
Compound Finance
Algorithmic money markets on Ethereum.
San Francisco, United States · Founded 2017 · $33.2M raised
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B2C
- Website
- compound.finance
- Total Funding
- $33.2M
- Last Round
- $25.0M Series ANov 2019
- Rounds
- 2
About
Compound Finance is an algorithmic, autonomous interest rate protocol built on Ethereum that enables users to supply crypto assets to earn interest or borrow assets against collateral. Interest rates are determined algorithmically based on supply and demand. Founded in 2017 by Robert Leshner and Geoffrey Hayes, Compound pioneered the DeFi lending category and launched its COMP governance token in 2020.
Summary
Compound Finance is a Crypto & Web3 company based in San Francisco, United States, founded in 2017. It has raised $33.2M in total across 2 rounds, most recently a $25.0M Series A round in Nov 2019. Investors include Andreessen Horowitz.
Tech & App Stack
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Funding History
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Nov 2019
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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