Series B

2025 $10M

Source: https://www.cbinsights.com/research/towns-funding

Series A

2023 $25.5M

Source: https://www.coindesk.com/tech/2023/towns-raises-25m/

Investors in our directory

Funds linked from Here Not There, Inc.'s profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Benchmark

Competitive landscape

Edge: Founded by Ben Rubin (Houseparty/Meerkat) — encrypted, user-governed chat for communities facing moderation tradeoffs.

Community platforms face moderation and portability tradeoffs. Towns bets encrypted, user-governed chat serves crypto-native communities — adoption still early.

  • Discord incumbent

    Centralized community chat; Towns decentralized alternative.

  • Telegram adjacent

    Encrypted messaging; not on-chain governed.

  • Farcaster adjacent

    Decentralized social; different product shape than group chat.

Notable stories

  • Ben Rubin previously founded Houseparty and Meerkat (CoinDesk, 2023).
  • Governance transitioning to Towns DAO per company roadmap.

Industries

Crypto & Web3

Related funding articles

Venture Capital Tracker pieces that cover Here Not There, Inc.'s financing or category context.

FAQs about Here Not There, Inc.

Practical answers founders, operators, and investors typically search for.

Corporate entity for Towns — decentralized encrypted group-chat protocol for online communities.
Same cap table as Here Not There Labs: a16z (/fund/andreessen-horowitz) and Benchmark (/fund/benchmark).
Inc is corporate parent; Labs is product-building entity — same Towns project.
Decentralized E2E-encrypted group messaging with on-chain governance via Towns DAO.
Ben Rubin (Houseparty/Meerkat founder).
Towns is decentralized and encrypted; Discord is centralized with platform moderation.
$25.5M Series A (2023) and $10M Series B (2025).
No — remains private.
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By Venture Capital Tracker

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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.