Drift Protocol Corporation

Financial ServicesSeries BSydney, Australiadrift.trade

Latest round

Series B

Last raised

Sep 2024

Total raised

$52M

Investors

14

About Drift Protocol Corporation

Based in New South Wales, Australia, and founded in 2021, Drift Protocol Corporation, also known as Drift Labs, operates as a financial technology company that offers a variety of trading options, including perpetual contracts, spot trading, and yield generation. The company was founded by Cindy Leow. Drift Labs offers a decentralized derivatives cryptocurrency exchange platform, which is a prediction platform built on the Solana blockchain that allows users to trade various cryptocurrencies and tokens, including perpetual futures, spot trading, and swaps. In addition, the company also offers a DRIFT token, which is a community-driven governance token for the Drift Protocol.

Who invested in Drift Protocol Corporation

14 investors across 3 rounds

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Funding rounds

  1. Series B

    Sep 19, 2024

    Amount

    $25M

    Investors

    Locked

  2. Series A

    May 22, 2023

    Amount

    $24M

    Investors

    Locked

  3. Seed

    Oct 26, 2021

    Amount

    $3.8M

    Investors

    Locked

Questions about Drift Protocol Corporation

Who invested in Drift Protocol Corporation?

Drift Protocol Corporation has 14 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Drift Protocol Corporation raised?

Drift Protocol Corporation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Drift Protocol Corporation last raise money?

Drift Protocol Corporation's most recent round on record is a Series B, in Sep 2024.

What does Drift Protocol Corporation do?

Based in New South Wales, Australia, and founded in 2021, Drift Protocol Corporation, also known as Drift Labs, operates as a financial technology company that offers a variety of trading options, including perpetual contracts, spot trading, and yield generation.

Where is Drift Protocol Corporation headquartered?

Drift Protocol Corporation is headquartered in Sydney, Australia.

Which VCs invest in companies like Drift Protocol Corporation?

Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Drift Protocol Corporation's stage. Their profiles are linked below.

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