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Avara
Open source protocol for decentralised lending
- 101-200 employees
- Cryptocurrency
- Social
- Blockchain
- Notting Hill, London, UK
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Company mission
To reinvent our modern paradigms in the realm of finance, social media networking and beyond.
Some candidates hear
back within 2 weeks
-14% employee growth in 12 months
Glassdoor (4.2)
Our take
Avara is a software technology company, known for its cutting-edge Web3 products built on blockchain technologies. Avara has crafted the highly resilient Aave Protocol, a decentralised, open-source, and non-custodial liquidity protocol.
One of Avara's distinctive features is its tokenisation of deposits, allowing users to earn interest in real time as their deposits are transformed into tokens. Depositors contribute liquidity to pools, and borrowers can access this liquidity with variable and stable interest rate options. The Avara Protocol's commitment to community governance is further exemplified through initiatives like the Avara Grants DAO, a community-led grants program financing ideas from the Aave Protocol's community.
Avara's influence extends beyond its flagship protocol, as the company has expanded its portfolio to include transformative projects. Notably, Avara has introduced GHO, an algorithmic stablecoin aimed at revolutionising the stablecoin market by ensuring the verifiability of reserves. Additionally, Avara has ventured into decentralised social networking with Lens, while strategic acquisitions of Sonar, a metaverse app, and the Family Crypto wallet underline its dedication to realising a people-powered internet that benefits all.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Work-life balance
- Equity
- Regular team events and off-sites
- Medical coverage and pension
- Generous paid parental leave
- Generous vacation and sick leave
- Work from anywhere
- Paid co-working space/desk
Company values
- Craft: We take pride in craft, talent, attention to detail, mindfulness, resourcefulness, and meaningful steps towards excellence
- Accountability: We take responsibility for our own decisions, actions and results, and we work as one team
- Integrity: We count on each other to be direct, honest, and caring. Our word matters; what we say is what we do
- Sisu: We cultivate inner strength and self-awareness. We persevere in the face of obstacles
- Community: We create products that increase access and engender human connection and community
Funding (2 rounds)
Oct 2020
$25m
EARLY VC
Jul 2020
$7.5m
SEED
Total funding: $32.5m
This company has top investors
Leadership
Stani Kulechov
(CEO)Stani graduated from the University of Helsinki with a Master's in Law.
Diversity, Equity & Inclusion at Avara
Muna Gullam (People & Talent Partner )
- Avara celebrates diversity and views each and every team member as a separate individual with their own unique identity. No matter your race, religion, gender, ethnicity, age, disability, sexual orientation or even the wallet you use, we welcome you at Avara. As an equal opportunities employer, we take accountability and believe in everyone’s potential to build, create and inspire changes. With a mission to build a diverse workforce, we are proud to foster a working environment in which everyone can feel safe and valued for who they are.
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