Tapestry Secures $5.75M Series A to Transform Solana-Powered Social App Development, Led by Union Square Ventures and Fabric Ventures
New York, USA, January 16th, 2025, Chainwire
With $12.5M total funding, Tapestry’s platform combines AI-powered creation with blockchain-based social infrastructure.
Tapestry, a social infrastructure protocol for the Solana ecosystem, today announced its $5.75 million Series A funding round co-led by Union Square Ventures (USV) and Fabric Ventures with participation from Stellation Capital, Slow, and Foresight Ventures. The investment will accelerate the development of Tapestry’s Solana-based social graph and AI creation platform, which enables anyone to create and deploy social applications using simple prompts while connecting them all through a permissionless social graph. By democratizing app creation, Tapestry is building an open, permissionless social graph to rival major social media giants while paving the way for user-driven networks that operate beyond centralized control.
“AI is making app creation more like content creation, and as that happens we will need new financial and social infrastructure connecting everything together in a unified and open way. Tapestry’s protocol is exactly that,” said Nick Grossman, General Partner at Union Square Ventures.
Major platforms have controlled social graphs, creating walled gardens that stifle innovation. Tapestry’s permissionless protocol changes this. By opening access to a universal social graph, Tapestry empowers developers to create with the same powerful tools that drive giants like Facebook—but without centralized control.
“Our open social graph gives builders access to the same powerful tools that drive success for giants like Facebook, ushering in a new era of consumer social,” said CEO David Gabeau. “We’re creating the bedrock that enables infinite online creativity while ensuring that in a world of ephemeral experiences, the connections that matter remain permanent.”
Tapestry is built natively on Solana – crypto’s fastest-growing consumer ecosystem due to its negligible fees and high transaction speeds. This architecture enables a diverse array of interoperable apps and experiences at a massive scale. Since launching in October, Tapestry has partnered with key Solana projects, including Access Protocol, SagaDao, and AllDomains. Central to Tapestry’s vision of becoming an AI-driven decentralized app marketplace is its built-in network effect. This provides new applications with immediate distribution opportunities and a ready-made social foundation that would typically take years to cultivate.
Revolutionizing App Creation Through AI
Tapestry leverages AI for app generation, anchored in permanent social relationships on Solana’s L1 blockchain. This ensures rapid app creation while keeping user identities and connections persistent and portable, even as social apps evolve to be more temporary.
“AI is turning app development into a natural, conversational process,” said Gabeau. “Communities will soon spawn custom tools instantly, events will get dedicated apps, and viral moments will transform into interactive experiences in real-time—blurring the line between social interaction and software creation. By building onchain social infrastructure today, we’re creating the essential foundation for tomorrow’s digital experiences. Tapestry’s Northstar is building the internet’s social graph.”
Tapestry was founded in 2024 by David Gabeau and the team behind Primitives, a digital art-collecting app on Solana. Formerly an engineer at Snapchat and a venture capitalist at Union Square Ventures focused on consumer crypto, David began his journey building on Solana, drawn by the platform’s speed, scalability, and negligible fees. Recognizing the opportunity to create a unified, open social graph on Solana—a foundation that existed only in EVM ecosystems and Farcaster—he set out to build the essential primitives for decentralized social applications.
“The intersection of crypto and AI is a transformative new frontier whose true potential is only beginning to emerge. Tapestry is working to pioneer in this arena with a vision for portable communities that empower both developers and end users— and we’re proud to support them in shaping the future of this rapidly evolving ecosystem,” said Peter Boyce II, Founder & Managing Partner of Stellation Capital.
The Series A funding will accelerate Tapestry’s mission to democratize social app development through three key initiatives:
- Expanding its AI app creation tools to enable users to create any type of social application
- Growing its decentralized social graph to ecosystems outside of Solana
- Building integrations that allow indie developers to quickly connect their generated apps to Tapestry’s social infrastructure
Start creating and deploying your applications today at: usetapestry.ai
Boilerplate
The Tapestry protocol provides essential social infrastructure for the Solana ecosystem, enabling developers and applications to leverage a unified, portable social graph. Our permissionless platform combines protocol-level interoperability with AI-powered creation tools, making it possible for anyone to build social applications through simple prompts. With over 10m raised from Union Square Ventures, Fabric Ventures, Redpoint Ventures, Harlem Capital, Stellation Capital, and Foresight Ventures, we’re establishing the foundation for truly portable social experiences on web3.
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