About Teneo
Last updated
Last updated
At Teneo, we believe that data should be open, accessible, and fairly distributed. Today, the most valuable digital assets – real-time social interactions, public web data, and emerging digital trends – are controlled by centralized entities. Teneo is here to change that by empowering individuals and businesses with a decentralized, transparent, and community-driven approach to data access.
By using blockchain and decentralized physical infrastructure networks (DePIN), Teneo is building a future where everyone – not just big corporations – participates in and benefits from the data economy.
Our journey into decentralization started long before the launch of Teneo. Since 2017, we’ve been building Web3 products with a strong focus on DePIN, proving how decentralized models can unlock real-world value. We quickly realized that high-value data sources are locked away in centralized silos in 99% of cases, controlled by corporations and accessible only to those with deep pockets.
The same issue became even more obvious with social media data – one of the most valuable digital assets today. While businesses and institutions rely on it for insights, it remains heavily restricted behind paywalls, gated APIs, and Big Tech monopolies. The people actually generating this data get no control or share in its value.
That’s why we built Teneo. We’ve created a decentralized network where users contribute access to social media insights through Community Nodes – and get rewarded for it. Instead of scraping or storing data in centralized silos, Teneo enables real-time access, making public social data instantly available for businesses, researchers, and AI models.
Teneo was founded by Leroy Hofer, Nico Prugger, Frederic Nachbauer, and Maximilian Schalkhammer – a team with deep experience in Web3, DePIN, and decentralized infrastructure.
Together, they bring a mix of technical expertise, strategic vision, and hands-on experience in launching decentralized networks.
Teneo is backed by some of the most respected investors in Web3, AI, and DePIN, who share our vision of decentralizing data access and empowering users to unlock its value.
With strong support from leading venture firms, Teneo is positioned to scale its decentralized network, enhance product development, and drive mainstream adoption
RockawayX – A top-tier blockchain investor focused on DePIN, infrastructure, and Web3 scalability.
Borderless Capital – A visionary fund investing in decentralized technologies shaping the future of AI and data monetization.
Generative Ventures – A specialist VC firm supporting AI-native and blockchain-powered solutions.
Other Supporters: Moonrock Capital, Certik Ventures, Outlier Ventures, X Ventures, Token Ventures, EOT Ventures, MN Capital, Advanced Blockchain AG, Venionaire Web3.
