Tech Company Financing Transactions
Aera Finance Funding Round
On 10/26/2023, Aera Finance raised $8 million in investment from Bain Capital Crypto.
Transaction Overview
Company Name
Announced On
10/26/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Bain Capital Crypto (Lead Investor)
Proceeds Purpose
The pre-launch funds generated from the token purchase will be used exclusively for development and maintenance of the Aera protocol.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Aera is a protocol that DAOs can use to deploy treasury management strategies that grow with markets while covering downside risk. The notion of "finance for the people" can be traced back to the days of ancient Rome. Aera is derived from the word Aerarium, a public treasury in Rome, housed in the Temple of Saturn and associated with wealth in Roman mythology. As a central clearinghouse, it managed and balanced all public accounts.
Management Team
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