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Enterprise Applications Seed Founded 2019

POAP

POAP (Proof of Attendance Protocol) operates a cloud-based platform for minting and collecting digital mementos as NFTs on the blockchain, creating verifiable proofs of attendance at events and experiences. The protocol allows event organizers to mint POAPs that tell a story through words and images, drop them to collectors who shared a memory, and connect collectors to unlock experiences including group chats,…

📍 Denver, United States · Events Tech,

Funding snapshot

Last roundSeed
Amount$10M
Date8 December 2021
Total raised$10M
Team size29

About

POAP (Proof of Attendance Protocol) operates a cloud-based platform for minting and collecting digital mementos as NFTs on the blockchain, creating verifiable proofs of attendance at events and experiences. The protocol allows event organizers to mint POAPs that tell a story through words and images, drop them to collectors who shared a memory, and connect collectors to unlock experiences including group chats, discounts, and exclusive content. The POAP mobile app serves as a personal collection display, allowing users to carry their POAPs everywhere and remember their experiences. The platform has minted over 1 million POAPs through more than 10,000 issuers, and is used by major organizations including Adidas, Coinbase, Sotheby's, Porsche, Google Cloud, Tommy Hilfiger, Cisco, US Open, Budweiser, Red Bull, and Spotify to connect with communities and celebrate fans. POAP serves use cases spanning memories, celebrations, product launches, and conferences, positioning itself as the undisputed standard for collectible proofs of attendance. The company also provides developer documentation and APIs for building POAP integrations. Founded in 2019 and headquartered in Denver, Colorado, POAP has raised $10 million in a Seed round backed by Sapphire Ventures, Sound Ventures, TCG Ventures, Advancit Capital, Libertus Capital, 1kx, Collab+Currency, A.Capital Ventures, and Red Beard Ventures.

Business model

Events Tech > Attendee Engagement > Access Control > Attendance Badges > Crypto Based,

Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Collectibles > Badges

Institutional investors

Sapphire Ventures Sound Ventures TCG Ventures Advancit Capital Libertus Capital 1kx Collab+Currency A.Capital Ventures Red Beard Ventures Delphi 6MV Archetype Hanfield Venture Partners Delphi Ventures 359 Capital

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