Presearch
Category: AI Infrastructure
A decentralized, community-powered search engine and AI-native intelligence infrastructure that rewards users with crypto tokens while providing unbiased data for the Agentic Web. Presearch was founded in 2017. The company is led by Tim Enneking. Based in Midland, Canada. Team size: 11-50. Total funding raised: $20.5M. Latest round: Strategic Partnership (Verdicti Ventures, Dec 2024). Key investors include Verdicti Ventures, Digital Capital Management, Community (Token Holders).
- Founded
- 2017
- Headquarters
- Midland, Canada
- Team size
- 11-50
- Total funding
- $20.5M
Value proposition
Provides a privacy-first, censorship-resistant search experience for users while offering a decentralized, unbiased data layer for AI agents to access real-time web information without centralized gatekeepers.
Products and solutions
Presearch.com (Decentralized Search Engine), Presearch API (Data feed for AI Agents/LLMs), Keyword Staking (Tokenized Ad Platform), User Nodes (Decentralized crawling/indexing software), Presearch Privacy Browser
Unique value
Operates on a community-driven network of user-run nodes rather than a centralized server farm, utilizing the PRE token to incentivize searching, indexing, and computing power.
Target customer
Web3 privacy advocates, Crypto advertisers, AI developers/startups (Agentic Web), and Enterprise AI integrators
Industries served
Artificial Intelligence (AI Infrastructure), Blockchain / Web3, Search & Information Retrieval, Digital Advertising (AdTech)
Technology advantage
The 'Butterflywheel' ecosystem creates a self-sustaining economy where advertisers buy tokens to stake keywords, while users and node operators earn tokens for contributing compute and data, significantly lowering the cost of web crawling compared to traditional giants like Google.
How they differentiate
Decentralized community-run node network that rewards users with crypto (PRE tokens) for searching and computing, preventing central censorship and lowering indexing costs.
Main competitors
Brave Search, DuckDuckGo, Google
Key partnerships
Verdicti Ventures (Strategic partner for Agentic Web infrastructure), MASQ Browser (Default search engine integration), CoinGecko (Data integration), CoinMarketCap (Data integration)
Notable customers
CoinGecko (Data Integration), CoinMarketCap (Data Integration), MASQ Browser (Default Search)
Major milestones
Launched Mainnet in May 2022 moving from Testnet, Surpassed 4 Million Registered Users in 2022/2023, Strategic Partnership with Verdicti Ventures for Agentic Web in Dec 2024
Growth metrics
4M+ Registered Users, 70,000+ Active Nodes, ~100M Monthly Searches (Historical Peak)
Market positioning
Web3-native privacy search engine and decentralized data layer for AI Agents.
Geographic focus
Global (Strong presence in North America, Europe, and Crypto-native communities)
Patents and IP
Open-source ethos; no specific proprietary patents disclosed (relies on network effects and tokenomics as a moat).
About Tim Enneking
Tim Enneking is a seasoned executive with extensive experience in finance, M&A, and digital assets. He serves as Managing Partner at Psalion and Managing Director at Digital Capital Management. He previously founded the Crypto Currency Fund, one of the world's first private funds focused on cryptocurrencies. He has completed over 70 M&A transactions with an aggregate value exceeding $12 billion.
Official website: https://presearch.io