NFT Social Marketplace Bubblehouse Raises $9M in Seed Funding to Expand its Platform

The seed funding will allow Bubblehouse to further expand its marketplace and portfolio of partners.
Image source: Bubblehouse

Quick take:

  • The funding round was led by Cassius Family.
  • Multiple celebrities including Steve Aoki and David Guetta joined the round.
  • Bubblehouse has partnered with fashion brands to launch their first NFTs during New York and Paris Fashion Weeks in February.

NFT social marketplace, Bubblehouse, today announced that it has raised $9 million in seed funding to expand its marketplace and portfolio of partners across brands, art, athletics, hospitality, music, fashion, and influencer categories.

The round was led by Cassius Family, with participation from Third Kind VC, SV Angel, Kima Ventures, Watertower Ventures and Ocho Capital. Prominent angel investors including Steve Aoki and David Guetta, among multiple other celebrities, also supported the round.

Additional angel investors include Vivi Nevo, Moonpay co-founder Ivan Soto-Wright, GoPuff co-founders Rafael Ilishayev and Yakir Gola, Highsnobiety founder David Fischer, hospitality mogul David Grutman, and Sweetgreen CEO Jonathan Neman.

Bubblehouse is designed for non-crypto natives to easily discover, collect and sell NFTs as payments can be made via credit card. The platform has reportedly sold over 500,000 NFTs in two months.

Last December, the platform partnered with Polygon to become a carbon-neutral and eco-friendly NFT marketplace. After signing up on the platform, users will receive a native Bubblehouse crypto wallet, which they can use to store their NFTs.

There’s a social element that comes with collecting NFTs on the platform. NFT buyers can directly message creators and join the creator’s “Collector’s Club” which is an exclusive group chat for creators and their collectors to interact with each other.

“We want to take the NFT experience and make it accessible and valuable for all. Providing a platform where creators and collectors can easily enter Web 3 is key to this broader adoption. We want this new world to be fun, artistic, lucrative, social, and more,” said co-founder Rohan Sinha.

Bubblehouse partners with hospitality and fashion brands to help them engage their communities through NFTS. In April, the platform teamed up with Groot Hospitality for the group’s first NFT-exclusive dessert for Komodo Miami. 

The social NFT marketplace has also partnered with fashion brands Altuzarra, Markarian, and Vaquera to launch their first NFTs during February’s New York and Paris Fashion Weeks.

In the coming months, Bubblehouse will be launching NFT collections by digital artists, NBA players, Tik Tok stars, and fashion brands. 

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