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Algofi
company
About
Building DeFi that scales. YC S21.
- New York,New York,United States
- 1 - 10
- https://www.algofi.org
Details
- Last Funding Type
- Seed
- Industries
- Blockchain,Cryptocurrency,Finance,Financial Services,FinTech
- Founded date
- Jan 1, 2021
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Legal Name
- Blockchain Technologies, Inc.
- Also Known As
- Blockchain Technologies
Algofi is a blockchain-based decentralized crypto lending platform based on Algorand. The company's platform enables users to purchase cryptocurrency and earn interest without the use of a bank or centralized custodian.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$2.92M
Algofi has raised a total of
$2.92M
in funding over 2 rounds. Their latest funding was raised on
Nov 30, 2021 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 30, 2021 | Seed | $2.80M | 4 | — | — | Detail |
| Aug 31, 2021 | Pre-seed | $125K | 1 |
Y Combinator
|
— | Detail |
| Jul 21, 2021 | Seed | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
5
Algofi is funded by 5 investors.
Y Combinator
and Arrington XRP Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Y Combinator
|
Yes | Pre-seed |
Arrington XRP Capital
|
— | Seed |
Orange DAO
|
— | Seed |
Pillar VC
|
— | Seed |
Union Square Ventures
|
— | Seed |
Employee Profiles
Number of Employee Profiles
2
Algofi has 2 current employee profiles, including
Executive John Clarke
Executive
Executive
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