Bangalore-based Web3 startup DAOLens, announced that it raised $5 million in a Pre-Seed funding round led by marquee Web3 investors Nexus Venture Partners, Better Ventures, and iSeed II.
The company will use the capital for product development, talent acquisition, and facilitating the subsequent launch of the startup’s stack of tools. Some portion of the funds will also be used to scale business operations.
CEO and Co-founder of DAOLens, Vikram Aditya said, “Simplifying the way DAOs connect with their community addresses a serious challenge that the Web3 world faces. No one can predict the future with certainty but given how DAOs are maturing, it is a challenge that is in desperate need of a head-on tackle and we are here to do that.”
DAOLens currently has three live product offerings: a discovery portal, a contributor onboarding solution, and community management tools.