Total amount raised
$244 Million
Latest funding date
5/1/2023
Location
World has successfully raised funding through a single round, attracting investments from notable venture capital firms such as Bain Capital Crypto and Andreessen Horowitz. The platform offers a unique blend of services, including World ID, World App, and World Chain, aimed at providing universal proof of human identity and secure digital asset management.
Keep reading to explore the intricacies of World’s fundraising journey and the investors backing this innovative platform.
What Is World?
World is a private company based in San Francisco, California, specializing in blockchain, cryptocurrency, finance, FinTech, internet, and privacy. The company employs between 101 and 250 people.
World aims to connect users through a privacy-focused network, offering secure digital asset management. The platform provides universal proof of human identity, finance, and connection, ensuring secure access to services exclusively for humans.
How Much Funding Has World Raised?
- Amount Raised: USD 135,000,000
- Date: May 2025
- Lead Investors: Andreessen Horowitz, Bain Capital Crypto
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop their privacy-focused network and secure digital asset management solutions.
- Amount Raised: USD 115,000,000
- Date: May 2023
- Lead Investors: Blockchain Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the development and distribution of Worldcoin, a cryptocurrency project that aims to distribute tokens to individuals by confirming their identity through iris scans.
Total Amount Raised: USD 250,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Andreessen Horowitz
- Details: Andreessen Horowitz is a prominent venture capital firm based in Silicon Valley. It has a reputation for backing innovative technology companies.
- Investment Focus Areas: Technology, cryptocurrency, FinTech
- Notable Investments: Facebook, Airbnb, Coinbase
- Bain Capital Crypto
- Details: Bain Capital Crypto is the cryptocurrency-focused arm of Bain Capital, a global private investment firm. It invests in blockchain and digital asset projects.
- Investment Focus Areas: Cryptocurrency, blockchain technology, digital assets
- Notable Investments: Not publicly disclosed
- Blockchain Capital
- Details: Blockchain Capital is a venture capital firm that specializes in blockchain technology and cryptocurrency investments. It has been a key player in the blockchain ecosystem.
- Investment Focus Areas: Blockchain technology, cryptocurrency, financial technology
- Notable Investments: Coinbase, Ripple, Kraken
- a16z crypto
- Details: a16z crypto is the cryptocurrency arm of Andreessen Horowitz. It focuses on investing in blockchain and crypto-related ventures.
- Investment Focus Areas: Cryptocurrency, blockchain, decentralized finance
- Notable Investments: Dapper Labs, Uniswap, Compound
- Distributed Global
- Details: Distributed Global is an investment firm that focuses on digital assets and blockchain technology. It aims to support the growth of the decentralized economy.
- Investment Focus Areas: Digital assets, blockchain technology, decentralized applications
- Notable Investments: Not publicly disclosed
What's Next for World?
World is poised to capitalize on the burgeoning interest in digital assets and biometric verification. With $115 million raised in its latest funding round, the company is well-positioned to expand its operations and enhance its technology. The opportunity to distribute unique crypto tokens globally, verified through iris scans, presents a significant growth avenue.
Future fundraising efforts are likely as the project gains traction and addresses privacy concerns. The involvement of major investors like Blockchain Capital and a16z crypto signals strong confidence in World’s potential. However, the company must navigate privacy issues and regulatory hurdles, especially in regions where the token is not available.
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