Dora Factory
Dora Factory is a Singapore-based non-profit building decentralized governance infrastructure — including the MACI privacy-preserving voting protocol and quadratic funding technology — for blockchain ecosystems, DAOs, organizations, and Web3 communities.
- Company typePrivate
- Founded2020
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Dora Factory does
Dora Factory is a Singapore-headquartered, private non-profit organization founded in 2020 that builds decentralized governance infrastructure for blockchain ecosystems, DAOs, and on-chain communities. Its core technology is MACI (Minimum Anti-Collusion Infrastructure), a privacy-preserving voting protocol that enables collusion-resistant, anonymous on-chain decision-making, along with its extension aMACI (Anonymous MACI) for private, collusion-free voting in global communities. The product portfolio includes Dora Vota (governance infrastructure), World MACI (consumer-facing decentralized polling platform), aMACI (protocol-level anonymous voting), MACI XL (an enterprise-facing tool that lets organizations create voting rounds without requiring end users to interact with Web3 wallets), the World Whitelist (access control for polling rounds), and a DORA token migration service.
The company serves three primary customer segments: blockchain ecosystems and DAOs requiring decentralized governance and quadratic funding mechanisms, organizations seeking privacy-preserving voting infrastructure (addressed via MACI XL), and Web3 developers and projects seeking public goods funding through quadratic funding. Its go-to-market combines product-led growth (self-serve World MACI Public Alpha), enterprise field sales (MACI XL), and community-led adoption through the DoraHacks developer ecosystem. The company has raised approximately $27.5M across three funding events ($17.5M in 2021, a dao5-led strategic round in December 2023, and a $10M round in May 2024), and secured a $1M grant from Cosmos Hub in May 2024 — the first native Quadratic Funding in Cosmos Hub history, approved by 91.9% of voters.
The business model is described as subscription/recurring revenue from governance infrastructure services and public goods funding technology, though no pricing is publicly disclosed and no revenue figures are available. Revenue is also augmented by ecosystem grants (Cosmos Hub) and partnership-driven funding. Investors include Hashkey Exchange (lead, 2021), dao5 (lead, 2023), Whampoa Digital (2023), Interop, LongLing Capital, NoLimit Holdings, Nomad Capital, Signum Capital, and Sky9 Capital (2024).
Dora Factory firmographics
Firmographics- Name
- Dora Factory
- Legal name
- Dora Factory
- Website
- https://dorafactory.org
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Dora Factory is a Singapore-based non-profit building decentralized governance infrastructure — including the MACI privacy-preserving voting protocol and quadratic funding technology — for blockchain ecosystems, DAOs, organizations, and Web3 communities.
- Ownership category
- akta.pro rank
Dora Factory industry classification
Industry- Product category
- Decentralized Governance Infrastructure
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Governance Frameworks & DAO Tooling (modules, templates, standards) (FSAPAHAC)
- akta.pro secondary industries
- On-Chain Voting & Proposal Systems (FSAPAHAA), Grants, Funding & Budget Allocation Platforms (FSAPAHAE)
Keywords
Where Dora Factory is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Dora Factory business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Governance Infrastructure Services: Providing decentralized governance infrastructure technology including MACI platforms for organizations and communities.
- Public Goods Funding Technology: Quadratic funding infrastructure and technology services for blockchain ecosystems supporting public goods funding rounds.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Dora Factory product offering
Product offeringCore offering
Dora Factory builds and operates decentralized governance infrastructure software for the Web3 ecosystem, including the World MACI polling platform for individual voters, MACI XL for organizations to create anonymous voting rounds, and the aMACI (Anonymous MACI) protocol for private, collusion-free voting. The company also provides quadratic funding infrastructure that enables blockchain ecosystems to allocate capital to public goods through community-driven funding rounds. Its products are delivered as software platforms accessed via web interfaces, with no requirement for end users to hold Web3 wallets.
Product overview
Dora Factory operates as a decentralized governance infrastructure company offering a modular platform for privacy-preserving voting and public goods funding. The core portfolio consists of Dora Vota (governance infrastructure), World MACI (public alpha polling platform), aMACI (Anonymous MACI protocol), and MACI XL (organization-facing voting round creation tool). These products work together to provide end-to-end governance solutions: Dora Vota serves as the foundational governance layer, while World MACI and aMACI deliver privacy-preserving voting capabilities to end users, with MACI XL enabling organizations to create their own voting rounds. The World Whitelist provides access control for polling participation. The company also offers token migration services through its DORA Token Migration platform.
Differentiator
Problem solved
Functional benefit
Brands
- World MACI: A scalable, privacy-preserving, decentralized polling platform for anonymous voting and free expression.
- MACI XL
- aMACI
- World Whitelist
Products and services
- World MACI A scalable, privacy-preserving, decentralized polling platform that enables anonymous voting through MACI infrastructure, allowing users to express opinions through private and secure votes without Web3 wallet interactions. Targeted at individual users participating in World MACI polling rounds.
- MACI XL An enterprise offering that lets organizations create MACI and aMACI voting rounds for their governance needs, with users able to vote securely without Web3 wallet interactions.
- aMACI (Anonymous MACI) A protocol that enables private, collusion-free voting for global communities, representing a vertically integrated full-stack infrastructure for anonymous voting within the Dora Factory ecosystem.
- Dora Vota A decentralized governance infrastructure product providing voting and governance mechanisms for Web3 communities, serving as the foundational governance layer within the Dora Factory ecosystem and supporting public goods funding technology.
- DORA Token Migration Token migration service for transitioning DORA tokens, facilitating migration of the native token across different blockchain networks or infrastructure updates.
Quantifiable outcome
- 91.9% community approval rate for Cosmos Hub grant proposal
- +2 more outcomes
Companies that use Dora Factory
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Dora Factory technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Dora Factory partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Cosmos HubcoreCosmos Hub approved a $1 million grant to Dora Factory and DoraHacks for quadratic funding initiative with 10 funding rounds over two years. This is the first native Quadratic Funding in Cosmos Hub's history with 91.9% community approval.
- DoraHackscoreDoraHacks partnered with Dora Factory for the Cosmos Hub quadratic funding initiative, combining DoraHacks' hackathon ecosystem with Dora Factory's governance infrastructure.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Dora Factory competitors and assessment
Company assessmentDirect peers
- Snapshot Labs: Snapshot is the leading off-chain voting platform for DAOs, widely adopted across DeFi and Web3 governance. It is the most direct competitor to Dora Factory's MACI-based voting, though Snapshot lacks MACI's privacy/anti-collusion guarantees.
- Tally: Tally provides on-chain governance infrastructure for DAOs, including proposal creation, voting, and delegation. It competes directly with Dora Factory's governance-as-a-service offering, particularly for organizations seeking on-chain execution.
- Boardroom: Boardroom is a governance management platform for DAOs and crypto organizations, offering voting, delegation, and analytics. It overlaps with Dora Factory's governance tooling, particularly around proposal and voting management for organizational users.
- Aragon: Aragon is a long-established DAO framework offering modular tooling for creating and managing decentralized organizations. It is a direct competitor to Dora Factory's Dora Vota governance infrastructure, with broader framework capabilities but less specialized focus on privacy-preserving voting.
- Gitcoin: Gitcoin operates quadratic funding rounds for public goods in Web3, including Gitcoin Grants. It directly overlaps with Dora Factory's quadratic funding infrastructure and public-goods funding mandate, with a much larger established user and grant-maker base.
Emerging players
- Commonwealth: Commonwealth provides a governance forum and discussion platform with integrated on-chain voting for Web3 communities. It serves a similar target market of DAOs needing governance and decision-making tools, though with less emphasis on privacy/anti-collusion infrastructure.
- DeepDAO: DeepDAO provides analytics and data on DAO governance, treasuries, and participation. It is comparable as infrastructure serving the DAO governance ecosystem, though as a data/analytics layer rather than a voting/governance execution platform.
- DAOhaus: DAOhaus provides no-code DAO deployment and management tooling (formerly MolochDAO framework). It is comparable as a governance/DAO tooling platform targeting community DAOs, though with a different focus area than Dora Factory's voting infrastructure.
- PrimeDAO: PrimeDAO builds coordination and governance infrastructure for tokenized communities and DAOs, including participation and resource allocation tools. It overlaps with Dora Factory's coordination/governance mandate and public-goods funding themes.
Broad incumbents
- OpenZeppelin: OpenZeppelin is a broad Web3 security and smart contract infrastructure provider, including governance contract libraries (Governor contracts). It is comparable as an incumbent governance infrastructure provider in the broader Ethereum/Web3 ecosystem, though not specialized in privacy-preserving voting.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Dora Factory social profiles
Digital presenceDora Factory financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dora Factory leadership team
Management profileNumber of profiles
Dora Factory subsidiaries and ownership
Company hierarchySubsidiaries1 record
Dora Factory funding detail
Funding detailFunding overview
Funding rounds4 records
Investors43 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dora Factory M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dora Factory
What does Dora Factory do?
Dora Factory builds and operates decentralized governance infrastructure software for the Web3 ecosystem, including the World MACI polling platform for individual voters, MACI XL for organizations to create anonymous voting rounds, and the aMACI (Anonymous MACI) protocol for private, collusion-free voting. The company also provides quadratic funding infrastructure that enables blockchain ecosystems to allocate capital to public goods through community-driven funding rounds. Its products are delivered as software platforms accessed via web interfaces, with no requirement for end users to hold Web3 wallets.
Is Dora Factory a public or private company?
Dora Factory is a private company. It is classified as venture growth investor backed and is currently operating.
When was Dora Factory founded?
Dora Factory was founded in 2020. It employs 11 to 50 people.
Where is Dora Factory based?
Dora Factory is headquartered in Singapore, Singapore, in the Asia region.
How does Dora Factory make money?
Two revenue lines are on record. Governance Infrastructure Services are the primary driver. The others are public Goods Funding Technology.
Who are Dora Factory's main competitors?
Direct peers on record are Snapshot Labs, Tally, Boardroom, Aragon and Gitcoin. Emerging players are Commonwealth, DeepDAO, DAOhaus and PrimeDAO. OpenZeppelin is listed as a broad incumbent.
Does Dora Factory have an API?
No public API is recorded for Dora Factory.
What industry is Dora Factory in?
Dora Factory's product category is Decentralized Governance Infrastructure. Its primary akta.pro industry code is FSAPAHAC, Governance Frameworks & DAO Tooling (modules, templates, standards), with a secondary code of FSAPAHAA, On-Chain Voting & Proposal Systems. Its NAICS code is 54151 and its SIC code is 6199.