# Crocodile Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crocodile-labs

- Industry: Software
- Headquarters: Sarasota, US
- Website: www.crocswap.com
- Total disclosed funding: $2.5M
- Latest round: Seed (May 17, 2022)
- Investors on record: 1

## About

Based in Sarasota, FL, US, and founded in 2021, Crocodile Labs operates as a provider of DEX protocol. The company was founded by Doug Colkitt. In May 2022, the firm raised USD 2.5 million in Seed funding for an investor to motivate venture capital in the round. The Series Seed-1 funding round values Crocodile Labs at USD 12 million post-money.

The company offers CrocSwap a decentralized exchange that will welcome the subsequent 100 million DeFi consumers. One smart contract controls the entire DEX and manages collateral in one place.

## Funding rounds

- Seed, May 17, 2022, $2.5M — Motivate Venture Capital

## Investors

- Motivate Venture Capital (https://capitalatlas.ai/funds/motivate-venture-capital) — Seed