Tech Company Financing Transactions

Ondo Finance Funding Round

Ondo Finance, based in New York, secured $4 million from Pantera Capital, Chapter One Ventures and CMS Holdings.

Transaction Overview

Company Name
Announced On
8/20/2021
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate DeFi adoption among mainstream investors by enabling the granular exchange of risk.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY 10001
USA
Phone
Undisclosed
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
Ondo Finance LinkedIn Company Profile
Social Media
Ondo Finance Company Twitter Account
Company News
Ondo Finance News
Facebook
Ondo Finance on Facebook
YouTube
Ondo Finance on YouTube

Management Team

Title
Name
Email & Social
Founder
Nathan Allman
  Nathan Allman LinkedIn Profile  Nathan Allman Twitter Account  Nathan Allman News  Nathan Allman on Facebook
Founder
Pinku Surana
  Pinku Surana LinkedIn Profile  Pinku Surana Twitter Account  Pinku Surana News  Pinku Surana on Facebook


 

 

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Prev: 8/20/2021: Metabase venture capital transaction
Next: 8/20/2021: Mountaintop Studios venture capital transaction

 

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About Database of VC Transactions

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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