TrueFi
San Francisco, United States · Founded 2020
- Headquarters
- San Francisco, California
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- truefi.io
- Last Round
- SeedAug 2021
- Rounds
- 1
About
TrueFi is a DeFi credit protocol launched in November 2020 by Rafael Cosman that pioneered uncollateralized lending on the Ethereum blockchain. The protocol introduced on-chain credit scores to replace traditional collateral requirements, enabling verified institutional borrowers to access capital based on reputation and creditworthiness. Over its history, TrueFi originated over $1.7 billion in loans to more than 30 institutional borrowers. The protocol has since rebranded to Brila, expanding into a multi-product DeFi ecosystem including Elara (yield optimization), Cyan (NFT lending), and Brila RWA (institutional real-world asset lending). Headquartered in San Francisco, TrueFi/Brila is backed by investors and operates as a DAO-governed protocol.
Summary
TrueFi is a Crypto & Web3 company based in San Francisco, United States, founded in 2020. Its most recent funding was a Seed round in Aug 2021. Investors include BlockTower Capital, Andreessen Horowitz and Jump Capital.
Tech & App Stack
1 technologies & apps tracked
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Funding History
Aug 2021
Investors
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