Quick take:
- The new addition of funds from celebrities came after Everyrealm’s Series A raise in February.
- Celebrity investments brought Everyrealm’s total funding to $62.5 million.
- Everyrealm holds more than 3,000 NFTs and 100 metaverse land developments.
Metaverse real estate developer/investor, Everyrealm, formerly known as Republic Realm, has revealed this week a fresh round of investments by celebrities.
Canadian singer-songwriter The Weeknd, singer Marc Anthony, and German footballer Mario Götze have all invested in the company in recent weeks while actor Will Smith invested in Everyrealm via his venture capital fund, Dreamers VC.
Other recent investors include social media influencer/DJ Hannah Bronfman, NBA player Miye Oni, and rapper NAV.
The celebrity investments came after Everyrealm closed its $60 million Series A funding round last month, led by Andreessen Horowitz’s a16z fund. Participants in the Series A round included Coinbase Ventures, Dapper Labs, Lightspeed Venture Partners, and Animoca Brands.
Andreessen Horowitz’s Cultural Leadership Fund facilitated introductions to The Weeknd, Smith’s Dreamers VC, and music industry executives Wassim “SAL” Slaiby and Amir “Cash” Esmailian, leading to their investments in Everyrealm.
With the fresh injection of celebrity investments, Everyrealm’s final total funding for its Series A fundraise is now $62.5 million. According to Decrypt, the company did not disclose an exact valuation, but said that it’s now valued at “hundreds of millions” of dollars.
Previous celebrity investors in Everyrealm include Paris Hilton, rappers Nas and Lil Baby, and rockstar Gene Simmons. Electric Ventures, an investment firm led by Post Malone’s management team, worked with Lil Baby to lead investments from the music industry.
Some of the celebrity investors in Everyrealm are already active in the Web3 space. The Weeknd has released NFTs on Tom Brady’s Autograph platform and Opensea, and has joined Autograph’s board of directors. Paris Hilton has also released NFTs and played a DJ set on The Sandbox.
“Having such an accomplished roster of people on our cap table is an honor and a testament to the allure of the metaverse opportunity, one where artists and entertainers can foster direct connections with their communities,” said Everyrealm CEO Janine Yorio.
Everyrealm holds more than 3,000 land plot NFTs and 100 metaverse land developments in 25 metaverse platforms including Decentraland and The Sandbox.
Its metaverse real estate developments include Fantasy Island, an ultra-luxury master-planned community in The Sandbox consisting of 100 private islands with villas. A megayacht on Fantasy Island was sold for 149 ETH.
Everyrealm has also built Metajuku, a shopping district in Decentraland and Realm Academy, an online educational campus offering online courses about the metaverse and NFTs, located in Somnium Space.
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