Tech Company Financing Transactions
Ondo Finance Funding Round
Founders Fund, Pantera Capital and Coinbase Ventures participated in a $20 million Series A funding round for Ondo Finance. The funding round was announced on 4/27/2022.
Transaction Overview
Company Name
Announced On
4/27/2022
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Founders Fund (Lead Investor)
Pantera Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Ondo Finance allows crypto-asset investors to trade the risk and reward balance of pooled assets. Existing yield in crypto-asset markets is in the form of volatile rates derived from a complex source of inputs. In this implementation we restrict investors into two groups: fixed and variable yield positions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Nathan Allman
Founder
Pinku Surana
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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