Hourglass
Institutional yield for stablecoins
Hourglass was founded in 2022, is headquartered in San Francisco, United States, lists 1–10 employees, and has $4.2M in recorded funding across 1 round.
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Founded
- 2022
- Business Model
- B2B
- Website
- hourglass.com
- Total Funding
- $4.2M
- Last Round
- $4.2M SeedMay 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 5 investors for this company. The full record is or through the API.
About
Hourglass is an institutional crypto yield platform that bridges stablecoin deposits to traditional capital markets via transparent, on-chain infrastructure. Founded in January 2022 by Charlie Pyle, the company pioneered the concept of Time-Bound Tokens (TBTs), a novel mechanism that tokenizes staked assets to enable liquidity and transferability of time-locked DeFi positions. Hourglass has since evolved to provide institutional investors with access to yield opportunities across both digital assets and traditional financial instruments, combining on-chain transparency with the return profiles of conventional capital markets. The company is backed by Electric Capital and raised a $4.2 million seed round.
Summary
Hourglass is a Crypto & Web3 company based in San Francisco, United States, founded in 2022. It lists 1–10 employees. It has raised $4.2M in total across 1 round, most recently a $4.2M Seed round in May 2023. Investors include Electric Capital, Coinbase Ventures and Circle Ventures.
Funding History
May 2023
Investors
Similar Companies
Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...
FTX provides field service management and asset management solutions.
Blockchain-based prediction market platform allowing users to trade on the outcomes of real-world...
Enterprise-grade digital asset infrastructure platform enabling fintechs, banks, and payment prov...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/hourglass"><img src="https://indexed.vc/api/badge/company/hourglass" alt="Hourglass on Indexed.vc" width="260" height="76" /></a>