Element Finance

About

Element is an open-source protocol that offers BTC, ETH, and USDC at a discount for fixed and variable yield markets.

North Richland Hills,Texas,United States
11 - 50
https://element.fi

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $4.40M
Industries: Blockchain,Finance,Financial Services,Internet
Founded date: Nov 24, 2020
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Element Finance, Inc.
Also Known As: Element Protocol

Element is an open-source protocol for fixed and variable yield markets. The company is building structured financial products to grow their digital assets.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$36.40M

Element Finance has raised a total of $36.40M in funding over 2 rounds. Their latest funding was raised on Oct 19, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 19, 2021	Series A	$32M	31	Polychain	—	Detail
Mar 31, 2021	Seed	$4.40M	12	Andreessen Horowitz Placeholder	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

36

Element Finance is funded by 36 investors. Polychain and Republic are the most recent investors.

Investor Name	Lead Investor	Funding Round
Polychain	Yes	Series A
Republic	—	Series A
A.Capital Ventures	—	Series A
Advanced Blockchain	—	Series A
Alex Svanevik	—	Series A
Andreessen Horowitz	—	Series A
Anthony Sassano	—	Series A
Cyrus Younessi	—	Series A
Darren Lau	—	Series A
David Hoffman	—	Series A