Lido

About

Lido is a provider of liquid staking solutions for staked assets and Ethereum.

Grand Cayman,Midland,Cayman Islands
51 - 100
https://lido.fi

Highlights

Details

Last Funding Type: Funding Round
Last Funding Money Raised: $3.59M
Industries: Blockchain,Cryptocurrency,Ethereum,Financial Services,FinTech
Founded date: Jan 1, 2020
Number Of Employee: 51 - 100
Operating Status: Active
Also Known As: Lido Finance

Lido is a provider of liquid staking solutions for staked assets and Ethereum. The platform lets users stake their assets for daily staking rewards. Users can stake any amount of tokens - no minimum. It issues synthetic native tokens for every Ethereum staked via its protocol, thereby enabling users to stake Ethereum and receive an asset of equal value which can be used in various DeFi applications to earn yield.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$170.59M

Lido has raised a total of $170.59M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2022 from a Funding Round round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 6, 2022	Funding Round	$3.59M	1	Alameda Research	—	Detail
Sep 14, 2022	Series Unknown	$24M	1	Dragonfly Capital	—	Detail
Mar 3, 2022	Series Unknown	$70M	1	Andreessen Horowitz	—	Detail
May 5, 2021	Initial Coin Offering	$51M	1	Paradigm	—	Detail
May 5, 2021	Series Unknown	$22M	5	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

Lido has made 2 investments. Their most recent investment was on Feb 22, 2017, when Helbiz raised $1.05M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Feb 22, 2017 Helbiz	Equity Crowdfunding	$1.05M	Electric Vehicle	—
Oct 20, 2015 Helbiz	Seed	$1.30M	Electric Vehicle	—

Investors

Number of Lead Investors

Number of Investors

4

8

Lido is funded by 8 investors. Alameda Research and Dragonfly Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alameda Research	Yes	Funding Round
Dragonfly Capital	Yes	Series Unknown
Andreessen Horowitz	Yes	Series Unknown
Paradigm	Yes	Initial Coin Offering
Digital Currency Group	—	Series Unknown
Coinbase Ventures	—	Series Unknown
Jump Trading	—	Series Unknown
Three Arrows Capital	—	Series Unknown