# Acurast

**Source:** https://www.startuphub.ai/startups/acurast
**Profile type:** Startup

> Decentralized and privacy-preserving advertising network for web3.

## About

Acurast is building a real decentralized compute network powered by smartphones. It provides access to scalable and secure decentralized compute for developers and enables anyone to provide compute power from their phone and earn rewards. Acurast serves developers needing decentralized compute and individuals looking to contribute their phone's processing power.

## Key facts

- **Slug:** acurast
- **Website:** https://acurast.com/
- **Location:** Zug, Switzerland
- **Founded:** 2022-01-01
- **Operating status:** Active
- **Total funding:** $16M
- **Sectors / tags:** Web3, Advertising Technology, Decentralized Advertising, Privacy-Preserving Technology, Blockchain, MarTech, AdTech, Decentralized Finance
- **Social:**
  - Twitter: https://twitter.com/Acurast
  - GitHub: https://github.com/Acurast
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Acurast do?

Acurast is building a real decentralized compute network powered by smartphones. It provides access to scalable and secure decentralized compute for developers and enables anyone to provide compute power from their phone and earn rewards. Acurast serves developers needing decentralized compute and individuals looking to contribute their phone's processing power.

### What is Acurast's valuation?

StartupHub estimates Acurast's effective valuation at $59.4M (range $41.0M to $98.4M, 19% confidence), based on comparable companies in the sector.

### How much funding has Acurast raised?

Acurast has raised a total of $16M in funding. The most recent round on record is Seed.

### Where is Acurast headquartered?

Acurast is headquartered in Zug, Switzerland.

### When was Acurast founded?

Acurast was founded in 2022.

### What industry does Acurast operate in?

Acurast operates in Web3, Advertising Technology, Decentralized Advertising, Privacy-Preserving Technology, Blockchain, MarTech.

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