KANDO id: 1721172

Corporate information

Founders
Official name
Compound Labs, Inc.
Affiliated coins

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


( )

Profile Country Notes
Paradigm Crypto Fund Cryptocurrency investment fund. Initial investment.

Profile Country Notes
Divergence Ventures Crypto venture fund. Initial investment.

Profile Country Notes
Dragonfly Capital Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors. Initial investment.

Profile Country Notes
Polychain Capital LLC Hedge fund investing in cryptocurrencies. Initial investment.

Profile Country Notes
Bain Capital Venture Partners LLC (Bain Capital Ventures) Initial investment.

Profile Country Notes
A195 Capital Venture firm providing capital globally to early stage blockchain, cryptocurrency, and tokenized digital assets. Initial investment.

Profile Country Notes
Coinbase Ventures The corporate venturing arm of Coinbase investing in companies building the open financial system. Initial investment.

Profile Country Notes
Uncorrelated Ventures Initial investment.


Investment activity status
Active investor

Current team

Employee Position
Robert Leshner (founder)

Current team

Selected Products / Customers

Financials