DELV

Closed

Building the future of DeFi infrastructure

Dallas, United States · Founded 2020 · $36.4M raised

Headquarters
Dallas, Texas
Employees
11–50
Founded
2020
Business Model
B2B
Website
delv.tech
Total Funding
$36.4M
Last Round
$32.0M Series AOct 2021
Rounds
2

About

DELV (formerly Element Finance) built a suite of decentralized finance infrastructure, including a fixed-rate protocol for fixed and variable yield markets, a council protocol for decentralized governance, and tools enabling communities to deploy and manage DAOs. Founded in 2020, the company raised $27M and operated out of the Dallas, Texas area. DELV announced it was winding down operations in June 2025 after five years building fixed-rate DeFi infrastructure.

Summary

DELV is a DeFi company based in Dallas, United States, founded in 2020. It has raised $36.4M in total across 2 rounds, most recently a $32.0M Series A round in Oct 2021. Investors include Andreessen Horowitz, Polychain Capital and Rarestone Capital.

Tech & App Stack

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Funding History

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Series ASeries AOct 2021
$32.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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