How Much Did Compound Raise? Funding & Key Investors

Compound has successfully raised funding over five rounds, with the latest being a Venture - Series Unknown. The platform is an open-source interest rate protocol that unlocks new financial applications.

Keep reading to explore the intricacies of Compound's fundraising journey and the investors backing this innovative platform.

What Is Compound?

Compound is an open-source interest rate protocol that unlocks new financial applications. The company operates in the blockchain, cryptocurrency, decentralized finance (DeFi), Ethereum, finance, and fintech industries.

Based in San Francisco, California, Compound has an employee count of 51-100. While the founding year and founder names are not specified, the company has made significant strides in the financial technology sector.

How Much Funding Has Compound Raised?

1. Seed Round
   • Amount Raised: USD 8,200,000
   • Date: May 2018
   • Lead Investors: Andreessen Horowitz, Bain Capital Ventures, Polychain
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To develop the initial version of the platform and attract early users.
2. Series A
   • Amount Raised: USD 25,000,000
   • Date: November 2019
   • Lead Investors: Andreessen Horowitz
   • Valuation at Round: USD 90,000,000
   • Motivation Behind the Round: To expand platform accessibility and integrate with crypto exchanges, custodians, and wallets.
3. Series Unknown
   • Amount Raised: Not disclosed
   • Date: January 2020
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support ongoing development and scaling of the platform.
4. Debt Financing
   • Amount Raised: USD 37,634,255
   • Date: November 2022
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To provide liquidity and support operational expenses.
5. Series Unknown
   • Amount Raised: USD 95,000
   • Date: March 2025
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To continue platform enhancements and explore new financial applications.

Total Amount Raised: USD 71,929,255

Current Valuation: Not publicly disclosed

Key Investors

• Andreessen Horowitz
  • Details: Andreessen Horowitz is a prominent venture capital firm known for investing in technology companies. They have been working with Compound's team for over two years.
  • Investment Focus Areas: Technology, software, internet companies.
  • Notable Investments: Facebook, Airbnb, Coinbase.
• Bain Capital Ventures
  • Details: Bain Capital Ventures is a global private investment firm managing several asset classes including private equity, credit, public equity, venture capital, and real estate. They participated as an existing investor in Compound's Series A round.
  • Investment Focus Areas: Technology, healthcare, industrials, consumer products.
  • Notable Investments: LinkedIn, Burger King, Virgin Voyages.
• Polychain Capital
  • Details: Polychain Capital is a cryptocurrency investment firm that focuses on investing in blockchain technology and digital assets. They also participated as an existing investor in Compound's Series A round.
  • Investment Focus Areas: Blockchain technology, cryptocurrencies, decentralized finance (DeFi) projects.
  • Notable Investments: Dfinity, Filecoin, MakerDAO.
• NodeRise Capital
  • Details: NodeRise Capital is an investment firm that focuses on early-stage technology companies. They are listed as one of the major investors in Compound.
  • Investment Focus Areas: Technology, blockchain, fintech.
  • Notable Investments: Not publicly disclosed.
• Davoa Capital
  • Details: Davoa Capital is an investment firm specializing in high-growth technology companies. They are also listed as a major investor in Compound.
  • Investment Focus Areas: Technology, blockchain, fintech.
  • Notable Investments: Not publicly disclosed.

What's Next for Compound?

Compound's future looks promising as it aims to expand its platform by integrating with major crypto exchanges and wallets, making it more accessible to everyday users. This move could significantly increase its user base and transaction volume, leveraging the growing interest in decentralized finance (DeFi) platforms.

With the recent $25 million Series A funding led by Andreessen Horowitz, Compound is well-positioned for future fundraising opportunities. The platform's growth and increased accessibility are likely to attract more venture capital and institutional investors, further fueling its expansion.

However, Compound may face challenges such as regulatory scrutiny and technical hurdles in integrating with various crypto exchanges. Maintaining security and trust in a decentralized system will also be crucial to prevent hacks and fraud. Despite these challenges, the potential for growth in the DeFi space remains substantial.

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