Balancer

AMMs made easy

Founded 2018 · $32.3M raised

Employees
11–50
Founded
2018
Business Model
Marketplace
Total Funding
$32.3M
Last Round
$24.3M Series AMay 2021
Rounds
3

About

Balancer is a decentralized, non-custodial automated market maker (AMM) protocol on Ethereum and other EVM-compatible chains that lets users create and trade customizable liquidity pools with flexible token weightings, providing fungible and yield-bearing liquidity across DeFi. Co-founded by Fernando Martinelli and Mike McDonald, the protocol launched on Ethereum mainnet in March 2020 and pioneered self-balancing weighted pools. In March 2026, Balancer Labs — the for-profit company behind the protocol — announced it would wind down as a corporate entity following a major exploit, though the decentralized Balancer protocol itself continues to operate.

Summary

Balancer is a Crypto & Web3 company, founded in 2018. It has raised $32.3M in total across 3 rounds, most recently a $24.3M Series A round in May 2021. Investors include Accomplice, Three Arrows Capital and Defiance Ventures.

Tech & App Stack

15 technologies & apps tracked

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Funding History

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Series ASeries AMay 2021
$24.3M

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Investors

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