Tessera

Tessera, formerly known as Fractional, is a NFT platform that unlocks liquidity, reduces entry costs, and allows for synergy with other DeFi primitives.

Tessera delivers a unique way to unlock NFT liquidity and provides community access to owning parts of iconic and historic NFTs.

Tessera was founded in 2021 as Fractional by Andy Chorlian, and later changed its name to Tessera. The company is headquartered in New York, New York.

 

Tessera unlocks ownership of the world’s most sought after NFTs and we are operating on the cutting edge of blockchain, NFTs, and community collectives supported by partnerships and committed investments from the strongest influencers, investors, community members, and thought leaders in the Web3 ecosystem!.

 

Tessera's platform has already been used for a number of high-profile projects. For example, the internet-famous original Doge meme photo—the inspiration for Dogecoin. Other notable projects that have used Fractional include UkraineDAO, Free Ross DAO, and Azuki.

 

Tessera also plans to start rolling out its v2 platform with a trial run focused on Nouns, an Ethereum NFT project, before launching the broader protocol around October 2022.

 

Tessera is backed by Paradigm, Divergence Ventures, Uniswap Labs Ventures, Robot Ventures, Flamingo DAO, Variant Fund, Delphi Ventures, Focus Labs, eGirl Capital, Yunt Capital, and others. The company raised $20M in Series A round on Aug 17, 2022. This brings Tessera's total funding to $27.9M to date.

 

 

  • Year founded: 2021
  • Funding Info: $27.9M over 4 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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