Euler XYZ

Financial ServicesSeries ALondon, UKeuler.xyz

Latest round

Series A

Last raised

Jun 2021

Total raised

$8.7M

Investors

2

About Euler XYZ

Founded in 2020, Euler XYZ Limited is headquartered in London, UK. The company specializes in creating decentralized financial applications, introducing innovative products such as the Euler lending protocol. The founders, Doug Hoyte and Jack Prior, lead the organization with CEO Michael Bentley and Rob Jones at the helm.Euler Labs specializes in developing decentralized finance (DeFi) applications, focusing on enhancing the functionality and accessibility of financial services through blockchain technology. Core offerings include significant contributions to the Ethereum Vault Connector (EVC) and the Euler lending protocol, designed to facilitate peer-to-peer lending and borrowing.Euler Labs generates revenue through transaction fees associated with its lending protocol and EVC, where users pay fees for borrowing and lending assets directly on the platform. This model enhances efficiency and reduces costs by eliminating intermediaries. The company is focused on launching new products designed for the DeFi space and expanding into new geographic markets. Specific markets targeted for expansion include regions with growing demand for decentralized finance solutions, ensuring strategic alignment with their long-term growth initiatives.

Who invested in Euler XYZ

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 15, 2021

    Amount

    $7.9M

    Investors

    Locked

  2. Seed

    Dec 15, 2020

    Amount

    $0.8M

    Investors

    Locked

Questions about Euler XYZ

Who invested in Euler XYZ?

Euler XYZ has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Euler XYZ raised?

Euler XYZ has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Euler XYZ last raise money?

Euler XYZ's most recent round on record is a Series A, in Jun 2021.

What does Euler XYZ do?

Founded in 2020, Euler XYZ Limited is headquartered in London, UK.

Where is Euler XYZ headquartered?

Euler XYZ is headquartered in London, UK.

Which VCs invest in companies like Euler XYZ?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Euler XYZ's stage. Their profiles are linked below.

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