Compound
Technology company building infrastructure for the future of finance
- 1-20 employees
- Fintech
- B2B
- Cryptocurrency
- Mission District, San Francisco, CA
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Company mission
To change the legacy financial system which is slow, inefficient, and constrained by intermediaries.
Our take
Decentralized finance (DeFi) is shaking up the traditional financial system. It offers potential solutions to the problems people face with accessing and transferring money. DeFi is a peer to peer system that is not controlled by any centralized institution, like a bank.
Compound Labs is an open-source software development company building tools, products, and services for the DeFi ecosystem. The company is the creator of the Compound money market. It enables users to supply Ethereum, earn interest, or borrow it at a given interest rate. And its partnered with Circle and Fireblocks to launch Compound Treasury, a new product designed to help institutions get into DeFi.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Nov 2019
$25m
SERIES A
May 2018
$8.2m
EARLY VC
Total funding: $33.7m
This company has top investors
Leadership
Geoffrey Hayes
(Founder & CTO)BSc in Engineering and Computer Science from University of Pennsylvania. Former Engineering Manager at Postmates. Founder and CTO of Safe Shepherd.