VCID: 1721172
    Profile
    Founders

    Corporate information

    Official name
    Compound Labs, Inc.

    Registration country

    Affiliated entities

    Investment activity status
    Active investor

    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.

    Current employees

    Robert Leshner founder

    Funding rounds

    (31 Dec 2019)

    Profile Country Notes
    Paradigm Crypto Fund Cryptocurrency investment fund. United States Initial investment. Round participant.


    Profile Country Notes
    Divergence Ventures Crypto venture fund. United States Initial investment. Round participant.


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


    Profile Country Notes
    Polychain Capital LLC Hedge fund investing in cryptocurrencies. United States Initial investment. Round participant.


    Profile Country Notes
    Bain Capital Venture Partners LLC Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital. United States Initial investment. Round participant.


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


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


    Profile Country Notes
    Uncorrelated Ventures Venture capital firm focused on infrastructure software. United States Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    A195 Capital logo A195 Capital
    Venture firm providing capital globally to early stage blockchain, cryptocurrency, and tokenized digital assets.
    N/A
    Bain Capital Venture Partners LLC logo Bain Capital Venture Partners LLC
    Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital.
    +1 (617) 516-2000
    N/A
    Coinbase Ventures logo Coinbase Ventures
    The corporate venturing arm of Coinbase investing in companies building the open financial system.
    N/A
    Divergence Ventures logo Divergence Ventures
    Crypto venture fund.
    N/A
    Dragonfly Capital logo Dragonfly Capital
    Multi-stage venture capital firm focused on the software, fintech, cryptocurrency, and financial services sectors.
    N/A
    Paradigm Crypto Fund logo Paradigm Crypto Fund
    Cryptocurrency investment fund.
    N/A
    Polychain Capital logo Polychain Capital LLC
    Hedge fund investing in cryptocurrencies.
    +1 (952) 797-4796
    N/A
    Uncorrelated Ventures logo Uncorrelated Ventures
    Venture capital firm focused on infrastructure software.
    N/A