Corporate information
Company type
Developer of algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.Overview
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. The Compound protocol is based on the Compound Whitepaper (2019); the codebase is open-source, and maintained by the community. The app.compound.finance interface is open-source, and maintained by the community. The Compound protocol is governed and upgraded by COMP token-holders, using three distinct components; the COMP token, governance module (Governor Bravo), and Timelock. Together, these contracts allow the community to propose, vote, and implement changes through the administrative functions of a cToken or the Comptroller. Proposals can modify system parameters, support new markets, or add entirely new functionality to the protocol.
Funding rounds
N/A
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Paradigm Crypto Fund | Cryptocurrency investment fund. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Dragonfly Capital | Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Polychain Capital LLC | Hedge fund investing in cryptocurrencies. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Bain Capital Venture Partners LLC (Bain Capital Ventures) | Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
A195 Capital | Venture firm providing capital globally to early stage blockchain, cryptocurrency, and tokenized digital assets. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Coinbase Ventures | The corporate venturing arm of Coinbase investing in companies building the open financial system. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Uncorrelated Ventures | Venture capital firm focused on infrastructure software. | Initial investment. |
Team
| Employee | Position | ||
|---|---|---|---|
|
Robert Leshner (founder) |