ResearchHub
ResearchHub is a technology company.
Financial History
ResearchHub has raised $5.0M across 1 funding round.
Frequently Asked Questions
How much funding has ResearchHub raised?
ResearchHub has raised $5.0M in total across 1 funding round.
ResearchHub is a technology company.
ResearchHub has raised $5.0M across 1 funding round.
ResearchHub has raised $5.0M in total across 1 funding round.
ResearchHub has raised $5.0M in total across 1 funding round.
ResearchHub's investors include AIX Ventures, Alt Capital, Andreessen Horowitz, Audrey Capital, Bloomberg Beta, C2 Investment, CRV, Decibel Partners, Flex Capital, Madrona Ventures, S28 Capital, Saga.
ResearchHub is a technology platform that builds a decentralized ecosystem for scientific research, enabling open funding, publication, peer review, and collaboration. It serves researchers, institutions, philanthropists, and donors by addressing systemic issues like poor incentives, reproducibility crises, and inefficient funding through blockchain-powered tools like ResearchCoin (RSC), where users earn tokens for contributions such as publishing, reviewing, and criticizing work.[1][2][3] The platform solves key problems in academia—such as academic stagnation, opaque resource allocation, and slow iteration—by mimicking open-source software models like GitHub, fostering transparency, direct crowdfunding, and rewarded open science to accelerate discoveries.[1][2]
Growth momentum includes adoption by thousands of researchers from leading universities, live ResearchCoin integration for decentralized incentives, and features like pre-registration, progress updates, and tax-deductible donations, positioning it as a hub for a "new economy for science."[1][2][3]
ResearchHub originated from a February 25, 2019, blog post by Brian Armstrong, Coinbase co-founder and CEO, who outlined five major challenges in science, including academic stagnation and reproducibility issues, inspired by open-source software principles.[1] Armstrong envisioned accelerating scientific progress through transparency, collaboration, and faster iteration, leading to the creation of ResearchHub as a GitHub-like platform with academic rigor.[1]
The platform evolved through the ResearchHub Foundation and Researchhub Technologies, Inc., a partnership of "skeptical yet optimistic" individuals using blockchain to fix broken incentives in funding and publishing.[1][3] Key milestones over five years include efficient funding access, pre-registration for transparency, and tokenized rewards via ResearchCoin, with early traction from world-class researchers and institutions.[1][2]
ResearchHub rides the wave of decentralized science (DeSci) and blockchain's application to academia, merging Web3 incentives with open-source collaboration to fix science's "incentive misalignment."[1][3] Timing aligns with rising critiques of traditional publishing (e.g., paywalls, slow peer review) and crypto's maturity post-2019, enabling tokenized economies like ResearchCoin for co-ownership.[2][3]
Market forces favoring it include the reproducibility crisis, demand for transparent funding amid stagnant grants, and growth in philanthropic tech donations; it influences the ecosystem by onboarding institutions to DeSci, potentially standardizing open, rewarded research models.[1][2] As a pioneer, it challenges incumbents like arXiv or PubMed by adding economic layers, fostering faster breakthroughs in fields like biotech and AI.[4]
ResearchHub is poised to scale its decentralized scientific economy, with plans for advanced peer review, refined funding, and expanded reputation systems over the next five years, aiming for an "open-source future for science."[1] Trends like AI-driven research acceleration, broader DeSci adoption, and regulatory clarity for science tokens will shape its path, potentially growing RSC utility and institutional partnerships.
Its influence may evolve from niche disruptor to ecosystem backbone, amplifying Brian Armstrong's vision by making collaboration the default—ultimately shrinking the gap between discovery and real-world impact in a more efficient research landscape.[1]
ResearchHub has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in June 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2023 | $5.0M Seed | AIX Ventures, Alt Capital, Andreessen Horowitz, Audrey Capital, Bloomberg Beta, C2 Investment, CRV, Decibel Partners, Flex Capital, Madrona Ventures, S28 Capital, Saga, Sherpalo Ventures, The Hit Forge, Y Combinator, Akshay Kothari, Ben Silbermann, Biz Stone, Christian Bach, Girish Mathrubootham, Guillermo Rauch, Jeff Hammerbacher, Spencer Kimball |