# INVESTORS
### Who Backed Us — And On What Terms
We didn’t build this in isolation.
We deliberately chose investors who were willing to back the hard version of this story.
#### **2021**
We raised about $6M at roughly $75M FDV, in an equity + token structure. Framework Ventures (Lead), CoinFund, Dapper Labs, Bitscale Capital and respected angels from gaming and crypto.
Lockup periods are as follows: 12-month cliff + 24-month vesting after TGE.
#### **2023**
We raised about $8M at roughly $100M FDV, in an equity + token structure. Framework Ventures, IOSG, Avalanche, Blizzard Fund (Avalanche), W3 Ventures, CSI Global and more other existing backers doubling down.
Lockup periods same as before: 12-month cliff + 24-month vesting after TGE.
#### **2024**
In March 2024, as we laid the foundation for Providence’s progressive token model, we completed two private token rounds:
One at $75M FDV
One at $150M FDV
In total, we raised about $2.5M.
Lockup: 12-month cliff + 12-month vesting after TGE.
Key backers: CoinFund, Permanent Capital, Infinite Capital, Ready Player DAO and others.
These aren’t just investor names.
They’re people who chose a multi-year, high-conviction build instead of a quick narrative pump.
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://whitepaper.playprovidence.io/investors.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.