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§ Private Profile · San Francisco, CA, USA
thirdweb is a company.
thirdweb provides a developer platform for building and managing decentralized applications on blockchain networks. It provides tools to create and deploy smart contracts, manage user wallets, and facilitate cross-chain token operations. Supporting EVM-compatible chains and Solana, the platform includes features for token creation, native payments, and blockchain data access. It also integrates infrastructure and AI tools, streamlining web3 development.
Co-founded in 2020 by Furqan Rydhan, a serial entrepreneur and Bebo co-founder, and investor Steven Bartlett, thirdweb addresses the complexities of blockchain development. Their collective insight aimed to simplify web3 tool access. The platform abstracts technical barriers, enabling a wider developer base to build decentralized applications more effectively.
thirdweb targets developers building web3 applications across sectors like gaming, creator platforms, and DeFi. Its vision is to enable future internet products where users and AI autonomously transact. The company makes web3 development accessible and scalable, fostering efficient, decentralized experiences driving autonomous internet economies.
thirdweb has raised $34.0M across 3 funding rounds.
Key people at thirdweb.
thirdweb was founded in 2021 by Furqan Rydhan (Founder) and Steven Bartlett (Co-Founder).
thirdweb has raised $34.0M in total across 3 funding rounds.
thirdweb was founded in 2021 by Furqan Rydhan (Founder) and Steven Bartlett (Co-Founder).
thirdweb has raised $34.0M in total across 3 funding rounds.
thirdweb's investors include Katie Haun, Joseph Lacob, Coinbase Ventures, Polygon, Shopify, Christian Angermayer, Gary Vaynerchuk, Greg Isenberg, Imran Khan, Mark Cuban, Packy McCormick, Qiao Wang.
Key people at thirdweb.
thirdweb has raised $34.0M across 3 funding rounds. Most recently, it raised $24.0M Series A in August 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 10, 2022 | PAPER | $7.3M Seed | Electric Capital, Initialized Capital | FalconX, Long Journey Ventures, Night Capital, Polygon Labs |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 24, 2022 | $24M Series A | Katie Haun | Joseph Lacob, Coinbase Ventures, Polygon Labs, Shopify | Announced |
| Dec 13, 2021 | $5M Venture Round | — | Christian Angermayer, Gary Vaynerchuk, Greg Isenberg, Imran Khan, Mark Cuban, Packy Mccormick, Qiao Wang, Ryan Hoover, Shaan Puri, Soona Amhaz | Announced |
| Dec 1, 2021 | $5M Seed | — | Craft Ventures, Ethereal Ventures, Founders Fund, Night Capital, Point72 Ventures, Presight Capital, Queensbridge Venture Partners, Spark Capital, Stellar Capital, Thirty Five Ventures, Vayner RSE, Breon Corcoran, Catherine Wood, Justin Mateen, Mark Pincus, Matthew Dellavedova, Mitch Garber, Odell Beckham JR., Scott Belsky, Steve Aoki, Christian Angermayer, Gary Vaynerchuk, Greg Isenberg, Imran Khan, Mark Cuban, Packy Mccormick, Qiao Wang, Ryan Hoover, Shaan Puri, Soona Amhaz | Announced |
thirdweb is a full-stack web3 development platform that provides developers with tools to build, deploy, and scale decentralized applications, games, and onchain projects across multiple blockchains.[1][2][3][6] It serves over 70,000 developers by simplifying complex workflows with features like smart contracts, wallet infrastructure, AI-powered blockchain interactions, token creation, bridging/swapping, and backend automation via "Engine," which handles gas fees, transactions, and cross-chain actions.[1][2][3][6] The platform solves web3's core pain points—fragmentation, high costs, and technical barriers—enabling rapid creation of NFTs, DAOs, games, and AI agents while abstracting blockchain complexities for seamless user experiences.[1][3][5] Growth has been strong, with over 200,000 smart contracts deployed by 55,000+ wallets at Series A (2022), active contracts doubling recently, and $1.5M generated by builders in 30 days then; adoption by projects like Pixels, Gala Games, Mirror, and Layer3 underscores its momentum.[3][4]
Founded in 2021 by Furqan Rydhan and Steven Bartlett, thirdweb emerged from the early chaos of web3 development, where fragmented tools stifled innovation despite blockchain's promise.[4][5] Rydhan, with experience building internet companies across dot-com, Web2, and mobile eras, and Bartlett saw the need for infrastructure to accelerate web3's "next iteration of the internet."[5] They launched with a $5M seed round from 20+ investors including Gary Vaynerchuk and Mark Cuban, focusing on SDKs and components for real-value apps like NFT drops, DAOs, and games.[4][5] Pivotal early traction included 55,000+ wallets deploying 200,000+ contracts across chains by Series A, proving demand as web3 shifted from speculation to sustainable projects.[4]
In 2022, thirdweb raised a $24M Series A at $160M valuation, led by Haun Ventures with Coinbase Ventures, Shopify, Polygon, and others, fueling platform expansion amid maturing ecosystems.[4][5]
thirdweb stands out in web3 dev tools through its all-in-one, developer-first toolkit emphasizing ease, scalability, and AI integration:
thirdweb rides the web3 maturation wave, transitioning from speculative hype to sustainable, value-driven apps amid rising AI-blockchain convergence and multi-chain adoption.[4][5][6] Timing is ideal: post-2021 boom, developers demand simplified tools as complexity grows (e.g., cross-chain, agents); market forces like EVM standardization, agentic AI, and onchain economies favor its infrastructure.[1][5][6] It influences the ecosystem by onboarding millions of devs—lowering barriers accelerates web3's shift to "next-gen internet" with autonomous transactions, lowering costs 10x via full-stack kits.[5] Backed by Haun Ventures et al., it bridges Web2/Web3, powering games/NFTs while enabling AI agents to "discover, pay, interact" onchain, positioning it as core plumbing for decentralized products at scale.[4][6]
thirdweb is poised to dominate as web3 infrastructure for AI agents and app economies, expanding from 70,000 devs to millions amid trends like autonomous onchain AI, seamless multi-chain liquidity, and tokenized real-world assets.[1][6] Next: Deeper AI/blockchain fusion, HTTP/agent payments proliferation, and integrations with majors like Stripe/Polygon; expect Series B-scale growth as active contracts and revenue soar.[1][4][6] Its influence will evolve from dev enabler to ecosystem backbone, unlocking "remarkably better" internet-scale dApps as builders succeed globally—cementing its role in web3's inflection point.[5]
