Compound

CompoundCOMP

Decentralized lending platform

About Compound

Founded

2017

Address

United States

Community

Compound is a decentralized lending platform that enables users to borrow or lend from a pool of assets without permission. Interest rates are determined algorithmically based on the proportion of assets lent out. In the summer of 2020, the liquidity mining activity launched by Compound triggered the explosion of the DeFi market.

Team Members

Robert Leshner
Robert LeshnerFounder

Investors

Andreessen HorowitzAndreessen Horowitz
ParadigmParadigm
PolychainPolychain
Bain Capital VenturesBain Capital Ventures
Coinbase VenturesCoinbase Ventures
DHVCDHVC
Abstract VenturesAbstract Ventures
Compound VCCompound VC
T
Transmedia Capital

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Series A
$25.00M
--
2019-11-13
Andreessen HorowitzAndreessen Horowitz*
ParadigmParadigm
+ 2
Seed
$8.20M
--
2018-05-16
Andreessen HorowitzAndreessen Horowitz*
PolychainPolychain*
+ 6