Futureverse develops an AI and metaverse technology stack and a suite of tools that blend Web2 accessibility with Web3 interoperability, including Pass (digital passport), DOT (Dynamic Object Transfer), Swappables and Wearables Engine, DOC (Dynamic Object Creator), and JEN (text-to-music). It has developed The Root Network, a Layer 1 optimized for seamless interoperability across the open metaverse, and maintains one of the largest digital collectible communities. Futureverse is extending its reach through partnerships and IP projects such as the Readyverse collaboration with Warner Bros. Discovery and a branded Reebok Impact AI fashion experience. The company is focused on growing its token ecosystem—ROOT, ASTO (AI protocol), and SYLO (communication/social graph protocol)—as a central part of its platform strategy. Recent strategic activity includes a proposed mutual investment with Animoca Brands involving an equity swap valued at US$5 million and a proposed Futureverse valuation of US$754 million. Future plans emphasize deploying Futureverse’s generative AI assets and interoperability tools across Animoca Brands’ portfolio to scale adoption and developer usage. Futureverse is a platform made up of 11 companies that span gaming studios, web3 payments, and blockchain tooling for brands and builders. The company defines the metaverse as a collection of interoperable applications built on user data and aims to make the underlying blockchain technology invisible to end users. Futureverse builds experiences where users typically don't need to know they are interacting with web3 or NFTs, exemplified by a FIFA Women's World Cup game that runs on blockchain without exposing that layer to players. Co-founders Aaron McDonald (CEO) and Shara Senderoff emphasize practical brand partnerships and client-focused products rather than foregrounding the tech. The company has pursued partnerships with FIFA and F1 to build branded digital platforms and fan experiences. Financially, Futureverse recently completed a $54 million Series A.

Total raised

$59M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2024