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Sleek Secures $5 Million Web3 Social Networking Platform

Hong Kong-based Sleek raises $5 million in seed funding for its web3 social networking platform.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

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Sleek, the Hong Kong-based social networking platform, has successfully secured $5 million in seed funding. This funding is expected to propel Sleek's efforts in reshaping "digital human connection" through its web3 social networking platform. Since its official launch in April 2023, Sleek has focused on simplifying networking, fostering productivity, and infusing a sense of enjoyment into the online social space. At the core of Sleek's offerings is its flagship product, the Sleek Card, designed to empower web3 professionals in in-person networking.

Backing the raise are notable investors, including Shima Capital, Spartan Group, Symbolic Capital, Genblock Capital, Big Brain Holdings, Market Across, Emirates Consortium, Arkstream, Perridon, and GBV. Binance Labs, the venture capital arm of Binance, also supported Sleek through the Binance Labs Incubation Program in 2022.

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The Sleek Card goes beyond traditional business cards, creating a blockchain wallet and a decentralized identity for users. Utilizing NFC technology and a proprietary messaging bot, Sleek Card enables users to effortlessly capture data and manage contacts, resulting in robust on-chain social graphs.

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We are launching monetization models in our platform that are only possible through the blockchain, so talented creators from various verticals who don’t have a full team supporting them can earn sustainably.

Tania Tse, Co-Founder of Sleek

With over 300,000 connections facilitated since its launch, Sleek Card has established itself as a significant player in the rapidly evolving web3 landscape. The platform has strategically partnered with industry leaders such as Solana Hacker Houses, Coinfest, Digital Art Fair, and NFTNow, offering unique and innovative event experiences to its expanding user base.

Looking forward to the first half of 2024, Sleek aims to unveil an open marketplace, allowing domain experts to tokenize their knowledge. This strategic move aligns with Sleek's vision for a more equitable, user-centric, and transparent digital social landscape.

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Leveraging our own experiences and lessons learned, we are building applications alongside our users to power the future of Web3 social.

Chase Guo, Co-Founder of Sleek

Sleek's steady 10-fold growth since its founding in February 2023 reflects its resonance within the web3 community. With continued funding and an expanding suite of offerings, Sleek is positioned to play a significant role in shaping the future of authentic human connections in the digital age.


updated:

February 20th 2024

posted:

November 20th 2023

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