FOAM Inc

FOAM Inc

Founded 2015

Brooklyn, United States 10 employees Private Equity Total: $16.20M Blockchain, IT +1

FOAM Inc is a United States based startup that was founded in 2015. The company's mission is to create spatial protocols, standards, and applications to integrate geospatial data into blockchains, ultimately enabling a consensus-driven map of the world. The startup's flagship project, FOAM, is comprised of three main components. Firstly, the Crypto-Spatial Coordinate, an open-source standard for embedding physical location in Ethereum smart contracts. Additionally, the Spatial Index & Visualizer (SIV) serves as a visual blockchain explorer for creating, viewing, and interacting with Crypto-Spatial Coordinates on a web map. This component can also act as the front-end for decentralized applications and facilitates FOAM's token curated registries for geographic points of interest. The final component is the Proof of Location protocol, which enables decentralized networks to reach consensus on the location of objects and entities in space and time. This includes both static and dynamic proof of location, offering reliable point of interest data and utilizing a decentralized and permissionless network of radio beacons for entity location verification. The last recorded investment for FOAM Inc was a Private Equity Round investment at 01 January 2022, with Starchain Capital as the participating investor. FOAM operates in the Blockchain and Internet industries and represents a unique offering at the intersection of blockchain technology and geospatial data. With a compelling vision to revolutionize the way we map and interact with the world, FOAM Inc presents an intriguing opportunity for potential investors and stakeholders.

Funding Stage	Amount	Investors	Lead Investors	Date
Private Equity Round	Undisclosed	1	Starchain Capital	01 Jan 2022
Venture Round	Undisclosed	1	Placeholder	01 Jan 2020
Seed Round	$200.00K	2	KR1, Nirvana Capital	11 Sep 2018
Seed Round	$16.00M	1	Distributed Global	13 Aug 2018
ICO	Undisclosed	-		01 Jul 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Private Equity Round

Undisclosed

Starchain Capital

01 Jan 2022

Venture Round

Undisclosed

Placeholder

01 Jan 2020

Seed Round

$200.00K

KR1, Nirvana Capital

11 Sep 2018

Seed Round

$16.00M

Distributed Global

13 Aug 2018

ICO

Undisclosed

01 Jul 2018

FAQ About FOAM Inc

The Consensus Driven Map of the World At FOAM, we are committed to building spatial protocols, standards and applications that bring geospatial data to blockchains and can empower a consensus-driven map of the world. FOAM has three main components: 1) Crypto-Spatial Coordinate - An open-source st...

FOAM Inc was founded in 2015.

FOAM Inc is headquartered in Brooklyn, United States.

FOAM Inc operates in Blockchain, IT and Internet. Its work centres on Geospatial, Crypto-Spatial Coordinates, Proof of Location (PoL) and Token Curated Registries (TCR).

FOAM Inc has approximately 10 employees.

FOAM Inc has completed 5 funding rounds, raising a total of $16.20M. The latest funding stage is Private Equity.

Top alternatives and competitors to FOAM Inc include Abound Labs, Orbs, Coinweb, ENS Labs Ltd, Glip.gg. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

FOAM Inc and Abound Labs are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (5)

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FAQ About FOAM Inc