Building DeFi that scales. YC S21.
Algofi is a blockchain-based decentralized crypto lending platform based on Algorand. The company's platform enables users to purchase cryptocurrency and earn interest without the use of a bank or centralized custodian.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 30, 2021 | Seed | $2.80M | 4 | — | — | Detail |
Aug 31, 2021 | Pre-seed | $125K | 1 | Y Combinator | — | Detail |
Jul 21, 2021 | Seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Y Combinator | Yes | Pre-seed |
Arrington XRP Capital | — | Seed |
Orange DAO | — | Seed |
Pillar VC | — | Seed |
Union Square Ventures | — | Seed |