Tech Company Financing Transactions
Lendroid Funding Round
Lendroid closed a $47.5 million financing round on 2/20/2018. Investors included private investors.
Transaction Overview
Company Name
Announced On
2/20/2018
Transaction Type
Token
Amount
$47,500,000
Round
Undisclosed
Investors
Proceeds Purpose
40% - Lendroid TGE (private + public TGE supporters). 25% - Collaborators. 3% - Advisors and governance. 10% - Future Lendroid Team. 12% - Lendroid Team. 10% - Lendoid TGE (vesting bonus structure)
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, 658713
Singapore
Singapore, 658713
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Lendroid (Token:LST) is a 0x-inspired, non-rent seeking, trust-independent, open protocol enabling decentralized lending, margin trading and short selling on the Ethereum blockchain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Vignesh Sundaresan
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