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nameless

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Developer of leading API software for the issuance, testing, and sale of non-fungible tokens (NFTs)

United StatesFounded 2021Fintech
Valuation $50–100M Last recorded · 2021
Total funding $10–50M Disclosed equity funding
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About nameless

Positioned within the rapidly evolving Web3 landscape, nameless.io operates as a platform-as-a-service (PaaS) provider specializing in non-fungible tokens (NFTs). The company, a subsidiary of nft42, was established in 2021 by founder and CEO Jimmy McNelis, who brought experience from his previous role at Google. The firm's core mission is to abstract away the complexity of blockchain technology, offering a suite of tools, smart contracts, and API solutions that empower enterprises, digital creators, and individuals to develop, mint, test, and sell NFTs.

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The business model is centered on providing the underlying infrastructure for NFT projects, enabling clients to integrate digital assets and ownership into their existing web properties and communities. This white-glove service allows organizations to create custom NFT experiences, from individual token drops to entire marketplaces, without requiring specialized blockchain development teams. The company serves brands and creators looking to engage with their communities through digital ownership, offering tools for brand safety like the 'Stealthtest' environment, which allows for deploying and testing smart contracts in a private setting before a public launch.

Nameless demonstrated significant market traction early in its history, securing a $15 million seed investment in October 2021. This funding round, led by Mechanism Capital, elevated the company's valuation to approximately $75 million. The financing saw participation from a diverse group of investors, including Delphi Digital, Velvet Sea Ventures, and notable individuals like Mark Cuban and Gary Vaynerchuck through nft42's prior funding. The capital was earmarked for expanding development resources, marketing, and building out a partner program to support its growing client base.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
United States
Open positions
None listed
Dealroom signal
22.0/100
Industry
Fintech, Media
Sub-industry
Crypto and DeFi, Content production, Publishing
Sector
Fintech, API, NFT, Ethereum Ecosystem, Crypto and Web3, Hard Tech
Technology
Blockchain
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Oct 2021 $15M $75M Third Prime Capital · The Spartan Group · The LAO · The Wursta ↗
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Growth signals

nameless website traffic

Latest recorded traffic for nameless is 170 monthly website visits, down 95.8% over the last three months.

Latest monthly visits170 3-month web change-95.8%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed15 investors entered at this stage

  • Third Prime Capital
  • The Spartan Group
  • The LAO
  • The Wursta
  • FlamingoDAO
  • D64 Ventures
  • Fenbushi Capital
  • Delphi Ventures
  • Velvet Sea Ventures
  • Mechanism Capital
  • Cultur3d
  • Red Sea Ventures
  • Michael Rubin
  • Mark Cuban
  • Sound Ventures

Other known investors3 additional known investors

  • nft42
  • Redbeard Ventures
  • Ruttenberg Gordon Investments
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about nameless on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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