MakerDAO

formerly Maker/MKR

MakerDAO is a crypto & web3 company in San Francisco Bay Area, United States, founded in 2014. It has raised $34.5M across 4 rounds, most recently a $7.0M Corporate Round in 2020 (est.).

An Unbiased Global Financial System

Employees
51–200
Founded
2014
Business Model
B2B2C
Total Funding
$34.5M
Last Round
$7.0M Corporate RoundJan 2020
Rounds
4

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 4 funding rounds and 7 investors for this company. The full record is or through the API.

About

MakerDAO is a decentralized autonomous organization on the Ethereum blockchain that created the DAI stablecoin — the world's first unbiased, crypto-collateralized stablecoin pegged to the US Dollar. Users lock collateral assets into Maker Vaults to generate DAI, with governance controlled by MKR token holders who vote on protocol changes. The protocol has integrated with over 400 apps and DeFi services. MakerDAO has rebranded to Sky, with DAI transitioning to USDS as part of the Sky Ecosystem.

Summary

It lists 51–200 employees. It has raised $34.5M in total across 4 rounds, most recently a $7.0M Corporate Round in 2020 (est.). Investors include Andreessen Horowitz, ParaFi Capital and Dragonfly Capital.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Corporate RoundCorporate Round2020 (est.)
$7.0M

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Funding: Seed through Corporate Round. Amounts, valuations, and investors where available.

Investors

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