DoraHacks is a global hackathon organizer and one of the most active developer incentive platforms in the Web3 ecosystem. Established in 2014 and headquartered in San Francisco, California, the company provides a suite of tools and services designed to support developers worldwide. These include organizing hackathons, offering bounties, grants, and facilitating decentralized governance through mechanisms like quadratic funding and privacy voting.
With a community of over 300,000 developers, DoraHacks has hosted more than 100 hackathons across 15 cities in 8 countries, funding over 2,000 projects with more than $25 million in grants and prizes. The platform collaborates with over 40 major Web3 ecosystems, including Solana, Polygon, and Avalanche, providing infrastructure to support open-source communities and foster innovation in blockchain technology.
In recent years, DoraHacks has secured significant investments to further its mission. In 2021, the company raised $8 million in a strategic funding round led by Binance Labs, aimed at advancing open-source blockchain development. In 2022, DoraHacks completed a $20 million Series B1 investment round led by FTX Ventures and Liberty City Ventures, with participation from other notable investors, to develop initiatives like the Dora Grant DAO and the Dora Infinite Fund, both designed to support and fund innovative Web3 projects.
Through its comprehensive support for developers and commitment to fostering a global hacker movement, DoraHacks plays a pivotal role in advancing the Web3 ecosystem and promoting decentralized technologies.
