# Distributed Finance Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/distributed-finance-holdings

- Industry: Internet
- Headquarters: London, UK
- Website: www.distributedfinance.co
- Total disclosed funding: $2.5M
- Latest round: Seed (Aug 23, 2022)
- Investors on record: 5

## About

Based in London, UK, and founded in 2020, Distributed finance holdings Ltd, operates as a financial technology company that helps to create and manage enterprise-ready DAOs and provides a platform for NFT and collections marketplace. In August 2022, Distributed finance holdings limited raised USD 2.5 million in seed funding led by Borderless Capital, Algorand Foundation Ltd., Big Brain Holdings, etc. As of 2022, the company is led by its CEO Ross Murray-Jones.

Distributed Finance is a DAO and NFT player on Algorand. It promotes the advancement of NFTs and DAO on Algorand. It has two ventures named Zest and Rand Gallery. Zest allows its users to create and run their own decentralized autonomous organization. It offers an all-in-one DAO toolkit that allows the user to set up his/her DAO and offers in-house services and third-party integrations and offers real-world interaction. The services offered by this venture include community DAOs and Investment DAOs. Whereas Rand Gallery is a marketplace for NFT on Algorand. It is a platform that allows its users to buy and sell NFTs and allows them to see trending collections and new listings and offers creator tools that help to list available NFTs, list created NFTs, mass add NFTs, etc.

The company plans to use August 2022 funding to leverage Rand Gallery and Zest’s platform on the Algorand ecosystem.

## Funding rounds

- Seed, Aug 23, 2022, $2.5M — Algorand Foundation Ltd., Eterna Capital, Borderless Capital, Big Brain Holdings, FunFair Ventures

## Investors

- Algorand Foundation Ltd. — Seed
- Eterna Capital (https://capitalatlas.ai/funds/eterna-capital) — Seed
- Borderless Capital (https://capitalatlas.ai/funds/borderless-capital) — Seed
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Seed
- FunFair Ventures (https://capitalatlas.ai/funds/funfair-ventures) — Seed