Steem Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 12

Employees

  • Latest Deal Type
  • M&A

Steem General Information

Description

Developer of a decentralized blockchain platform intended to reward content creation and community building. The company's platform utilizes a delegated proof-of-stake consensus mechanism and a native token reward system, enabling content creators and developers to monetize engagement and host social decentralized applications without intermediaries.

Contact Information

Website
www.steem.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 251 Little Falls Drive
  • Wilmington, DE 19808
  • United States
Primary Industry
Social/Platform Software
Other Industries
Social Content
Parent Company
Tron Dao
Vertical(s)
TMT, Cryptocurrency/Blockchain
Corporate Office
  • 251 Little Falls Drive
  • Wilmington, DE 19808
  • United States

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Steem Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 14-Feb-2020 Completed Generating Revenue
3. Angel (individual) 27-Feb-2018 Completed Generating Revenue
2. Early Stage VC (Series B) 01-Apr-2017 $270M Cancelled Generating Revenue
1. Early Stage VC 01-Apr-2017 Completed Generating Revenue
To view Steem’s complete valuation and funding history, request access »

Steem Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a decentralized blockchain platform intended to reward content creation and community building. The company
Social/Platform Software
Wilmington, DE
12 As of 2018

New York, NY
 

Bastrop, TX
 
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Steem Competitors (13)

One of Steem’s 13 competitors is Tumblr, a Formerly VC-backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Tumblr Formerly VC-backed New York, NY
X (Social/Platform Software) Formerly PE-Backed Bastrop, TX
Scholar Hero Formerly Accelerator/Incubator backed Pittsburgh, PA
Reddit Formerly VC-backed San Francisco, CA
Shiba Inu Venture Capital-Backed New York, NY
You’re viewing 5 of 13 competitors. Get the full list »

Steem Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Steem Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Fundamental Labs Venture Capital Minority
SL2 Capital Venture Capital Minority
West Labs Venture Capital Minority
To view Steem’s complete investors history, request access »

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Steem FAQs

  • When was Steem founded?

    Steem was founded in 2016.

  • Where is Steem headquartered?

    Steem is headquartered in Wilmington, DE.

  • What is the size of Steem?

    Steem has 12 total employees.

  • What industry is Steem in?

    Steem’s primary industry is Social/Platform Software.

  • Is Steem a private or public company?

    Steem is a Private company.

  • What is Steem’s current revenue?

    The current revenue for Steem is .

  • How much funding has Steem raised over time?

    Steem has raised $250K.

  • Who are Steem’s investors?

    Fundamental Labs, SL2 Capital, and West Labs have invested in Steem.

  • Who are Steem’s competitors?

    Tumblr, X (Social/Platform Software), Scholar Hero, Reddit, and Shiba Inu are some of the 13 competitors of Steem.

  • When was Steem acquired?

    Steem was acquired on 14-Feb-2020.

  • Who acquired Steem?

    Steem was acquired by Tron Dao.

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