Swivel Finance

About

Swivel Finance is a decentralized protocol for fixed-rate lending and interest-rate derivatives.

Austin,Texas,United States
1 - 10
https://swivel.finance/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $3.50M
Industries: Cryptocurrency,Financial Services
Founded date: Jan 1, 2020
Number Of Employee: 1 - 10
Operating Status: Active
Also Known As: DeFiHedge

Swivel Finance is a decentralized protocol for fixed-rate lending and tokenized cash-flows that enables lenders to "lock-in" fixed-rate interest rates on their ERC-20 tokens with low transaction overhead and less risk.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$4.65M

Swivel Finance has raised a total of $4.65M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 1, 2021	Series A	$3.50M	8	—	—	Detail
Dec 10, 2020	Seed	$1.15M	10	Electric Capital Multicoin Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

17

Swivel Finance is funded by 17 investors. Electric Capital and CMT Digital Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Electric Capital	Yes	Seed
CMT Digital Ventures	—	Series A
Fenbushi Digital	—	Series A
GSR	—	Series A
IOSG Ventures	—	Series A
Multicoin Capital	—	Series A
OKEx	—	Series A
SevenX Ventures	—	Series A
Triblock	—	Series A
Alexander Pack	—	Seed