# Yuga Labs: Information technology & services, Coral Gables, United States

> Yuga Labs: Yuga Labs is a Web3 company founded in February 2021, known for creating the Bored Ape Yacht Club (BAYC) NFT collection and developing the...

Source: https://millionrounds.com/startup/yuga-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Yuga Labs

Yuga Labs is a Web3 company founded in February 2021, known for creating the Bored Ape Yacht Club (BAYC) NFT collection and developing the Otherside metaverse.

Funding reported Last round: Seed

Information technology & services Coral Gables, United States

Company summary

- **Founded:** 2021 5 years old
- **Team:** 120 51 to 200 people
- **Funding reported:** $450M in dollars
- **Last round:** Seed Mar 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Yuga Labs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Yuga Labs

Yuga Labs is a Web3 company founded in February 2021, known for creating the Bored Ape Yacht Club (BAYC) NFT collection and developing the Otherside metaverse.

Co-founded by Greg Solano and Wylie Aronow, the company focuses on building digital intellectual property through storytelling and community engagement, utilizing blockchain technology to enhance identity, ownership, and interoperability in the crypto space. Headquartered in Coral Gables, Florida, Yuga Labs has grown rapidly, achieving a valuation of $4 billion by March 2022. The company manages various NFT collections, including BAYC, Mutant Ape Yacht Club (MAYC), and acquired assets like CryptoPunks and Meebits. Yuga Labs also develops the Otherside metaverse platform, which offers an immersive virtual world, and ApeCoin, a governance and utility token for the Yugaverse economy. The company engages a diverse clientele, including digital art collectors, cryptocurrency enthusiasts, and investors, while fostering community through events and multimedia projects.

## What company datasets say Yuga Labs raised

Funding, as reported

Reported in all **$450M** in dollars

Rounds **2**

Last round **Seed**

Last round size **$450M**

Last round date **Mar 2022**

Investors listed **5**

Valuation **$4.0B, Mar 2026**

## Founders and team

From the SEC filings it signed: 8 on the team.

- **Gregory Solano** Executive Officer, Director i
- **Guy Oseary** Executive Officer, Director i
- **Jasmine Shoemaker** Executive Officer i
- **Kerem Atalay** Executive Officer, Director i
- **Nicole Muniz** Executive Officer, Director i
- **Patrick Ehrlund** Executive Officer i
- **Wylie Aronow** Executive Officer, Director i
- **Zeshan Ali** Executive Officer, Director i

On the board, as filed i *Chris Lyons*

## On 7 portfolio pages

Investors who name them

- [A.Capital Ventures](https://millionrounds.com/fund/a-capital-ventures)
- [A16z Crypto](https://millionrounds.com/fund/a16z-crypto)
- [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global)
- [Standard](https://millionrounds.com/fund/standard)
- [Arcane Group](https://millionrounds.com/fund/arcane-group)
- [Token Bay Capital](https://millionrounds.com/fund/token-bay-capital)
- [Standard Crypto](https://millionrounds.com/fund/standard-crypto)

Each firm lists Yuga Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

nft utility libraries accessibility non-fungible tokens creator economy consumers smart contracts nft social tokens community membership immersive experiences nft trading interoperability brand collaborations community ownership nft ecosystem development nft platform

Built with from their website

Adobe Google Tag Manager Atlassian PWA Google Workspace CloudFlare Viewport Meta Google Play Apple Business Manager Google Meet

+8 more

CloudFlare CDN Autodesk Cloudflare Insights Nuxtjs Mobile Friendly Greenhouse Amazon Business Open Graph

- **Sector:** Information technology & services
- **Industry code:** NAICS 519, 513210, 516210, SIC 7389, 7372
- **Region:** Florida
- **Revenue:** $170M a year, as listed

## Information technology & services in United States

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- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
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- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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