# ether.fi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ether-fi

- Industry: Financial Services
- Headquarters: Grand Cayman, Cayman Islands
- Website: www.ether.fi
- Total disclosed funding: $23M
- Latest round: Series A (Feb 28, 2024)
- Investors on record: 6

## About

Established in 2022 and based in Grand Cayman, Cayman Islands, ether.fi operates as a blockchain technology company that offers financial services and applications built on blockchain networks that provide decentralized alternatives to traditional financial systems that facilitate Ethereum staking, contributing to the security and functionality of the Ethereum network. The company was founded by its CEO Mike Silagadze. In March 2024, ether.fi raised venture funding led by investor Hyperithm.

The liquid staking protocol helps stakers keep control of their keys while delegating staking to node operators and earning rewards. It offers a non-custodial staking solution that serves as a building block for web3 infrastructure. 

The company plans to use the February 2023, funding to increase its hiring and build out partnerships with a variety of channels.

## Funding rounds

- Series A, Feb 28, 2024, $23M — Foresight Ventures, Bullish Partners, ConsenSys Ventures, CoinFund Management, OKX, Amber

## Investors

- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Series A
- Bullish Partners (https://capitalatlas.ai/funds/bullish-partners) — Series A
- ConsenSys Ventures (https://capitalatlas.ai/funds/consensys-ventures) — Series A
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Series A
- OKX — Series A
- Amber — Series A