What is Doodles?
Doodles is a prominent digital art project centered around a collection of ten thousand unique NFTs, each meticulously designed by artist Burnt Toast. These hand-drawn collectibles feature a diverse array of traits, including skellys, cats, aliens, apes, and mascots, with numerous rare heads, costumes, and colorways. The Doodles universe is designed to be continuously expanding, offering collectors exclusive access to new experiences like Space Doodles, alongside merchandise and events. Ownership of a Doodle NFT grants holders the ability to participate in community-driven decisions regarding the company's roadmap and features through the Doodlebank, a community treasury exceeding five million USD, which funds these collaborative initiatives.
How much funding has Doodles raised?
Doodles has raised a total of $54M across 1 funding round:
Other Financing Round
$54M
Other Financing Round (2022): $54M with participation from Seven Seven Six, 10T Holdings, Acrew Capital, and FTX
Key Investors in Doodles
Seven Seven Six
Seven Seven Six is an early-stage venture capital firm that focuses on innovation at the crossroads of product and people. With nearly $1 billion in assets under management, they utilize a self-developed operating system named Cerebro to enhance team scalability, portfolio monitoring, and support for limited partners. The firm aims to empower startups by providing not just capital but also operational support and insights.
10T Holdings
10T Holdings is a growth equity fund focused on investing in mid-to-late stage companies within the Digital Asset Ecosystem (DAE). The firm manages assets worth $1.2 billion and has an active portfolio of 24 companies, including leaders in blockchain security, gaming, and financial services.
Acrew Capital
Acrew Capital is a venture capital firm focused on redefining the future of venture through long-term partnerships and deep conviction in investment decisions. They provide support to early-stage companies, particularly in Seed to Series A funding, as well as growth-stage companies in Series B and beyond.
What's next for Doodles?
The substantial enterprise-level backing Doodles has received, particularly the recent strategic investment, positions the company for accelerated growth and ecosystem development. This influx of capital is expected to fuel further expansion of the Doodles universe, potentially through new NFT drops, enhanced utility for existing holders, and the development of immersive experiences. The collaborative model, driven by the Doodlebank and community voting, suggests a future roadmap focused on co-creation and empowering its collector base. Strategic partnerships, likely facilitated by investors such as Seven Seven Six and 10T Holdings, will be crucial in navigating the evolving landscape of digital assets and expanding brand reach.
See full Doodles company page
