NEW!SaaS Companies That Got Funded in 2022! Read More

Funding

Enterprise tech DAOLens Bags $5 Mn To Build SaaS Tools For DAOs

1 Mins read

Nexus Venture Partners, Better Ventures, and iSeed II led the round with participation from 40+ angel investors.

The startup is building tools for Web3 adoption – right from helping individuals find relevant DAOs, to DAOs managing operations or Web2 companies taking operations to Web3.

It plans to use the funds for product development and team expansion.

DAOs or decentralized autonomous organizations are the ultimate standards of what Web3 is trying to achieve – transparent, member-controlled communities beyond the influence of a government or leadership. Founded by Web3 enthusiasts and IIT Guwahati batchmates Vikram Aditya and Apoorv Nandan, DAOLens identified that the tools to build or join such a community were scarce. Thus, it decided to launch Web3-specific SaaS tools to aid the DAOs in January 2022.

As DAOLens started to build its initial momentum, the Bengaluru-based startup has announced that it has raised $5 Mn in a pre-seed round led by Nexus Venture Partners, Better Ventures, and iSeed II.

4 posts

About author
Excellent exposure to managing various aspects of Core Marketing like Brand Management, Activations, 360-degree marketing solutions, Event Management, Promotions & Strategic Marketing Substantial exposure to lead, motivate and control teams to implement set objectives.
Articles
Related posts
Funding

GetVantage raises US$ 36 Million to expand its Revenue-Based Financing and Growth Platform to thousands of entrepreneurs.

6 Mins read
GetVantage, India’s market-leading revenue-based financing fintech & growth platform for SMEs has raised a US$ 36 million growth round led by Varanium…
Funding

SaaS startup Sourcewiz raises Rs 20 Cr from Matrix Partners India

1 Mins read
SaaS startup Sourcewiz will use the capital to increase its team size and expand to 10 more manufacturing hubs, including Karur, Jodhpur,…
Funding

Smart Retail channel startup NutriTap raises Rs 4 Cr lease finance from Grip Invest.

2 Mins read
Retail tech start-up NutriTap Technologies has announced that it has signed up with Grip Invest for a leased financing deal of INR…
  1. SaaSDekho is India's leading media organization.

Sync with a focus on SaaS Products, Service Firms and Entrepreneurs - the change makers.

Leave a Reply

Your email address will not be published.