# Exponential

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exponential

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.exponential.fi
- Total disclosed funding: $14M
- Latest round: Seed (Oct 2, 2022)
- Investors on record: 10

## About

Founded in 2021 and based in California, US, Exponential DeFi Inc., d.b.a Exponential operates as a decentralized finance (DeFi) platform that provides users to invest and trade on cryptocurrency. In February 2022, Exponential DeFi Inc. raised USD 14 million in seed funding led by Paradigm, with participation from Circle Internet Financial, FTX Trading, Haun Ventures, Polygon, A* Capital, Global Founders Capital, Launchpad Capital, Norwest Venture Partners, and Solana Labs, Inc. Individual investors and other unspecified investors also participated in the round. The Seed funding valued Exponential DeFi at USD 71.61 million post-money. The company was co-founded by Driss Benamour (CEO), Mehdi Lebbar & Greg Jizmagian. 

Exponential offers an investment platform to help investors strengthen their portfolios by investing in DeFi. Exponential built an institutional-grade risk assessment system for DeFi, Rate My Wallet which instantly analyzes the risk of users’ current investments. Rate My Wallet is powered by a DeFi graph which allows Exponential's team of experts to evaluate thousands of risk vectors and assess each liquidity pool by mapping it to the risk of every protocol, asset, or chain it relies upon.  

The company plans to use the 2022 funding to develop an accessible DeFi platform.

## Funding rounds

- Seed, Oct 2, 2022, $14M — Norwest Venture Partners, Global Founders Capital, Solana Labs, Inc., Paradigm, Launchpad Capital, A-Star Partners, Circle Ventures, FTX Ventures, Haun Ventures, Polygon

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Solana Labs, Inc. — Seed
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Seed
- Launchpad Capital (https://capitalatlas.ai/funds/launchpad-capital) — Seed
- A-Star Partners (https://capitalatlas.ai/funds/a-star-partners) — Seed
- Circle Ventures — Seed
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Seed
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Seed
- Polygon — Seed