How much funding has Sky raised?

Sky has raised $61.5M in total funding, most recently a venture unknown round.

Who are Sky's investors?

Sky's investors include Andreessen Horowitz, Polychain Capital, Distributed Ventures, FBG Capital, Wyre Capital.

Sky

Get rewarded for saving, without giving up control

Founded 2014 · $61.5M raised

Crypto & Web3

Employees: 51–200
Founded: 2014
Business Model: B2C
Website: sky.money

Total Funding: $61.5M
Last Round: $7.0M Venture RoundMar 2020
Rounds: 4

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 round in Mar 2020. Investors include Andreessen Horowitz, Polychain Capital and Distributed Ventures.

LinkedIn X (Twitter)GitHub