How much funding has Gro raised?

Gro has raised $7.1M in total funding, most recently a Seed round.

What industry is Gro in?

Gro operates in DeFi, Crypto & Web3.

Gro

Q: Who are Gro's investors?

Gro's investors include Framework Ventures, Northzone, Galaxy.

Closed

Stablecoin yield aggregator with risk tranching

DeFi

Crypto & Web3

Business Model: B2C
Website: gro.xyz
Total Funding: $7.1M

Last Round: $7.1M SeedJan 2021
Rounds: 1

About

Gro Protocol is a decentralized finance (DeFi) stablecoin yield aggregator that enables users to earn optimized yields on stablecoin deposits through automated risk and yield tranching. The protocol's two core products are PWRD, a stablecoin with deposit protection and yield, and Vault (GVT), which offers leveraged stablecoin yields. Gro DAO deploys capital across multiple DeFi strategies including Curve Finance and Convex Finance, and operates on Ethereum and Avalanche. The protocol raised a $7.1 million seed round in March 2021 from investors including Framework Ventures, Galaxy Digital, Northzone, Variant Fund, and Nascent.

Summary

Gro is a DeFi company. It has raised $7.1M in total across 1 round, most recently a $7.1M Seed round in Jan 2021. Investors include Framework Ventures, Northzone and Galaxy.