# Merkle Manufactory, Inc.

> Developer of Farcaster, a decentralized social networking protocol.

## Why it is interesting

Ex-Coinbase team behind credibly-neutral social — a16z led a $30M seed (2022); Paradigm led $150M Series A (2024) at ~$1B with USV and Multicoin among participants.

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** crypto-web3, consumer
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Seed (Jul 2022): $30M led by a16z; First Round, USV, Multicoin among participants (The Block)
- Series A (May 2024): $150M led by Paradigm at ~$1B; a16z crypto participated (SiliconANGLE)
- Co-investors not in VCT directory: Paradigm, Standard Crypto, Haun Ventures

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/first-round
- https://venturecapitaltracker.com/fund/multicoin-capital
- https://venturecapitaltracker.com/fund/union-square-ventures

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

---
Source: https://venturecapitaltracker.com/startup/merkle-manufactory-inc