Sky
Get rewarded for saving, without giving up control
Founded 2014 · $61.5M raised
- Employees
- 51–200
- Founded
- 2014
- Business Model
- B2C
- Website
- sky.money
- Total Funding
- $61.5M
- Last Round
- $7.0M Venture RoundMar 2020
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Sky (formerly MakerDAO) is a decentralized autonomous organization and DeFi protocol built on the Ethereum blockchain. Originally founded in 2014 as MakerDAO by Rune Christensen, the project rebranded to Sky in September 2024 as part of the 'Endgame' initiative. The protocol issues two native tokens — USDS (a decentralized stablecoin, the upgraded successor to DAI) and SKY (the governance token, upgraded from MKR) — and enables users to earn savings rates, access token rewards, participate in governance, and borrow against crypto collateral. With over $21 billion in total value locked and more than 750,000 protocol users, Sky is one of the largest DeFi ecosystems in existence.
Summary
Sky is a Crypto & Web3 company, founded in 2014. It has raised $61.5M in total across 4 rounds, most recently a $7.0M Venture Round in Mar 2020. Investors include Andreessen Horowitz, Polychain Capital and Distributed Ventures.
Tech & App Stack
11 technologies & apps tracked
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Funding History
Mar 2020
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Funding: Venture Round. Amounts, valuations, and investors where available.
Investors
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